FTAI Aviation Announces Internalization, Terminates Management and Advisory Agreement
FTAI Aviation(FTAI) globenewswire.com·2024-05-28 18:00
NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) ("FTAI" or the "Company") announced today it has entered into definitive agreements providing for the internalization of the Company's management operations. Internalization Agreement Under the Internalization Agreement, the Company and FIG LLC (the "Manager") have terminated the Management and Advisory Agreement, dated July 31, 2022 (the "Management Agreement"), and the Services and Profit Sharing Agreement, dated November 10, 202 ...