SCHEDULE: Shikiar Asset Management Discloses 6.1% Stake in FTAI Aviation

Shikiar Asset Management Inc. has reported a 6.1% beneficial ownership stake in FTAI Aviation Ltd.'s Series D Cumulative Perpetual Preferred Shares.

Summary

• Shikiar Asset Management Inc. has reported beneficial ownership of FTAI Aviation Ltd.'s Series D Cumulative Perpetual Preferred Shares.
• The investment adviser holds 159,130 shares, which represents 6.1% of the class.
• Shikiar Asset Management Inc. exercises sole voting power and sole dispositive power over all 159,130 shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
• The event requiring this statement occurred on September 30, 2025.

Sentiment

Score: 5

Explanation: This is a factual beneficial ownership report and does not contain information that would inherently indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding future outlook.

Industry Context

This beneficial ownership report indicates institutional interest in FTAI Aviation Ltd.'s preferred shares, a common occurrence in the aviation leasing sector where various financial instruments are utilized for capital structure.

Stakeholder Impact

• Shareholders: The disclosure of a significant stake by an investment adviser could be viewed as a positive signal, indicating institutional interest in the preferred shares.
• Company Management: Awareness of a new significant shareholder in their preferred shares.

Key Dates

Keywords

FTAI Aviation Ltd., Shikiar Asset Management, Series D Preferred Shares, Beneficial Ownership, Schedule 13G, Investment Adviser, Preferred Stock, Aviation Leasing