 NEW YORK, Dec. 03, 2020 GLOBE NEWSWIRE -- Fortress Transportation and Infrastructure Investors LLC NYSE: FTAI announced an agreement with AAR CORP. NYSE: AIR to create Serviceable Engine Products, an exclusive seven-year CFM56 used serviceable material USM partnership. The partnership will build USM inventory for the global aviation aftermarket and FTAIs own consumption at The Module FactoryTM, a dedicated commercial maintenance center focused on modular repair and refurbishment of CFM56-7B and CFM56-5B engines. Through its worldwide network, AAR will manage the teardown, repair, marketing and sales of spare parts from FTAIs CFM56 engine pool totaling over 200 engines and growing. 