| | | | | |
| Entity Name | State of Incorporation/Formation |
| FTAI Aviation Ltd. | Cayman Islands |
| Fortress Transportation and Infrastructure Investors LLC | Delaware, USA |
| FTAI Aviation Holdco Ltd. | Cayman Islands |
| AirOpCo 1ET Bermuda Ltd. | Bermuda |
| AirOpCo 2 UZ Ireland DAC | Ireland |
| AirOpCo I SD Ireland DAC | Ireland |
| AirOpCo II KO Ireland DAC | Ireland |
| AirOpCo II ME Ireland DAC | Ireland |
| Falcon MSN 177 LLC (50% ownership) | Delaware, USA |
| FTAI AirOpCo UK Ltd. | England and Wales |
| FTAI Aviation Canada LLC | Delaware, USA |
| FTAI Aviation Canada ULC | Canada |
| FTAI Aviation LLC | Delaware, USA |
| FTAI Avion DAC | Ireland |
| FTAI CHR JV Holdings LLC | Delaware, USA |
| FTAI Finance JV L.P. | Delaware, USA |
| FTAI Finance JV Parent LLC | Delaware, USA |
| FTAI IES Pioneer Ltd. | Malaysia |
| FTAI Irish Finco DAC | Ireland |
| FTAI Italia DAC | Ireland |
| FTAI Ocean LLC | Marshall Islands |
| FTAI Ocean Pty Ltd. | Australia |
| FTAI Offshore Holdco LLC | Delaware, USA |
| FTAI Offshore Holdings L.P. | Cayman Islands |
| FTAI Offshore Pte Ltd. | Singapore |
| FTAI Pioneer Malaysia Shareholder LLC | Delaware, USA |
| FTAI Pioneer Marshall LLC | Marshall Islands |
| FTAI Pioneer MI LLC | Marshall Islands |
| FTAI Pioneer SDN Bhd | Malaysia |
| FTAI Pioneer Singapore Pte Ltd. | Singapore |
| FTAI Pride Chartering LLC | Marshall Islands |
| FTAI Pride Labuan Ltd. | Malaysia |
| FTAI Pride LLC | Marshall Islands |
| FTAI Pride Malaysia SDN BHD | Malaysia |
| FTAI Subsea 88 Ltd. | Bermuda |
| High Turbine Technologies LLC | Delaware, USA |
| La Victoire Holdings Sarl | France |
| Quick Turn Engine Center LLC | Delaware, USA |
| WWTAI AirOpCo 1 USA Sub LLC | Delaware, USA |
| WWTAI AirOpCo 1 Bermuda Ltd. | Bermuda |
| WWTAI AirOpCo 2 Bermuda Ltd. | Bermuda |
| WWTAI AirOpCo 2 USA LLC | Delaware, USA |
| WWTAI AirOpCo BPA Ireland Limited | Ireland |
| WWTAI AirOpCo I USA LLC | Delaware, USA |
| WWTAI AirOpco II DAC | Ireland |
| WWTAI AirOpCo Malta Limited | Malta |
| WWTAI Aviation LLC | Delaware, USA |