<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0000939713</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001590364</issuerCik>
      <issuerName>FTAI Aviation Ltd.</issuerName>
      <secFileNumber>001-37386</secFileNumber>
      <issuerAddress>
        <com:street1>405 WEST 13TH STREET</com:street1>
        <com:street2>3RD FLOOR</com:street2>
        <com:city>NEW YORK</com:city>
        <com:stateOrCountry>NY</com:stateOrCountry>
        <com:zipCode>10014</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>(332) 239-7600</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>TUCHMAN MARTIN</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Ordinary</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Wells Fargo Clearing Services</name>
        <address>
          <com:street1>1 North Jefferson Avenue</com:street1>
          <com:city>St. Louis</com:city>
          <com:stateOrCountry>MO</com:stateOrCountry>
          <com:zipCode>63103</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>43176</noOfUnitsSold>
      <aggregateMarketValue>10388441.41</aggregateMarketValue>
      <noOfUnitsOutstanding>102582972</noOfUnitsOutstanding>
      <approxSaleDate>05/04/2026</approxSaleDate>
      <securitiesExchangeName>Nasdaq</securitiesExchangeName>
    </securitiesInformation>
    <securitiesInformation>
      <securitiesClassTitle>Ordinary</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Wells Fargo Clearing Services</name>
        <address>
          <com:street1>1 North Jefferson Avenue</com:street1>
          <com:city>St. Louis</com:city>
          <com:stateOrCountry>MO</com:stateOrCountry>
          <com:zipCode>63103</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>67500</noOfUnitsSold>
      <aggregateMarketValue>16332085.64</aggregateMarketValue>
      <noOfUnitsOutstanding>102582972</noOfUnitsOutstanding>
      <approxSaleDate>05/04/2026</approxSaleDate>
      <securitiesExchangeName>Nasdaq</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Ordinary</securitiesClassTitle>
      <acquiredDate>11/06/2015</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market Purchase</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Open Market</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>43176</amountOfSecuritiesAcquired>
      <paymentDate>11/06/2015</paymentDate>
      <natureOfPayment>cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Ordinary</securitiesClassTitle>
      <acquiredDate>11/20/2020</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market Purchase</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Open Market</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>67500</amountOfSecuritiesAcquired>
      <paymentDate>11/20/2020</paymentDate>
      <natureOfPayment>cash</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Martin Tuchman</name>
        <address>
          <com:street1>405 West 13th Street</com:street1>
          <com:street2>3rd Floor</com:street2>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10014</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>FTAI Aviation Ltd.</securitiesClassTitle>
      <saleDate>05/01/2026</saleDate>
      <amountOfSecuritiesSold>143584</amountOfSecuritiesSold>
      <grossProceeds>34803645.86</grossProceeds>
    </securitiesSoldInPast3Months>
    <remarks>The 43,176 shares sold today were purchased in the open market from 11/06/2015 to 05/05/2025. The 67,500 shares sold today were sold in an account for The Tuchman Foundation, Inc., Martin Tuchman is an officer of the foundation.</remarks>
    <noticeSignature>
      <noticeDate>05/04/2026</noticeDate>
      <signature>Martin Tuchman</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
