FTAI Aviation (FTAI) 8-K Fortress Transportation and Infrastructure Investors LLC Announces First Quarter 2015 Results

Exhibit 99.1

PRESS RELEASE

Fortress Transportation and Infrastructure Investors LLC Announces First Quarter 2015 Results

NEW YORK, June 3, 2015 — Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) (the “Company”) today reported financial results as of and for the first quarter ended March 31, 2015. The Company’s financial statements are attached as an exhibit to this press release.

Initial Public Offering

On May 20, 2015, FTAI closed its initial public offering of 20,000,000 common shares. The total gross proceeds of the offering were approximately $340 million. Of the proceeds, approximately $21.25 million was used to pay underwriting discounts and commissions. The Company intends to use the net proceeds from the offering, together with other sources of capital and liquidity, for the acquisition of infrastructure and equipment assets in its target sectors—aviation, energy, intermodal transport and rail—as well as to opportunistically acquire assets across the transportation and transportation-related infrastructure markets. In addition, the Company intends to use the net proceeds for follow-on investments in existing assets, working capital and other general corporate purposes.

About Fortress Transportation and Infrastructure Investors LLC

Fortress Transportation and Infrastructure Investors LLC owns and acquires high quality infrastructure and equipment that is essential for the transportation of goods and people globally. FTAI targets assets that, on a combined basis, generate strong and stable cash flows with the potential for earnings growth and asset appreciation. FTAI is externally managed by FIG LLC, an affiliate of Fortress Investment Group LLC, a leading, diversified global investment firm.

Cautionary Note Regarding Forward-Looking Statements

The foregoing information contains certain forward-looking statements that reflect the Company’s current views with respect to how the Company intends to use the net proceeds from its initial public offering. These forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the Company’s operations and business environment which may cause the Company’s actual results to be materially different from any future results, expressed or implied, in these forward-looking statements. Any forward-looking statements in this release are based upon information available to the Company on the date of this release. The Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could potentially affect the Company’s financial results may be found in the Company’s filings with the Securities and Exchange Commission.

For further information, please contact:

Alan Andreini

Investor Relations

Fortress Transportation and Infrastructure Investors LLC

(212) 798-6128

aandreini@fortress.com

Exhibit – Financial Statements

Fortress Transportation and Infrastructure Investors LLC

Consolidated Statements of Income (Unaudited)

(Dollar amounts in thousands, except share and per share data)

	Three Months Ended March 31,
	2015			2014
Revenues
Equipment leasing revenues	$	23,038		$	7,696
Infrastructure revenues		10,935			—
Total revenues		33,973			7,696
Expenses
Operating expenses		14,719			537
General and administrative		348			227
Acquisition and transaction expenses		368			3,333
Management fees to affiliate		2,414			751
Depreciation and amortization		10,562			1,831
Interest expense		4,815			817
Total expenses		33,226			7,496
Other income
Equity in earnings of unconsolidated entities		1,241			1,604
Gain (loss) on sale of equipment, net		3			(40	)
Interest income		187			6
Other income (expense)		(6	)		(9	)
Total other income		1,425			1,561
Income before income taxes		2,172			1,761
Provision for income taxes		230			159
Net income		1,942			1,602
Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries		(3,506	)		176
Net income attributable to members	$	5,448		$	1,426
Basic and Diluted Earnings Per Share	$	0.10		$	0.03
Weighted Average Shares Outstanding		53,502,873			53,502,873

Fortress Transportation and Infrastructure Investors LLC

Consolidated Balance Sheets (Unaudited)

(Dollar amounts in thousands, except share and per share amounts)

	March 31, 2015		December 31, 2014
Assets
Cash and cash equivalents	$	37,292	$	22,125
Restricted cash		16,431		21,084
Accounts receivable, net		10,123		9,588
Leasing equipment, net		502,945		509,379
Finance leases, net		99,872		102,813
Property, plant, and equipment, net		264,421		228,328
Investments in and advances to unconsolidated entities		21,823		21,569
Tendered bonds		298,000		298,000
Intangible assets, net		49,025		52,041
Goodwill		115,226		115,226
Other assets		23,461		24,048
Total assets	$	1,438,619	$	1,404,201
Liabilities
Accounts payable and accrued liabilities	$	28,744	$	42,784
Debt		588,603		592,867
Maintenance deposits		35,265		35,575
Security deposits		12,790		13,622
Other liabilities		6,413		5,856
Total liabilities		671,815		690,704
Commitments and Contingencies
Members’ Equity
Common Shares ($.01 par value per share; 2,000,000,000 shares authorized; 53,502,873 shares issued and outstanding		535		535
Additional Paid In Capital		657,404		613,683
Accumulated other comprehensive income		75		214
Members’ equity		658,014		614,432
Non-controlling interest in equity of consolidated subsidiaries		108,790		99,065
Total members’ equity		766,804		713,497
Total liabilities and members’ equity	$	1,438,619	$	1,404,201