FTAI Aviation stock swings on CFM56 parts deal — what traders watch next
FTAI Aviation shares rose 1% to $289.84 by early afternoon Thursday after announcing a multi-year materials deal with CFM International for CFM56 engine parts and repairs. The stock hit an intraday high of $308 before retreating. Financial terms were not disclosed. FTAI reports fourth-quarter results Feb. 25, with a conference call set for Feb. 26.