The deal "will allow us to greatly increase our scope of work for interior renovations while accelerating client turnaround times," Yingling Aviation's CEO said.

This fulfils a portion of a larger contract for 32 aircraft to bolster the Philippine Air Force's capabilities.

FTAI Aviation Ltd. (NASDAQ:FTAI) has been making waves in the aerospace and defense sector with its innovative approach to aircraft engine leasing and aftermarket services. The company's stock has ...