10-Q/APeriod: Q1 FY2015

FTAI Aviation Ltd. Quarterly Report (Amendment) for Q1 Ended Mar 31, 2015

Filed June 25, 2015For Securities:FTAIFTAIMFTAIN

Summary

FTAI Aviation Ltd. (FTAI), formerly Fortress Transportation and Infrastructure Investors LLC, filed an amendment to its Form 10-Q for the period ending March 31, 2015. This amendment's primary purpose was to furnish Exhibit 101, as required by SEC regulations, and it does not alter the financial or operational disclosures made in the original 10-Q filing from June 3, 2015. Therefore, investors should refer to the original 10-Q filing for detailed financial information and operational insights. The company was incorporated in Delaware and had approximately 73.5 million common shares outstanding as of June 3, 2015.

Financial Statements
Beta
Revenue$33.97M
Operating Expenses$33.23M
Interest Expense$4.82M
Net Income$5.45M
EPS (Basic)$0.10
EPS (Diluted)$0.10
Shares Outstanding (Basic)53.50M
Shares Outstanding (Diluted)53.50M

Key Highlights

  • 1FTAI Aviation Ltd. filed an amendment (10-Q/A) to its quarterly report for the period ending March 31, 2015.
  • 2The amendment's sole purpose is to provide Exhibit 101, as mandated by Rule 405 of Regulation S-T.
  • 3No other changes or updates were made to the original Form 10-Q filing.
  • 4The company was formerly known as Fortress Transportation and Infrastructure Investors LLC.
  • 5FTAI is incorporated in Delaware.
  • 6As of June 3, 2015, there were 73,502,873 common shares outstanding.
  • 7FTAI is classified as a non-accelerated filer and a smaller reporting company.

Frequently Asked Questions

This is an amendment to the original 10-Q filing. Its sole purpose is to provide Exhibit 101, as required by SEC rules. It does not change any of the financial or operational information previously disclosed in the original Form 10-Q filed on June 3, 2015.

The quarterly period covered by this report is March 31, 2015.

Yes, the company was formerly known as Fortress Transportation and Infrastructure Investors LLC.

As of June 3, 2015, there were 73,502,873 common shares outstanding.