FTAI Aviation plans to market its inaugural asset-backed securitization (ABS) on May 20, 2026. The $612 million offering is named MRE 2026-1. A portfolio of 48 narrowbody aircraft backs the transaction.
The deal includes a $525 million senior tranche rated 'A'. An $87 million junior tranche carries a 'BBB+' rating. The aircraft in the collateral pool have an average age of 15.6 years.
Every aircraft in the pool is covered by an engine maintenance agreement with FTAI. This structure connects the company's leasing activities with its core engine repair business. FTAI will use the proceeds to refinance existing warehouse debt.