FTAI Aviation Ltd. operates through two primary segments: Aerospace Products and Aviation Leasing. The Aerospace Products segment, which accounts for the vast majority of the company's revenue, develops, manufactures, repairs, and sells aircraft engines and aftermarket components, specializing in the widely used CFM56 and V2500 engines. Through its proprietary Module Factory and PMA (Parts Manufacturer Approval) procurement partnerships, FTAI provides cost-saving maintenance, repair, and exchange solutions to airlines and lessors globally. The Aviation Leasing segment manages a portfolio of commercial aircraft and engines, which it leases and sells to operators worldwide, often facilitating the acquisition of engines for its maintenance business. Originally founded as Fortress Transportation and Infrastructure Investors, the company completed a restructuring in 2022 to become a pure-play aviation entity.