<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2026 Workiva-->
<!--r:cce72353-826c-4e2a-b426-ebd8f27e0e6b,g:c80dbb05-7e22-4798-9dc8-374efa05d18e-->
<xs:schema xmlns:xs="http://www.w3.org/2001/XMLSchema" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:ftai="http://www.ftandi.com/20251231" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2024-01-31" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" attributeFormDefault="unqualified" elementFormDefault="qualified" targetNamespace="http://www.ftandi.com/20251231">
  <xs:import namespace="http://fasb.org/srt/2025" schemaLocation="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd"/>
  <xs:import namespace="http://fasb.org/us-gaap/2025" schemaLocation="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/dtr/type/2024-01-31" schemaLocation="https://www.xbrl.org/dtr/type/2024-01-31/types.xsd"/>
  <xs:import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/country/2025" schemaLocation="https://xbrl.sec.gov/country/2025/country-2025.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/cyd-af-sub/2025" schemaLocation="https://xbrl.sec.gov/cyd/2025/cyd-af-sub-2025.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/dei/2025" schemaLocation="https://xbrl.sec.gov/dei/2025/dei-2025.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/ecd/2025" schemaLocation="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/sic/2025" schemaLocation="https://xbrl.sec.gov/sic/2025/sic-2025.xsd"/>
  <xs:annotation>
    <xs:appinfo>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="ftai-20251231_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="ftai-20251231_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="ftai-20251231_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="ftai-20251231_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:type="simple"/>
      <link:roleType id="Coverpage" roleURI="http://www.ftandi.com/role/Coverpage">
        <link:definition>0000001 - Document - Cover page</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDANDCOMBINEDCONSOLIDATEDBALANCESHEETS" roleURI="http://www.ftandi.com/role/CONSOLIDATEDANDCOMBINEDCONSOLIDATEDBALANCESHEETS">
        <link:definition>9952151 - Statement - CONSOLIDATED AND COMBINED CONSOLIDATED BALANCE SHEETS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDANDCOMBINEDCONSOLIDATEDBALANCESHEETSParentheticals" roleURI="http://www.ftandi.com/role/CONSOLIDATEDANDCOMBINEDCONSOLIDATEDBALANCESHEETSParentheticals">
        <link:definition>9952152 - Statement - CONSOLIDATED AND COMBINED CONSOLIDATED BALANCE SHEETS (Parentheticals)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDANDCOMBINEDCONSOLIDATEDSTATEMENTSOFOPERATIONS" roleURI="http://www.ftandi.com/role/CONSOLIDATEDANDCOMBINEDCONSOLIDATEDSTATEMENTSOFOPERATIONS">
        <link:definition>9952153 - Statement - CONSOLIDATED AND COMBINED CONSOLIDATED STATEMENTS OF OPERATIONS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDANDCOMBINEDCONSOLIDATEDSTATEMENTSOFCOMPREHENSIVELOSS" roleURI="http://www.ftandi.com/role/CONSOLIDATEDANDCOMBINEDCONSOLIDATEDSTATEMENTSOFCOMPREHENSIVELOSS">
        <link:definition>9952154 - Statement - CONSOLIDATED AND COMBINED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDANDCOMBINEDCONSOLIDATEDSTATEMENTSOFCOMPREHENSIVELOSSParenthetical" roleURI="http://www.ftandi.com/role/CONSOLIDATEDANDCOMBINEDCONSOLIDATEDSTATEMENTSOFCOMPREHENSIVELOSSParenthetical">
        <link:definition>9952155 - Statement - CONSOLIDATED AND COMBINED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (Parenthetical)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDANDCOMBINEDCONSOLIDATEDSTATEMENTOFCHANGESINEQUITY" roleURI="http://www.ftandi.com/role/CONSOLIDATEDANDCOMBINEDCONSOLIDATEDSTATEMENTOFCHANGESINEQUITY">
        <link:definition>9952156 - Statement - CONSOLIDATED AND COMBINED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDANDCOMBINEDCONSOLIDATEDSTATEMENTSOFCASHFLOWS" roleURI="http://www.ftandi.com/role/CONSOLIDATEDANDCOMBINEDCONSOLIDATEDSTATEMENTSOFCASHFLOWS">
        <link:definition>9952157 - Statement - CONSOLIDATED AND COMBINED CONSOLIDATED STATEMENTS OF CASH FLOWS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ORGANIZATION" roleURI="http://www.ftandi.com/role/ORGANIZATION">
        <link:definition>9952158 - Disclosure - ORGANIZATION</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BASISOFPRESENTATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIES" roleURI="http://www.ftandi.com/role/BASISOFPRESENTATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIES">
        <link:definition>9952159 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACQUISITIONOFSUBSIDIARIES" roleURI="http://www.ftandi.com/role/ACQUISITIONOFSUBSIDIARIES">
        <link:definition>9952160 - Disclosure - ACQUISITION OF SUBSIDIARIES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASINGEQUIPMENTNET" roleURI="http://www.ftandi.com/role/LEASINGEQUIPMENTNET">
        <link:definition>9952161 - Disclosure - LEASING EQUIPMENT, NET</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PROPERTYPLANTANDEQUIPMENTNET" roleURI="http://www.ftandi.com/role/PROPERTYPLANTANDEQUIPMENTNET">
        <link:definition>9952162 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, NET</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INVESTMENTS" roleURI="http://www.ftandi.com/role/INVESTMENTS">
        <link:definition>9952163 - Disclosure - INVESTMENTS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INTANGIBLEASSETSNET" roleURI="http://www.ftandi.com/role/INTANGIBLEASSETSNET">
        <link:definition>9952164 - Disclosure - INTANGIBLE ASSETS, NET</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DEBTNET" roleURI="http://www.ftandi.com/role/DEBTNET">
        <link:definition>9952165 - Disclosure - DEBT, NET</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FAIRVALUEMEASUREMENTS" roleURI="http://www.ftandi.com/role/FAIRVALUEMEASUREMENTS">
        <link:definition>9952166 - Disclosure - FAIR VALUE MEASUREMENTS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTS" roleURI="http://www.ftandi.com/role/DERIVATIVEFINANCIALINSTRUMENTS">
        <link:definition>9952167 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="REVENUES" roleURI="http://www.ftandi.com/role/REVENUES">
        <link:definition>9952168 - Disclosure - REVENUES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASES" roleURI="http://www.ftandi.com/role/LEASES">
        <link:definition>9952169 - Disclosure - LEASES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EQUITYBASEDCOMPENSATION" roleURI="http://www.ftandi.com/role/EQUITYBASEDCOMPENSATION">
        <link:definition>9952170 - Disclosure - EQUITY-BASED COMPENSATION</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RETIREMENTBENEFITPLANS" roleURI="http://www.ftandi.com/role/RETIREMENTBENEFITPLANS">
        <link:definition>9952171 - Disclosure - RETIREMENT BENEFIT PLANS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXES" roleURI="http://www.ftandi.com/role/INCOMETAXES">
        <link:definition>9952172 - Disclosure - INCOME TAXES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="MANAGEMENTAGREEMENTANDAFFILIATETRANSACTIONS" roleURI="http://www.ftandi.com/role/MANAGEMENTAGREEMENTANDAFFILIATETRANSACTIONS">
        <link:definition>9952173 - Disclosure - MANAGEMENT AGREEMENT AND AFFILIATE TRANSACTIONS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SEGMENTINFORMATION" roleURI="http://www.ftandi.com/role/SEGMENTINFORMATION">
        <link:definition>9952174 - Disclosure - SEGMENT INFORMATION</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="REDEEMABLEPREFERREDSTOCK" roleURI="http://www.ftandi.com/role/REDEEMABLEPREFERREDSTOCK">
        <link:definition>9952175 - Disclosure - REDEEMABLE PREFERRED STOCK</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EARNINGSPERSHAREANDEQUITY" roleURI="http://www.ftandi.com/role/EARNINGSPERSHAREANDEQUITY">
        <link:definition>9952176 - Disclosure - EARNINGS PER SHARE AND EQUITY</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="COMMITMENTSANDCONTINGENCIES" roleURI="http://www.ftandi.com/role/COMMITMENTSANDCONTINGENCIES">
        <link:definition>9952177 - Disclosure - COMMITMENTS AND CONTINGENCIES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SUBSEQUENTEVENTS" roleURI="http://www.ftandi.com/role/SUBSEQUENTEVENTS">
        <link:definition>9952178 - Disclosure - SUBSEQUENT EVENTS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BASISOFPRESENTATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESPolicies" roleURI="http://www.ftandi.com/role/BASISOFPRESENTATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESPolicies">
        <link:definition>9955511 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACQUISITIONOFSUBSIDIARIESTables" roleURI="http://www.ftandi.com/role/ACQUISITIONOFSUBSIDIARIESTables">
        <link:definition>9955512 - Disclosure - ACQUISITION OF SUBSIDIARIES (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASINGEQUIPMENTNETTables" roleURI="http://www.ftandi.com/role/LEASINGEQUIPMENTNETTables">
        <link:definition>9955513 - Disclosure - LEASING EQUIPMENT, NET (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PROPERTYPLANTANDEQUIPMENTNETTables" roleURI="http://www.ftandi.com/role/PROPERTYPLANTANDEQUIPMENTNETTables">
        <link:definition>9955514 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, NET (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INVESTMENTSTables" roleURI="http://www.ftandi.com/role/INVESTMENTSTables">
        <link:definition>9955515 - Disclosure - INVESTMENTS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INTANGIBLEASSETSNETTables" roleURI="http://www.ftandi.com/role/INTANGIBLEASSETSNETTables">
        <link:definition>9955516 - Disclosure - INTANGIBLE ASSETS, NET (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DEBTNETTables" roleURI="http://www.ftandi.com/role/DEBTNETTables">
        <link:definition>9955517 - Disclosure - DEBT, NET (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FAIRVALUEMEASUREMENTSTables" roleURI="http://www.ftandi.com/role/FAIRVALUEMEASUREMENTSTables">
        <link:definition>9955518 - Disclosure - FAIR VALUE MEASUREMENTS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTSTables" roleURI="http://www.ftandi.com/role/DERIVATIVEFINANCIALINSTRUMENTSTables">
        <link:definition>9955519 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="REVENUESTables" roleURI="http://www.ftandi.com/role/REVENUESTables">
        <link:definition>9955520 - Disclosure - REVENUES (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASESTables" roleURI="http://www.ftandi.com/role/LEASESTables">
        <link:definition>9955521 - Disclosure - LEASES (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EQUITYBASEDCOMPENSATIONTables" roleURI="http://www.ftandi.com/role/EQUITYBASEDCOMPENSATIONTables">
        <link:definition>9955522 - Disclosure - EQUITY-BASED COMPENSATION (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RETIREMENTBENEFITPLANSTables" roleURI="http://www.ftandi.com/role/RETIREMENTBENEFITPLANSTables">
        <link:definition>9955523 - Disclosure - RETIREMENT BENEFIT PLANS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESTables" roleURI="http://www.ftandi.com/role/INCOMETAXESTables">
        <link:definition>9955524 - Disclosure - INCOME TAXES (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="MANAGEMENTAGREEMENTANDAFFILIATETRANSACTIONSTables" roleURI="http://www.ftandi.com/role/MANAGEMENTAGREEMENTANDAFFILIATETRANSACTIONSTables">
        <link:definition>9955525 - Disclosure - MANAGEMENT AGREEMENT AND AFFILIATE TRANSACTIONS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SEGMENTINFORMATIONTables" roleURI="http://www.ftandi.com/role/SEGMENTINFORMATIONTables">
        <link:definition>9955526 - Disclosure - SEGMENT INFORMATION (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EARNINGSPERSHAREANDEQUITYTables" roleURI="http://www.ftandi.com/role/EARNINGSPERSHAREANDEQUITYTables">
        <link:definition>9955527 - Disclosure - EARNINGS PER SHARE AND EQUITY (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ORGANIZATIONDetails" roleURI="http://www.ftandi.com/role/ORGANIZATIONDetails">
        <link:definition>9955528 - Disclosure - ORGANIZATION (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BASISOFPRESENTATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESNarrativeDetails" roleURI="http://www.ftandi.com/role/BASISOFPRESENTATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESNarrativeDetails">
        <link:definition>9955529 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BASISOFPRESENTATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESUsefulLifeDetails" roleURI="http://www.ftandi.com/role/BASISOFPRESENTATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESUsefulLifeDetails">
        <link:definition>9955530 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Useful Life (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACQUISITIONOFSUBSIDIARIESNarrativeDetails" roleURI="http://www.ftandi.com/role/ACQUISITIONOFSUBSIDIARIESNarrativeDetails">
        <link:definition>9955531 - Disclosure - ACQUISITION OF SUBSIDIARIES - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACQUISITIONOFSUBSIDIARIESScheduleofAssetsAcquiredandLiabilitiesAssumedDetails" roleURI="http://www.ftandi.com/role/ACQUISITIONOFSUBSIDIARIESScheduleofAssetsAcquiredandLiabilitiesAssumedDetails">
        <link:definition>9955532 - Disclosure - ACQUISITION OF SUBSIDIARIES - Schedule of Assets Acquired and Liabilities Assumed (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACQUISITIONOFSUBSIDIARIESIntangibleAssetsAcquiredDetails" roleURI="http://www.ftandi.com/role/ACQUISITIONOFSUBSIDIARIESIntangibleAssetsAcquiredDetails">
        <link:definition>9955533 - Disclosure - ACQUISITION OF SUBSIDIARIES - Intangible Assets Acquired (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACQUISITIONOFSUBSIDIARIESPropertyPlantandEquipmentAcquiredDetails" roleURI="http://www.ftandi.com/role/ACQUISITIONOFSUBSIDIARIESPropertyPlantandEquipmentAcquiredDetails">
        <link:definition>9955534 - Disclosure - ACQUISITION OF SUBSIDIARIES - Property, Plant, and Equipment Acquired (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACQUISITIONOFSUBSIDIARIESProFormaInformationDetails" roleURI="http://www.ftandi.com/role/ACQUISITIONOFSUBSIDIARIESProFormaInformationDetails">
        <link:definition>9955535 - Disclosure - ACQUISITION OF SUBSIDIARIES - Pro Forma Information (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASINGEQUIPMENTNETDetails" roleURI="http://www.ftandi.com/role/LEASINGEQUIPMENTNETDetails">
        <link:definition>9955536 - Disclosure - LEASING EQUIPMENT, NET (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PROPERTYPLANTANDEQUIPMENTNETDetails" roleURI="http://www.ftandi.com/role/PROPERTYPLANTANDEQUIPMENTNETDetails">
        <link:definition>9955537 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, NET (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PROPERTYPLANTANDEQUIPMENTNETNarrativeDetails" roleURI="http://www.ftandi.com/role/PROPERTYPLANTANDEQUIPMENTNETNarrativeDetails">
        <link:definition>9955538 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, NET - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INVESTMENTSOwnershipCarryingValuesDetails" roleURI="http://www.ftandi.com/role/INVESTMENTSOwnershipCarryingValuesDetails">
        <link:definition>9955539 - Disclosure - INVESTMENTS - Ownership Carrying Values (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INVESTMENTSEquityinlossesearningsDetails" roleURI="http://www.ftandi.com/role/INVESTMENTSEquityinlossesearningsDetails">
        <link:definition>9955540 - Disclosure - INVESTMENTS - Equity in (losses) earnings (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INVESTMENTSNarrativeDetails" roleURI="http://www.ftandi.com/role/INVESTMENTSNarrativeDetails">
        <link:definition>9955541 - Disclosure - INVESTMENTS - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INVESTMENTSEquityMethodInvestmentDetails" roleURI="http://www.ftandi.com/role/INVESTMENTSEquityMethodInvestmentDetails">
        <link:definition>9955542 - Disclosure - INVESTMENTS - Equity Method Investment (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INTANGIBLEASSETSNETSummarizedIntangibleAssetsandLiabilitiesDetails" roleURI="http://www.ftandi.com/role/INTANGIBLEASSETSNETSummarizedIntangibleAssetsandLiabilitiesDetails">
        <link:definition>9955543 - Disclosure - INTANGIBLE ASSETS, NET - Summarized Intangible Assets and Liabilities (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INTANGIBLEASSETSNETIntangibleLiabilitiesAmortizationDetails" roleURI="http://www.ftandi.com/role/INTANGIBLEASSETSNETIntangibleLiabilitiesAmortizationDetails">
        <link:definition>9955544 - Disclosure - INTANGIBLE ASSETS, NET - Intangible Liabilities Amortization (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INTANGIBLEASSETSNETScheduleofFutureAmortizationExpenseDetails" roleURI="http://www.ftandi.com/role/INTANGIBLEASSETSNETScheduleofFutureAmortizationExpenseDetails">
        <link:definition>9955545 - Disclosure - INTANGIBLE ASSETS, NET - Schedule of Future Amortization Expense (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DEBTNETScheduleofDebtDetails" roleURI="http://www.ftandi.com/role/DEBTNETScheduleofDebtDetails">
        <link:definition>9955546 - Disclosure - DEBT, NET - Schedule of Debt (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DEBTNETNarrativeDetails" roleURI="http://www.ftandi.com/role/DEBTNETNarrativeDetails">
        <link:definition>9955547 - Disclosure - DEBT, NET - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DEBTNETDebtMaturitiesDetails" roleURI="http://www.ftandi.com/role/DEBTNETDebtMaturitiesDetails">
        <link:definition>9955548 - Disclosure - DEBT, NET - Debt Maturities (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FAIRVALUEMEASUREMENTSFinancialAssetsMeasuredatFairValueonaRecurringBasisDetails" roleURI="http://www.ftandi.com/role/FAIRVALUEMEASUREMENTSFinancialAssetsMeasuredatFairValueonaRecurringBasisDetails">
        <link:definition>9955549 - Disclosure - FAIR VALUE MEASUREMENTS - Financial Assets Measured at Fair Value on a Recurring Basis (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FAIRVALUEMEASUREMENTSFairValuebyBalanceSheetGroupingDetails" roleURI="http://www.ftandi.com/role/FAIRVALUEMEASUREMENTSFairValuebyBalanceSheetGroupingDetails">
        <link:definition>9955550 - Disclosure - FAIR VALUE MEASUREMENTS - Fair Value by Balance Sheet Grouping (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FAIRVALUEMEASUREMENTSNarrativeDetails" roleURI="http://www.ftandi.com/role/FAIRVALUEMEASUREMENTSNarrativeDetails">
        <link:definition>9955551 - Disclosure - FAIR VALUE MEASUREMENTS - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTSScheduleofDerivativeInstrumentsDetails" roleURI="http://www.ftandi.com/role/DERIVATIVEFINANCIALINSTRUMENTSScheduleofDerivativeInstrumentsDetails">
        <link:definition>9955552 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Derivative Instruments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTSDerivativeGainLossDetails" roleURI="http://www.ftandi.com/role/DERIVATIVEFINANCIALINSTRUMENTSDerivativeGainLossDetails">
        <link:definition>9955553 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS (Derivative Gain (Loss)) (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTSDetailsNarrative" roleURI="http://www.ftandi.com/role/DERIVATIVEFINANCIALINSTRUMENTSDetailsNarrative">
        <link:definition>9955554 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Narrative</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="REVENUESComponentsofRevenueDetails" roleURI="http://www.ftandi.com/role/REVENUESComponentsofRevenueDetails">
        <link:definition>9955555 - Disclosure - REVENUES - Components of Revenue (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASESNarrativeDetails" roleURI="http://www.ftandi.com/role/LEASESNarrativeDetails">
        <link:definition>9955556 - Disclosure - LEASES - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASESLeaseCostDetails" roleURI="http://www.ftandi.com/role/LEASESLeaseCostDetails">
        <link:definition>9955557 - Disclosure - LEASES - Lease Cost (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASESSupplementalInformationRelatedtoLeasesDetails" roleURI="http://www.ftandi.com/role/LEASESSupplementalInformationRelatedtoLeasesDetails">
        <link:definition>9955558 - Disclosure - LEASES - Supplemental Information Related to Leases (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASESSupplementalCashFlowInformationDetails" roleURI="http://www.ftandi.com/role/LEASESSupplementalCashFlowInformationDetails">
        <link:definition>9955559 - Disclosure - LEASES - Supplemental Cash Flow Information (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASESFuturePaymentsDetails" roleURI="http://www.ftandi.com/role/LEASESFuturePaymentsDetails">
        <link:definition>9955560 - Disclosure - LEASES - Future Payments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASESFuturePaymentsDetails_1" roleURI="http://www.ftandi.com/role/LEASESFuturePaymentsDetails_1">
        <link:definition>9955560 - Disclosure - LEASES - Future Payments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EQUITYBASEDCOMPENSATIONNarrativeDetails" roleURI="http://www.ftandi.com/role/EQUITYBASEDCOMPENSATIONNarrativeDetails">
        <link:definition>9955561 - Disclosure - EQUITY-BASED COMPENSATION - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EQUITYBASEDCOMPENSATIONExpensesRelatedtoStockBasedCompensationExpenseDetails" roleURI="http://www.ftandi.com/role/EQUITYBASEDCOMPENSATIONExpensesRelatedtoStockBasedCompensationExpenseDetails">
        <link:definition>9955562 - Disclosure - EQUITY-BASED COMPENSATION - Expenses Related to Stock-Based Compensation Expense (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EQUITYBASEDCOMPENSATIONSummaryofActivityDetails" roleURI="http://www.ftandi.com/role/EQUITYBASEDCOMPENSATIONSummaryofActivityDetails">
        <link:definition>9955563 - Disclosure - EQUITY-BASED COMPENSATION - Summary of Activity (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EQUITYBASEDCOMPENSATIONSummaryofOptionstoPurchaseCommonSharesDetails" roleURI="http://www.ftandi.com/role/EQUITYBASEDCOMPENSATIONSummaryofOptionstoPurchaseCommonSharesDetails">
        <link:definition>9955564 - Disclosure - EQUITY-BASED COMPENSATION - Summary of Options to Purchase Common Shares (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RETIREMENTBENEFITPLANSNarrativeDetails" roleURI="http://www.ftandi.com/role/RETIREMENTBENEFITPLANSNarrativeDetails">
        <link:definition>9955565 - Disclosure - RETIREMENT BENEFIT PLANS - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RETIREMENTBENEFITPLANSScheduleofChangesinExpectedBenefitObligationandPlanAssetsDetails" roleURI="http://www.ftandi.com/role/RETIREMENTBENEFITPLANSScheduleofChangesinExpectedBenefitObligationandPlanAssetsDetails">
        <link:definition>9955566 - Disclosure - RETIREMENT BENEFIT PLANS - Schedule of Changes in Expected Benefit Obligation and Plan Assets (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RETIRMENTBENEFITPLANSScheduleofAmountsRecognizedinBalanceSheetDetails" roleURI="http://www.ftandi.com/role/RETIRMENTBENEFITPLANSScheduleofAmountsRecognizedinBalanceSheetDetails">
        <link:definition>9955567 - Disclosure - RETIRMENT BENEFIT PLANS - Schedule of Amounts Recognized in Balance Sheet (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RETIREMENTBENEFITPLANSScheduleofAmountsRecognizedinOtherComprehensiveIncomeLossDetails" roleURI="http://www.ftandi.com/role/RETIREMENTBENEFITPLANSScheduleofAmountsRecognizedinOtherComprehensiveIncomeLossDetails">
        <link:definition>9955568 - Disclosure - RETIREMENT BENEFIT PLANS - Schedule of Amounts Recognized in Other Comprehensive Income (Loss) (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RETIREMENTBENEFITPALNSDefinedBenefitPlanAssumptionsDetails" roleURI="http://www.ftandi.com/role/RETIREMENTBENEFITPALNSDefinedBenefitPlanAssumptionsDetails">
        <link:definition>9955569 - Disclosure - RETIREMENT BENEFIT PALNS - Defined Benefit Plan, Assumptions (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RETIREMENTBENEFITPLANSScheduleofExpectedBenefitPaymentsDetails" roleURI="http://www.ftandi.com/role/RETIREMENTBENEFITPLANSScheduleofExpectedBenefitPaymentsDetails">
        <link:definition>9955570 - Disclosure - RETIREMENT BENEFIT PLANS - Schedule of Expected Benefit Payments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESComponentsofIncomeTaxExpenseDetails" roleURI="http://www.ftandi.com/role/INCOMETAXESComponentsofIncomeTaxExpenseDetails">
        <link:definition>9955571 - Disclosure - INCOME TAXES - Components of Income Tax Expense (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESProvisionforIncomeTaxReconciliationDetails" roleURI="http://www.ftandi.com/role/INCOMETAXESProvisionforIncomeTaxReconciliationDetails">
        <link:definition>9955572 - Disclosure - INCOME TAXES - Provision for Income Tax Reconciliation (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESComponentsofDeferredTaxAssetsandLiabilitiesDetails" roleURI="http://www.ftandi.com/role/INCOMETAXESComponentsofDeferredTaxAssetsandLiabilitiesDetails">
        <link:definition>9955573 - Disclosure - INCOME TAXES - Components of Deferred Tax Assets and Liabilities (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESChangesinValuationAllowanceDetails" roleURI="http://www.ftandi.com/role/INCOMETAXESChangesinValuationAllowanceDetails">
        <link:definition>9955574 - Disclosure - INCOME TAXES - Changes in Valuation Allowance (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESAdditionalInformationDetails" roleURI="http://www.ftandi.com/role/INCOMETAXESAdditionalInformationDetails">
        <link:definition>9955575 - Disclosure - INCOME TAXES - Additional Information (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="MANAGEMENTAGREEMENTANDAFFILIATETRANSACTIONSNarrativeDetails" roleURI="http://www.ftandi.com/role/MANAGEMENTAGREEMENTANDAFFILIATETRANSACTIONSNarrativeDetails">
        <link:definition>9955576 - Disclosure - MANAGEMENT AGREEMENT AND AFFILIATE TRANSACTIONS - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="MANAGEMENTAGREEMENTANDAFFILIATETRANSACTIONSScheduleofRelatedPartyTransactionsDetails" roleURI="http://www.ftandi.com/role/MANAGEMENTAGREEMENTANDAFFILIATETRANSACTIONSScheduleofRelatedPartyTransactionsDetails">
        <link:definition>9955577 - Disclosure - MANAGEMENT AGREEMENT AND AFFILIATE TRANSACTIONS - Schedule of Related Party Transactions (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SEGMENTINFORMATIONNarrativeDetails" roleURI="http://www.ftandi.com/role/SEGMENTINFORMATIONNarrativeDetails">
        <link:definition>9955578 - Disclosure - SEGMENT INFORMATION - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SEGMENTINFORMATIONStatementofIncomebySegmentDetails" roleURI="http://www.ftandi.com/role/SEGMENTINFORMATIONStatementofIncomebySegmentDetails">
        <link:definition>9955579 - Disclosure - SEGMENT INFORMATION - Statement of Income by Segment (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SEGMENTINFORMATIONReconciliationofAdjustedNetIncometoNetIncomeDetails" roleURI="http://www.ftandi.com/role/SEGMENTINFORMATIONReconciliationofAdjustedNetIncometoNetIncomeDetails">
        <link:definition>9955580 - Disclosure - SEGMENT INFORMATION - Reconciliation of Adjusted Net Income to Net Income (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SEGMENTINFORMATIONBalanceSheetDetails" roleURI="http://www.ftandi.com/role/SEGMENTINFORMATIONBalanceSheetDetails">
        <link:definition>9955581 - Disclosure - SEGMENT INFORMATION - Balance Sheet (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="REDEEMABLEPREFERREDSTOCKNarrativeDetails" roleURI="http://www.ftandi.com/role/REDEEMABLEPREFERREDSTOCKNarrativeDetails">
        <link:definition>9955582 - Disclosure - REDEEMABLE PREFERRED STOCK - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EARNINGSPERSHAREANDEQUITYScheduleofEarningsPerShareDetails" roleURI="http://www.ftandi.com/role/EARNINGSPERSHAREANDEQUITYScheduleofEarningsPerShareDetails">
        <link:definition>9955583 - Disclosure - EARNINGS PER SHARE AND EQUITY - Schedule of Earnings Per Share (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EARNINGSPERSHAREANDEQUITYNarrativeDetails" roleURI="http://www.ftandi.com/role/EARNINGSPERSHAREANDEQUITYNarrativeDetails">
        <link:definition>9955584 - Disclosure - EARNINGS PER SHARE AND EQUITY - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EARNINGSPERSHAREANDEQUITYScheduleofOutstandingStockWarrantsandChangesDetails" roleURI="http://www.ftandi.com/role/EARNINGSPERSHAREANDEQUITYScheduleofOutstandingStockWarrantsandChangesDetails">
        <link:definition>9955585 - Disclosure - EARNINGS PER SHARE AND EQUITY - Schedule of Outstanding Stock Warrants and Changes (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="COMMITMENTSANDCONTINGENCIESDetails" roleURI="http://www.ftandi.com/role/COMMITMENTSANDCONTINGENCIESDetails">
        <link:definition>9955586 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SUBSEQUENTEVENTSDetails" roleURI="http://www.ftandi.com/role/SUBSEQUENTEVENTSDetails">
        <link:definition>9955587 - Disclosure - SUBSEQUENT EVENTS (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xs:appinfo>
  </xs:annotation>
  <xs:element id="ftai_PropertyPlantAndEquipmentLeasingEquipment" abstract="false" name="PropertyPlantAndEquipmentLeasingEquipment" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_WarrantLiabilityNoncurrent" abstract="false" name="WarrantLiabilityNoncurrent" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_SeriesAPreferredStockRailcoMember" abstract="true" name="SeriesAPreferredStockRailcoMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_NoncontrollingInterestDecreaseFromAcquisitionOfConsolidatedSubsidiary" abstract="false" name="NoncontrollingInterestDecreaseFromAcquisitionOfConsolidatedSubsidiary" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_AdjustmentsToAdditionalPaidInCapitalDividendsAndAccretionOfRedeemablePreferredStock" abstract="false" name="AdjustmentsToAdditionalPaidInCapitalDividendsAndAccretionOfRedeemablePreferredStock" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_NoncontrollingInterestSettlementOfEquityBasedCompensation" abstract="false" name="NoncontrollingInterestSettlementOfEquityBasedCompensation" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_GainOnSaleOfEasement" abstract="false" name="GainOnSaleOfEasement" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_ShareBasedPaymentArrangementExpenseIncludingDiscontinuedOperations" abstract="false" name="ShareBasedPaymentArrangementExpenseIncludingDiscontinuedOperations" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DepreciationDepletionAndAmortizationIncludingDiscontinuedOperations" abstract="false" name="DepreciationDepletionAndAmortizationIncludingDiscontinuedOperations" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_AmortizationOfOtherComprehensiveIncomeLoss" abstract="false" name="AmortizationOfOtherComprehensiveIncomeLoss" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_InvestmentInConvertiblePromissoryNotes" abstract="false" name="InvestmentInConvertiblePromissoryNotes" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_InvestmentInEquityInstruments" abstract="false" name="InvestmentInEquityInstruments" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_ProceedsFromSaleofEquipmentonLease" abstract="false" name="ProceedsFromSaleofEquipmentonLease" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_ProceedsFromSaleOfEasement" abstract="false" name="ProceedsFromSaleOfEasement" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_PaymentforSettlementofEquityBasedCompensation" abstract="false" name="PaymentforSettlementofEquityBasedCompensation" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_NoncashOrPartNoncashAcquisitionAcquisitionOfBusiness" abstract="false" name="NoncashOrPartNoncashAcquisitionAcquisitionOfBusiness" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DividendsIncludingAccretionPreferredStock" abstract="false" name="DividendsIncludingAccretionPreferredStock" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_IntangibleAssetsandLiabilitiesDisclosureAbstract" abstract="true" name="IntangibleAssetsandLiabilitiesDisclosureAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ftai_IntangibleAssetsandLiabilitiesDisclosureTextBlock" abstract="false" name="IntangibleAssetsandLiabilitiesDisclosureTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_TemporaryEquityDisclosureTextBlock" abstract="false" name="TemporaryEquityDisclosureTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_RisksandUncertaintiesPolicyTextBlock" abstract="false" name="RisksandUncertaintiesPolicyTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_TemporaryEquityPolicyTextBlock" abstract="false" name="TemporaryEquityPolicyTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_AcquisitionAndTransactionExpensesPolicyTextBlock" abstract="false" name="AcquisitionAndTransactionExpensesPolicyTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_ScheduleOfPropertyPlantAndEquipmentAcquiredAsPartOfBusinessCombinationTableTextBlock" abstract="false" name="ScheduleOfPropertyPlantAndEquipmentAcquiredAsPartOfBusinessCombinationTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_LessorOperatingLeaseCarryingValueOfAssetsSubjectToLeasesTableTextBlock" abstract="false" name="LessorOperatingLeaseCarryingValueOfAssetsSubjectToLeasesTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_ScheduleOfAmortizationOfIntangiblesTableTextBlock" abstract="false" name="ScheduleOfAmortizationOfIntangiblesTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseandBelowMarketLeasesFutureAmortizationIncomeNetTableTextBlock" abstract="false" name="ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseandBelowMarketLeasesFutureAmortizationIncomeNetTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_SupplementalInformationRelatedtoLeasesTableTextBlock" abstract="false" name="SupplementalInformationRelatedtoLeasesTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_SupplementalCashFlowInformationTableTextBlock" abstract="false" name="SupplementalCashFlowInformationTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_ScheduleOfEstimatedBenefitObligationWeightedAverageAssumptionsTableTextBlockTableTextBlock" abstract="false" name="ScheduleOfEstimatedBenefitObligationWeightedAverageAssumptionsTableTextBlockTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_ScheduleOfRelatedPartyTransactions2TableTextBlock" abstract="false" name="ScheduleOfRelatedPartyTransactions2TableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_ScheduleOfRelatedPartyTransactions3TableTextBlock" abstract="false" name="ScheduleOfRelatedPartyTransactions3TableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_ScheduleOfRelatedPartyTransactions4TableTextBlock" abstract="false" name="ScheduleOfRelatedPartyTransactions4TableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_RailroadMember" abstract="true" name="RailroadMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_ReportableSegmentsNumberOfComponents" abstract="false" name="ReportableSegmentsNumberOfComponents" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="ftai_EquityMethodInvestmentsNumberOfVentures" abstract="false" name="EquityMethodInvestmentsNumberOfVentures" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="ftai_AccountingPoliciesTable" abstract="true" name="AccountingPoliciesTable" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrldt:hypercubeItem" type="xbrli:stringItemType"/>
  <xs:element id="ftai_DelawareRiverPartnersMember" abstract="true" name="DelawareRiverPartnersMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_JeffersonTerminalMember" abstract="true" name="JeffersonTerminalMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_FYXTrustHoldoLLCMember" abstract="true" name="FYXTrustHoldoLLCMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TwoCustomersMember" abstract="true" name="TwoCustomersMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_ThreeCustomersMember" abstract="true" name="ThreeCustomersMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_CarbonFeeMember" abstract="true" name="CarbonFeeMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_LongRidgeMember" abstract="true" name="LongRidgeMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_MeasurementInputGrowthRateMember" abstract="true" name="MeasurementInputGrowthRateMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_PowerAndGasMember" abstract="true" name="PowerAndGasMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2020BTaxableFacilityRevenueBondsMember" abstract="true" name="Series2020BTaxableFacilityRevenueBondsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_DRPDBTermLoanAndLOC106MMember" abstract="true" name="DRPDBTermLoanAndLOC106MMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_EB5LoanAgreementTrancheOneMember" abstract="true" name="EB5LoanAgreementTrancheOneMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_EB5LoanAgreementTrancheOne26MMember" abstract="true" name="EB5LoanAgreementTrancheOne26MMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_EB5LoanAgreementTrancheTwo9.7MMember" abstract="true" name="EB5LoanAgreementTrancheTwo9.7MMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_PensionAndOtherPostretirementBenefitAccountsMember" abstract="true" name="PensionAndOtherPostretirementBenefitAccountsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TaxExemptSeries2024BBondsMember" abstract="true" name="TaxExemptSeries2024BBondsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_AccountingPoliciesLineItems" abstract="true" name="AccountingPoliciesLineItems" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ftai_OtherLiabilitiesInsurancePremiumsCurrent" abstract="false" name="OtherLiabilitiesInsurancePremiumsCurrent" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_RailcarsandLocomotivesMember" abstract="true" name="RailcarsandLocomotivesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_RailroadTrackandRelatedAssetsMember" abstract="true" name="RailroadTrackandRelatedAssetsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_BridgesAndTunnelsMember" abstract="true" name="BridgesAndTunnelsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_BuildingsandSiteImprovementsMember" abstract="true" name="BuildingsandSiteImprovementsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_RailroadEquipmentMember" abstract="true" name="RailroadEquipmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_CrudeOilTerminalandEquipmentMember" abstract="true" name="CrudeOilTerminalandEquipmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_ComputerHardwareandSoftwareMember" abstract="true" name="ComputerHardwareandSoftwareMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_LongRidgeEnergyPowerLLCMember" abstract="true" name="LongRidgeEnergyPowerLLCMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TheWheelingCorporationMember" abstract="true" name="TheWheelingCorporationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TranstarMember" abstract="true" name="TranstarMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_GCMGrosvenorIncMember" abstract="true" name="GCMGrosvenorIncMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_PromissoryNoteMember" abstract="true" name="PromissoryNoteMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_ShareholderLoanMember" abstract="true" name="ShareholderLoanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_SeriesBConvertibleJuniorPreferredStockMember" abstract="true" name="SeriesBConvertibleJuniorPreferredStockMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_WheelingCommonStockMember" abstract="true" name="WheelingCommonStockMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_SeriesAWarrantsRailcoMember" abstract="true" name="SeriesAWarrantsRailcoMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_CorporateBridgeLoanCreditAgreement1.25BMember" abstract="true" name="CorporateBridgeLoanCreditAgreement1.25BMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TemporaryEquityStockIssuedDuringPeriodSharesNewIssues" abstract="false" name="TemporaryEquityStockIssuedDuringPeriodSharesNewIssues" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="ftai_BusinessCombinationRecognizedIdentifiableAssetAcquiredOperatingLeaseRightOfUseAssetsNet" abstract="false" name="BusinessCombinationRecognizedIdentifiableAssetAcquiredOperatingLeaseRightOfUseAssetsNet" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_BusinessCombinationRecognizedIdentifiableAssetsAndLiabilitiesRestrictedCash" abstract="false" name="BusinessCombinationRecognizedIdentifiableAssetsAndLiabilitiesRestrictedCash" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_BusinessCombinationRecognizedIdentifiableLiabilitiesAssumedOperatingLeaseLiabilities" abstract="false" name="BusinessCombinationRecognizedIdentifiableLiabilitiesAssumedOperatingLeaseLiabilities" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_UnprovedPropertiesMember" abstract="true" name="UnprovedPropertiesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_ProvedDevelopedPropertiesMember" abstract="true" name="ProvedDevelopedPropertiesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_PowerGenerationMember" abstract="true" name="PowerGenerationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <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_PropertyPlantAndEquipmentLeasingEquipmentGross" abstract="false" name="PropertyPlantAndEquipmentLeasingEquipmentGross" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentLeasingEquipment" abstract="false" name="AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentLeasingEquipment" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_SalesTypeLeaseLeaseReceivableLongTerm" abstract="false" name="SalesTypeLeaseLeaseReceivableLongTerm" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_SalesTypeLeaseLeaseReceivableShortTerm" abstract="false" name="SalesTypeLeaseLeaseReceivableShortTerm" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_ProvedOilAndGasMember" abstract="true" name="ProvedOilAndGasMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_UnprovedOilAndGasMember" abstract="true" name="UnprovedOilAndGasMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_DepreciationAndAmortizationContinuingOperations" abstract="false" name="DepreciationAndAmortizationContinuingOperations" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_IntermodalFinanceILtdMember" abstract="true" name="IntermodalFinanceILtdMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_GMFTAIHoldcoLLCMember" abstract="true" name="GMFTAIHoldcoLLCMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_CleanPlanetEnergyUSALLCMember" abstract="true" name="CleanPlanetEnergyUSALLCMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_LongRidgeWestVirginiaLLCMember" abstract="true" name="LongRidgeWestVirginiaLLCMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_PyroplastEnergyLTDMember" abstract="true" name="PyroplastEnergyLTDMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_GladieuxMetalsRecyclingMember" abstract="true" name="GladieuxMetalsRecyclingMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_CleanPlanetGroupMember" abstract="true" name="CleanPlanetGroupMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_ECircuitMotorsInc.Member" abstract="true" name="ECircuitMotorsInc.Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_AleonRenewableMetalsLLCAleonMember" abstract="true" name="AleonRenewableMetalsLLCAleonMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_EquityMethodInvestmentSubstantiveParticipationRightsPercentage" abstract="false" name="EquityMethodInvestmentSubstantiveParticipationRightsPercentage" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_OwnershipPercentageSold" abstract="false" name="OwnershipPercentageSold" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_InvestmentInPromissoryNotes" abstract="false" name="InvestmentInPromissoryNotes" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_EquityMethodInvestmentsNoteReceivable" abstract="false" name="EquityMethodInvestmentsNoteReceivable" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_EquityMethodInvestmentIncreaseDecreaseInOwnershipPercentageFromExchangeOfShares" abstract="false" name="EquityMethodInvestmentIncreaseDecreaseInOwnershipPercentageFromExchangeOfShares" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_EquityMethodInvestmentIncreaseDecreaseInOwnershipPercentageFromDebtTermination" abstract="false" name="EquityMethodInvestmentIncreaseDecreaseInOwnershipPercentageFromDebtTermination" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_EquityMethodInvestmentVotingPercentage" abstract="false" name="EquityMethodInvestmentVotingPercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_FYXInvestmentMember" abstract="true" name="FYXInvestmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_SaleOfStockPurchaseOptionPercentageOfCommonSharesSold" abstract="false" name="SaleOfStockPurchaseOptionPercentageOfCommonSharesSold" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_DepreciationandAmortizationMember" abstract="true" name="DepreciationandAmortizationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_DRPRevolverMember" abstract="true" name="DRPRevolverMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_DRPDBTermLoanMember" abstract="true" name="DRPDBTermLoanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_EB5LoanAgreementMember" abstract="true" name="EB5LoanAgreementMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_JeffersonCreditAgreementOct2024Member" abstract="true" name="JeffersonCreditAgreementOct2024Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_JeffersonCreditAgreementMember" abstract="true" name="JeffersonCreditAgreementMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_JeffersonCreditAgreementJune2025Member" abstract="true" name="JeffersonCreditAgreementJune2025Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_RailCoBMORevolverMember" abstract="true" name="RailCoBMORevolverMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_LongRidgeAcquiomLoanMember" abstract="true" name="LongRidgeAcquiomLoanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_LongRidgeGCMPrommissoryNoteMember" abstract="true" name="LongRidgeGCMPrommissoryNoteMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_LongRidgeCanamLoanMember" abstract="true" name="LongRidgeCanamLoanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_LongRidgeCreditAgreementMember" abstract="true" name="LongRidgeCreditAgreementMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2020AMaturingIn2035Member" abstract="true" name="Series2020AMaturingIn2035Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2020AMaturingIn2050Member" abstract="true" name="Series2020AMaturingIn2050Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2020BondsMember" abstract="true" name="Series2020BondsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2021ABondsMember" abstract="true" name="Series2021ABondsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2021BBondsMember" abstract="true" name="Series2021BBondsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2021BondsMember" abstract="true" name="Series2021BondsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2024ABondsDue2044Member" abstract="true" name="Series2024ABondsDue2044Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2024ABondsDue2039Through2044Member" abstract="true" name="Series2024ABondsDue2039Through2044Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2024BBondsDue2026Member" abstract="true" name="Series2024BBondsDue2026Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2024BondsMember" abstract="true" name="Series2024BondsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2025BondsDue2035Member" abstract="true" name="Series2025BondsDue2035Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2025BondsDue2045Member" abstract="true" name="Series2025BondsDue2045Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2025BondsMember" abstract="true" name="Series2025BondsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_SeniorNotesDue2027Member" abstract="true" name="SeniorNotesDue2027Member" 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_LongTermDebtAfterDebtDiscountBeforeDebtIssuanceCost" abstract="false" name="LongTermDebtAfterDebtDiscountBeforeDebtIssuanceCost" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_LongTermDebtCurrentMaturitiesGross" abstract="false" name="LongTermDebtCurrentMaturitiesGross" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_UnamortizedDebtIssuanceCostsPortionAttributableToLongTermDebtCurrentMaturities" abstract="false" name="UnamortizedDebtIssuanceCostsPortionAttributableToLongTermDebtCurrentMaturities" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_EB5LoanAgreementTrancheTwoMember" abstract="true" name="EB5LoanAgreementTrancheTwoMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_EB5.2LoanAgreementMember" abstract="true" name="EB5.2LoanAgreementMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_EB5.3LoanAgreementMember" abstract="true" name="EB5.3LoanAgreementMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TranstarRevolverMember" abstract="true" name="TranstarRevolverMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2020ADockAndWharfFacilityRevenueBondsMember" abstract="true" name="Series2020ADockAndWharfFacilityRevenueBondsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2021ABondsDue2026Through2031Member" abstract="true" name="Series2021ABondsDue2026Through2031Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2021ABondsDue2031Member" abstract="true" name="Series2021ABondsDue2031Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2021ABondsDue2036Member" abstract="true" name="Series2021ABondsDue2036Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2021ABondsDue2041Member" abstract="true" name="Series2021ABondsDue2041Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2021ABondsDue2050Member" abstract="true" name="Series2021ABondsDue2050Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_March2025RepaunoCreditAgreementMember" abstract="true" name="March2025RepaunoCreditAgreementMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2025ABondsMember" abstract="true" name="Series2025ABondsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2025ABondsMaturing2035Member" abstract="true" name="Series2025ABondsMaturing2035Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_Series2025ABondsMaturing2045Member" abstract="true" name="Series2025ABondsMaturing2045Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TenderOfferJune2024105MMember" abstract="true" name="TenderOfferJune2024105MMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TenderOfferJune2024108.1MMember" abstract="true" name="TenderOfferJune2024108.1MMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TaxExemptSeries2024ABondsMember" abstract="true" name="TaxExemptSeries2024ABondsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TaxExemptSeries2024ABondsMaturing2039Member" abstract="true" name="TaxExemptSeries2024ABondsMaturing2039Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TaxExemptSeries2024ABondsMaturing2044Member" abstract="true" name="TaxExemptSeries2024ABondsMaturing2044Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TaxExemptSeries2024ABondsMaturing2054Member" abstract="true" name="TaxExemptSeries2024ABondsMaturing2054Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TaxableSeries2020BBondsMember" abstract="true" name="TaxableSeries2020BBondsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_DebtInstrumentFinancialCovenantRequirementAxis" abstract="true" name="DebtInstrumentFinancialCovenantRequirementAxis" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrldt:dimensionItem" type="xbrli:stringItemType"/>
  <xs:element id="ftai_DebtInstrumentFinancialCovenantRequirementDomain" abstract="true" name="DebtInstrumentFinancialCovenantRequirementDomain" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_YearOneMember" abstract="true" name="YearOneMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_YearTwoMember" abstract="true" name="YearTwoMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_YearThreeMember" abstract="true" name="YearThreeMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_DebtInstrumentRequiredConsolidatedCashBalanceMinimumQuarterly" abstract="false" name="DebtInstrumentRequiredConsolidatedCashBalanceMinimumQuarterly" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DebtInstrumentRequiredConsolidatedTangibleNetWorthMinimum" abstract="false" name="DebtInstrumentRequiredConsolidatedTangibleNetWorthMinimum" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DebtInstrumentInterestRateExtensionExercisedStatedPercentage" abstract="false" name="DebtInstrumentInterestRateExtensionExercisedStatedPercentage" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_DebtInstrumentDebtToEquityRatioMaximum" abstract="false" name="DebtInstrumentDebtToEquityRatioMaximum" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="ftai_DebtInstrumentDebtToEquityRatioMinimum" abstract="false" name="DebtInstrumentDebtToEquityRatioMinimum" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="ftai_DebtInstrumentFixedChargeCoverageRatioMaximum" abstract="false" name="DebtInstrumentFixedChargeCoverageRatioMaximum" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="ftai_DebtInstrumentFixedChargeCoverageRatioMinimum" abstract="false" name="DebtInstrumentFixedChargeCoverageRatioMinimum" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="ftai_DebtInstrumentIssuancePricePercentage" abstract="false" name="DebtInstrumentIssuancePricePercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="ftai_DebtInstrumentIssuancePrice" abstract="false" name="DebtInstrumentIssuancePrice" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="ftai_DebtInstrumentTenderOfferAggregatePurchasePrice" abstract="false" name="DebtInstrumentTenderOfferAggregatePurchasePrice" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DebtInstrumentCovenantUnrestrictedCashAndCashEquivalents" abstract="false" name="DebtInstrumentCovenantUnrestrictedCashAndCashEquivalents" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_LoansandBondsPayableMember" abstract="true" name="LoansandBondsPayableMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_RestrictedCashFairValueDisclosure" abstract="false" name="RestrictedCashFairValueDisclosure" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_FairValueAtGrantDateWarrant" abstract="false" name="FairValueAtGrantDateWarrant" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_WarrantFairValuePerShare" abstract="false" name="WarrantFairValuePerShare" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:perShareItemType"/>
  <xs:element id="ftai_SeriesA2020BondsMember" abstract="true" name="SeriesA2020BondsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_SeriesA2024BondsMember" abstract="true" name="SeriesA2024BondsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_SeriesB2024BondsMember" abstract="true" name="SeriesB2024BondsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_BusinessCombinationFairValueMeasurementOfAssetsDiscountRate" abstract="false" name="BusinessCombinationFairValueMeasurementOfAssetsDiscountRate" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_BusinessCombinationAssumedTerminalGrowthRate" abstract="false" name="BusinessCombinationAssumedTerminalGrowthRate" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_ElectricitySwapsMember" abstract="true" name="ElectricitySwapsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_RailRevenueMember" abstract="true" name="RailRevenueMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_RoadsideServicesRevenuesMember" abstract="true" name="RoadsideServicesRevenuesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_PowerRevenuesMember" abstract="true" name="PowerRevenuesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_GasRevenuesMember" abstract="true" name="GasRevenuesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_RapaunoMember" abstract="true" name="RapaunoMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_SustainabilityMember" abstract="true" name="SustainabilityMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_LeaseRemainingLeaseTerm" abstract="false" name="LeaseRemainingLeaseTerm" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="ftai_FinanceLeaseCost" abstract="false" name="FinanceLeaseCost" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_OperatingLeasePaymentsForDiscontinuedOperations" abstract="false" name="OperatingLeasePaymentsForDiscontinuedOperations" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_NonqualifiedStockOptionAndIncentiveAwardPlanMember" abstract="true" name="NonqualifiedStockOptionAndIncentiveAwardPlanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_CommonStockUnitsMember" abstract="true" name="CommonStockUnitsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_CommonStockUnitsTimeVestingMember" abstract="true" name="CommonStockUnitsTimeVestingMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_CommonStockUnitsPerformanceBasedVestingMember" abstract="true" name="CommonStockUnitsPerformanceBasedVestingMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_OptionsGrantedToManagerMember" abstract="true" name="OptionsGrantedToManagerMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_OptionsExercisedByManagerMember" abstract="true" name="OptionsExercisedByManagerMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsSharesIssuedGrantDateFairValue" abstract="false" name="SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsSharesIssuedGrantDateFairValue" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodGrantDateFairValue" abstract="false" name="SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodGrantDateFairValue" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueGranted" abstract="false" name="SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueGranted" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedGrantDateFairValue" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedGrantDateFairValue" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedFairValue" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedFairValue" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExerciseAndIssuancePrice" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExerciseAndIssuancePrice" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:perShareItemType"/>
  <xs:element id="ftai_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExcercisePrice" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExcercisePrice" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:perShareItemType"/>
  <xs:element id="ftai_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationInitialHealthcareCostTrendRate" abstract="false" name="DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationInitialHealthcareCostTrendRate" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="ftai_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationInitialHealthcareCostTrendRateUltimateHealthcareCostTrendRate" abstract="false" name="DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationInitialHealthcareCostTrendRateUltimateHealthcareCostTrendRate" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="ftai_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationYearHealthCareCostTrendRateReachesUltimateTrendRate" abstract="false" name="DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationYearHealthCareCostTrendRateReachesUltimateTrendRate" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:gYearListItemType"/>
  <xs:element id="ftai_DefinedBenefitPlanAverageFutureWorkingLifetime" abstract="false" name="DefinedBenefitPlanAverageFutureWorkingLifetime" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="ftai_EffectiveIncomeTaxRateReconciliationImpactOfAcquisitionTransactionsAmount" abstract="false" name="EffectiveIncomeTaxRateReconciliationImpactOfAcquisitionTransactionsAmount" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_EffectiveIncomeTaxRateReconciliationImpactOfAcquisitionTransactionsPercent" abstract="false" name="EffectiveIncomeTaxRateReconciliationImpactOfAcquisitionTransactionsPercent" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_EffectiveIncomeTaxRateReconciliationDeferredTaxAdjustmentsPercent" abstract="false" name="EffectiveIncomeTaxRateReconciliationDeferredTaxAdjustmentsPercent" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_EffectiveIncomeTaxRateReconciliationDeferredTaxAdjustmentsAmount" abstract="false" name="EffectiveIncomeTaxRateReconciliationDeferredTaxAdjustmentsAmount" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DeferredTaxAssetsDeferredExpenseInterestExpense" abstract="false" name="DeferredTaxAssetsDeferredExpenseInterestExpense" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DeferredTaxAssetOperatingLeaseLiabilities" abstract="false" name="DeferredTaxAssetOperatingLeaseLiabilities" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DeferredTaxLiabilitiesPropertyPlantAndEquipmentAndGoodwill" abstract="false" name="DeferredTaxLiabilitiesPropertyPlantAndEquipmentAndGoodwill" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DeferredTaxLiabilitiesOperatingLeaseRightOfUseAssets" abstract="false" name="DeferredTaxLiabilitiesOperatingLeaseRightOfUseAssets" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_ValuationAllowanceRollForward" abstract="true" name="ValuationAllowanceRollForward" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ftai_ValuationAllowanceDeferredTaxAssetIncreaseDueToCurrentYearLosses" abstract="false" name="ValuationAllowanceDeferredTaxAssetIncreaseDueToCurrentYearLosses" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_TaxYear2028Member" abstract="true" name="TaxYear2028Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TaxYear2032Member" abstract="true" name="TaxYear2032Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_OperatingLossCarryforwardsNotSubjectToExpiration" abstract="false" name="OperatingLossCarryforwardsNotSubjectToExpiration" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_FortressWorldwideTransportationandInfrastructureMasterGPLLPMember" abstract="true" name="FortressWorldwideTransportationandInfrastructureMasterGPLLPMember" 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_IncomeIncentiveAllocationMember" abstract="true" name="IncomeIncentiveAllocationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_RelatedPartyAgreementTerm" abstract="false" name="RelatedPartyAgreementTerm" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <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_CapitalGainsAllocationProRataSharePercentage" abstract="false" name="CapitalGainsAllocationProRataSharePercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_SaleOfStockPurchaseOptionPercentageOfGrossCapitalInEquityIssuance" abstract="false" name="SaleOfStockPurchaseOptionPercentageOfGrossCapitalInEquityIssuance" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_ManagementFeesMember" abstract="true" name="ManagementFeesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_CapitalGainsIncentiveAllocationMember" abstract="true" name="CapitalGainsIncentiveAllocationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_AcquisitionandTransactionExpensesMember" abstract="true" name="AcquisitionandTransactionExpensesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_RelatedPartyTransactionIncomeExpensesFromTransactionsWithRelatedParty" abstract="false" name="RelatedPartyTransactionIncomeExpensesFromTransactionsWithRelatedParty" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_RepaunoMember" abstract="true" name="RepaunoMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_PortsandTerminalsMember" abstract="true" name="PortsandTerminalsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_AdjustedNetIncomeLoss" abstract="false" name="AdjustedNetIncomeLoss" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_AdjustedNetIncomeLossAttributabletoNonControllingInterest" abstract="false" name="AdjustedNetIncomeLossAttributabletoNonControllingInterest" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_ProRataShareOfAdjustedEBITDAFromUnconsolidatedEntities" abstract="false" name="ProRataShareOfAdjustedEBITDAFromUnconsolidatedEntities" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DepreciationAndAmortizationOfIntangibleAssetsExcludingDiscontinuedOperations" abstract="false" name="DepreciationAndAmortizationOfIntangibleAssetsExcludingDiscontinuedOperations" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_IncentiveIncomeAllocated" abstract="false" name="IncentiveIncomeAllocated" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_AssetImpairmentChargesExcludingDiscontinuedOperations" abstract="false" name="AssetImpairmentChargesExcludingDiscontinuedOperations" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_GainsLossesonExtinguishmentorRestructuringofDebt" abstract="false" name="GainsLossesonExtinguishmentorRestructuringofDebt" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_SeriesIAndIIWarrantsMember" abstract="true" name="SeriesIAndIIWarrantsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_SeriesAWarrantsMember" abstract="true" name="SeriesAWarrantsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_OptionalRedemptionWarrantMember" abstract="true" name="OptionalRedemptionWarrantMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TemporaryEquityRedemptionPeriodAxis" abstract="true" name="TemporaryEquityRedemptionPeriodAxis" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrldt:dimensionItem" type="xbrli:stringItemType"/>
  <xs:element id="ftai_TemporaryEquityRedemptionPeriodDomain" abstract="true" name="TemporaryEquityRedemptionPeriodDomain" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TemporaryEquityRedemptionPeriodOneMember" abstract="true" name="TemporaryEquityRedemptionPeriodOneMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TemporaryEquityRedemptionPeriodTwoMember" abstract="true" name="TemporaryEquityRedemptionPeriodTwoMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TemporaryEquityRedemptionPeriodThreeMember" abstract="true" name="TemporaryEquityRedemptionPeriodThreeMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_TemporaryEquityStockIssuedDuringPeriodValueNewIssuesPricePerShare" abstract="false" name="TemporaryEquityStockIssuedDuringPeriodValueNewIssuesPricePerShare" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:perShareItemType"/>
  <xs:element id="ftai_TemporaryEquityDiscountPercentage" abstract="false" name="TemporaryEquityDiscountPercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_TemporaryEquityStockIssuedDuringPeriodIssuanceCost" abstract="false" name="TemporaryEquityStockIssuedDuringPeriodIssuanceCost" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAttributableToParent" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAttributableToParent" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_TemporaryEquityVotesPerShare" abstract="false" name="TemporaryEquityVotesPerShare" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="ftai_TemporaryEquityDividendRate" abstract="false" name="TemporaryEquityDividendRate" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_TemporaryEquityDividendRateIncrease" abstract="false" name="TemporaryEquityDividendRateIncrease" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_TemporaryEquityCumulativeDividendsPaidInKind" abstract="false" name="TemporaryEquityCumulativeDividendsPaidInKind" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_TemporaryEquityPricePerSharePercentageOfLiquidationValue" abstract="false" name="TemporaryEquityPricePerSharePercentageOfLiquidationValue" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="ftai_TemporaryEquityRightToRedeemPeriod" abstract="false" name="TemporaryEquityRightToRedeemPeriod" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="ftai_TemporaryEquityLiquidationPreferencePerSharePercentage" abstract="false" name="TemporaryEquityLiquidationPreferencePerSharePercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="ftai_TemporaryEquityLiquidationWarrantsIssued" abstract="false" name="TemporaryEquityLiquidationWarrantsIssued" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="ftai_TemporaryEquityRedemptionValueRedeemedAtOptionOfCompany" abstract="false" name="TemporaryEquityRedemptionValueRedeemedAtOptionOfCompany" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_TemporaryEquityLiquidationValueOfWarrants" abstract="false" name="TemporaryEquityLiquidationValueOfWarrants" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_TemporaryEquityRedemptionValueRedeemedDueToChangeInControl" abstract="false" name="TemporaryEquityRedemptionValueRedeemedDueToChangeInControl" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_TemporaryEquityConversionPrice" abstract="false" name="TemporaryEquityConversionPrice" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:perShareItemType"/>
  <xs:element id="ftai_TemporaryEquityMaximumNumberOfCommonShares" abstract="false" name="TemporaryEquityMaximumNumberOfCommonShares" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="ftai_TemporaryEquityMaximumNumberOfCommonSharesAsOfShareCapPercentage" abstract="false" name="TemporaryEquityMaximumNumberOfCommonSharesAsOfShareCapPercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="ftai_TemporaryEquityMaximumNumberOfCommonSharesIssuedAndOutstandingPercentage" abstract="false" name="TemporaryEquityMaximumNumberOfCommonSharesIssuedAndOutstandingPercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="ftai_TemporaryEquityCommonStockSharesIssuedIfConverted" abstract="false" name="TemporaryEquityCommonStockSharesIssuedIfConverted" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="ftai_TemporaryEquityDividendsPaid" abstract="false" name="TemporaryEquityDividendsPaid" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_LossOnExtinguishmentOfPreferredStock" abstract="false" name="LossOnExtinguishmentOfPreferredStock" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_SeriesIWarrantMember" abstract="true" name="SeriesIWarrantMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_SeriesIIWarrantMember" abstract="true" name="SeriesIIWarrantMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_WarrantsOrRightExercisableWeightedAverageRemainingContractualLife" abstract="false" name="WarrantsOrRightExercisableWeightedAverageRemainingContractualLife" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="ftai_NumberOfWarrantsAbstract" abstract="true" name="NumberOfWarrantsAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ftai_ClassOfWarrantOrRightOutstandingRollForward" abstract="true" name="ClassOfWarrantOrRightOutstandingRollForward" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ftai_WarrantsAndRightsSharesIssued" abstract="false" name="WarrantsAndRightsSharesIssued" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="ftai_WarrantsAndRightsSharesExpired" abstract="false" name="WarrantsAndRightsSharesExpired" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="ftai_WarrantsAndRightsSharesExcercised" abstract="false" name="WarrantsAndRightsSharesExcercised" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="ftai_WarrantOrRightExercisableSharesExercisable" abstract="false" name="WarrantOrRightExercisableSharesExercisable" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="ftai_WeightedAverageExercisePriceAbstract" abstract="true" name="WeightedAverageExercisePriceAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ftai_ClassOfWarrantOrRightWeightedAverageExercisePriceRollForward" abstract="true" name="ClassOfWarrantOrRightWeightedAverageExercisePriceRollForward" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ftai_WarrantsAndRightsIssuedWeightedAverageExercisePrice" abstract="false" name="WarrantsAndRightsIssuedWeightedAverageExercisePrice" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:perShareItemType"/>
  <xs:element id="ftai_WarrantsAndRightsExpiredWeightedAverageExercisePrice" abstract="false" name="WarrantsAndRightsExpiredWeightedAverageExercisePrice" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:perShareItemType"/>
  <xs:element id="ftai_WarrantsAndRightsExcercisedWeightedAverageExercisePrice" abstract="false" name="WarrantsAndRightsExcercisedWeightedAverageExercisePrice" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:perShareItemType"/>
  <xs:element id="ftai_WarrantOrRightExercisableWeightedAverageExercisePrice" abstract="false" name="WarrantOrRightExercisableWeightedAverageExercisePrice" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:perShareItemType"/>
  <xs:element id="ftai_PotentialMilestonePayment" abstract="false" name="PotentialMilestonePayment" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_MaturityDateAxis" abstract="true" name="MaturityDateAxis" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrldt:dimensionItem" type="xbrli:stringItemType"/>
  <xs:element id="ftai_MaturityDateDomain" abstract="true" name="MaturityDateDomain" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_February102026Member" abstract="true" name="February102026Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_February262026Member" abstract="true" name="February262026Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_CorporateTermLoanCreditAgreement1.3BMember" abstract="true" name="CorporateTermLoanCreditAgreement1.3BMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_CorporateTermLoanCreditAgreement35.4MMember" abstract="true" name="CorporateTermLoanCreditAgreement35.4MMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_CorporateTermLoanCreditAgreement1.35BMember" abstract="true" name="CorporateTermLoanCreditAgreement1.35BMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
</xs:schema>
