U.S. Aircraft Engine Leasing Company, President's Stock Compensation Vesting Results in Approximately 17 Billion Won Withholding

On July 1, FTAI Aviation Ltd. (NASDAQ: FTAI) president David Moreno’s restricted stock units vested, prompting the company to withhold approximately $11.2 million (roughly KRW 17 billion) worth of common shares for tax payment. Following this settlement, Mr. Moreno continues to directly hold about 190,000 common shares. The transaction was disclosed as an internal net settlement to cover taxes, rather than a voluntary sale on the open market.

Earlier in February, FTAI Aviation signed an agreement with Air France to acquire seven Airbus A318 aircraft, marking the start of its commercial aircraft and engine portfolio expansion. In June, the company further grew its asset base by securing two additional A321-200 aircraft. It also launched FTAI Power this year, converting commercial jet engines into gas turbines for data-center power generation, thereby extending its operations into the power infrastructure sector.

FTAI Aviation Ltd. is a Nasdaq-listed aircraft engine and asset management firm that owns and maintains commercial jet engines such as the CFM56 and V2500, providing leasing and maintenance services to airlines worldwide. This disclosure is a routine update reflecting the vesting of executive equity awards and the related tax settlement, and it is not expected to materially affect the company’s ownership structure.