FTAI Aviation Jumps On $1.5 Billion Deal For New Power Unit

News

Licensing

10:52 AM ET 07/22/2026

FTAI Aviation stock jumped around 7% on Wednesday morning after announcing a major customer agreement for its new unit that turns decommissioned jet engines into natural gas-powered turbines. The company announced a five-year, $1.5 billion deal to supply an unnamed "international cloud service provider" with turbines made from refurbished jet engines. Under the deal, FTAI Aviation (FTAI) and its joint…

FTAI Aviation Jumps On $1.5 Billion Deal For New Power Unit

Other newsrooms on this story

Related reading

What's Going on With FTAI Aviation Stock Tuesday? - FTAI Aviation (NASDAQ:FTAI)

Other newsrooms on this story

Related reading

What's Going on With FTAI Aviation Stock Tuesday? - FTAI Aviation (NASDAQ:FTAI)

Why Is jet.ai Stock Soaring on Wednesday? - Jet AI (NASDAQ:JTAI)

Jet.AI (JTAI) Stock Falls After Hours: Why Is It Moving? - Jet AI (NASDAQ:JTAI)

Why Is Jet.AI Stock Falling Friday? - Jet AI (NASDAQ:JTAI)

What GE Vernova's new manufacturing investment means for the AI power stock

Generac Joins Data Center Fracas; Soars On Generator Deal With AI Hyperscaler