FTAI Aviation Ltd. 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by Fortress Transportation and Infrastructure Investors LLC (FTAI) on June 3, 2021. The filing reports on the results of the 2021 Annual Meeting of Shareholders held on the same date. The registrant is a Delaware limited liability company with securities listed on the New York Stock Exchange.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance matters and shareholder voting results rather than financial performance.
Material Changes
There are no material financial changes reported in this filing. The primary events are the election of directors and the ratification of the independent auditor.
Shareholder Voting Results
Shareholders voted on two key matters at the Annual Meeting:
- Election of Directors: Two Class III directors were elected to serve until the 2024 Annual Meeting.
- Andrew Levison: 34,244,238 votes for; 7,689,528 votes withheld; 18,829,875 broker non-votes.
- Kenneth J. Nicholson: 38,556,209 votes for; 3,377,557 votes withheld; 18,829,875 broker non-votes.
- Ratification of Auditors: Shareholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2021.
- Votes For: 60,634,363
- Votes Against: 116,975
- Abstentions: 12,303
Key Facts for Investor Verification
- Verify the tenure of the newly elected Class III directors (Andrew Levison and Kenneth J. Nicholson) through the 2024 Annual Meeting.
- Confirm the engagement of Ernst & Young LLP for the fiscal year ending December 31, 2021.
- Note the significant number of broker non-votes (18,829,875) on the director election, indicating shares held in street name without specific instructions from beneficial owners.
- Review subsequent filings (e.g., 10-Q or 10-K) for financial performance data, as this 8-K contains no financial metrics.