StocksMedium•30 September 2026•
1 min read
FTAI Aviation Acquires 27 Boeing 737s to Expand Engine Business
Key Facts
1FTAI Aviation acquired 27 Boeing 737-700 aircraft from WestJet to secure CFM56-7B engines.
2The company deepened its engine maintenance partnership with PT Garuda Maintenance Facility Aero Asia Tbk.
FTAI Aviation acquired 27 Boeing 737-700 aircraft from WestJet to secure a supply of CFM56-7B engines. Simply Wall St reported that the transaction involves 17 on-lease and 10 off-lease aircraft, directly supporting FTAI's engine maintenance and exchange operations.
The company also deepened its engine maintenance partnership with PT Garuda Maintenance Facility Aero Asia Tbk to ensure capacity for the next five years. Regarding market performance, FTAI closed at $168.93 on September 29, 2026, having traded between a low of $168.9 and a high of $174.85 during that session.