FTAI Ftai Aviation Ltd. - 8-K

Item 5.02

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

On March 5, 2026, the Board of Directors (the “Board”) of FTAI Aviation Ltd. (“FTAI” or the “Company”) appointed Nicholas McAleese
as the Company’s Chief Financial Officer and Michael Hazan as the Company’s Chief Accounting Officer, each effective March 6, 2026.

Mr. McAleese, 36, joined the Company in 2022 and most recently served as the Company’s Senior Vice President, Financial Planning
and Analysis, where he has played a key role in building out core corporate finance functions and financial planning and analysis. Earlier in his career, he held roles of increasing seniority in public accounting, real estate and commercial
lending, building broad experience in financial operations and capital allocation at companies, including BHG Financial, Breather and PricewaterhouseCoopers LLP (“PwC”). Mr. McAleese holds a B.A. in Economics from Trinity College Dublin and is both
a Chartered Financial Analyst and a Certified Public Accountant.

Mr. Hazan, 37, has served as the Company’s Senior Vice President, Controller since 2024, overseeing the Company’s accounting,
reporting and operational efforts. From 2017 to 2024, Mr. Hazan held various roles within Fortress Investment Group primarily focused on accounting and financial reporting, including for the Company. Prior to this, he worked in PwC’s audit practice
for over six years, most recently as an Assurance Manager. Mr. Hazan holds an M.S. in Accounting and a B.S. in Business Management, Accounting from Babson College, and is a Certified Public Accountant.

In connection with their appointments, Mr. McAleese’s and Mr. Hazan’s annual base salaries were increased to $525,000 and
$425,000, respectively. In addition, each will receive a one-time grant of RSUs valued at $1,200,000 and $1,000,000, respectively, vesting ratably over three years following the grant date.

On March 3, 2026, Eun (Angela) Nam notified the Board of her decision to resign as Chief Financial Officer and Chief Accounting
Officer of the Company, effective March 6, 2026, to pursue a new opportunity at a public company outside the aviation industry, and she will work closely with Mr. McAleese and Mr. Hazan in an advisory capacity to support a smooth transition. Ms.
Nam’s decision to leave the Company is not related to any financial or accounting issue or any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

There are no arrangements or understandings between either Mr. McAleese or Mr. Hazan and any other person pursuant to which they
were appointed as an officer of the Company. In addition, neither Mr. McAleese nor Mr. Hazan has any family relationship with any director or executive officer of the Company. The Company is not aware of any related person transactions in which
either Mr. McAleese or Mr. Hazan has a direct or indirect interest that would require disclosure under Item 404(a) of Regulation S-K.

Item 7.01

Regulation FD Disclosure.

On March 6, 2026, the Company issued a press release announcing the foregoing transition. A copy of the press release is attached
hereto as Exhibit 99.1.

The information in this Item 7.01 and Exhibit 99.1 attached hereto is intended to be furnished and shall not be deemed “filed” for
purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933 or the
Exchange Act, except as set forth by specific reference in such filing.

Item 9.01.

Financial Statements and Exhibits.

(d)

Exhibits.

Exhibit Number

Description

99.1

Press Release, dated March 6, 2026

104

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