{
  "docId": "019dd923-622c-750b-8b97-ab751b539f2e",
  "docSlug": "fc796e5c732c",
  "documentTitle": "FTAI Aviation, Ltd. (FTAI)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Muddy Waters Research",
  "documentKindSlug": "research-note",
  "documentKindLabel": "Research note",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2025-03-03 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 8,
  "pageCount": 19,
  "prevPage": 7,
  "nextPage": 9,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "balanced",
  "nDataPoints": 0,
  "notes": "Uses visual callout/magnification to prove a point.",
  "elementsJson": [
    "headline_text",
    "screenshot",
    "paragraph",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b97-ab751b539f2e/8",
  "deckHref": "/decks/019dd923-622c-750b-8b97-ab751b539f2e",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b97-ab751b539f2e.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b97-ab751b539f2e#slide-8",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "The FTAI Aviation branded box is clearly visible on the shop floor.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-78b7-702e-9633-0d25395506a7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.8,
        "w": 0.45,
        "x": 0.08,
        "y": 0.26
      },
      "kind": "image",
      "text": "Original photo of engine and box",
      "attrs": null,
      "subkind": "photo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "687781bb-5747-48d3-90b6-4fedf0cbdc2a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.35,
        "x": 0.58,
        "y": 0.43
      },
      "kind": "image",
      "text": "Zoomed in crop of the box",
      "attrs": null,
      "subkind": "photo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a81b292c-ff1f-4ecd-896a-16831dfa4a11",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.4,
        "x": 0.52,
        "y": 0.28
      },
      "kind": "paragraph",
      "text": "The FTAI Aviation branded box is clearly visible on the shop floor.2",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "939b5da3-63e7-43e0-a4fa-31aea40ac295",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.45,
        "x": 0.51,
        "y": 0.88
      },
      "kind": "source-note",
      "text": "2 Based on the size and proportions of the box, we believe this is likely for an LPT module.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0f852749-704e-4c3f-a984-25973fc9f079",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.4,
        "x": 0.03,
        "y": 0.88
      },
      "kind": "source-note",
      "text": "1 https://www.linkedin.com/in/ashkan-ahmadi-8a9415a8/?originalSubdomain=ir",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a2948d4f-61de-4fc8-9533-59e19938a892",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.7,
        "x": 0.04,
        "y": 0.07
      },
      "kind": "title",
      "text": "Zooming In on the Prior Image 1 Leaves No Doubt",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b6f431ea-0098-42f2-a49b-d5d3d79ed7c6",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 14,
      "from": 8,
      "beatId": "75a571d1-9992-45f6-ae07-26512379edfe",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "The Struggle",
      "beatSlug": "overcoming-monster-the-struggle",
      "evidence": "Further evidence and geographic clues are presented to support the claim.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Development",
      "parentBeatSlug": "development"
    }
  ],
  "loops": [
    {
      "to": 10,
      "from": 8,
      "name": "Zoom In",
      "slug": "06-zoom-in",
      "bestFor": "Technical deep-dives, case studies, detailed analysis",
      "matchId": "66a2cb5f-387d-4dc1-8da1-fb76c251c4a9",
      "evidence": "The zooming in on images provides clear visual evidence.",
      "position": 1,
      "objective": "Provide detailed evidence of FTAI product in Iran",
      "structure": "The Big Picture -> Key Area of Focus -> Specific Detail -> Implication",
      "confidence": 0.7,
      "description": "Start broad, then progressively focus on specific details that prove your point"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}