FTAI Aviation Ltd. (NASDAQ: FTAI) announced it will redeem all 4.2 million outstanding 8.25% Fixed-Rate Reset Series C Cumulative Perpetual Redeemable Preferred Shares on June 15, 2026. The company will pay $25.00 per share in cash plus accumulated unpaid distributions through the redemption date.

The Series C preferred shares, which trade under ticker symbol "FTAIN," were issued with an 8.25% fixed rate. The company previously declared distributions payable on June 15, 2026, meaning no additional unpaid amounts will be due at redemption.

FTAI Aviation sent notice of the full redemption to shareholders on May 15, 2026. Equiniti Trust Company serves as the transfer agent for the redemption process and can be contacted at 718-921-8124 or 1-800-937-5449 for additional information about redemption procedures.

The total redemption value equals approximately $105 million based on the 4.2 million shares outstanding at $25.00 per share. The announcement was made through a press release statement from the company.

FTAI Aviation operates in turbine technology and asset ownership sectors. The company's common shares continue to trade on NASDAQ under the ticker symbol FTAI.