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  "documentTitle": "FTAI Aviation, Ltd. (FTAI)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Muddy Waters Research",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2025-01-15 00:00:00",
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  "notes": "Uses LinkedIn post and database reports as evidence of a potential fraudulent or circular transaction.",
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      "kind": "image",
      "text": "LinkedIn post from Setna iO regarding the purchase of 2x Airbus A320-200 aircraft.",
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      "kind": "paragraph",
      "text": "In addition to Cirium, MW confirmed the existence and counterparties of this transaction with another leading aerospace database provider.",
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      "kind": "paragraph",
      "text": "Per Cirium (in its public communications)¹: Setna iO purchased two A320s on lease with GlobalX from FTAI Aviation.",
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      "kind": "source-note",
      "text": "1 Link to Cirium communications. 2 Link to LinkedIn Post. Despite the same surname, we do not believe that Hunter Edens is related to Wes Edens, Founder of Fortress.",
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      "kind": "title",
      "text": "If FTAI had really sold these two on-lease aircraft in 2023, how could FTAI sell them again to Setna iO in June 2024?",
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      "kind": "title",
      "text": "In June 2024 Two Major Aerospace Databases Picked Up This Transaction Between Setna iO, the Subsequent Bonafide Buyer, and FTAI",
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