FTAI Aviation's New Power Venture Soars
Update: 2026-01-02
Description
FTAI Aviations shares surged to a record high after announcing FTAI Power, a new venture converting old CFM56 aircraft engines into power turbines for AI giants data centers. The move, starting in 2026, aims to produce over 100 units annually, driving shares up 14.4% to $199.88. The companys strong Q3 earnings, cash flow, and growth prospects have analysts bullish, with a $227 price target and 15% upside. Checkout Solipillow.com
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