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Stock impact report

Institutional Interest And CFM56 Deal Test FTAI Aviation Valuation [Yahoo! Finance]

FTAI Aviation Ltd. (FTAI) 
Last ftai aviation ltd. earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ftandi.com
Company Research Source: Yahoo! Finance
SHIKIAR ASSET MANAGEMENT INC has taken a significant new position in FTAI Aviation (NasdaqGS:FTAI), highlighting fresh institutional interest in the stock. FTAI Aviation has entered a multi year agreement with CFM International to support CFM56 engines through component supply and repair services. FTAI Aviation comes into this news with strong recent share price momentum, with the stock at $272.32 and up 29.5% over the past month and 29.5% year to date. The 1 year return is 173.6%, and the 3 year performance is very large, which has already put the company on many investors' radar. SHIKIAR ASSET MANAGEMENT INC's new stake adds another layer of attention, as institutional interest can influence how widely followed a stock becomes. At the same time, the CFM International partnership deepens FTAI Aviation's role in the CFM56 maintenance, repair, and overhaul ecosystem, which many investors will watch closely as they assess how the company positions itself in the aviation services Show less Read more
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