Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) fell 28.3% in the morning session after the company released ...
Andrew Left’s Muddy Waters announced a short position in FTAI Aviation (FTAI). The company’s financial reporting is “highly misleading,” as its ...
FTAI Aviation stock drops amid potential delay in financial reporting. The Audit Committee of the Board of Directors ...
Further, Muddy Waters alleges that FTAI improperly depreciates engines that are not on lease, which artificially inflates its earnings before interest, taxes, depreciation, and amortization (EBITDA).