FTAI Aviation announces launch of FTAI Power

FTAI Aviation (FTAI) announced the launch of FTAI Power, a new platform focused on converting CFM56 engines to power turbines built to provide the most flexible, cost efficient and scaled solution for delivering reliable energy to data centers globally. FTAI is uniquely positioned as one of the largest aftermarket maintenance providers and owners of the CFM56 engine to bring a new power turbine to the market with production expected to begin in 2026. “The CFM56 engine market is the largest and most reliable in the world, making it an ideal candidate for aeroderivative conversion which will further extend the engine’s life,” said Joe Adams, Chairman and CEO. “At FTAI, we have over one million square feet of maintenance facilities globally and billions of dollars of engines which we believe gives us unrivaled capabilities. After over a year in development, we plan to begin production of the FTAI Power aeroderivative using our proprietary conversion architecture offering the market an alternative to address the unprecedented need for electricity.”