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FTAI Aviation Expands Fleet with Acquisition of 27 Boeing 737-700 Aircraft

Guavy AI Editorial Team Published September 28, 2026

Instruments

FTAI Aviation Ltd, a leading aviation leasing and aftermarket services company, has completed its acquisition of 27 Boeing 737-700 aircraft from WestJet. This transaction marks a significant expansion of FTAI's fleet and aftermarket capabilities.

The deal includes 17 aircraft leased back to WestJet, ensuring immediate lease revenue for FTAI, while the remaining 10 off-lease planes will enhance its Aerospace Products division, which specializes in maintenance, repair, and exchange (MRE) services for CFM56 and V2500 engines powering Boeing 737NG and Airbus A320ceo aircraft.

FTAI's current Price-to-Sales ratio stands at 5.85, slightly above its historical median of approximately 4.9x, indicating the market is pricing in continued growth despite the company's unprofitable and cash-flow-negative status.

FTAI Aviation Expands Fleet with Acquisition of 27 Boeing 737-700 Aircraft

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