FTAI Aviation Ltd (NASDAQ:FTAI) edged higher in Monday’s premarket trading, gaining 2.3% after unveiling a multi-year collaboration with Palantir Technologies (NYSE:PLTR) aimed at deploying advanced AI tools throughout its global engine maintenance network.
Under the agreement, FTAI will adopt Palantir’s Artificial Intelligence Platform (AIP) to streamline operations ranging from maintenance planning to parts management. The company said the technology will help modernize its internal supply chain by automating workflows, optimizing inventory, improving asset allocation, and supporting faster procurement decisions.
Management believes integrating AI-driven insights into its processes will shorten production cycles and strengthen overall unit economics, potentially generating additional savings for airline customers. The initiative is also positioned as a key component of FTAI’s effort to challenge conventional models in the maintenance, repair, and overhaul (MRO) market and scale output to satisfy rising demand.
“As our customer base continues to multiply, accelerating the integration of advanced technology into our operations is essential,” said David Moreno, Chief Operating Officer of FTAI Aviation. “The initial results in our facilities have been impressive and AIP will play a critical role in achieving our long-term goal of 25% industry market share and enhanced value for our shareholders.”
The announcement adds to a growing trend of industrial companies adopting AI systems to boost efficiency across complex operational infrastructures, particularly in heavy-maintenance environments where downtime and logistics play a critical role in profitability.