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0 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON , D.C. 20549 FORM 10 - K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-37386 FORTRESS TRANSPORTATION AND INFRASTRUCTURE INVESTORS LLC ( Exact name of registrant as specified in its charter ) Delaware ( State or other jurisdiction of incorporation or organization ) New York 1345 Avenue of the Americas , 45th Floor FORTRESS TRANSPORTATION & INFRASTRUCTURE ( Address of principal executive offices ) Title of each class : Class A common shares , $ 0.01 par value per share 8.25 % Fixed - to - Floating Rate Series A Cumulative Perpetual Redeemable Preferred Shares ( Registrant's telephone number , including area code ) ( 212 ) 798-6100 ( Former name , former address and former fiscal year , if changed since last report ) N / A Securities registered pursuant to Section 12 ( b ) of the Act : Trading Symbol : FTAI 8.00 % Fixed - to - Floating Rate Series B Cumulative Perpetual Redeemable Preferred Shares Large accelerated filer Non - accelerated filer FTAI PRA NY FTAI PR B р 0 ( I.R.S. Employer Identification No. ) 32-0434238 Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes No Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No 1 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( §232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No 10105 ( Zip Code ) Name of exchange on which registered : New York Stock Exchange New York Stock Exchange New York Stock Exchange Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of “ large accelerated filer , " " accelerated filer , ” “ smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Accelerated filer Smaller reporting company Emerging Growth Company ☐