FTAI says Mod-1 on track; approves up to $500M buyback
FTAI Aviation said its Mod-1 program is on track, with first delivery targeted for Q4 2026 and a 2027 goal of 100 units under a $1.465B contract after successful prototype tests. The company also launched up to $500M share buybacks.
FTAI Aviation Ltd. 465B contract after successful prototype tests. The company also launched up to $500M in share buybacks. Barclays cut its price target to $310 but remained optimistic on 60…