FTAI is trading approximately 23% up at $274.89 in pre-market action following a credit rating upgrade from Moody’s.
- Moody’s Ratings raised FTAI Aviation’s corporate family rating to Ba1 from Ba2 and assigned a stable outlook.
- The upgrade was driven by a sharp reduction in debt leverage, which significantly improves the company’s credit profile.
- The rating action has sparked a sharp rebound in the stock, boosting investor confidence after a period of recent declines.