Strong Adjusted EBITDA Growth
Adjusted EBITDA for Q1 2025 was $268.6 million, up 7% from Q4 2024 and 64% from Q1 2024, indicating strong business performance.
Successful Asset Sales
Sold four aircraft for $59 million, with plans to sell remaining assets by end of Q2, generating significant inflow of approximately $440 million.
Aerospace Products Segment Performance
Aerospace Products segment delivered $130.9 million in EBITDA at a 36% margin, up 12% from the previous quarter and 86% from Q1 2024.
Strategic Capital Initiative Progress
Secured additional equity partner and expect further closings in Q3; on track to deploy over $4 billion in capital by year-end.
Debt Reduction and Financial Health
Targeting a debt-to-total EBITDA ratio of three by year-end, supported by asset sales and cash flow generation.