FTAI Aviation Ltd. filed Form 15 with the U.S. Securities and Exchange Commission to voluntarily terminate its share registration. This action suspends reporting duties for its ordinary shares, 8.25% Series C preferred shares, and 9.50% Series D preferred shares.
CFO Nicholas McAleese certified the filing, which eliminates the requirement for Form 10-K, 10-Q, and 8-K reports. The company expects the move to reduce administrative costs and reporting complexity. This transition will result in less publicly available information for investors.
The termination follows SEC rules allowing companies with a limited number of shareholders to exit the reporting system.