FTAI Aviation Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 55.98 million compared to USD 39.33 million a year ago. Revenue was USD 292.72 million compared to USD 91.69 million a year ago.

Net income was USD 29.4 million compared to net loss of USD 222.19 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to basic loss per share from continuing operations of USD 1.87 a year ago. Diluted earnings per share from continuing operations was USD 0.22 compared to diluted loss per share from continuing operations of USD 1.87 a year ago.