Moody’s Ratings upgraded FTAI Aviation Ltd.’s corporate family rating to Ba1 from Ba2. The upgrade also applies to the senior unsecured rating of its subsidiary, Fortress Transportation and Infrastructure Investors LLC. The ratings outlook changed to stable from positive.

The decision reflects a significant decline in financial leverage. FTAI’s debt-to-EBITDA ratio dropped to approximately 3.0x as of March 31, 2026. This leverage stood at 3.7x one year prior.

Moody’s cited the company’s disciplined strategy and profitable focus on CFM56 and V2500 aircraft engines. The company also expanded its maintenance, repair, and operations facilities. No specific market reaction was reported following the upgrade.