RBC sees FTAI aeroderivative pivot strengthening CFM56 aftermarket prospects

RBC Capital notes that FTAI Aviation (FTAI) announced the launch of a new strategic platform, FTAI Power, aimed at converting CFM56 engines into aeroderivative gas turbines. FTAI looks to expand its existing flexible and cost-efficient offerings in the commercial aerospace aftermarket towards delivering energy to data centers, as the accelerating demand from AI hyperscalers has created an immediate increase in power demand. FTAI expects to have capacity to deliver over 100 engines annually while following t ...