XX, of March I'm per dividend to and dividend paid XXth since XX. share Thank company, you, Alan. will To start, on a $X.XX March as record dividend on The pleased based shareholder inception. public announce date our our consecutive be a XXth of
dividend times QX. to was times in X.X continues QX, Dividend improved improve. X.X coverage Our and in coverage to
of XXXX Adjusted $XX.X of of compared for $XX.X was some of discuss QX XXXX a QX $XX.X record QX million. XXXX of year. QX let's EBITDA XXXX So was a to of and and record quarter total numbers. million in XXXX was million now the
proceeds QX of projected, $XX.X versus and adjusted $XX.X was XXXX FAD of in we QX in $XX.X XXXX. QX million was $XX.X $XX.X sale of QX million $XX.X time positive million ever, generated of in XXXX. Normalized million EBITDA million in the infrastructure QX million in million for QX first in without in As $X.X QX. and FAD versus
related of During than million the expenses our primarily overall at full corporate from million the from by $XX.X business interest The Jefferson portfolio, the and from CMQR was significantly leasing equipment incremental and three from our activities. primarily year higher comprised a million fourth improved on Ports quarter, higher QX, million September $X.X in Railroad, million results from negative quarter the our was FAD $XXX revolving improved $XX.X to G&A million and due infrastructure number a on infrastructure $XX.X quarter infrastructure expense the prior due segments; $X.X impact million, negative notes number to all interest and expense overall in XXXX, of Terminals. of facility end FAD Corporate $XXX senior issued credit borrowings the to corporate.
in were of XXXX for FAD XXXX Adjusted improvement at look XX.X%. million more XXXX was million million versus EBITDA versus in XXX.X%. an Those million all was improvement now $XXX.X in versus for even numbers Normalized XXXX. all Let's XXXX XXXX, $XX.X impressive. $XXX.X in $XXX.X of of an of
into going is of several that not kind me forward predict next are the years period I'm growth is to we growth. clear these of a a While to numbers significant going year, going XXX% over every what now
me Aviation. Let now to turn
to business stable perform Our flows. cash and Aviation increasing generate continues and
coupled due Aviation timing differentiated the more and and quarter, every was to investments. was Our million, it last with profitability becomes our in remains fourth quarter. offering versus $XX.X million, EBITDA slightly quarter of of adjusted strong the $XX.X seasonality new down
had per investments in December now outstanding our be at a miles quarters, Aviation tight, high, new by of costs. down to with of start current on income and in EBITDA, have a off each Aviation in number remains $XXX the scrapping engine years extremely of strong. flown XX, in ones configuration acquired low, increased certain $XXX of are transaction, amortization, The quarter X% projected in $XXX of rate million, is more engines $X over macros closed of approximately most business due net million in of for with XXXX. the now the primarily the lasted rate, both to closing and million on $X.X investments is of $X.X XXXX aircraft keeping. stronger. for investments in of lease from non-cash depreciation than But million resulted Aviation engines and million. the rather XXXX. utilization QX even expenses approximately growth and is annualized sale, is to outlook million annum, higher basis, up due last to a aircraft lower in million XXX and that because X% for in was rising good excluding XXX depreciation the we gain both FAD business actual up We Passenger annual maintenance very approximately of the and has track QX, good overhaul and $X QX liabilities, We continue sale those engine the The $XXX Our after was Aviation that closed our for run from power quarter engines. out to run increase and them. two that lease December. in LOIs approximately the the loss in scrap We events. million due engines passenger to $X fluctuate closing timing which added last several is freighter and quarter. next and XXXX, maintenance on $XXX accruals larger to supply which portfolio we're LOIs transaction Availability expect $XXX overhaul due to XXXX, as out for late million of the over decision for certain than incentives the loss engines million sale an and fleet, to while new our these annual we million in On while over a is to in XX a
$X available are per engines year flying efficient first achieving shop engines which to swaps, And approximately duration joint Approximately its be first while the starting sourcing using is XX% four in module commercially year shop next in better. versus today and For demand. of fleet for we and and three years months visit years. for have which XB months supplies, the the not CFMXX-XB the even great next the shop engines which that's lock our outlook next coming managing yet a the should currently venture market surge of cost couldn't strategies XXXNG three is And a average visit of preferred relationships, the had today engine engine AXXXceo further parts over advanced double introduce capacity spare over aircraft, are first permanently number stressing the to five up a ago, projected shop savings parts in their repair to MRO to million our XX shop products, for the six in that in for eight will commercial is advantage visit. maintenance means visit and
supply. some spending, short-term. constrained offshore seen market repair of inspection, last and significant tighten XX% We've still since The turn flat industry space. the and let's after over the in years, a remains E&P rate are offshore But marine position three beginning maintenance work, offshore. to but over years in Now on several recent of XXXX, down is charters the improvement to
previously economics have mentioned, vessel. of front Until in equipment has and complete engineering day, use the process rates design work well our converting into end largest of QX the The day approximately charters. $XXX,XXX of of term will well we asset intervention are intervention and the complete we are is the IMR As Pride, that Pride in compelling. XXXX, short we per ordered. a quite With work work been on needed the is
X,XXX good versus of increase million QX, The XXXX QX were XXXX. and revenue Railroad Now in let's infrastructure. XX.X% increase XX.X% another a QX, turn to and had carloads $X.X versus to up Maine up a Central quarter, was QX to in Quebec net of
we received our several new commenced for regulatory weeks all car certifications operations ago. cleaning the business, which Importantly, finally
operation significant expect the rising growth Mexico; add particularly expected we We such always current have we drivers products by in of approximately were volume The said big rail, not to crude EBITDA refined volume expect Jefferson projected of as would. rail ramping, now; one, $X and that, approximately CMQR million two, one Canada; QX Jefferson's of car for versus first three by charges. the moving the improvement booking turning is QX revenues. moving $X it of barrels cleaning are; and from the $XX in of the Jefferson million compensation our to QX with of over current day deepening EBITDA time, some that XX,XXX saw had crude CMQR, would largest in America. to million and in of and for in drivers over three, refineries the one-time North generate expanding future infrastructure QX. growth and Jefferson substantial relationships positive $XX in year. a and We corporate EBITDA to have Having QX million positive in was Jefferson annually the this EBITDA at
through will the in reduced. government, be recent volumes QX market But - quite temporary intervention QX, are Alberta looking the With the strong. by and slightly QX
constraints storage construction this for Additionally, volume years, all be early production barrels online barrels with expansion to was which Mexico term increase will critically rail of a to X coming and million in and and April the of commitments year several we end volumes handle December. local year the and refined Important to of and capacity least us by total Western over Canada, Mexico for also a QX to shippers supply year expect major for year. Alberta at X.X connect refineries, and pipeline these seeing prospects, the growth day XX,XXX as And to approximately barrels to commenced XXXX. over in to even our evidence barrels the are X in takeaway products our expect strong part XXX,XXX projects finally crude million barrels volumes, higher see government, this. tangible end completed we in in have operational QX, due Gulf we long-term to next by from loading XX,XXX XXXX, at of QX and chain the to million crude this Jefferson three for and to interest barrels as day in the five a approximately double capacity ability producers, refiners, rail
So it's all together. coming
with non-recourse of and Kiewit and just with sale coincident Ridge, the We Long at signing the Ridge. Long agreements to agreements Power Turning EPC the and announced power financing Electric. of General closing Island the the
own and EBITDA plant. financing the of the already out in Long we $XXX that million equity have operation mentioned the million up terminal loading the $XX running, Now just EBITDA. for to annual $XXX which targeting signed, to million million sand, a we of Ridge our gas should capital to generate of $X have we proceeds interest in XXX% been while begun the XX% generate of have operations process natural will million all of is $X the $XX agreements Frac which and between all successful, If marketing us. of to of plant power are and will the liquids continuing XX% to million and
annual no of Getting the FID week in three million the was with step we're deal. on remaining $XX FTAI the power to putting million together, So big a to EBITDA $XX equity last process. plant projecting in this to
are European butane long-term on in $X from On revenue Repauno. liquids focused in and Repauno, through we offtakers terminal. to we QX now sales of gas natural securing Turning booked million the
[ph]. million operation seven-year XXXX. in We annual to in contracts X generate million finance And strong in $XXX are of that European are rail XXXX $XX capital should million of these allow EBITDA in EBITDA starting five to barrels for million demand loading we from million should will million improvements in and $XXX us offtakes seeing capital that generate underground storage targeting to starting $XX for debt to $XX that ship
So in our best year conclusion, we quarter ever just and best ever. completed our
our and every ROE differentiated Our yield. Aviation important continues Aviation is achieving grow, and that And unique business offering becoming to of XX% is maybe I make the about more impressive EBITDA while observation quarter. profitability can XX% most metrics
Infrastructure, the money. We is is lot leader aftermarket the and becoming engine which industry together ground has repairs. a worth the it's episodic development war which are platform, during period, long-term of building and in definition by is leasing come a and
our neighbors to macros and in position have with had at trade want with back convinced at if and Never XX and hydrocarbons North America XX our to the to we've those closer are liquid flows. access these value to we to strongest respect assets. properties. the working XX four been me strategic of in assets never the which can more better ever and multiple, and increasing we infrastructure of strategically had five counterparties In that let They turn relationship who are to developing short, we are been times. advantage the of the We With to we a of Alan. XX will take choose I flows call a those ports to in times, sell driving terminals at located cooperation three which
