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  <xs:element id="ftai_NetCashUsedInOperatingActivitiesRelatedToManufacturingModulesAndParts" abstract="false" name="NetCashUsedInOperatingActivitiesRelatedToManufacturingModulesAndParts" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_NetCashProvidedByOperatingActivitiesRelatedAssetsSoldSourcedFromLeasingEquipment" abstract="false" name="NetCashProvidedByOperatingActivitiesRelatedAssetsSoldSourcedFromLeasingEquipment" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_NetCashProvidedByOperatingActivitiesRelatedSaleOfLeasingEquipmentIncludingComponentsSourcedFromInventory" abstract="false" name="NetCashProvidedByOperatingActivitiesRelatedSaleOfLeasingEquipmentIncludingComponentsSourcedFromInventory" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_NetCashProvidedByOperatingActivitiesRelatedToPaymentsForEngineAndAircraftInventory" abstract="false" name="NetCashProvidedByOperatingActivitiesRelatedToPaymentsForEngineAndAircraftInventory" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_LeasingEquipmentMember" abstract="true" name="LeasingEquipmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_AdvancedEngineRepairJVMember" abstract="true" name="AdvancedEngineRepairJVMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_A2025PartnershipMember" abstract="true" name="A2025PartnershipMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_EquityMethodInvestmentContributionAmount" abstract="false" name="EquityMethodInvestmentContributionAmount" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_AmortizationofLeaseIntangibleAssetsandLiabilitiesNet" abstract="false" name="AmortizationofLeaseIntangibleAssetsandLiabilitiesNet" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_AmortizationofIntangibleAssetsandLiabilitiesNet" abstract="false" name="AmortizationofIntangibleAssetsandLiabilitiesNet" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_FiniteLivedIntangibleAssetAndLiabilitiesExpectedAmortizationRemainderOfFiscalYear" abstract="false" name="FiniteLivedIntangibleAssetAndLiabilitiesExpectedAmortizationRemainderOfFiscalYear" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_FiniteLivedIntangibleAssetAndLiabilitiesExpectedAmortizationYearOne" abstract="false" name="FiniteLivedIntangibleAssetAndLiabilitiesExpectedAmortizationYearOne" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_FiniteLivedIntangibleAssetAndLiabilitiesExpectedAmortizationYearTwo" abstract="false" name="FiniteLivedIntangibleAssetAndLiabilitiesExpectedAmortizationYearTwo" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_FiniteLivedIntangibleAssetAndLiabilitiesExpectedAmortizationYearThree" abstract="false" name="FiniteLivedIntangibleAssetAndLiabilitiesExpectedAmortizationYearThree" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_FiniteLivedIntangibleAssetAndLiabilitiesExpectedAmortizationYearFour" abstract="false" name="FiniteLivedIntangibleAssetAndLiabilitiesExpectedAmortizationYearFour" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_FiniteLivedIntangibleAssetAndLiabilitiesExpectedAmortizationAfterYearFour" abstract="false" name="FiniteLivedIntangibleAssetAndLiabilitiesExpectedAmortizationAfterYearFour" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_FiniteLivedIntangibleAssetsAndLiabilitiesNet" abstract="false" name="FiniteLivedIntangibleAssetsAndLiabilitiesNet" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_AdjustedTermSOFRRateMember" abstract="true" name="AdjustedTermSOFRRateMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_SeniorNotesDue2028Member" abstract="true" name="SeniorNotesDue2028Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_SeniorNotesDue2030Member" abstract="true" name="SeniorNotesDue2030Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_SeniorNotesDue2031Member" abstract="true" name="SeniorNotesDue2031Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_SeniorNotesDue2032Member" abstract="true" name="SeniorNotesDue2032Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_SeniorNotesDue2033Member" abstract="true" name="SeniorNotesDue2033Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_GuarantorObligationsLeaseTerm" abstract="false" name="GuarantorObligationsLeaseTerm" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="ftai_IncentivePlanMember" abstract="true" name="IncentivePlanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_OfficersAndEmployeesMember" abstract="true" name="OfficersAndEmployeesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantedInPeriodFairValue" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantedInPeriodFairValue" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_ShareBasedCompensationArrangementByShareBasedPaymentAwardTotalShareholderReturnPercentage" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardTotalShareholderReturnPercentage" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="ftai_ShareBasedCompensationArrangementByShareBasedPaymentAwardCumulativeDilutiveEPSPercentage" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardCumulativeDilutiveEPSPercentage" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="ftai_UnitedStatesFederalMember" abstract="true" name="UnitedStatesFederalMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_UnitedStatesStateAndLocalMember" abstract="true" name="UnitedStatesStateAndLocalMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_FormerManagerMember" abstract="true" name="FormerManagerMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_AircraftSaleAndPurchaseAgreementsMember" abstract="true" name="AircraftSaleAndPurchaseAgreementsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_IncomeIncentiveAllocationMember" abstract="true" name="IncomeIncentiveAllocationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_IncomeIncentiveAllocationThresholdAxis" abstract="true" name="IncomeIncentiveAllocationThresholdAxis" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrldt:dimensionItem" type="xbrli:stringItemType"/>
  <xs:element id="ftai_IncomeIncentiveAllocationThresholdDomain" abstract="true" name="IncomeIncentiveAllocationThresholdDomain" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Threshold1Member" abstract="true" name="Threshold1Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Threshold2Member" abstract="true" name="Threshold2Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Threshold3Member" abstract="true" name="Threshold3Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_NumberOfAircraftsCommittedToBeSold" abstract="false" name="NumberOfAircraftsCommittedToBeSold" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="ftai_PurchaseAgreementPurchasePrice" abstract="false" name="PurchaseAgreementPurchasePrice" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_PaymentToPurchasePartnershipInterestInternalizationAgreement" abstract="false" name="PaymentToPurchasePartnershipInterestInternalizationAgreement" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_TransitionServicesAgreementServiceFeeMarkupPercent" abstract="false" name="TransitionServicesAgreementServiceFeeMarkupPercent" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_OwnershipPercentagebyManager" abstract="false" name="OwnershipPercentagebyManager" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_RelatedPartyTransactionManagementFeePercentFee" abstract="false" name="RelatedPartyTransactionManagementFeePercentFee" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_RelatedPartyTransactionIncomeIncentiveAllocationPercentofPreincentiveAllocationNetIncome" abstract="false" name="RelatedPartyTransactionIncomeIncentiveAllocationPercentofPreincentiveAllocationNetIncome" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_RelatedPartyTransactionIncomeIncentiveAllocationQuarterlyPercentThresholdofPreIncentiveAllocationNetIncome" abstract="false" name="RelatedPartyTransactionIncomeIncentiveAllocationQuarterlyPercentThresholdofPreIncentiveAllocationNetIncome" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_RelatedPartyTransactionIncomeIncentiveAllocationAnnualPercentThresholdofPreIncentiveAllocationNetIncome" abstract="false" name="RelatedPartyTransactionIncomeIncentiveAllocationAnnualPercentThresholdofPreIncentiveAllocationNetIncome" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_IncentiveDistributionPercentage" abstract="false" name="IncentiveDistributionPercentage" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_AviationLeasingSegmentMember" abstract="true" name="AviationLeasingSegmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_EquipmentLeasingMember" abstract="true" name="EquipmentLeasingMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_LessorOperatingLeasePaymentToBeReceivedAfterYearFour" abstract="false" name="LessorOperatingLeasePaymentToBeReceivedAfterYearFour" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_A8.00FixedToFloatingRateSeriesBCumulativePerpetualRedeemableMember" abstract="true" name="A8.00FixedToFloatingRateSeriesBCumulativePerpetualRedeemableMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_PreferredStockAccumulatedAndUnpaidDistributions" abstract="false" name="PreferredStockAccumulatedAndUnpaidDistributions" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
</xs:schema>
