Management Change/Compensation (Form 8-K)

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

The Board of Directors (the "Board") of FTAI Aviation Ltd. ("FTAI" or the "Company") appointed David Moreno as the Company's President and Stacy Kuperus as the Company's principal operating officer, effective February 12, 2026. Each of Mr. Moreno and Ms. Kuperus remains an "officer" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

Mr. Moreno, 36, served as the Company's Chief Operating Officer from 2021 to February 2026, where he was responsible for the Company's growth initiatives, strategic acquisitions and partnerships. From 2013 to 2021, Mr. Moreno held various roles within Fortress Investment Group focused on aviation investments. Mr. Moreno holds a B.A. in Business Administration and an M.S. in Accounting from Babson College.

Ms. Kuperus, 40, served as Chief Portfolio Officer from 2021 to February 2026, where she was responsible for business operations and deal execution across the various portfolios of owned assets. From 2014 to 2021, Ms. Kuperus held various roles within Fortress Investment Group primarily focused on developing the operational and organizational structure to support FTAI's portfolio growth. Ms. Kuperus holds a B.S. in Accounting from Nyack College.

There are no arrangements or understandings between either Mr. Moreno or Ms. Kuperus and any other person pursuant to which he or she was appointed as an officer of the Company. In addition, neither Mr. Moreno nor Ms. Kuperus has any family relationship with any director or executive officer of the Company. Our directors and executive officers may invest their own capital in the Company's Strategic Capital Initiative, without being subject to management fees, carried interest or incentive fees. In addition to transactions previously disclosed under Certain Relationships and Related Transactionsin the Company's annual proxy statement filed with the United States Securities and Exchange Commission on April 16, 2025, during the year ended December 31, 2025, Mr. Moreno had a gross contribution relating to his personal investment in the Strategic Capital Initiative of $2.0 million.