FTAI Aviation Investors Can Step Forward for Major Class Action Lawsuit Following Significant Losses

FTAI Aviation Class Action Lawsuit Opportunity

FTAI Aviation Ltd. has become the center of attention as its investors are presented with a valuable opportunity to take action following substantial financial losses. Robbins Geller Rudman & Dowd LLP, a prominent law firm that specializes in representing investors in securities fraud cases, has announced that investors who purchased or acquired FTAI Aviation securities during the defined class period from July 23, 2024, to January 15, 2025, can serve as lead plaintiffs in a class action lawsuit. The deadline to take this step is March 18, 2025.

The class action, known officially as Shannahan v. FTAI Aviation Ltd., is being filed in the Southern District of New York and alleges several violations of the Securities Exchange Act of 1934. Investors who are interested in this opportunity to represent their peers can provide their contact information through the law firm’s designated platform. They can also reach out directly to attorneys J.C. Sanchez or Jennifer N. Caringal for further assistance.

Allegations Against FTAI Aviation

FTAI Aviation Ltd. is primarily engaged in the ownership, leasing, and sale of aviation equipment. The class action lawsuit raises serious accusations against the company and its executives, claiming that throughout the class period, they made numerous false or misleading statements that significantly affected the company's financial outlook, harming investors.

Some of the key allegations include:
1. Misrepresentation of Revenue: The lawsuit contends that FTAI Aviation reported sales from one-time engine sales as Maintenance Repair and Overhaul (MRO) revenue, which the firm claims is deceptive, considering FTAI only provides limited repair and maintenance services for the engines sold.
2. Inflated Sales Figures: Another assertion made in the lawsuit is that FTAI presented whole engine sales as individual module sales, thereby misleading investors about its actual sales volume and market demand.
3. Depreciation Practices: There are claims that FTAI Aviation depreciates engines that are not on lease, resulting in a misleadingly lower cost of goods sold, which in turn inflates the company’s EBITDA.

Moreover, an investigation by Muddy Waters Research disclosed allegations of