FTAI Aviation Takes Flight with New AI-Powered Energy Venture

FTAI Aviation, a company known for its work in aircraft leasing and maintenance, has just launched a new business called FTAI Power. This new venture is all about converting old airplane engines into power generators. These generators are designed to provide electricity to places like data centers, which are in high demand due to the rise of artificial intelligence. The company is betting big on this idea. They plan to start producing these power turbines in 2026. FTAI Aviation believes that their experience and resources will help them make these turbines quickly and affordably. They even think they can support over 100 units a year.This move comes at a time when the demand for electricity is skyrocketing. AI is driving this demand, and companies need quick, flexible power solutions. FTAI Aviation is stepping in to fill this gap. The stock market seems to approve of this new venture. FTAI Aviation's shares have been on a roll, reaching new highs. As of Tuesday, the stock was up by 13. 01%, trading at $195. 32. This is a significant jump and shows that investors are optimistic about the company's future. However, it's important to note that the stock is now approaching key resistance levels. This means that the price might face some challenges in the near future. Traders will be watching closely to see if the stock can break through these levels or if it will pull back.