Shares of FTAI Aviation surged 8% as the company raised its financial guidance, targeting 9% market share in engine maintenance and increasing free cash flow estimates to $750 million by 2025. The broader aviation industry is thriving, with passenger traffic expected to hit record levels. FTAI also finalized the sale of 39 aircraft for $418.1 million, part of a strategic capital initiative. The market views this news as significant but not game-changing, as the stock has been highly volatile. FTAI Aviation is up 15.6% this year, trading near its 52-week high. Investors who bought $1,000 of its shares 5 years ago would now have $10,675.
Read more at StockStory.org – The Motley Fool: FTAI Aviation (FTAI) Shares Skyrocket, What You Need To Know
