<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" xlink:type="simple" />
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_us-gaap_LeasesAbstract_9ACC1DBDFEBA9B9303415E52FD5ECC99_label_en-US" xlink:label="lab_us-gaap_LeasesAbstract_9ACC1DBDFEBA9B9303415E52FD5ECC99" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leases [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LeasesAbstract" xlink:label="loc_us-gaap_LeasesAbstract_9ACC1DBDFEBA9B9303415E52FD5ECC99" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LeasesAbstract_9ACC1DBDFEBA9B9303415E52FD5ECC99" xlink:to="lab_us-gaap_LeasesAbstract_9ACC1DBDFEBA9B9303415E52FD5ECC99" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalLeasesInFinancialStatementsOfLessorDisclosureTextBlock_DC567F7026D1834590E25E52FD5E6165_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesInFinancialStatementsOfLessorDisclosureTextBlock_DC567F7026D1834590E25E52FD5E6165" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FINANCE LEASES, NET</link:label>
    <link:label id="lab_us-gaap_CapitalLeasesInFinancialStatementsOfLessorDisclosureTextBlock_DC567F7026D1834590E25E52FD5E6165_label_en-US" xlink:label="lab_us-gaap_CapitalLeasesInFinancialStatementsOfLessorDisclosureTextBlock_DC567F7026D1834590E25E52FD5E6165" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Leases in Financial Statements of Lessor Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CapitalLeasesInFinancialStatementsOfLessorDisclosureTextBlock" xlink:label="loc_us-gaap_CapitalLeasesInFinancialStatementsOfLessorDisclosureTextBlock_DC567F7026D1834590E25E52FD5E6165" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLeasesInFinancialStatementsOfLessorDisclosureTextBlock_DC567F7026D1834590E25E52FD5E6165" xlink:to="lab_us-gaap_CapitalLeasesInFinancialStatementsOfLessorDisclosureTextBlock_DC567F7026D1834590E25E52FD5E6165" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareAbstract_8C6E374ABCC25119E8A643D76F2937E5_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareAbstract_8C6E374ABCC25119E8A643D76F2937E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaap_EarningsPerShareAbstract_8C6E374ABCC25119E8A643D76F2937E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareAbstract_8C6E374ABCC25119E8A643D76F2937E5" xlink:to="lab_us-gaap_EarningsPerShareAbstract_8C6E374ABCC25119E8A643D76F2937E5" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLoss_6B417BABC5EAEE4236D243D76F296F21_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_6B417BABC5EAEE4236D243D76F296F21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net (loss) income attributable to shareholders</link:label>
    <link:label id="lab_us-gaap_NetIncomeLoss_6B417BABC5EAEE4236D243D76F296F21_label_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_6B417BABC5EAEE4236D243D76F296F21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_6B417BABC5EAEE4236D243D76F296F21" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss_6B417BABC5EAEE4236D243D76F296F21" xlink:to="lab_us-gaap_NetIncomeLoss_6B417BABC5EAEE4236D243D76F296F21" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_C83B2AAFC03879953C2243D76F2A4EA1_verboseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_C83B2AAFC03879953C2243D76F2A4EA1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Weighted Average Shares Outstanding - Basic (in shares)</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_C83B2AAFC03879953C2243D76F2A4EA1_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_C83B2AAFC03879953C2243D76F2A4EA1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_C83B2AAFC03879953C2243D76F2A4EA1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_C83B2AAFC03879953C2243D76F2A4EA1" xlink:to="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_C83B2AAFC03879953C2243D76F2A4EA1" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_DE7AB6F78C6A7E1EEBC143D76F2AA0C1_verboseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_DE7AB6F78C6A7E1EEBC143D76F2AA0C1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Weighted Average Shares Outstanding - Diluted (in shares)</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_DE7AB6F78C6A7E1EEBC143D76F2AA0C1_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_DE7AB6F78C6A7E1EEBC143D76F2AA0C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_DE7AB6F78C6A7E1EEBC143D76F2AA0C1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_DE7AB6F78C6A7E1EEBC143D76F2AA0C1" xlink:to="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_DE7AB6F78C6A7E1EEBC143D76F2AA0C1" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasicAndDiluted_3140FC44C7BCE4174F9F43D76F2A1BD9_verboseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDiluted_3140FC44C7BCE4174F9F43D76F2A1BD9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Basic and Diluted EPS (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasicAndDiluted_3140FC44C7BCE4174F9F43D76F2A1BD9_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDiluted_3140FC44C7BCE4174F9F43D76F2A1BD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic and Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EarningsPerShareBasicAndDiluted" xlink:label="loc_us-gaap_EarningsPerShareBasicAndDiluted_3140FC44C7BCE4174F9F43D76F2A1BD9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasicAndDiluted_3140FC44C7BCE4174F9F43D76F2A1BD9" xlink:to="lab_us-gaap_EarningsPerShareBasicAndDiluted_3140FC44C7BCE4174F9F43D76F2A1BD9" xlink:type="arc" />
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_48A0C87AF2A4A9ED843543D76F2A63FD_terseLabel_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_48A0C87AF2A4A9ED843543D76F2A63FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Antidilutive shares excluded from the calculation of diluted EPS (in shares)</link:label>
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_48A0C87AF2A4A9ED843543D76F2A63FD_label_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_48A0C87AF2A4A9ED843543D76F2A63FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_48A0C87AF2A4A9ED843543D76F2A63FD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_48A0C87AF2A4A9ED843543D76F2A63FD" xlink:to="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_48A0C87AF2A4A9ED843543D76F2A63FD" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_C1C7D302F6F8C1788D245D0192FDCD8D_label_en-US" xlink:label="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_C1C7D302F6F8C1788D245D0192FDCD8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Compensation Related Costs, Share-based Payments [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_C1C7D302F6F8C1788D245D0192FDCD8D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_C1C7D302F6F8C1788D245D0192FDCD8D" xlink:to="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_C1C7D302F6F8C1788D245D0192FDCD8D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_A068181A3E18146016FC5D0192FF1C98_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_A068181A3E18146016FC5D0192FF1C98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_A068181A3E18146016FC5D0192FF1C98_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_A068181A3E18146016FC5D0192FF1C98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_A068181A3E18146016FC5D0192FF1C98" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_A068181A3E18146016FC5D0192FF1C98" xlink:to="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_A068181A3E18146016FC5D0192FF1C98" xlink:type="arc" />
    <link:label id="lab_us-gaap_AwardTypeAxis_0CD196BC4E244CFCF3695D019300E6B5_terseLabel_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_0CD196BC4E244CFCF3695D019300E6B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Type [Axis]</link:label>
    <link:label id="lab_us-gaap_AwardTypeAxis_0CD196BC4E244CFCF3695D019300E6B5_label_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_0CD196BC4E244CFCF3695D019300E6B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Award Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaap_AwardTypeAxis_0CD196BC4E244CFCF3695D019300E6B5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AwardTypeAxis_0CD196BC4E244CFCF3695D019300E6B5" xlink:to="lab_us-gaap_AwardTypeAxis_0CD196BC4E244CFCF3695D019300E6B5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_19D99C2690228DFC86655D0193009866_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_19D99C2690228DFC86655D0193009866" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Award [Domain]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_19D99C2690228DFC86655D0193009866_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_19D99C2690228DFC86655D0193009866" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Award [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_19D99C2690228DFC86655D0193009866" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_19D99C2690228DFC86655D0193009866" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_19D99C2690228DFC86655D0193009866" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedStockMember_FEF2BF908F32FF0ADABA5D019300DD46_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedStockMember_FEF2BF908F32FF0ADABA5D019300DD46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted Shares</link:label>
    <link:label id="lab_us-gaap_RestrictedStockMember_FEF2BF908F32FF0ADABA5D019300DD46_label_en-US" xlink:label="lab_us-gaap_RestrictedStockMember_FEF2BF908F32FF0ADABA5D019300DD46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="loc_us-gaap_RestrictedStockMember_FEF2BF908F32FF0ADABA5D019300DD46" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedStockMember_FEF2BF908F32FF0ADABA5D019300DD46" xlink:to="lab_us-gaap_RestrictedStockMember_FEF2BF908F32FF0ADABA5D019300DD46" xlink:type="arc" />
    <link:label id="lab_ftai_CommonStockUnitsMember_E0602CA68AE98B46A4FE5D019301E2A3_terseLabel_en-US" xlink:label="lab_ftai_CommonStockUnitsMember_E0602CA68AE98B46A4FE5D019301E2A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Stock Units [Member]</link:label>
    <link:label id="lab_ftai_CommonStockUnitsMember_E0602CA68AE98B46A4FE5D019301E2A3_label_en-US" xlink:label="lab_ftai_CommonStockUnitsMember_E0602CA68AE98B46A4FE5D019301E2A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock Units [Member]</link:label>
    <link:label id="lab_ftai_CommonStockUnitsMember_E0602CA68AE98B46A4FE5D019301E2A3_documentation_en-US" xlink:label="lab_ftai_CommonStockUnitsMember_E0602CA68AE98B46A4FE5D019301E2A3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Stock Units [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CommonStockUnitsMember" xlink:label="loc_ftai_CommonStockUnitsMember_E0602CA68AE98B46A4FE5D019301E2A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CommonStockUnitsMember_E0602CA68AE98B46A4FE5D019301E2A3" xlink:to="lab_ftai_CommonStockUnitsMember_E0602CA68AE98B46A4FE5D019301E2A3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_528A8625D80AC8F539F25D0193019531_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_528A8625D80AC8F539F25D0193019531" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_528A8625D80AC8F539F25D0193019531_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_528A8625D80AC8F539F25D0193019531" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_528A8625D80AC8F539F25D0193019531" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_528A8625D80AC8F539F25D0193019531" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_528A8625D80AC8F539F25D0193019531" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_61AE0DCBD54A9C3BDCAD5D0193011200_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_61AE0DCBD54A9C3BDCAD5D0193011200" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_61AE0DCBD54A9C3BDCAD5D0193011200_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_61AE0DCBD54A9C3BDCAD5D0193011200" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_61AE0DCBD54A9C3BDCAD5D0193011200" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_61AE0DCBD54A9C3BDCAD5D0193011200" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_61AE0DCBD54A9C3BDCAD5D0193011200" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_90CD0F7F5CE91879AA2E5D0193016283_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_90CD0F7F5CE91879AA2E5D0193016283" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning, Units outstanding</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_90CD0F7F5CE91879AA2E5D0193016283_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_90CD0F7F5CE91879AA2E5D0193016283" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_90CD0F7F5CE91879AA2E5D0193016283" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_90CD0F7F5CE91879AA2E5D0193016283" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_90CD0F7F5CE91879AA2E5D0193016283" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_BFAF6A7E8C18A11C7EAA5D01930125D6_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_BFAF6A7E8C18A11C7EAA5D01930125D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Granted</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_BFAF6A7E8C18A11C7EAA5D01930125D6_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_BFAF6A7E8C18A11C7EAA5D01930125D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_BFAF6A7E8C18A11C7EAA5D01930125D6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_BFAF6A7E8C18A11C7EAA5D01930125D6" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_BFAF6A7E8C18A11C7EAA5D01930125D6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_E303C1C57B9D3586717A5D01930383E2_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_E303C1C57B9D3586717A5D01930383E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: vested</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_E303C1C57B9D3586717A5D01930383E2_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_E303C1C57B9D3586717A5D01930383E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_E303C1C57B9D3586717A5D01930383E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_E303C1C57B9D3586717A5D01930383E2" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_E303C1C57B9D3586717A5D01930383E2" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_072D0D354D7BDE5840F15D0193036DBA_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_072D0D354D7BDE5840F15D0193036DBA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: forfeited and canceled</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_072D0D354D7BDE5840F15D0193036DBA_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_072D0D354D7BDE5840F15D0193036DBA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_072D0D354D7BDE5840F15D0193036DBA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_072D0D354D7BDE5840F15D0193036DBA" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_072D0D354D7BDE5840F15D0193036DBA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_331CE3E06FC6329F8ED65D0193030D13_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_331CE3E06FC6329F8ED65D0193030D13" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending, units outstanding and exercisable as of December 31, 2016</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_331CE3E06FC6329F8ED65D0193030D13" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_331CE3E06FC6329F8ED65D0193030D13" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_331CE3E06FC6329F8ED65D0193030D13" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_92DE969E37944D4DE17F5D01930364D4_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_92DE969E37944D4DE17F5D01930364D4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_92DE969E37944D4DE17F5D01930364D4_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_92DE969E37944D4DE17F5D01930364D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_92DE969E37944D4DE17F5D01930364D4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_92DE969E37944D4DE17F5D01930364D4" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_92DE969E37944D4DE17F5D01930364D4" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_31BAD1108E895A66415F5D0193039D34_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_31BAD1108E895A66415F5D0193039D34" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning, weighted average exercise price (USD per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_31BAD1108E895A66415F5D0193039D34_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_31BAD1108E895A66415F5D0193039D34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_31BAD1108E895A66415F5D0193039D34" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_31BAD1108E895A66415F5D0193039D34" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_31BAD1108E895A66415F5D0193039D34" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_E1CADBAA4A7E89D0F5955D019303BEF6_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_E1CADBAA4A7E89D0F5955D019303BEF6" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Granted</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_E1CADBAA4A7E89D0F5955D019303BEF6_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_E1CADBAA4A7E89D0F5955D019303BEF6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_E1CADBAA4A7E89D0F5955D019303BEF6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_E1CADBAA4A7E89D0F5955D019303BEF6" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_E1CADBAA4A7E89D0F5955D019303BEF6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_283ADAAC584C315DB7D45D019303151F_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_283ADAAC584C315DB7D45D019303151F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: vested</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_283ADAAC584C315DB7D45D019303151F_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_283ADAAC584C315DB7D45D019303151F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_283ADAAC584C315DB7D45D019303151F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_283ADAAC584C315DB7D45D019303151F" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_283ADAAC584C315DB7D45D019303151F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_79BF46FE8489F243D2355D0193037BCB_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_79BF46FE8489F243D2355D0193037BCB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: forfeited and canceled</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_79BF46FE8489F243D2355D0193037BCB_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_79BF46FE8489F243D2355D0193037BCB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_79BF46FE8489F243D2355D0193037BCB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_79BF46FE8489F243D2355D0193037BCB" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_79BF46FE8489F243D2355D0193037BCB" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_7728D34F32838EBAA4F75D019303D970_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_7728D34F32838EBAA4F75D019303D970" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending, weighted average exercise price (USD per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_7728D34F32838EBAA4F75D019303D970" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_7728D34F32838EBAA4F75D019303D970" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_7728D34F32838EBAA4F75D019303D970" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract_941893EC262076B308D95D0193037814_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract_941893EC262076B308D95D0193037814" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value [Abstract]</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract_941893EC262076B308D95D0193037814_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract_941893EC262076B308D95D0193037814" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract_941893EC262076B308D95D0193037814" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract_941893EC262076B308D95D0193037814" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract_941893EC262076B308D95D0193037814" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_0AB3F252F49C51313AB75D019303D2BD_periodStartLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_0AB3F252F49C51313AB75D019303D2BD" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning, aggregate value</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_0AB3F252F49C51313AB75D019303D2BD_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_0AB3F252F49C51313AB75D019303D2BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_0AB3F252F49C51313AB75D019303D2BD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_0AB3F252F49C51313AB75D019303D2BD" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_0AB3F252F49C51313AB75D019303D2BD" xlink:type="arc" />
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueGranted_05AD6E15CFE7D6C903455D01930419B3_terseLabel_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueGranted_05AD6E15CFE7D6C903455D01930419B3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Granted</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueGranted_05AD6E15CFE7D6C903455D01930419B3_label_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueGranted_05AD6E15CFE7D6C903455D01930419B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Granted</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueGranted_05AD6E15CFE7D6C903455D01930419B3_documentation_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueGranted_05AD6E15CFE7D6C903455D01930419B3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Granted</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueGranted" xlink:label="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueGranted_05AD6E15CFE7D6C903455D01930419B3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueGranted_05AD6E15CFE7D6C903455D01930419B3" xlink:to="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueGranted_05AD6E15CFE7D6C903455D01930419B3" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested_77FA4B3058F181D0BEA35D0193041831_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested_77FA4B3058F181D0BEA35D0193041831" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: vested</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested_77FA4B3058F181D0BEA35D0193041831_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested_77FA4B3058F181D0BEA35D0193041831" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Vested</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested_77FA4B3058F181D0BEA35D0193041831" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested_77FA4B3058F181D0BEA35D0193041831" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested_77FA4B3058F181D0BEA35D0193041831" xlink:type="arc" />
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueForfeitedandCanceled_C58A6BFF86874044509B5D0193044EF0_terseLabel_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueForfeitedandCanceled_C58A6BFF86874044509B5D0193044EF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: forfeited and canceled</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueForfeitedandCanceled_C58A6BFF86874044509B5D0193044EF0_label_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueForfeitedandCanceled_C58A6BFF86874044509B5D0193044EF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Forfeited and Canceled</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueForfeitedandCanceled_C58A6BFF86874044509B5D0193044EF0_documentation_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueForfeitedandCanceled_C58A6BFF86874044509B5D0193044EF0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Forfeited and Canceled</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueForfeitedandCanceled" xlink:label="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueForfeitedandCanceled_C58A6BFF86874044509B5D0193044EF0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueForfeitedandCanceled_C58A6BFF86874044509B5D0193044EF0" xlink:to="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAggregateIntrinsicValueForfeitedandCanceled_C58A6BFF86874044509B5D0193044EF0" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_CC17B9139D058B32832D5D01930435F2_periodEndLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_CC17B9139D058B32832D5D01930435F2" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending, aggregate value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_CC17B9139D058B32832D5D01930435F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_CC17B9139D058B32832D5D01930435F2" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_CC17B9139D058B32832D5D01930435F2" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms_36D36A0AA2D1DC6EF0FE5D01930403B0_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms_36D36A0AA2D1DC6EF0FE5D01930403B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted Average Remaining Contractual Term (in years)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms_36D36A0AA2D1DC6EF0FE5D01930403B0_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms_36D36A0AA2D1DC6EF0FE5D01930403B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms_36D36A0AA2D1DC6EF0FE5D01930403B0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms_36D36A0AA2D1DC6EF0FE5D01930403B0" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms_36D36A0AA2D1DC6EF0FE5D01930403B0" xlink:type="arc" />
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedWeightedAverageRemainingContractualTerms_ECF4950AD2D9CF7839A45D0193048720_terseLabel_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedWeightedAverageRemainingContractualTerms_ECF4950AD2D9CF7839A45D0193048720" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Granted, weighted average remaining contractual term</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedWeightedAverageRemainingContractualTerms_ECF4950AD2D9CF7839A45D0193048720_label_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedWeightedAverageRemainingContractualTerms_ECF4950AD2D9CF7839A45D0193048720" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Granted, Weighted Average Remaining Contractual Terms</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedWeightedAverageRemainingContractualTerms_ECF4950AD2D9CF7839A45D0193048720_documentation_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedWeightedAverageRemainingContractualTerms_ECF4950AD2D9CF7839A45D0193048720" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Granted, Weighted Average Remaining Contractual Terms</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedWeightedAverageRemainingContractualTerms" xlink:label="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedWeightedAverageRemainingContractualTerms_ECF4950AD2D9CF7839A45D0193048720" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedWeightedAverageRemainingContractualTerms_ECF4950AD2D9CF7839A45D0193048720" xlink:to="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedWeightedAverageRemainingContractualTerms_ECF4950AD2D9CF7839A45D0193048720" xlink:type="arc" />
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsOutstandingandExercisableWeightedAverageRemainingContractualTerms_69BCDFA84A12AF03A50F5D019304913D_terseLabel_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsOutstandingandExercisableWeightedAverageRemainingContractualTerms_69BCDFA84A12AF03A50F5D019304913D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outstanding and exercisable, weighted average remaining contractual term</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsOutstandingandExercisableWeightedAverageRemainingContractualTerms_69BCDFA84A12AF03A50F5D019304913D_label_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsOutstandingandExercisableWeightedAverageRemainingContractualTerms_69BCDFA84A12AF03A50F5D019304913D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding and Exercisable, Weighted Average Remaining Contractual Terms</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsOutstandingandExercisableWeightedAverageRemainingContractualTerms_69BCDFA84A12AF03A50F5D019304913D_documentation_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsOutstandingandExercisableWeightedAverageRemainingContractualTerms_69BCDFA84A12AF03A50F5D019304913D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding and Exercisable, Weighted Average Remaining Contractual Terms</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsOutstandingandExercisableWeightedAverageRemainingContractualTerms" xlink:label="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsOutstandingandExercisableWeightedAverageRemainingContractualTerms_69BCDFA84A12AF03A50F5D019304913D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsOutstandingandExercisableWeightedAverageRemainingContractualTerms_69BCDFA84A12AF03A50F5D019304913D" xlink:to="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsOutstandingandExercisableWeightedAverageRemainingContractualTerms_69BCDFA84A12AF03A50F5D019304913D" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfFinancialPositionAbstract_769BA4D0D7482C0B52A55C488A7EBDBC_label_en-US" xlink:label="lab_us-gaap_StatementOfFinancialPositionAbstract_769BA4D0D7482C0B52A55C488A7EBDBC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Financial Position [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaap_StatementOfFinancialPositionAbstract_769BA4D0D7482C0B52A55C488A7EBDBC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_769BA4D0D7482C0B52A55C488A7EBDBC" xlink:to="lab_us-gaap_StatementOfFinancialPositionAbstract_769BA4D0D7482C0B52A55C488A7EBDBC" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecurities_832209A3081A4A894AB15C488A7E5EB2_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecurities_832209A3081A4A894AB15C488A7E5EB2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Available-for-sale securities</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecurities_832209A3081A4A894AB15C488A7E5EB2_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecurities_832209A3081A4A894AB15C488A7E5EB2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="loc_us-gaap_AvailableForSaleSecurities_832209A3081A4A894AB15C488A7E5EB2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecurities_832209A3081A4A894AB15C488A7E5EB2" xlink:to="lab_us-gaap_AvailableForSaleSecurities_832209A3081A4A894AB15C488A7E5EB2" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_521831C4F4CA2D2D539E5C488A7EA7C9_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_521831C4F4CA2D2D539E5C488A7EA7C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, par value (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_521831C4F4CA2D2D539E5C488A7EA7C9_label_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_521831C4F4CA2D2D539E5C488A7EA7C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Par or Stated Value Per Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_CommonStockParOrStatedValuePerShare_521831C4F4CA2D2D539E5C488A7EA7C9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockParOrStatedValuePerShare_521831C4F4CA2D2D539E5C488A7EA7C9" xlink:to="lab_us-gaap_CommonStockParOrStatedValuePerShare_521831C4F4CA2D2D539E5C488A7EA7C9" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesAuthorized_4BE867462753896736515C488A7FB40D_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_4BE867462753896736515C488A7FB40D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares authorized (in shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesAuthorized_4BE867462753896736515C488A7FB40D_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_4BE867462753896736515C488A7FB40D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares Authorized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_4BE867462753896736515C488A7FB40D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesAuthorized_4BE867462753896736515C488A7FB40D" xlink:to="lab_us-gaap_CommonStockSharesAuthorized_4BE867462753896736515C488A7FB40D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesIssued_823EA176A54C8FB8A6075C488A7F1917_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_823EA176A54C8FB8A6075C488A7F1917" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares issued (in shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesIssued_823EA176A54C8FB8A6075C488A7F1917_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_823EA176A54C8FB8A6075C488A7F1917" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaap_CommonStockSharesIssued_823EA176A54C8FB8A6075C488A7F1917" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesIssued_823EA176A54C8FB8A6075C488A7F1917" xlink:to="lab_us-gaap_CommonStockSharesIssued_823EA176A54C8FB8A6075C488A7F1917" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_15DD6FEBAFECFEB261345C488A7F0E82_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_15DD6FEBAFECFEB261345C488A7F0E82" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares outstanding (in shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_15DD6FEBAFECFEB261345C488A7F0E82_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_15DD6FEBAFECFEB261345C488A7F0E82" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_15DD6FEBAFECFEB261345C488A7F0E82" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesOutstanding_15DD6FEBAFECFEB261345C488A7F0E82" xlink:to="lab_us-gaap_CommonStockSharesOutstanding_15DD6FEBAFECFEB261345C488A7F0E82" xlink:type="arc" />
    <link:label id="lab_ftai_IntangibleAssetsandLiabilitiesDisclosureAbstract_AF4F30D41D7499244DD31D39171201DE_label_en-US" xlink:label="lab_ftai_IntangibleAssetsandLiabilitiesDisclosureAbstract_EE8A0C8E06BF515C9AEDD798C4B10E6F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible Assets and Liabilities Disclosure [Abstract]</link:label>
    <link:label id="lab_ftai_IntangibleAssetsandLiabilitiesDisclosureAbstract_AF4F30D41D7499244DD31D39171201DE_documentation_en-US" xlink:label="lab_ftai_IntangibleAssetsandLiabilitiesDisclosureAbstract_EE8A0C8E06BF515C9AEDD798C4B10E6F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Intangible Assets and Liabilities Disclosure [Abstract]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_IntangibleAssetsandLiabilitiesDisclosureAbstract" xlink:label="loc_ftai_IntangibleAssetsandLiabilitiesDisclosureAbstract_EE8A0C8E06BF515C9AEDD798C4B10E6F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_IntangibleAssetsandLiabilitiesDisclosureAbstract_EE8A0C8E06BF515C9AEDD798C4B10E6F" xlink:to="lab_ftai_IntangibleAssetsandLiabilitiesDisclosureAbstract_EE8A0C8E06BF515C9AEDD798C4B10E6F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_95CDD57B8E7CEBAD8E631D391712678F_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_084BE1174CAC5C3295A26B45D797F6B4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Finite-Lived Intangible Assets and Liabilities</link:label>
    <link:label id="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_95CDD57B8E7CEBAD8E631D391712678F_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_084BE1174CAC5C3295A26B45D797F6B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Finite-Lived Intangible Assets [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_084BE1174CAC5C3295A26B45D797F6B4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_084BE1174CAC5C3295A26B45D797F6B4" xlink:to="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_084BE1174CAC5C3295A26B45D797F6B4" xlink:type="arc" />
    <link:label id="lab_ftai_ScheduleofBelowMarketLeasesTableTextBlock_C571973D838D87C60F911D391712961D_terseLabel_en-US" xlink:label="lab_ftai_ScheduleofBelowMarketLeasesTableTextBlock_0613D7BE1EFA5014984E6211759BBD0C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Below Market Leases</link:label>
    <link:label id="lab_ftai_ScheduleofBelowMarketLeasesTableTextBlock_C571973D838D87C60F911D391712961D_label_en-US" xlink:label="lab_ftai_ScheduleofBelowMarketLeasesTableTextBlock_0613D7BE1EFA5014984E6211759BBD0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Below Market Leases [Table Text Block]</link:label>
    <link:label id="lab_ftai_ScheduleofBelowMarketLeasesTableTextBlock_C571973D838D87C60F911D391712961D_documentation_en-US" xlink:label="lab_ftai_ScheduleofBelowMarketLeasesTableTextBlock_0613D7BE1EFA5014984E6211759BBD0C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Below Market Leases [Table Text Block]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ScheduleofBelowMarketLeasesTableTextBlock" xlink:label="loc_ftai_ScheduleofBelowMarketLeasesTableTextBlock_0613D7BE1EFA5014984E6211759BBD0C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ScheduleofBelowMarketLeasesTableTextBlock_0613D7BE1EFA5014984E6211759BBD0C" xlink:to="lab_ftai_ScheduleofBelowMarketLeasesTableTextBlock_0613D7BE1EFA5014984E6211759BBD0C" xlink:type="arc" />
    <link:label id="lab_ftai_ScheduleofIntangibleLiabilitiesTableTextBlock_A0EC24FB196358F4A9C41D3917129156_terseLabel_en-US" xlink:label="lab_ftai_ScheduleofIntangibleLiabilitiesTableTextBlock_DA53C60884D350B3B1FEB0847226FBA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Intangible Liabilities</link:label>
    <link:label id="lab_ftai_ScheduleofIntangibleLiabilitiesTableTextBlock_A0EC24FB196358F4A9C41D3917129156_label_en-US" xlink:label="lab_ftai_ScheduleofIntangibleLiabilitiesTableTextBlock_DA53C60884D350B3B1FEB0847226FBA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Intangible Liabilities [Table Text Block]</link:label>
    <link:label id="lab_ftai_ScheduleofIntangibleLiabilitiesTableTextBlock_A0EC24FB196358F4A9C41D3917129156_documentation_en-US" xlink:label="lab_ftai_ScheduleofIntangibleLiabilitiesTableTextBlock_DA53C60884D350B3B1FEB0847226FBA8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Intangible Liabilities [Table Text Block]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ScheduleofIntangibleLiabilitiesTableTextBlock" xlink:label="loc_ftai_ScheduleofIntangibleLiabilitiesTableTextBlock_DA53C60884D350B3B1FEB0847226FBA8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ScheduleofIntangibleLiabilitiesTableTextBlock_DA53C60884D350B3B1FEB0847226FBA8" xlink:to="lab_ftai_ScheduleofIntangibleLiabilitiesTableTextBlock_DA53C60884D350B3B1FEB0847226FBA8" xlink:type="arc" />
    <link:label id="lab_ftai_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseandBelowMarketLeasesFutureAmortizationIncomeNetTableTextBlock_21684389FA1EB088AB171D391712E098_terseLabel_en-US" xlink:label="lab_ftai_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseandBelowMarketLeasesFutureAmortizationIncomeNetTableTextBlock_450E1C8DBE7D56E9BF0A0BF931CBE816" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Net Annual Amortization of Intangibles</link:label>
    <link:label id="lab_ftai_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseandBelowMarketLeasesFutureAmortizationIncomeNetTableTextBlock_21684389FA1EB088AB171D391712E098_label_en-US" xlink:label="lab_ftai_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseandBelowMarketLeasesFutureAmortizationIncomeNetTableTextBlock_450E1C8DBE7D56E9BF0A0BF931CBE816" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Finite-Lived Intangible Assets, Future Amortization Expense, and Below Market Leases, Future Amortization Income, Net [Table Text Block]</link:label>
    <link:label id="lab_ftai_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseandBelowMarketLeasesFutureAmortizationIncomeNetTableTextBlock_21684389FA1EB088AB171D391712E098_documentation_en-US" xlink:label="lab_ftai_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseandBelowMarketLeasesFutureAmortizationIncomeNetTableTextBlock_450E1C8DBE7D56E9BF0A0BF931CBE816" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Finite-Lived Intangible Assets and Below Market Leases, Amortization Expense, Net [Table Text Block]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseandBelowMarketLeasesFutureAmortizationIncomeNetTableTextBlock" xlink:label="loc_ftai_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseandBelowMarketLeasesFutureAmortizationIncomeNetTableTextBlock_450E1C8DBE7D56E9BF0A0BF931CBE816" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseandBelowMarketLeasesFutureAmortizationIncomeNetTableTextBlock_450E1C8DBE7D56E9BF0A0BF931CBE816" xlink:to="lab_ftai_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseandBelowMarketLeasesFutureAmortizationIncomeNetTableTextBlock_450E1C8DBE7D56E9BF0A0BF931CBE816" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingAbstract_43CF2DB976C2347E1B745C4887BF0E8F_label_en-US" xlink:label="lab_us-gaap_SegmentReportingAbstract_43CF2DB976C2347E1B745C4887BF0E8F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reporting [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SegmentReportingAbstract" xlink:label="loc_us-gaap_SegmentReportingAbstract_43CF2DB976C2347E1B745C4887BF0E8F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingAbstract_43CF2DB976C2347E1B745C4887BF0E8F" xlink:to="lab_us-gaap_SegmentReportingAbstract_43CF2DB976C2347E1B745C4887BF0E8F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_6748D91F7018F55E44A85C4887C04098_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_6748D91F7018F55E44A85C4887C04098" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Segment Reporting Information, by Segment</link:label>
    <link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_6748D91F7018F55E44A85C4887C04098_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_6748D91F7018F55E44A85C4887C04098" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Segment Reporting Information, by Segment [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xlink:label="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_6748D91F7018F55E44A85C4887C04098" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_6748D91F7018F55E44A85C4887C04098" xlink:to="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_6748D91F7018F55E44A85C4887C04098" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock_08EDDFAB69B12597635A5C4887C06516_terseLabel_en-US" xlink:label="lab_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock_08EDDFAB69B12597635A5C4887C06516" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of Operating Profit (Loss) from Segments to Consolidated</link:label>
    <link:label id="lab_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock_08EDDFAB69B12597635A5C4887C06516_label_en-US" xlink:label="lab_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock_08EDDFAB69B12597635A5C4887C06516" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock" xlink:label="loc_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock_08EDDFAB69B12597635A5C4887C06516" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock_08EDDFAB69B12597635A5C4887C06516" xlink:to="lab_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock_08EDDFAB69B12597635A5C4887C06516" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock_787F7550FAC949E6B1945C4887C09C6F_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock_787F7550FAC949E6B1945C4887C09C6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue from External Customers by Geographic Areas</link:label>
    <link:label id="lab_us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock_787F7550FAC949E6B1945C4887C09C6F_label_en-US" xlink:label="lab_us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock_787F7550FAC949E6B1945C4887C09C6F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from External Customers by Geographic Areas [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock" xlink:label="loc_us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock_787F7550FAC949E6B1945C4887C09C6F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock_787F7550FAC949E6B1945C4887C09C6F" xlink:to="lab_us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock_787F7550FAC949E6B1945C4887C09C6F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock_29C0F28752E12466E0FE5C4887C0D649_terseLabel_en-US" xlink:label="lab_us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock_29C0F28752E12466E0FE5C4887C0D649" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of Other Significant Reconciling Items from Segments to Consolidated</link:label>
    <link:label id="lab_us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock_29C0F28752E12466E0FE5C4887C0D649_label_en-US" xlink:label="lab_us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock_29C0F28752E12466E0FE5C4887C0D649" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock" xlink:label="loc_us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock_29C0F28752E12466E0FE5C4887C0D649" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock_29C0F28752E12466E0FE5C4887C0D649" xlink:to="lab_us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock_29C0F28752E12466E0FE5C4887C0D649" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock_8C569DC54160295D46525C4887C07312_terseLabel_en-US" xlink:label="lab_us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock_8C569DC54160295D46525C4887C07312" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-lived Assets by Geographic Areas</link:label>
    <link:label id="lab_us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock_8C569DC54160295D46525C4887C07312_label_en-US" xlink:label="lab_us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock_8C569DC54160295D46525C4887C07312" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-lived Assets by Geographic Areas [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock" xlink:label="loc_us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock_8C569DC54160295D46525C4887C07312" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock_8C569DC54160295D46525C4887C07312" xlink:to="lab_us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock_8C569DC54160295D46525C4887C07312" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_FD1120A6D764F98F506D43BF98504DFC_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_FD1120A6D764F98F506D43BF98504DFC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Segment Reporting Information, by Segment [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_FD1120A6D764F98F506D43BF98504DFC_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_FD1120A6D764F98F506D43BF98504DFC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Segment Reporting Information, by Segment [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_FD1120A6D764F98F506D43BF98504DFC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_FD1120A6D764F98F506D43BF98504DFC" xlink:to="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_FD1120A6D764F98F506D43BF98504DFC" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementGeographicalAxis_9025191E97AD1272592A43BF98515747_terseLabel_en-US" xlink:label="lab_us-gaap_StatementGeographicalAxis_9025191E97AD1272592A43BF98515747" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementGeographicalAxis_9025191E97AD1272592A43BF98515747_label_en-US" xlink:label="lab_us-gaap_StatementGeographicalAxis_9025191E97AD1272592A43BF98515747" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="loc_us-gaap_StatementGeographicalAxis_9025191E97AD1272592A43BF98515747" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementGeographicalAxis_9025191E97AD1272592A43BF98515747" xlink:to="lab_us-gaap_StatementGeographicalAxis_9025191E97AD1272592A43BF98515747" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentGeographicalDomain_D532FBE6512A25185E0543BF98519245_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentGeographicalDomain_D532FBE6512A25185E0543BF98519245" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical [Domain]</link:label>
    <link:label id="lab_us-gaap_SegmentGeographicalDomain_D532FBE6512A25185E0543BF98519245_label_en-US" xlink:label="lab_us-gaap_SegmentGeographicalDomain_D532FBE6512A25185E0543BF98519245" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="loc_us-gaap_SegmentGeographicalDomain_D532FBE6512A25185E0543BF98519245" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentGeographicalDomain_D532FBE6512A25185E0543BF98519245" xlink:to="lab_us-gaap_SegmentGeographicalDomain_D532FBE6512A25185E0543BF98519245" xlink:type="arc" />
    <link:label id="lab_us-gaap_AfricaMember_C55BCA8AC97E37ECFCC843BF9852BEFF_terseLabel_en-US" xlink:label="lab_us-gaap_AfricaMember_C55BCA8AC97E37ECFCC843BF9852BEFF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Africa</link:label>
    <link:label id="lab_us-gaap_AfricaMember_C55BCA8AC97E37ECFCC843BF9852BEFF_label_en-US" xlink:label="lab_us-gaap_AfricaMember_C55BCA8AC97E37ECFCC843BF9852BEFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Africa [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AfricaMember" xlink:label="loc_us-gaap_AfricaMember_C55BCA8AC97E37ECFCC843BF9852BEFF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AfricaMember_C55BCA8AC97E37ECFCC843BF9852BEFF" xlink:to="lab_us-gaap_AfricaMember_C55BCA8AC97E37ECFCC843BF9852BEFF" xlink:type="arc" />
    <link:label id="lab_us-gaap_AsiaMember_26DDD46C11C28DF9492943BF985252B7_terseLabel_en-US" xlink:label="lab_us-gaap_AsiaMember_26DDD46C11C28DF9492943BF985252B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asia</link:label>
    <link:label id="lab_us-gaap_AsiaMember_26DDD46C11C28DF9492943BF985252B7_label_en-US" xlink:label="lab_us-gaap_AsiaMember_26DDD46C11C28DF9492943BF985252B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asia [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AsiaMember" xlink:label="loc_us-gaap_AsiaMember_26DDD46C11C28DF9492943BF985252B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AsiaMember_26DDD46C11C28DF9492943BF985252B7" xlink:to="lab_us-gaap_AsiaMember_26DDD46C11C28DF9492943BF985252B7" xlink:type="arc" />
    <link:label id="lab_us-gaap_EuropeMember_5AFA4419FB93B4DB175843BF98531778_terseLabel_en-US" xlink:label="lab_us-gaap_EuropeMember_5AFA4419FB93B4DB175843BF98531778" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Europe</link:label>
    <link:label id="lab_us-gaap_EuropeMember_5AFA4419FB93B4DB175843BF98531778_label_en-US" xlink:label="lab_us-gaap_EuropeMember_5AFA4419FB93B4DB175843BF98531778" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Europe [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EuropeMember" xlink:label="loc_us-gaap_EuropeMember_5AFA4419FB93B4DB175843BF98531778" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EuropeMember_5AFA4419FB93B4DB175843BF98531778" xlink:to="lab_us-gaap_EuropeMember_5AFA4419FB93B4DB175843BF98531778" xlink:type="arc" />
    <link:label id="lab_us-gaap_NorthAmericaMember_FBCA1130A700AD62906743BF9853FD0F_terseLabel_en-US" xlink:label="lab_us-gaap_NorthAmericaMember_FBCA1130A700AD62906743BF9853FD0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">North America</link:label>
    <link:label id="lab_us-gaap_NorthAmericaMember_FBCA1130A700AD62906743BF9853FD0F_label_en-US" xlink:label="lab_us-gaap_NorthAmericaMember_FBCA1130A700AD62906743BF9853FD0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">North America [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NorthAmericaMember" xlink:label="loc_us-gaap_NorthAmericaMember_FBCA1130A700AD62906743BF9853FD0F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NorthAmericaMember_FBCA1130A700AD62906743BF9853FD0F" xlink:to="lab_us-gaap_NorthAmericaMember_FBCA1130A700AD62906743BF9853FD0F" xlink:type="arc" />
    <link:label id="lab_us-gaap_SouthAmericaMember_B0C98825826D08B442A043BF98539803_terseLabel_en-US" xlink:label="lab_us-gaap_SouthAmericaMember_B0C98825826D08B442A043BF98539803" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">South America</link:label>
    <link:label id="lab_us-gaap_SouthAmericaMember_B0C98825826D08B442A043BF98539803_label_en-US" xlink:label="lab_us-gaap_SouthAmericaMember_B0C98825826D08B442A043BF98539803" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">South America [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SouthAmericaMember" xlink:label="loc_us-gaap_SouthAmericaMember_B0C98825826D08B442A043BF98539803" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SouthAmericaMember_B0C98825826D08B442A043BF98539803" xlink:to="lab_us-gaap_SouthAmericaMember_B0C98825826D08B442A043BF98539803" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConsolidationItemsAxis_ADEBDA2C3D668FB682CF43BF985A2A0E_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationItemsAxis_ADEBDA2C3D668FB682CF43BF985A2A0E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidation Items [Axis]</link:label>
    <link:label id="lab_us-gaap_ConsolidationItemsAxis_ADEBDA2C3D668FB682CF43BF985A2A0E_label_en-US" xlink:label="lab_us-gaap_ConsolidationItemsAxis_ADEBDA2C3D668FB682CF43BF985A2A0E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation Items [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConsolidationItemsAxis" xlink:label="loc_us-gaap_ConsolidationItemsAxis_ADEBDA2C3D668FB682CF43BF985A2A0E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationItemsAxis_ADEBDA2C3D668FB682CF43BF985A2A0E" xlink:to="lab_us-gaap_ConsolidationItemsAxis_ADEBDA2C3D668FB682CF43BF985A2A0E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConsolidationItemsDomain_945789362A0EDC64373843BF985A754F_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationItemsDomain_945789362A0EDC64373843BF985A754F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidation Items [Domain]</link:label>
    <link:label id="lab_us-gaap_ConsolidationItemsDomain_945789362A0EDC64373843BF985A754F_label_en-US" xlink:label="lab_us-gaap_ConsolidationItemsDomain_945789362A0EDC64373843BF985A754F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation Items [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="loc_us-gaap_ConsolidationItemsDomain_945789362A0EDC64373843BF985A754F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationItemsDomain_945789362A0EDC64373843BF985A754F" xlink:to="lab_us-gaap_ConsolidationItemsDomain_945789362A0EDC64373843BF985A754F" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingSegmentsMember_380A5B8856EC9933EADE43BF985A0163_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingSegmentsMember_380A5B8856EC9933EADE43BF985A0163" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Segments</link:label>
    <link:label id="lab_us-gaap_OperatingSegmentsMember_380A5B8856EC9933EADE43BF985A0163_label_en-US" xlink:label="lab_us-gaap_OperatingSegmentsMember_380A5B8856EC9933EADE43BF985A0163" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Segments [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingSegmentsMember" xlink:label="loc_us-gaap_OperatingSegmentsMember_380A5B8856EC9933EADE43BF985A0163" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingSegmentsMember_380A5B8856EC9933EADE43BF985A0163" xlink:to="lab_us-gaap_OperatingSegmentsMember_380A5B8856EC9933EADE43BF985A0163" xlink:type="arc" />
    <link:label id="lab_us-gaap_CorporateNonSegmentMember_40BBF619FE915AC9A93343BF985B5A0F_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateNonSegmentMember_40BBF619FE915AC9A93343BF985B5A0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate</link:label>
    <link:label id="lab_us-gaap_CorporateNonSegmentMember_40BBF619FE915AC9A93343BF985B5A0F_label_en-US" xlink:label="lab_us-gaap_CorporateNonSegmentMember_40BBF619FE915AC9A93343BF985B5A0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate, Non-Segment [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CorporateNonSegmentMember" xlink:label="loc_us-gaap_CorporateNonSegmentMember_40BBF619FE915AC9A93343BF985B5A0F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CorporateNonSegmentMember_40BBF619FE915AC9A93343BF985B5A0F" xlink:to="lab_us-gaap_CorporateNonSegmentMember_40BBF619FE915AC9A93343BF985B5A0F" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsegmentsConsolidationItemsAxis_F2106D06F1BEB805E3AE43BF985BF70E_terseLabel_en-US" xlink:label="lab_us-gaap_SubsegmentsConsolidationItemsAxis_F2106D06F1BEB805E3AE43BF985BF70E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsegments Consolidation Items [Axis]</link:label>
    <link:label id="lab_us-gaap_SubsegmentsConsolidationItemsAxis_F2106D06F1BEB805E3AE43BF985BF70E_label_en-US" xlink:label="lab_us-gaap_SubsegmentsConsolidationItemsAxis_F2106D06F1BEB805E3AE43BF985BF70E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsegments Consolidation Items [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsegmentsConsolidationItemsAxis" xlink:label="loc_us-gaap_SubsegmentsConsolidationItemsAxis_F2106D06F1BEB805E3AE43BF985BF70E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsegmentsConsolidationItemsAxis_F2106D06F1BEB805E3AE43BF985BF70E" xlink:to="lab_us-gaap_SubsegmentsConsolidationItemsAxis_F2106D06F1BEB805E3AE43BF985BF70E" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsegmentsConsolidationItemsDomain_3BFD4D75E7361AC83CB043BF985C5FE3_terseLabel_en-US" xlink:label="lab_us-gaap_SubsegmentsConsolidationItemsDomain_3BFD4D75E7361AC83CB043BF985C5FE3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsegments Consolidation Items [Domain]</link:label>
    <link:label id="lab_us-gaap_SubsegmentsConsolidationItemsDomain_3BFD4D75E7361AC83CB043BF985C5FE3_label_en-US" xlink:label="lab_us-gaap_SubsegmentsConsolidationItemsDomain_3BFD4D75E7361AC83CB043BF985C5FE3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsegments Consolidation Items [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsegmentsConsolidationItemsDomain" xlink:label="loc_us-gaap_SubsegmentsConsolidationItemsDomain_3BFD4D75E7361AC83CB043BF985C5FE3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsegmentsConsolidationItemsDomain_3BFD4D75E7361AC83CB043BF985C5FE3" xlink:to="lab_us-gaap_SubsegmentsConsolidationItemsDomain_3BFD4D75E7361AC83CB043BF985C5FE3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReportableSubsegmentsMember_0A370D4FD9D7B3D5631243BF985C419F_terseLabel_en-US" xlink:label="lab_us-gaap_ReportableSubsegmentsMember_0A370D4FD9D7B3D5631243BF985C419F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reportable Subsegments</link:label>
    <link:label id="lab_us-gaap_ReportableSubsegmentsMember_0A370D4FD9D7B3D5631243BF985C419F_label_en-US" xlink:label="lab_us-gaap_ReportableSubsegmentsMember_0A370D4FD9D7B3D5631243BF985C419F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reportable Subsegments [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ReportableSubsegmentsMember" xlink:label="loc_us-gaap_ReportableSubsegmentsMember_0A370D4FD9D7B3D5631243BF985C419F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReportableSubsegmentsMember_0A370D4FD9D7B3D5631243BF985C419F" xlink:to="lab_us-gaap_ReportableSubsegmentsMember_0A370D4FD9D7B3D5631243BF985C419F" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementBusinessSegmentsAxis_65426AAB1FE79F01C80443BF985C753F_terseLabel_en-US" xlink:label="lab_us-gaap_StatementBusinessSegmentsAxis_65426AAB1FE79F01C80443BF985C753F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segments [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementBusinessSegmentsAxis_65426AAB1FE79F01C80443BF985C753F_label_en-US" xlink:label="lab_us-gaap_StatementBusinessSegmentsAxis_65426AAB1FE79F01C80443BF985C753F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_us-gaap_StatementBusinessSegmentsAxis_65426AAB1FE79F01C80443BF985C753F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementBusinessSegmentsAxis_65426AAB1FE79F01C80443BF985C753F" xlink:to="lab_us-gaap_StatementBusinessSegmentsAxis_65426AAB1FE79F01C80443BF985C753F" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentDomain_EA623C7B32F640D7C9B243BF985D5612_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentDomain_EA623C7B32F640D7C9B243BF985D5612" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segments [Domain]</link:label>
    <link:label id="lab_us-gaap_SegmentDomain_EA623C7B32F640D7C9B243BF985D5612_label_en-US" xlink:label="lab_us-gaap_SegmentDomain_EA623C7B32F640D7C9B243BF985D5612" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaap_SegmentDomain_EA623C7B32F640D7C9B243BF985D5612" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentDomain_EA623C7B32F640D7C9B243BF985D5612" xlink:to="lab_us-gaap_SegmentDomain_EA623C7B32F640D7C9B243BF985D5612" xlink:type="arc" />
    <link:label id="lab_ftai_EquipmentLeasingMember_E89A734645E4ECD3666C43BF985ECA3B_terseLabel_en-US" xlink:label="lab_ftai_EquipmentLeasingMember_E89A734645E4ECD3666C43BF985ECA3B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equipment Leasing</link:label>
    <link:label id="lab_ftai_EquipmentLeasingMember_E89A734645E4ECD3666C43BF985ECA3B_label_en-US" xlink:label="lab_ftai_EquipmentLeasingMember_E89A734645E4ECD3666C43BF985ECA3B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equipment Leasing [Member]</link:label>
    <link:label id="lab_ftai_EquipmentLeasingMember_E89A734645E4ECD3666C43BF985ECA3B_documentation_en-US" xlink:label="lab_ftai_EquipmentLeasingMember_E89A734645E4ECD3666C43BF985ECA3B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equipment Leasing [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_EquipmentLeasingMember" xlink:label="loc_ftai_EquipmentLeasingMember_E89A734645E4ECD3666C43BF985ECA3B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_EquipmentLeasingMember_E89A734645E4ECD3666C43BF985ECA3B" xlink:to="lab_ftai_EquipmentLeasingMember_E89A734645E4ECD3666C43BF985ECA3B" xlink:type="arc" />
    <link:label id="lab_ftai_InfrastructureMember_998F8C4DBD69DA89256043BF985E3AF8_terseLabel_en-US" xlink:label="lab_ftai_InfrastructureMember_998F8C4DBD69DA89256043BF985E3AF8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Infrastructure</link:label>
    <link:label id="lab_ftai_InfrastructureMember_998F8C4DBD69DA89256043BF985E3AF8_label_en-US" xlink:label="lab_ftai_InfrastructureMember_998F8C4DBD69DA89256043BF985E3AF8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Infrastructure [Member]</link:label>
    <link:label id="lab_ftai_InfrastructureMember_998F8C4DBD69DA89256043BF985E3AF8_documentation_en-US" xlink:label="lab_ftai_InfrastructureMember_998F8C4DBD69DA89256043BF985E3AF8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Infrastructure [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_InfrastructureMember" xlink:label="loc_ftai_InfrastructureMember_998F8C4DBD69DA89256043BF985E3AF8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_InfrastructureMember_998F8C4DBD69DA89256043BF985E3AF8" xlink:to="lab_ftai_InfrastructureMember_998F8C4DBD69DA89256043BF985E3AF8" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsegmentsAxis_F22D6D7451EB5CE79DE543BF985F4824_terseLabel_en-US" xlink:label="lab_us-gaap_SubsegmentsAxis_F22D6D7451EB5CE79DE543BF985F4824" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsegments [Axis]</link:label>
    <link:label id="lab_us-gaap_SubsegmentsAxis_F22D6D7451EB5CE79DE543BF985F4824_label_en-US" xlink:label="lab_us-gaap_SubsegmentsAxis_F22D6D7451EB5CE79DE543BF985F4824" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsegments [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsegmentsAxis" xlink:label="loc_us-gaap_SubsegmentsAxis_F22D6D7451EB5CE79DE543BF985F4824" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsegmentsAxis_F22D6D7451EB5CE79DE543BF985F4824" xlink:to="lab_us-gaap_SubsegmentsAxis_F22D6D7451EB5CE79DE543BF985F4824" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsegmentsDomain_CFF18CC68C1C06FCB1CF43BF985F3214_terseLabel_en-US" xlink:label="lab_us-gaap_SubsegmentsDomain_CFF18CC68C1C06FCB1CF43BF985F3214" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsegments [Domain]</link:label>
    <link:label id="lab_us-gaap_SubsegmentsDomain_CFF18CC68C1C06FCB1CF43BF985F3214_label_en-US" xlink:label="lab_us-gaap_SubsegmentsDomain_CFF18CC68C1C06FCB1CF43BF985F3214" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsegments [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsegmentsDomain" xlink:label="loc_us-gaap_SubsegmentsDomain_CFF18CC68C1C06FCB1CF43BF985F3214" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsegmentsDomain_CFF18CC68C1C06FCB1CF43BF985F3214" xlink:to="lab_us-gaap_SubsegmentsDomain_CFF18CC68C1C06FCB1CF43BF985F3214" xlink:type="arc" />
    <link:label id="lab_ftai_AviationLeasingMember_C974746BC5181B62166D43BF985F29DE_terseLabel_en-US" xlink:label="lab_ftai_AviationLeasingMember_C974746BC5181B62166D43BF985F29DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aviation Leasing</link:label>
    <link:label id="lab_ftai_AviationLeasingMember_C974746BC5181B62166D43BF985F29DE_label_en-US" xlink:label="lab_ftai_AviationLeasingMember_C974746BC5181B62166D43BF985F29DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Aviation Leasing [Member]</link:label>
    <link:label id="lab_ftai_AviationLeasingMember_C974746BC5181B62166D43BF985F29DE_documentation_en-US" xlink:label="lab_ftai_AviationLeasingMember_C974746BC5181B62166D43BF985F29DE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Aviation Leasing [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_AviationLeasingMember" xlink:label="loc_ftai_AviationLeasingMember_C974746BC5181B62166D43BF985F29DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_AviationLeasingMember_C974746BC5181B62166D43BF985F29DE" xlink:to="lab_ftai_AviationLeasingMember_C974746BC5181B62166D43BF985F29DE" xlink:type="arc" />
    <link:label id="lab_ftai_OffshoreEnergyMember_EB8D267D0F5A86A4FC8C43BF98602B84_terseLabel_en-US" xlink:label="lab_ftai_OffshoreEnergyMember_EB8D267D0F5A86A4FC8C43BF98602B84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Offshore Energy</link:label>
    <link:label id="lab_ftai_OffshoreEnergyMember_EB8D267D0F5A86A4FC8C43BF98602B84_label_en-US" xlink:label="lab_ftai_OffshoreEnergyMember_EB8D267D0F5A86A4FC8C43BF98602B84" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Offshore Energy [Member]</link:label>
    <link:label id="lab_ftai_OffshoreEnergyMember_EB8D267D0F5A86A4FC8C43BF98602B84_documentation_en-US" xlink:label="lab_ftai_OffshoreEnergyMember_EB8D267D0F5A86A4FC8C43BF98602B84" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Offshore Energy [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_OffshoreEnergyMember" xlink:label="loc_ftai_OffshoreEnergyMember_EB8D267D0F5A86A4FC8C43BF98602B84" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_OffshoreEnergyMember_EB8D267D0F5A86A4FC8C43BF98602B84" xlink:to="lab_ftai_OffshoreEnergyMember_EB8D267D0F5A86A4FC8C43BF98602B84" xlink:type="arc" />
    <link:label id="lab_ftai_ShippingContainersMember_EC223DECC75A052C3E2643BF9860AF51_terseLabel_en-US" xlink:label="lab_ftai_ShippingContainersMember_EC223DECC75A052C3E2643BF9860AF51" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shipping Containers</link:label>
    <link:label id="lab_ftai_ShippingContainersMember_EC223DECC75A052C3E2643BF9860AF51_label_en-US" xlink:label="lab_ftai_ShippingContainersMember_EC223DECC75A052C3E2643BF9860AF51" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shipping Containers [Member]</link:label>
    <link:label id="lab_ftai_ShippingContainersMember_EC223DECC75A052C3E2643BF9860AF51_documentation_en-US" xlink:label="lab_ftai_ShippingContainersMember_EC223DECC75A052C3E2643BF9860AF51" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Shipping Containers [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ShippingContainersMember" xlink:label="loc_ftai_ShippingContainersMember_EC223DECC75A052C3E2643BF9860AF51" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ShippingContainersMember_EC223DECC75A052C3E2643BF9860AF51" xlink:to="lab_ftai_ShippingContainersMember_EC223DECC75A052C3E2643BF9860AF51" xlink:type="arc" />
    <link:label id="lab_ftai_JeffersonTerminalMember_6E11BEDA62829721FDEC43BF98613E52_terseLabel_en-US" xlink:label="lab_ftai_JeffersonTerminalMember_6E11BEDA62829721FDEC43BF98613E52" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Jefferson Terminal</link:label>
    <link:label id="lab_ftai_JeffersonTerminalMember_6E11BEDA62829721FDEC43BF98613E52_label_en-US" xlink:label="lab_ftai_JeffersonTerminalMember_6E11BEDA62829721FDEC43BF98613E52" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Jefferson Terminal [Member]</link:label>
    <link:label id="lab_ftai_JeffersonTerminalMember_6E11BEDA62829721FDEC43BF98613E52_documentation_en-US" xlink:label="lab_ftai_JeffersonTerminalMember_6E11BEDA62829721FDEC43BF98613E52" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Jefferson Terminal [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_JeffersonTerminalMember" xlink:label="loc_ftai_JeffersonTerminalMember_6E11BEDA62829721FDEC43BF98613E52" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_JeffersonTerminalMember_6E11BEDA62829721FDEC43BF98613E52" xlink:to="lab_ftai_JeffersonTerminalMember_6E11BEDA62829721FDEC43BF98613E52" xlink:type="arc" />
    <link:label id="lab_ftai_RailroadMember_46014BD3AD091D035ECC43BF98618928_terseLabel_en-US" xlink:label="lab_ftai_RailroadMember_46014BD3AD091D035ECC43BF98618928" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Railroad</link:label>
    <link:label id="lab_ftai_RailroadMember_46014BD3AD091D035ECC43BF98618928_label_en-US" xlink:label="lab_ftai_RailroadMember_46014BD3AD091D035ECC43BF98618928" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Railroad [Member]</link:label>
    <link:label id="lab_ftai_RailroadMember_46014BD3AD091D035ECC43BF98618928_documentation_en-US" xlink:label="lab_ftai_RailroadMember_46014BD3AD091D035ECC43BF98618928" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Railroad [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RailroadMember" xlink:label="loc_ftai_RailroadMember_46014BD3AD091D035ECC43BF98618928" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RailroadMember_46014BD3AD091D035ECC43BF98618928" xlink:to="lab_ftai_RailroadMember_46014BD3AD091D035ECC43BF98618928" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingInformationLineItems_FBDABC14AAF90E8D94EA43BF98623EA9_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_FBDABC14AAF90E8D94EA43BF98623EA9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segment Reporting Information [Line Items]</link:label>
    <link:label id="lab_us-gaap_SegmentReportingInformationLineItems_FBDABC14AAF90E8D94EA43BF98623EA9_label_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_FBDABC14AAF90E8D94EA43BF98623EA9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reporting Information [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="loc_us-gaap_SegmentReportingInformationLineItems_FBDABC14AAF90E8D94EA43BF98623EA9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingInformationLineItems_FBDABC14AAF90E8D94EA43BF98623EA9" xlink:to="lab_us-gaap_SegmentReportingInformationLineItems_FBDABC14AAF90E8D94EA43BF98623EA9" xlink:type="arc" />
    <link:label id="lab_us-gaap_SalesRevenueNet_39D1B7BF022E9E2FA7DA43BF9862BB3D_terseLabel_en-US" xlink:label="lab_us-gaap_SalesRevenueNet_39D1B7BF022E9E2FA7DA43BF9862BB3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total revenues</link:label>
    <link:label id="lab_us-gaap_SalesRevenueNet_39D1B7BF022E9E2FA7DA43BF9862BB3D_label_en-US" xlink:label="lab_us-gaap_SalesRevenueNet_39D1B7BF022E9E2FA7DA43BF9862BB3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SalesRevenueNet" xlink:label="loc_us-gaap_SalesRevenueNet_39D1B7BF022E9E2FA7DA43BF9862BB3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SalesRevenueNet_39D1B7BF022E9E2FA7DA43BF9862BB3D" xlink:to="lab_us-gaap_SalesRevenueNet_39D1B7BF022E9E2FA7DA43BF9862BB3D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_8831DFC0D7227230D3845E57CAA6DE53_terseLabel_en-US" xlink:label="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_8831DFC0D7227230D3845E57CAA6DE53" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EQUITY-BASED COMPENSATION</link:label>
    <link:label id="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_8831DFC0D7227230D3845E57CAA6DE53_label_en-US" xlink:label="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_8831DFC0D7227230D3845E57CAA6DE53" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Compensation Related Costs, Share-based Payments [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_8831DFC0D7227230D3845E57CAA6DE53" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_8831DFC0D7227230D3845E57CAA6DE53" xlink:to="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_8831DFC0D7227230D3845E57CAA6DE53" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsAbstract_3B09A39C84FCB17071AA6D6FFC78D7EB_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_3B09A39C84FCB17071AA6D6FFC78D7EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_us-gaap_AssetsAbstract_3B09A39C84FCB17071AA6D6FFC78D7EB_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_3B09A39C84FCB17071AA6D6FFC78D7EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_3B09A39C84FCB17071AA6D6FFC78D7EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsAbstract_3B09A39C84FCB17071AA6D6FFC78D7EB" xlink:to="lab_us-gaap_AssetsAbstract_3B09A39C84FCB17071AA6D6FFC78D7EB" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_35739D4D9BC48A4C02056D6FFC7A5AC3_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_35739D4D9BC48A4C02056D6FFC7A5AC3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_35739D4D9BC48A4C02056D6FFC7A5AC3_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_35739D4D9BC48A4C02056D6FFC7A5AC3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, at Carrying Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_35739D4D9BC48A4C02056D6FFC7A5AC3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_35739D4D9BC48A4C02056D6FFC7A5AC3" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_35739D4D9BC48A4C02056D6FFC7A5AC3" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalents_96CF45AE76F9DE70E3066D6FFC7A43CD_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalents_96CF45AE76F9DE70E3066D6FFC7A43CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash</link:label>
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalents_96CF45AE76F9DE70E3066D6FFC7A43CD_label_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalents_96CF45AE76F9DE70E3066D6FFC7A43CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Cash and Cash Equivalents</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalents" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalents_96CF45AE76F9DE70E3066D6FFC7A43CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedCashAndCashEquivalents_96CF45AE76F9DE70E3066D6FFC7A43CD" xlink:to="lab_us-gaap_RestrictedCashAndCashEquivalents_96CF45AE76F9DE70E3066D6FFC7A43CD" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsReceivableNet_ABC2AB06756AB99566E76D6FFC7B444F_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_ABC2AB06756AB99566E76D6FFC7B444F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable, net</link:label>
    <link:label id="lab_us-gaap_AccountsReceivableNet_ABC2AB06756AB99566E76D6FFC7B444F_label_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_ABC2AB06756AB99566E76D6FFC7B444F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Receivable, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaap_AccountsReceivableNet_ABC2AB06756AB99566E76D6FFC7B444F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsReceivableNet_ABC2AB06756AB99566E76D6FFC7B444F" xlink:to="lab_us-gaap_AccountsReceivableNet_ABC2AB06756AB99566E76D6FFC7B444F" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet_ECCAD22CEADB92A6D01C6D6FFC7BD71E_terseLabel_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet_ECCAD22CEADB92A6D01C6D6FFC7BD71E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leasing equipment, net</link:label>
    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet_ECCAD22CEADB92A6D01C6D6FFC7BD71E_label_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet_ECCAD22CEADB92A6D01C6D6FFC7BD71E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property Subject to or Available for Operating Lease, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet" xlink:label="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet_ECCAD22CEADB92A6D01C6D6FFC7BD71E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet_ECCAD22CEADB92A6D01C6D6FFC7BD71E" xlink:to="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet_ECCAD22CEADB92A6D01C6D6FFC7BD71E" xlink:type="arc" />
    <link:label id="lab_us-gaap_NotesReceivableNet_9E2CE3DAA1BB13B1BF3D6D6FFC7B92DB_terseLabel_en-US" xlink:label="lab_us-gaap_NotesReceivableNet_9E2CE3DAA1BB13B1BF3D6D6FFC7B92DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finance leases, net</link:label>
    <link:label id="lab_us-gaap_NotesReceivableNet_9E2CE3DAA1BB13B1BF3D6D6FFC7B92DB_label_en-US" xlink:label="lab_us-gaap_NotesReceivableNet_9E2CE3DAA1BB13B1BF3D6D6FFC7B92DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NotesReceivableNet" xlink:label="loc_us-gaap_NotesReceivableNet_9E2CE3DAA1BB13B1BF3D6D6FFC7B92DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NotesReceivableNet_9E2CE3DAA1BB13B1BF3D6D6FFC7B92DB" xlink:to="lab_us-gaap_NotesReceivableNet_9E2CE3DAA1BB13B1BF3D6D6FFC7B92DB" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_2757243AF685981327AD6D6FFC7BECA5_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_2757243AF685981327AD6D6FFC7BECA5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant, and equipment, net</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_2757243AF685981327AD6D6FFC7BECA5_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_2757243AF685981327AD6D6FFC7BECA5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_2757243AF685981327AD6D6FFC7BECA5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_2757243AF685981327AD6D6FFC7BECA5" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet_2757243AF685981327AD6D6FFC7BECA5" xlink:type="arc" />
    <link:label id="lab_ftai_EquityMethodInvestmentIncludingAvailableforSaleSecurities_E0DCDFF857308567241A6D6FFFFAFF1F_terseLabel_en-US" xlink:label="lab_ftai_EquityMethodInvestmentIncludingAvailableforSaleSecurities_E0DCDFF857308567241A6D6FFFFAFF1F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments (includes $17,630 and $0 available-for-sale securities at fair value as of December 31, 2016 and 2015, respectively)</link:label>
    <link:label id="lab_ftai_EquityMethodInvestmentIncludingAvailableforSaleSecurities_E0DCDFF857308567241A6D6FFFFAFF1F_label_en-US" xlink:label="lab_ftai_EquityMethodInvestmentIncludingAvailableforSaleSecurities_E0DCDFF857308567241A6D6FFFFAFF1F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment Including Available for Sale Securities</link:label>
    <link:label id="lab_ftai_EquityMethodInvestmentIncludingAvailableforSaleSecurities_E0DCDFF857308567241A6D6FFFFAFF1F_documentation_en-US" xlink:label="lab_ftai_EquityMethodInvestmentIncludingAvailableforSaleSecurities_E0DCDFF857308567241A6D6FFFFAFF1F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Method Investment Including Available for Sale Securities</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_EquityMethodInvestmentIncludingAvailableforSaleSecurities" xlink:label="loc_ftai_EquityMethodInvestmentIncludingAvailableforSaleSecurities_E0DCDFF857308567241A6D6FFFFAFF1F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_EquityMethodInvestmentIncludingAvailableforSaleSecurities_E0DCDFF857308567241A6D6FFFFAFF1F" xlink:to="lab_ftai_EquityMethodInvestmentIncludingAvailableforSaleSecurities_E0DCDFF857308567241A6D6FFFFAFF1F" xlink:type="arc" />
    <link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_1FF19593FD6050233B636D6FFC7B2AD2_verboseLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_1FF19593FD6050233B636D6FFC7B2AD2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets, net</link:label>
    <link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_1FF19593FD6050233B636D6FFC7B2AD2_label_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_1FF19593FD6050233B636D6FFC7B2AD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible Assets, Net (Excluding Goodwill)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_1FF19593FD6050233B636D6FFC7B2AD2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_1FF19593FD6050233B636D6FFC7B2AD2" xlink:to="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_1FF19593FD6050233B636D6FFC7B2AD2" xlink:type="arc" />
    <link:label id="lab_us-gaap_Goodwill_9AEDCDB0A00D228DE6F36D6FFC7B2B30_terseLabel_en-US" xlink:label="lab_us-gaap_Goodwill_9AEDCDB0A00D228DE6F36D6FFC7B2B30" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:label id="lab_us-gaap_Goodwill_9AEDCDB0A00D228DE6F36D6FFC7B2B30_label_en-US" xlink:label="lab_us-gaap_Goodwill_9AEDCDB0A00D228DE6F36D6FFC7B2B30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_9AEDCDB0A00D228DE6F36D6FFC7B2B30" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Goodwill_9AEDCDB0A00D228DE6F36D6FFC7B2B30" xlink:to="lab_us-gaap_Goodwill_9AEDCDB0A00D228DE6F36D6FFC7B2B30" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssets_43A9912E0C5764EC844F6D6FFC7BF4D7_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_43A9912E0C5764EC844F6D6FFC7BF4D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_us-gaap_OtherAssets_43A9912E0C5764EC844F6D6FFC7BF4D7_label_en-US" xlink:label="lab_us-gaap_OtherAssets_43A9912E0C5764EC844F6D6FFC7BF4D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_43A9912E0C5764EC844F6D6FFC7BF4D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssets_43A9912E0C5764EC844F6D6FFC7BF4D7" xlink:to="lab_us-gaap_OtherAssets_43A9912E0C5764EC844F6D6FFC7BF4D7" xlink:type="arc" />
    <link:label id="lab_us-gaap_Assets_E004D1C788DA372FF0576D6FFC7B1E46_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_E004D1C788DA372FF0576D6FFC7B1E46" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_us-gaap_Assets_E004D1C788DA372FF0576D6FFC7B1E46_label_en-US" xlink:label="lab_us-gaap_Assets_E004D1C788DA372FF0576D6FFC7B1E46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_E004D1C788DA372FF0576D6FFC7B1E46" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_E004D1C788DA372FF0576D6FFC7B1E46" xlink:to="lab_us-gaap_Assets_E004D1C788DA372FF0576D6FFC7B1E46" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAbstract_BBCECA4F3246917712766D6FFC7BEB46_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_BBCECA4F3246917712766D6FFC7BEB46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAbstract_BBCECA4F3246917712766D6FFC7BEB46_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_BBCECA4F3246917712766D6FFC7BEB46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="loc_us-gaap_LiabilitiesAbstract_BBCECA4F3246917712766D6FFC7BEB46" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAbstract_BBCECA4F3246917712766D6FFC7BEB46" xlink:to="lab_us-gaap_LiabilitiesAbstract_BBCECA4F3246917712766D6FFC7BEB46" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_B9317AE49047BABAA3616D6FFC7B1B4F_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_B9317AE49047BABAA3616D6FFC7B1B4F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and accrued liabilities</link:label>
    <link:label id="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_B9317AE49047BABAA3616D6FFC7B1B4F_label_en-US" xlink:label="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_B9317AE49047BABAA3616D6FFC7B1B4F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Payable and Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_B9317AE49047BABAA3616D6FFC7B1B4F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_B9317AE49047BABAA3616D6FFC7B1B4F" xlink:to="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_B9317AE49047BABAA3616D6FFC7B1B4F" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebt_08B3E205B0D087B3D27C6D6FFC80523A_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_08B3E205B0D087B3D27C6D6FFC80523A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt, net</link:label>
    <link:label id="lab_us-gaap_LongTermDebt_08B3E205B0D087B3D27C6D6FFC80523A_label_en-US" xlink:label="lab_us-gaap_LongTermDebt_08B3E205B0D087B3D27C6D6FFC80523A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_08B3E205B0D087B3D27C6D6FFC80523A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebt_08B3E205B0D087B3D27C6D6FFC80523A" xlink:to="lab_us-gaap_LongTermDebt_08B3E205B0D087B3D27C6D6FFC80523A" xlink:type="arc" />
    <link:label id="lab_ftai_MaintenanceDepositLiability_0BD01E1606A28B72B4F96D6FFC801B1E_terseLabel_en-US" xlink:label="lab_ftai_MaintenanceDepositLiability_0BD01E1606A28B72B4F96D6FFC801B1E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maintenance deposits</link:label>
    <link:label id="lab_ftai_MaintenanceDepositLiability_0BD01E1606A28B72B4F96D6FFC801B1E_label_en-US" xlink:label="lab_ftai_MaintenanceDepositLiability_0BD01E1606A28B72B4F96D6FFC801B1E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maintenance Deposit Liability</link:label>
    <link:label id="lab_ftai_MaintenanceDepositLiability_0BD01E1606A28B72B4F96D6FFC801B1E_documentation_en-US" xlink:label="lab_ftai_MaintenanceDepositLiability_0BD01E1606A28B72B4F96D6FFC801B1E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Maintenance Deposit Liability</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_MaintenanceDepositLiability" xlink:label="loc_ftai_MaintenanceDepositLiability_0BD01E1606A28B72B4F96D6FFC801B1E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_MaintenanceDepositLiability_0BD01E1606A28B72B4F96D6FFC801B1E" xlink:to="lab_ftai_MaintenanceDepositLiability_0BD01E1606A28B72B4F96D6FFC801B1E" xlink:type="arc" />
    <link:label id="lab_us-gaap_SecurityDepositLiability_5BC6BFBC885A9834C38D6D6FFC80620A_terseLabel_en-US" xlink:label="lab_us-gaap_SecurityDepositLiability_5BC6BFBC885A9834C38D6D6FFC80620A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Security deposits</link:label>
    <link:label id="lab_us-gaap_SecurityDepositLiability_5BC6BFBC885A9834C38D6D6FFC80620A_label_en-US" xlink:label="lab_us-gaap_SecurityDepositLiability_5BC6BFBC885A9834C38D6D6FFC80620A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Security Deposit Liability</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SecurityDepositLiability" xlink:label="loc_us-gaap_SecurityDepositLiability_5BC6BFBC885A9834C38D6D6FFC80620A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecurityDepositLiability_5BC6BFBC885A9834C38D6D6FFC80620A" xlink:to="lab_us-gaap_SecurityDepositLiability_5BC6BFBC885A9834C38D6D6FFC80620A" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherLiabilities_09276CE63D8566D9B4BA6D6FFC82FE99_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilities_09276CE63D8566D9B4BA6D6FFC82FE99" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_us-gaap_OtherLiabilities_09276CE63D8566D9B4BA6D6FFC82FE99_label_en-US" xlink:label="lab_us-gaap_OtherLiabilities_09276CE63D8566D9B4BA6D6FFC82FE99" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaap_OtherLiabilities_09276CE63D8566D9B4BA6D6FFC82FE99" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilities_09276CE63D8566D9B4BA6D6FFC82FE99" xlink:to="lab_us-gaap_OtherLiabilities_09276CE63D8566D9B4BA6D6FFC82FE99" xlink:type="arc" />
    <link:label id="lab_us-gaap_Liabilities_41B7CDEB43F657E56F356D6FFC8355FF_totalLabel_en-US" xlink:label="lab_us-gaap_Liabilities_41B7CDEB43F657E56F356D6FFC8355FF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:label id="lab_us-gaap_Liabilities_41B7CDEB43F657E56F356D6FFC8355FF_label_en-US" xlink:label="lab_us-gaap_Liabilities_41B7CDEB43F657E56F356D6FFC8355FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_41B7CDEB43F657E56F356D6FFC8355FF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Liabilities_41B7CDEB43F657E56F356D6FFC8355FF" xlink:to="lab_us-gaap_Liabilities_41B7CDEB43F657E56F356D6FFC8355FF" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingencies_A048265B82222C3AE5546D6FFC83C3D4_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_A048265B82222C3AE5546D6FFC83C3D4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments and contingencies</link:label>
    <link:label id="lab_us-gaap_CommitmentsAndContingencies_A048265B82222C3AE5546D6FFC83C3D4_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_A048265B82222C3AE5546D6FFC83C3D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="loc_us-gaap_CommitmentsAndContingencies_A048265B82222C3AE5546D6FFC83C3D4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingencies_A048265B82222C3AE5546D6FFC83C3D4" xlink:to="lab_us-gaap_CommitmentsAndContingencies_A048265B82222C3AE5546D6FFC83C3D4" xlink:type="arc" />
    <link:label id="lab_us-gaap_MembersEquityAbstract_4C344D180248E1E4E3516D6FFC83682C_terseLabel_en-US" xlink:label="lab_us-gaap_MembersEquityAbstract_4C344D180248E1E4E3516D6FFC83682C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity</link:label>
    <link:label id="lab_us-gaap_MembersEquityAbstract_4C344D180248E1E4E3516D6FFC83682C_label_en-US" xlink:label="lab_us-gaap_MembersEquityAbstract_4C344D180248E1E4E3516D6FFC83682C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Members' Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MembersEquityAbstract" xlink:label="loc_us-gaap_MembersEquityAbstract_4C344D180248E1E4E3516D6FFC83682C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MembersEquityAbstract_4C344D180248E1E4E3516D6FFC83682C" xlink:to="lab_us-gaap_MembersEquityAbstract_4C344D180248E1E4E3516D6FFC83682C" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockValue_9DB76A1F70145CB4C7826D6FFC83726C_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockValue_9DB76A1F70145CB4C7826D6FFC83726C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common shares ($0.01 par value per share; 2,000,000,000 shares authorized; 75,750,943 and 75,718,183 shares issued and outstanding as of December 31, 2016 and December 31, 2015, respectively)</link:label>
    <link:label id="lab_us-gaap_CommonStockValue_9DB76A1F70145CB4C7826D6FFC83726C_label_en-US" xlink:label="lab_us-gaap_CommonStockValue_9DB76A1F70145CB4C7826D6FFC83726C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Value, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue_9DB76A1F70145CB4C7826D6FFC83726C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockValue_9DB76A1F70145CB4C7826D6FFC83726C" xlink:to="lab_us-gaap_CommonStockValue_9DB76A1F70145CB4C7826D6FFC83726C" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdditionalPaidInCapital_D69742C3F4A47CD431CB6D6FFC83DCB2_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapital_D69742C3F4A47CD431CB6D6FFC83DCB2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional paid in capital</link:label>
    <link:label id="lab_us-gaap_AdditionalPaidInCapital_D69742C3F4A47CD431CB6D6FFC83DCB2_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapital_D69742C3F4A47CD431CB6D6FFC83DCB2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Paid in Capital</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="loc_us-gaap_AdditionalPaidInCapital_D69742C3F4A47CD431CB6D6FFC83DCB2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdditionalPaidInCapital_D69742C3F4A47CD431CB6D6FFC83DCB2" xlink:to="lab_us-gaap_AdditionalPaidInCapital_D69742C3F4A47CD431CB6D6FFC83DCB2" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_489E0D2B56E41EABFF266D6FFC834527_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_489E0D2B56E41EABFF266D6FFC834527" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated deficit</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_489E0D2B56E41EABFF266D6FFC834527_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_489E0D2B56E41EABFF266D6FFC834527" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings (Accumulated Deficit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_489E0D2B56E41EABFF266D6FFC834527" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsAccumulatedDeficit_489E0D2B56E41EABFF266D6FFC834527" xlink:to="lab_us-gaap_RetainedEarningsAccumulatedDeficit_489E0D2B56E41EABFF266D6FFC834527" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_3E3031CF5214289370006D6FFC836709_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_3E3031CF5214289370006D6FFC836709" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive income</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_3E3031CF5214289370006D6FFC836709_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_3E3031CF5214289370006D6FFC836709" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_3E3031CF5214289370006D6FFC836709" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_3E3031CF5214289370006D6FFC836709" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_3E3031CF5214289370006D6FFC836709" xlink:type="arc" />
    <link:label id="lab_us-gaap_MembersEquity_AA729DCB696C3FD485896D6FFC8310D5_totalLabel_en-US" xlink:label="lab_us-gaap_MembersEquity_AA729DCB696C3FD485896D6FFC8310D5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Shareholders' equity</link:label>
    <link:label id="lab_us-gaap_MembersEquity_AA729DCB696C3FD485896D6FFC8310D5_label_en-US" xlink:label="lab_us-gaap_MembersEquity_AA729DCB696C3FD485896D6FFC8310D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Members' Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MembersEquity" xlink:label="loc_us-gaap_MembersEquity_AA729DCB696C3FD485896D6FFC8310D5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MembersEquity_AA729DCB696C3FD485896D6FFC8310D5" xlink:to="lab_us-gaap_MembersEquity_AA729DCB696C3FD485896D6FFC8310D5" xlink:type="arc" />
    <link:label id="lab_us-gaap_MembersEquityAttributableToNoncontrollingInterest_98A8EC6EE9B8237ADB2D6D6FFC838658_terseLabel_en-US" xlink:label="lab_us-gaap_MembersEquityAttributableToNoncontrollingInterest_98A8EC6EE9B8237ADB2D6D6FFC838658" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interest in equity of consolidated subsidiaries</link:label>
    <link:label id="lab_us-gaap_MembersEquityAttributableToNoncontrollingInterest_98A8EC6EE9B8237ADB2D6D6FFC838658_label_en-US" xlink:label="lab_us-gaap_MembersEquityAttributableToNoncontrollingInterest_98A8EC6EE9B8237ADB2D6D6FFC838658" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Members' Equity Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MembersEquityAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_MembersEquityAttributableToNoncontrollingInterest_98A8EC6EE9B8237ADB2D6D6FFC838658" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MembersEquityAttributableToNoncontrollingInterest_98A8EC6EE9B8237ADB2D6D6FFC838658" xlink:to="lab_us-gaap_MembersEquityAttributableToNoncontrollingInterest_98A8EC6EE9B8237ADB2D6D6FFC838658" xlink:type="arc" />
    <link:label id="lab_us-gaap_LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest_C226475C96EE89BC15E76D6FFC83DE73_totalLabel_en-US" xlink:label="lab_us-gaap_LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest_C226475C96EE89BC15E76D6FFC83DE73" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total equity</link:label>
    <link:label id="lab_us-gaap_LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest_C226475C96EE89BC15E76D6FFC83DE73_label_en-US" xlink:label="lab_us-gaap_LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest_C226475C96EE89BC15E76D6FFC83DE73" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Limited Liability Company (LLC) Members' Equity, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest_C226475C96EE89BC15E76D6FFC83DE73" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest_C226475C96EE89BC15E76D6FFC83DE73" xlink:to="lab_us-gaap_LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest_C226475C96EE89BC15E76D6FFC83DE73" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_B53DB93D4834419C1B936D6FFC83E7A2_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_B53DB93D4834419C1B936D6FFC83E7A2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities and equity</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_B53DB93D4834419C1B936D6FFC83E7A2_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_B53DB93D4834419C1B936D6FFC83E7A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_B53DB93D4834419C1B936D6FFC83E7A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_B53DB93D4834419C1B936D6FFC83E7A2" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquity_B53DB93D4834419C1B936D6FFC83E7A2" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountingPoliciesAbstract_F29EAE75FFCCFB2298074282131A735B_label_en-US" xlink:label="lab_us-gaap_AccountingPoliciesAbstract_F29EAE75FFCCFB2298074282131A735B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Policies [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_F29EAE75FFCCFB2298074282131A735B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_F29EAE75FFCCFB2298074282131A735B" xlink:to="lab_us-gaap_AccountingPoliciesAbstract_F29EAE75FFCCFB2298074282131A735B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_7785BD6404312FF6295D4282131BFDE9_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_7785BD6404312FF6295D4282131BFDE9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principles of Consolidation</link:label>
    <link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_7785BD6404312FF6295D4282131BFDE9_label_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_7785BD6404312FF6295D4282131BFDE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="loc_us-gaap_ConsolidationPolicyTextBlock_7785BD6404312FF6295D4282131BFDE9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationPolicyTextBlock_7785BD6404312FF6295D4282131BFDE9" xlink:to="lab_us-gaap_ConsolidationPolicyTextBlock_7785BD6404312FF6295D4282131BFDE9" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_CC5771B0E3F5FD6104364282131B494E_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_CC5771B0E3F5FD6104364282131B494E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Interest Entities</link:label>
    <link:label id="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_CC5771B0E3F5FD6104364282131B494E_label_en-US" xlink:label="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_CC5771B0E3F5FD6104364282131B494E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation, Variable Interest Entity, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConsolidationVariableInterestEntityPolicy" xlink:label="loc_us-gaap_ConsolidationVariableInterestEntityPolicy_CC5771B0E3F5FD6104364282131B494E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationVariableInterestEntityPolicy_CC5771B0E3F5FD6104364282131B494E" xlink:to="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_CC5771B0E3F5FD6104364282131B494E" xlink:type="arc" />
    <link:label id="lab_us-gaap_UseOfEstimates_AA5E9F0842044488540F4282131B41C2_terseLabel_en-US" xlink:label="lab_us-gaap_UseOfEstimates_AA5E9F0842044488540F4282131B41C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Use of Estimates</link:label>
    <link:label id="lab_us-gaap_UseOfEstimates_AA5E9F0842044488540F4282131B41C2_label_en-US" xlink:label="lab_us-gaap_UseOfEstimates_AA5E9F0842044488540F4282131B41C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Use of Estimates, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_UseOfEstimates" xlink:label="loc_us-gaap_UseOfEstimates_AA5E9F0842044488540F4282131B41C2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UseOfEstimates_AA5E9F0842044488540F4282131B41C2" xlink:to="lab_us-gaap_UseOfEstimates_AA5E9F0842044488540F4282131B41C2" xlink:type="arc" />
    <link:label id="lab_ftai_RisksandUncertaintiesPolicyTextBlock_9BEB7B5C2994D8B89C7A4282131BC3AF_terseLabel_en-US" xlink:label="lab_ftai_RisksandUncertaintiesPolicyTextBlock_9BEB7B5C2994D8B89C7A4282131BC3AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risks and Uncertainties</link:label>
    <link:label id="lab_ftai_RisksandUncertaintiesPolicyTextBlock_9BEB7B5C2994D8B89C7A4282131BC3AF_label_en-US" xlink:label="lab_ftai_RisksandUncertaintiesPolicyTextBlock_9BEB7B5C2994D8B89C7A4282131BC3AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risks and Uncertainties [Policy Text Block]</link:label>
    <link:label id="lab_ftai_RisksandUncertaintiesPolicyTextBlock_9BEB7B5C2994D8B89C7A4282131BC3AF_documentation_en-US" xlink:label="lab_ftai_RisksandUncertaintiesPolicyTextBlock_9BEB7B5C2994D8B89C7A4282131BC3AF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risks and Uncertainties [Policy Text Block]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RisksandUncertaintiesPolicyTextBlock" xlink:label="loc_ftai_RisksandUncertaintiesPolicyTextBlock_9BEB7B5C2994D8B89C7A4282131BC3AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RisksandUncertaintiesPolicyTextBlock_9BEB7B5C2994D8B89C7A4282131BC3AF" xlink:to="lab_ftai_RisksandUncertaintiesPolicyTextBlock_9BEB7B5C2994D8B89C7A4282131BC3AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConcentrationRiskCreditRisk_EFD701B5739A6C5277994282131B16BC_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskCreditRisk_EFD701B5739A6C5277994282131B16BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentration of Credit Risk</link:label>
    <link:label id="lab_us-gaap_ConcentrationRiskCreditRisk_EFD701B5739A6C5277994282131B16BC_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskCreditRisk_EFD701B5739A6C5277994282131B16BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentration Risk, Credit Risk, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConcentrationRiskCreditRisk" xlink:label="loc_us-gaap_ConcentrationRiskCreditRisk_EFD701B5739A6C5277994282131B16BC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskCreditRisk_EFD701B5739A6C5277994282131B16BC" xlink:to="lab_us-gaap_ConcentrationRiskCreditRisk_EFD701B5739A6C5277994282131B16BC" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReceivablesTradeAndOtherAccountsReceivableAllowanceForDoubtfulAccountsPolicy_27DDB9B9B7A09FD7ADC24282131BAA16_terseLabel_en-US" xlink:label="lab_us-gaap_ReceivablesTradeAndOtherAccountsReceivableAllowanceForDoubtfulAccountsPolicy_27DDB9B9B7A09FD7ADC24282131BAA16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision for Doubtful Accounts</link:label>
    <link:label id="lab_us-gaap_ReceivablesTradeAndOtherAccountsReceivableAllowanceForDoubtfulAccountsPolicy_27DDB9B9B7A09FD7ADC24282131BAA16_label_en-US" xlink:label="lab_us-gaap_ReceivablesTradeAndOtherAccountsReceivableAllowanceForDoubtfulAccountsPolicy_27DDB9B9B7A09FD7ADC24282131BAA16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivables, Trade and Other Accounts Receivable, Allowance for Doubtful Accounts, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ReceivablesTradeAndOtherAccountsReceivableAllowanceForDoubtfulAccountsPolicy" xlink:label="loc_us-gaap_ReceivablesTradeAndOtherAccountsReceivableAllowanceForDoubtfulAccountsPolicy_27DDB9B9B7A09FD7ADC24282131BAA16" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReceivablesTradeAndOtherAccountsReceivableAllowanceForDoubtfulAccountsPolicy_27DDB9B9B7A09FD7ADC24282131BAA16" xlink:to="lab_us-gaap_ReceivablesTradeAndOtherAccountsReceivableAllowanceForDoubtfulAccountsPolicy_27DDB9B9B7A09FD7ADC24282131BAA16" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_94964F544AD4EEA640684282131B2CFB_terseLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_94964F544AD4EEA640684282131B2CFB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss)</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_94964F544AD4EEA640684282131B2CFB_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_94964F544AD4EEA640684282131B2CFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ComprehensiveIncomePolicyPolicyTextBlock" xlink:label="loc_us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_94964F544AD4EEA640684282131B2CFB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_94964F544AD4EEA640684282131B2CFB" xlink:to="lab_us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_94964F544AD4EEA640684282131B2CFB" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativesPolicyTextBlock_DFCD3ACCEA1BB1B5A0D34282131BF5CF_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativesPolicyTextBlock_DFCD3ACCEA1BB1B5A0D34282131BF5CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Financial Instruments</link:label>
    <link:label id="lab_us-gaap_DerivativesPolicyTextBlock_DFCD3ACCEA1BB1B5A0D34282131BF5CF_label_en-US" xlink:label="lab_us-gaap_DerivativesPolicyTextBlock_DFCD3ACCEA1BB1B5A0D34282131BF5CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivatives, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DerivativesPolicyTextBlock" xlink:label="loc_us-gaap_DerivativesPolicyTextBlock_DFCD3ACCEA1BB1B5A0D34282131BF5CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativesPolicyTextBlock_DFCD3ACCEA1BB1B5A0D34282131BF5CF" xlink:to="lab_us-gaap_DerivativesPolicyTextBlock_DFCD3ACCEA1BB1B5A0D34282131BF5CF" xlink:type="arc" />
    <link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_853CBACDBACEAD8B2AC94282131C7A5A_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_853CBACDBACEAD8B2AC94282131C7A5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounting Pronouncements</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_853CBACDBACEAD8B2AC94282131C7A5A_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_853CBACDBACEAD8B2AC94282131C7A5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_853CBACDBACEAD8B2AC94282131C7A5A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_853CBACDBACEAD8B2AC94282131C7A5A" xlink:to="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_853CBACDBACEAD8B2AC94282131C7A5A" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfCashFlowsAbstract_B4917BA674975E2D3C5A677E7023A9AC_label_en-US" xlink:label="lab_us-gaap_StatementOfCashFlowsAbstract_B4917BA674975E2D3C5A677E7023A9AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Cash Flows [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="loc_us-gaap_StatementOfCashFlowsAbstract_B4917BA674975E2D3C5A677E7023A9AC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_B4917BA674975E2D3C5A677E7023A9AC" xlink:to="lab_us-gaap_StatementOfCashFlowsAbstract_B4917BA674975E2D3C5A677E7023A9AC" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_8B8FC68F38B706BF7901677E7023B5C8_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_8B8FC68F38B706BF7901677E7023B5C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from operating activities:</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_8B8FC68F38B706BF7901677E7023B5C8_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_8B8FC68F38B706BF7901677E7023B5C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_8B8FC68F38B706BF7901677E7023B5C8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_8B8FC68F38B706BF7901677E7023B5C8" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_8B8FC68F38B706BF7901677E7023B5C8" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_13F8B8E0C85EE7190A60677E70239429_terseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_13F8B8E0C85EE7190A60677E70239429" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net (loss) income</link:label>
    <link:label id="lab_us-gaap_ProfitLoss_13F8B8E0C85EE7190A60677E70239429_label_en-US" xlink:label="lab_us-gaap_ProfitLoss_13F8B8E0C85EE7190A60677E70239429" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_13F8B8E0C85EE7190A60677E70239429" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_13F8B8E0C85EE7190A60677E70239429" xlink:to="lab_us-gaap_ProfitLoss_13F8B8E0C85EE7190A60677E70239429" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0E8CDB9056F22EEA8CA2677E702307A1_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0E8CDB9056F22EEA8CA2677E702307A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments to reconcile net income to net cash provided by operating activities:</link:label>
    <link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0E8CDB9056F22EEA8CA2677E702307A1_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0E8CDB9056F22EEA8CA2677E702307A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0E8CDB9056F22EEA8CA2677E702307A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0E8CDB9056F22EEA8CA2677E702307A1" xlink:to="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0E8CDB9056F22EEA8CA2677E702307A1" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_2A13F7880CAF774450DE677E70238638_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_2A13F7880CAF774450DE677E70238638" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Equity in losses (earnings) of unconsolidated entities</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_2A13F7880CAF774450DE677E70238638_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_2A13F7880CAF774450DE677E70238638" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Equity Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_2A13F7880CAF774450DE677E70238638" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromEquityMethodInvestments_2A13F7880CAF774450DE677E70238638" xlink:to="lab_us-gaap_IncomeLossFromEquityMethodInvestments_2A13F7880CAF774450DE677E70238638" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnDispositionOfAssets_E967741FA51E64FE37AC677E70244DC4_negatedLabel_en-US" xlink:label="lab_us-gaap_GainLossOnDispositionOfAssets_E967741FA51E64FE37AC677E70244DC4" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of equipment and finance leases, net</link:label>
    <link:label id="lab_us-gaap_GainLossOnDispositionOfAssets_E967741FA51E64FE37AC677E70244DC4_label_en-US" xlink:label="lab_us-gaap_GainLossOnDispositionOfAssets_E967741FA51E64FE37AC677E70244DC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GainLossOnDispositionOfAssets" xlink:label="loc_us-gaap_GainLossOnDispositionOfAssets_E967741FA51E64FE37AC677E70244DC4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnDispositionOfAssets_E967741FA51E64FE37AC677E70244DC4" xlink:to="lab_us-gaap_GainLossOnDispositionOfAssets_E967741FA51E64FE37AC677E70244DC4" xlink:type="arc" />
    <link:label id="lab_ftai_ProceedsfromForfeitedSecurityDeposits_E916A469812DE01282A2677E7024C76E_negatedTerseLabel_en-US" xlink:label="lab_ftai_ProceedsfromForfeitedSecurityDeposits_E916A469812DE01282A2677E7024C76E" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Security deposits and maintenance claims included in earnings</link:label>
    <link:label id="lab_ftai_ProceedsfromForfeitedSecurityDeposits_E916A469812DE01282A2677E7024C76E_label_en-US" xlink:label="lab_ftai_ProceedsfromForfeitedSecurityDeposits_E916A469812DE01282A2677E7024C76E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Forfeited Security Deposits</link:label>
    <link:label id="lab_ftai_ProceedsfromForfeitedSecurityDeposits_E916A469812DE01282A2677E7024C76E_documentation_en-US" xlink:label="lab_ftai_ProceedsfromForfeitedSecurityDeposits_E916A469812DE01282A2677E7024C76E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds from Forfeited Security Deposits</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ProceedsfromForfeitedSecurityDeposits" xlink:label="loc_ftai_ProceedsfromForfeitedSecurityDeposits_E916A469812DE01282A2677E7024C76E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ProceedsfromForfeitedSecurityDeposits_E916A469812DE01282A2677E7024C76E" xlink:to="lab_ftai_ProceedsfromForfeitedSecurityDeposits_E916A469812DE01282A2677E7024C76E" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_5F7922F6EB5D726CCB50677E70240EA5_negatedLabel_en-US" xlink:label="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_5F7922F6EB5D726CCB50677E70240EA5" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Loss on extinguishment of debt</link:label>
    <link:label id="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_5F7922F6EB5D726CCB50677E70240EA5_label_en-US" xlink:label="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_5F7922F6EB5D726CCB50677E70240EA5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) on Extinguishment of Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_5F7922F6EB5D726CCB50677E70240EA5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_5F7922F6EB5D726CCB50677E70240EA5" xlink:to="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_5F7922F6EB5D726CCB50677E70240EA5" xlink:type="arc" />
    <link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_08F3F71F4DD393CA69F7677E7024CA81_verboseLabel_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_08F3F71F4DD393CA69F7677E7024CA81" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Equity-based compensation</link:label>
    <link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_08F3F71F4DD393CA69F7677E7024CA81_label_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_08F3F71F4DD393CA69F7677E7024CA81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Allocated Share-based Compensation Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpense_08F3F71F4DD393CA69F7677E7024CA81" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllocatedShareBasedCompensationExpense_08F3F71F4DD393CA69F7677E7024CA81" xlink:to="lab_us-gaap_AllocatedShareBasedCompensationExpense_08F3F71F4DD393CA69F7677E7024CA81" xlink:type="arc" />
    <link:label id="lab_us-gaap_DepreciationDepletionAndAmortization_4B37525AC90E909189DC677E7024C7E8_terseLabel_en-US" xlink:label="lab_us-gaap_DepreciationDepletionAndAmortization_4B37525AC90E909189DC677E7024C7E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:label id="lab_us-gaap_DepreciationDepletionAndAmortization_4B37525AC90E909189DC677E7024C7E8_label_en-US" xlink:label="lab_us-gaap_DepreciationDepletionAndAmortization_4B37525AC90E909189DC677E7024C7E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, Depletion and Amortization</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="loc_us-gaap_DepreciationDepletionAndAmortization_4B37525AC90E909189DC677E7024C7E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepreciationDepletionAndAmortization_4B37525AC90E909189DC677E7024C7E8" xlink:to="lab_us-gaap_DepreciationDepletionAndAmortization_4B37525AC90E909189DC677E7024C7E8" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetImpairmentCharges_7F27A8FBDA82424F74F0677E70240D98_terseLabel_en-US" xlink:label="lab_us-gaap_AssetImpairmentCharges_7F27A8FBDA82424F74F0677E70240D98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset impairment</link:label>
    <link:label id="lab_us-gaap_AssetImpairmentCharges_7F27A8FBDA82424F74F0677E70240D98_label_en-US" xlink:label="lab_us-gaap_AssetImpairmentCharges_7F27A8FBDA82424F74F0677E70240D98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Impairment Charges</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AssetImpairmentCharges" xlink:label="loc_us-gaap_AssetImpairmentCharges_7F27A8FBDA82424F74F0677E70240D98" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetImpairmentCharges_7F27A8FBDA82424F74F0677E70240D98" xlink:to="lab_us-gaap_AssetImpairmentCharges_7F27A8FBDA82424F74F0677E70240D98" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxesAndTaxCredits_18635EB80F1BF7331EF2677E702446A4_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxesAndTaxCredits_18635EB80F1BF7331EF2677E702446A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in current and deferred income taxes</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxesAndTaxCredits_18635EB80F1BF7331EF2677E702446A4_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxesAndTaxCredits_18635EB80F1BF7331EF2677E702446A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Taxes and Tax Credits</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredIncomeTaxesAndTaxCredits" xlink:label="loc_us-gaap_DeferredIncomeTaxesAndTaxCredits_18635EB80F1BF7331EF2677E702446A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxesAndTaxCredits_18635EB80F1BF7331EF2677E702446A4" xlink:to="lab_us-gaap_DeferredIncomeTaxesAndTaxCredits_18635EB80F1BF7331EF2677E702446A4" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_FCD7B4B64D83E091050D677E7024AF5B_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_FCD7B4B64D83E091050D677E7024AF5B" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Change in fair value of non-hedge derivative</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_FCD7B4B64D83E091050D677E7024AF5B_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_FCD7B4B64D83E091050D677E7024AF5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet" xlink:label="loc_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_FCD7B4B64D83E091050D677E7024AF5B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_FCD7B4B64D83E091050D677E7024AF5B" xlink:to="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_FCD7B4B64D83E091050D677E7024AF5B" xlink:type="arc" />
    <link:label id="lab_ftai_AmortizationofLeaseIntangiblesandIncentives_0903A41563F801246905677E7024E936_terseLabel_en-US" xlink:label="lab_ftai_AmortizationofLeaseIntangiblesandIncentives_0903A41563F801246905677E7024E936" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of lease intangibles and incentives</link:label>
    <link:label id="lab_ftai_AmortizationofLeaseIntangiblesandIncentives_0903A41563F801246905677E7024E936_label_en-US" xlink:label="lab_ftai_AmortizationofLeaseIntangiblesandIncentives_0903A41563F801246905677E7024E936" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Lease Intangibles and Incentives</link:label>
    <link:label id="lab_ftai_AmortizationofLeaseIntangiblesandIncentives_0903A41563F801246905677E7024E936_documentation_en-US" xlink:label="lab_ftai_AmortizationofLeaseIntangiblesandIncentives_0903A41563F801246905677E7024E936" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amortization of Lease Intangibles and Incentives</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_AmortizationofLeaseIntangiblesandIncentives" xlink:label="loc_ftai_AmortizationofLeaseIntangiblesandIncentives_0903A41563F801246905677E7024E936" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_AmortizationofLeaseIntangiblesandIncentives_0903A41563F801246905677E7024E936" xlink:to="lab_ftai_AmortizationofLeaseIntangiblesandIncentives_0903A41563F801246905677E7024E936" xlink:type="arc" />
    <link:label id="lab_us-gaap_AmortizationOfFinancingCosts_5D25EF1AF91999341998677E702512D0_verboseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCosts_5D25EF1AF91999341998677E702512D0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Amortization of deferred financing costs</link:label>
    <link:label id="lab_us-gaap_AmortizationOfFinancingCosts_5D25EF1AF91999341998677E702512D0_label_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCosts_5D25EF1AF91999341998677E702512D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Financing Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AmortizationOfFinancingCosts" xlink:label="loc_us-gaap_AmortizationOfFinancingCosts_5D25EF1AF91999341998677E702512D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfFinancingCosts_5D25EF1AF91999341998677E702512D0" xlink:to="lab_us-gaap_AmortizationOfFinancingCosts_5D25EF1AF91999341998677E702512D0" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_19AA176A49D60609500F677E70253064_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_19AA176A49D60609500F677E70253064" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating distributions from unconsolidated entities</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_19AA176A49D60609500F677E70253064_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_19AA176A49D60609500F677E70253064" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Equity Method Investment, Dividends or Distributions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityMethodInvestmentDividendsOrDistributions" xlink:label="loc_us-gaap_EquityMethodInvestmentDividendsOrDistributions_19AA176A49D60609500F677E70253064" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentDividendsOrDistributions_19AA176A49D60609500F677E70253064" xlink:to="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_19AA176A49D60609500F677E70253064" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProvisionForDoubtfulAccounts_6001E2CBE3FACF701BDD677E7025E848_terseLabel_en-US" xlink:label="lab_us-gaap_ProvisionForDoubtfulAccounts_6001E2CBE3FACF701BDD677E7025E848" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bad debt expense</link:label>
    <link:label id="lab_us-gaap_ProvisionForDoubtfulAccounts_6001E2CBE3FACF701BDD677E7025E848_label_en-US" xlink:label="lab_us-gaap_ProvisionForDoubtfulAccounts_6001E2CBE3FACF701BDD677E7025E848" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision for Doubtful Accounts</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProvisionForDoubtfulAccounts" xlink:label="loc_us-gaap_ProvisionForDoubtfulAccounts_6001E2CBE3FACF701BDD677E7025E848" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProvisionForDoubtfulAccounts_6001E2CBE3FACF701BDD677E7025E848" xlink:to="lab_us-gaap_ProvisionForDoubtfulAccounts_6001E2CBE3FACF701BDD677E7025E848" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_131DA0C6F9E8D6DF287E677E70250F43_terseLabel_en-US" xlink:label="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_131DA0C6F9E8D6DF287E677E70250F43" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_131DA0C6F9E8D6DF287E677E70250F43_label_en-US" xlink:label="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_131DA0C6F9E8D6DF287E677E70250F43" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Operating Activities, Cash Flow Statement</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherOperatingActivitiesCashFlowStatement" xlink:label="loc_us-gaap_OtherOperatingActivitiesCashFlowStatement_131DA0C6F9E8D6DF287E677E70250F43" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherOperatingActivitiesCashFlowStatement_131DA0C6F9E8D6DF287E677E70250F43" xlink:to="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_131DA0C6F9E8D6DF287E677E70250F43" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_E37EF8794097276234BA677E7025560F_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_E37EF8794097276234BA677E7025560F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in:</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_E37EF8794097276234BA677E7025560F_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_E37EF8794097276234BA677E7025560F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Operating Capital [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_E37EF8794097276234BA677E7025560F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_E37EF8794097276234BA677E7025560F" xlink:to="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_E37EF8794097276234BA677E7025560F" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_745AE53559D1063A057F677E702520DB_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_745AE53559D1063A057F677E702520DB" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_745AE53559D1063A057F677E702520DB_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_745AE53559D1063A057F677E702520DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_745AE53559D1063A057F677E702520DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_745AE53559D1063A057F677E702520DB" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_745AE53559D1063A057F677E702520DB" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_3F333A5A802C49CDB784677E70253736_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_3F333A5A802C49CDB784677E70253736" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_3F333A5A802C49CDB784677E70253736_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_3F333A5A802C49CDB784677E70253736" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Other Operating Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_3F333A5A802C49CDB784677E70253736" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_3F333A5A802C49CDB784677E70253736" xlink:to="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_3F333A5A802C49CDB784677E70253736" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_D7FEA972F3631D681AA4677E7025DEE8_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_D7FEA972F3631D681AA4677E7025DEE8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and accrued liabilities</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_D7FEA972F3631D681AA4677E7025DEE8_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_D7FEA972F3631D681AA4677E7025DEE8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts Payable and Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_D7FEA972F3631D681AA4677E7025DEE8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_D7FEA972F3631D681AA4677E7025DEE8" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_D7FEA972F3631D681AA4677E7025DEE8" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInDueToRelatedParties_CDAE7F24ABD1729C196C677E7025EFC0_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDueToRelatedParties_CDAE7F24ABD1729C196C677E7025EFC0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Management fees payable to affiliate</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInDueToRelatedParties_CDAE7F24ABD1729C196C677E7025EFC0_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDueToRelatedParties_CDAE7F24ABD1729C196C677E7025EFC0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Due to Related Parties</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInDueToRelatedParties" xlink:label="loc_us-gaap_IncreaseDecreaseInDueToRelatedParties_CDAE7F24ABD1729C196C677E7025EFC0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInDueToRelatedParties_CDAE7F24ABD1729C196C677E7025EFC0" xlink:to="lab_us-gaap_IncreaseDecreaseInDueToRelatedParties_CDAE7F24ABD1729C196C677E7025EFC0" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_7574C60CE81A6F220B73677E70254CD0_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_7574C60CE81A6F220B73677E70254CD0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_7574C60CE81A6F220B73677E70254CD0_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_7574C60CE81A6F220B73677E70254CD0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Other Operating Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_7574C60CE81A6F220B73677E70254CD0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_7574C60CE81A6F220B73677E70254CD0" xlink:to="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_7574C60CE81A6F220B73677E70254CD0" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_CBBE302D1AE83A02943F677E70250591_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_CBBE302D1AE83A02943F677E70250591" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by (used in) operating activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_CBBE302D1AE83A02943F677E70250591_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_CBBE302D1AE83A02943F677E70250591" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_CBBE302D1AE83A02943F677E70250591" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_CBBE302D1AE83A02943F677E70250591" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_CBBE302D1AE83A02943F677E70250591" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_2448A883F6C7BB5DC5DD677E702566B9_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_2448A883F6C7BB5DC5DD677E702566B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from investing activities:</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_2448A883F6C7BB5DC5DD677E702566B9_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_2448A883F6C7BB5DC5DD677E702566B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_2448A883F6C7BB5DC5DD677E702566B9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_2448A883F6C7BB5DC5DD677E702566B9" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_2448A883F6C7BB5DC5DD677E702566B9" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInRestrictedCash_769634F466CAC607710C677E7025C809_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInRestrictedCash_769634F466CAC607710C677E7025C809" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Change in restricted cash</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInRestrictedCash_769634F466CAC607710C677E7025C809_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInRestrictedCash_769634F466CAC607710C677E7025C809" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Restricted Cash</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInRestrictedCash" xlink:label="loc_us-gaap_IncreaseDecreaseInRestrictedCash_769634F466CAC607710C677E7025C809" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInRestrictedCash_769634F466CAC607710C677E7025C809" xlink:to="lab_us-gaap_IncreaseDecreaseInRestrictedCash_769634F466CAC607710C677E7025C809" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireOtherInvestments_40B790074BFB0C9877EA677E7026B77A_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireOtherInvestments_40B790074BFB0C9877EA677E7026B77A" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Construction deposit related to vessel</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireOtherInvestments_40B790074BFB0C9877EA677E7026B77A_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireOtherInvestments_40B790074BFB0C9877EA677E7026B77A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Other Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquireOtherInvestments" xlink:label="loc_us-gaap_PaymentsToAcquireOtherInvestments_40B790074BFB0C9877EA677E7026B77A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireOtherInvestments_40B790074BFB0C9877EA677E7026B77A" xlink:to="lab_us-gaap_PaymentsToAcquireOtherInvestments_40B790074BFB0C9877EA677E7026B77A" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireNotesReceivable_5C2F090F8D5ED626006C677E702648C8_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireNotesReceivable_5C2F090F8D5ED626006C677E702648C8" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Investment in notes receivable</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireNotesReceivable_5C2F090F8D5ED626006C677E702648C8_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireNotesReceivable_5C2F090F8D5ED626006C677E702648C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Notes Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquireNotesReceivable" xlink:label="loc_us-gaap_PaymentsToAcquireNotesReceivable_5C2F090F8D5ED626006C677E702648C8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireNotesReceivable_5C2F090F8D5ED626006C677E702648C8" xlink:to="lab_us-gaap_PaymentsToAcquireNotesReceivable_5C2F090F8D5ED626006C677E702648C8" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsForAdvanceToAffiliate_4DF6956019B191E4D774677E7026A5B6_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForAdvanceToAffiliate_4DF6956019B191E4D774677E7026A5B6" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Investment in unconsolidated entities and available for sale securities</link:label>
    <link:label id="lab_us-gaap_PaymentsForAdvanceToAffiliate_4DF6956019B191E4D774677E7026A5B6_label_en-US" xlink:label="lab_us-gaap_PaymentsForAdvanceToAffiliate_4DF6956019B191E4D774677E7026A5B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Advance to Affiliate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsForAdvanceToAffiliate" xlink:label="loc_us-gaap_PaymentsForAdvanceToAffiliate_4DF6956019B191E4D774677E7026A5B6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForAdvanceToAffiliate_4DF6956019B191E4D774677E7026A5B6" xlink:to="lab_us-gaap_PaymentsForAdvanceToAffiliate_4DF6956019B191E4D774677E7026A5B6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromCollectionOfLeaseReceivables_C9F2AA14976AE4C3557B677E7026D97D_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromCollectionOfLeaseReceivables_C9F2AA14976AE4C3557B677E7026D97D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principal collections on finance leases</link:label>
    <link:label id="lab_us-gaap_ProceedsFromCollectionOfLeaseReceivables_C9F2AA14976AE4C3557B677E7026D97D_label_en-US" xlink:label="lab_us-gaap_ProceedsFromCollectionOfLeaseReceivables_C9F2AA14976AE4C3557B677E7026D97D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Collection of Lease Receivables</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromCollectionOfLeaseReceivables" xlink:label="loc_us-gaap_ProceedsFromCollectionOfLeaseReceivables_C9F2AA14976AE4C3557B677E7026D97D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromCollectionOfLeaseReceivables_C9F2AA14976AE4C3557B677E7026D97D" xlink:to="lab_us-gaap_ProceedsFromCollectionOfLeaseReceivables_C9F2AA14976AE4C3557B677E7026D97D" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireEquipmentOnLease_756FFDA71183FA4F5ED4677E70264B84_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireEquipmentOnLease_756FFDA71183FA4F5ED4677E70264B84" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of leasing equipment</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireEquipmentOnLease_756FFDA71183FA4F5ED4677E70264B84_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireEquipmentOnLease_756FFDA71183FA4F5ED4677E70264B84" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Equipment on Lease</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquireEquipmentOnLease" xlink:label="loc_us-gaap_PaymentsToAcquireEquipmentOnLease_756FFDA71183FA4F5ED4677E70264B84" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireEquipmentOnLease_756FFDA71183FA4F5ED4677E70264B84" xlink:to="lab_us-gaap_PaymentsToAcquireEquipmentOnLease_756FFDA71183FA4F5ED4677E70264B84" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_60329C76E23BBEAE6B7B677E70266D87_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_60329C76E23BBEAE6B7B677E70266D87" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of property plant and equipment</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_60329C76E23BBEAE6B7B677E70266D87_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_60329C76E23BBEAE6B7B677E70266D87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_60329C76E23BBEAE6B7B677E70266D87" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_60329C76E23BBEAE6B7B677E70266D87" xlink:to="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_60329C76E23BBEAE6B7B677E70266D87" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireIntangibleAssets_5031C8BD2C4CF5109B78677E7026AFCC_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireIntangibleAssets_5031C8BD2C4CF5109B78677E7026AFCC" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of lease intangibles</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireIntangibleAssets_5031C8BD2C4CF5109B78677E7026AFCC_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireIntangibleAssets_5031C8BD2C4CF5109B78677E7026AFCC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Intangible Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquireIntangibleAssets" xlink:label="loc_us-gaap_PaymentsToAcquireIntangibleAssets_5031C8BD2C4CF5109B78677E7026AFCC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireIntangibleAssets_5031C8BD2C4CF5109B78677E7026AFCC" xlink:to="lab_us-gaap_PaymentsToAcquireIntangibleAssets_5031C8BD2C4CF5109B78677E7026AFCC" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromCollectionOfNotesReceivable_76B5269AA356A6DF63C7677E702688DF_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromCollectionOfNotesReceivable_76B5269AA356A6DF63C7677E702688DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Collection of notes receivable</link:label>
    <link:label id="lab_us-gaap_ProceedsFromCollectionOfNotesReceivable_76B5269AA356A6DF63C7677E702688DF_label_en-US" xlink:label="lab_us-gaap_ProceedsFromCollectionOfNotesReceivable_76B5269AA356A6DF63C7677E702688DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Collection of Notes Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromCollectionOfNotesReceivable" xlink:label="loc_us-gaap_ProceedsFromCollectionOfNotesReceivable_76B5269AA356A6DF63C7677E702688DF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromCollectionOfNotesReceivable_76B5269AA356A6DF63C7677E702688DF" xlink:to="lab_us-gaap_ProceedsFromCollectionOfNotesReceivable_76B5269AA356A6DF63C7677E702688DF" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_CDCA5A7C9D41756F8747677E70260998_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_CDCA5A7C9D41756F8747677E70260998" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of CMQR</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_CDCA5A7C9D41756F8747677E70260998_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_CDCA5A7C9D41756F8747677E70260998" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Businesses, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesGross" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesGross_CDCA5A7C9D41756F8747677E70260998" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessesGross_CDCA5A7C9D41756F8747677E70260998" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessesGross_CDCA5A7C9D41756F8747677E70260998" xlink:type="arc" />
    <link:label id="lab_ftai_PaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_587CBA7DED650B89B563677E70261CE6_negatedTerseLabel_en-US" xlink:label="lab_ftai_PaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_587CBA7DED650B89B563677E70261CE6" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of Jefferson Terminal</link:label>
    <link:label id="lab_ftai_PaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_587CBA7DED650B89B563677E70261CE6_label_en-US" xlink:label="lab_ftai_PaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_587CBA7DED650B89B563677E70261CE6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Businesses, Gross, Excluding Pre-Existing Debt Relationships</link:label>
    <link:label id="lab_ftai_PaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_587CBA7DED650B89B563677E70261CE6_documentation_en-US" xlink:label="lab_ftai_PaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_587CBA7DED650B89B563677E70261CE6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments to Acquire Businesses, Gross, Excluding Pre-Existing Debt Relationships</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_PaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships" xlink:label="loc_ftai_PaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_587CBA7DED650B89B563677E70261CE6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_PaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_587CBA7DED650B89B563677E70261CE6" xlink:to="lab_ftai_PaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_587CBA7DED650B89B563677E70261CE6" xlink:type="arc" />
    <link:label id="lab_ftai_PaymentstoAcquireBusinessesGrossPreExistingDebtRelationships_AF23B8804015E50604C8677E7027FD8F_negatedTerseLabel_en-US" xlink:label="lab_ftai_PaymentstoAcquireBusinessesGrossPreExistingDebtRelationships_AF23B8804015E50604C8677E7027FD8F" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of pre-existing debt relationships</link:label>
    <link:label id="lab_ftai_PaymentstoAcquireBusinessesGrossPreExistingDebtRelationships_AF23B8804015E50604C8677E7027FD8F_label_en-US" xlink:label="lab_ftai_PaymentstoAcquireBusinessesGrossPreExistingDebtRelationships_AF23B8804015E50604C8677E7027FD8F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Businesses, Gross, Pre-Existing Debt Relationships</link:label>
    <link:label id="lab_ftai_PaymentstoAcquireBusinessesGrossPreExistingDebtRelationships_AF23B8804015E50604C8677E7027FD8F_documentation_en-US" xlink:label="lab_ftai_PaymentstoAcquireBusinessesGrossPreExistingDebtRelationships_AF23B8804015E50604C8677E7027FD8F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments to Acquire Businesses, Gross, Pre-Existing Debt Relationships</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_PaymentstoAcquireBusinessesGrossPreExistingDebtRelationships" xlink:label="loc_ftai_PaymentstoAcquireBusinessesGrossPreExistingDebtRelationships_AF23B8804015E50604C8677E7027FD8F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_PaymentstoAcquireBusinessesGrossPreExistingDebtRelationships_AF23B8804015E50604C8677E7027FD8F" xlink:to="lab_ftai_PaymentstoAcquireBusinessesGrossPreExistingDebtRelationships_AF23B8804015E50604C8677E7027FD8F" xlink:type="arc" />
    <link:label id="lab_ftai_PaymentsforDepositsonLeasingEquipment_D1E1988997D40C75FA3E677E7027BE5E_negatedTerseLabel_en-US" xlink:label="lab_ftai_PaymentsforDepositsonLeasingEquipment_D1E1988997D40C75FA3E677E7027BE5E" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Purchase deposit for aircraft and aircraft engines</link:label>
    <link:label id="lab_ftai_PaymentsforDepositsonLeasingEquipment_D1E1988997D40C75FA3E677E7027BE5E_label_en-US" xlink:label="lab_ftai_PaymentsforDepositsonLeasingEquipment_D1E1988997D40C75FA3E677E7027BE5E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Deposits on Leasing Equipment</link:label>
    <link:label id="lab_ftai_PaymentsforDepositsonLeasingEquipment_D1E1988997D40C75FA3E677E7027BE5E_documentation_en-US" xlink:label="lab_ftai_PaymentsforDepositsonLeasingEquipment_D1E1988997D40C75FA3E677E7027BE5E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments for Deposits on Leasing Equipment</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_PaymentsforDepositsonLeasingEquipment" xlink:label="loc_ftai_PaymentsforDepositsonLeasingEquipment_D1E1988997D40C75FA3E677E7027BE5E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_PaymentsforDepositsonLeasingEquipment_D1E1988997D40C75FA3E677E7027BE5E" xlink:to="lab_ftai_PaymentsforDepositsonLeasingEquipment_D1E1988997D40C75FA3E677E7027BE5E" xlink:type="arc" />
    <link:label id="lab_ftai_ProceedsfromSaleofFinanceLeases_D154FFF36886D7FB3814677E70275EC0_terseLabel_en-US" xlink:label="lab_ftai_ProceedsfromSaleofFinanceLeases_D154FFF36886D7FB3814677E70275EC0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of finance leases</link:label>
    <link:label id="lab_ftai_ProceedsfromSaleofFinanceLeases_D154FFF36886D7FB3814677E70275EC0_label_en-US" xlink:label="lab_ftai_ProceedsfromSaleofFinanceLeases_D154FFF36886D7FB3814677E70275EC0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Finance Leases</link:label>
    <link:label id="lab_ftai_ProceedsfromSaleofFinanceLeases_D154FFF36886D7FB3814677E70275EC0_documentation_en-US" xlink:label="lab_ftai_ProceedsfromSaleofFinanceLeases_D154FFF36886D7FB3814677E70275EC0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Finance Leases</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ProceedsfromSaleofFinanceLeases" xlink:label="loc_ftai_ProceedsfromSaleofFinanceLeases_D154FFF36886D7FB3814677E70275EC0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ProceedsfromSaleofFinanceLeases_D154FFF36886D7FB3814677E70275EC0" xlink:to="lab_ftai_ProceedsfromSaleofFinanceLeases_D154FFF36886D7FB3814677E70275EC0" xlink:type="arc" />
    <link:label id="lab_ftai_ProceedsFromSaleofEquipmentonLease_21B73F8462ECE1E053E5677E7027DF04_terseLabel_en-US" xlink:label="lab_ftai_ProceedsFromSaleofEquipmentonLease_21B73F8462ECE1E053E5677E7027DF04" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of leasing equipment</link:label>
    <link:label id="lab_ftai_ProceedsFromSaleofEquipmentonLease_21B73F8462ECE1E053E5677E7027DF04_label_en-US" xlink:label="lab_ftai_ProceedsFromSaleofEquipmentonLease_21B73F8462ECE1E053E5677E7027DF04" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds From Sale of Equipment on Lease</link:label>
    <link:label id="lab_ftai_ProceedsFromSaleofEquipmentonLease_21B73F8462ECE1E053E5677E7027DF04_documentation_en-US" xlink:label="lab_ftai_ProceedsFromSaleofEquipmentonLease_21B73F8462ECE1E053E5677E7027DF04" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds From Sale of Equipment on Lease</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ProceedsFromSaleofEquipmentonLease" xlink:label="loc_ftai_ProceedsFromSaleofEquipmentonLease_21B73F8462ECE1E053E5677E7027DF04" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ProceedsFromSaleofEquipmentonLease_21B73F8462ECE1E053E5677E7027DF04" xlink:to="lab_ftai_ProceedsFromSaleofEquipmentonLease_21B73F8462ECE1E053E5677E7027DF04" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_78342BD5948CEDA3006B677E70270D29_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_78342BD5948CEDA3006B677E70270D29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of property, plant and equipment</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_78342BD5948CEDA3006B677E70270D29_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_78342BD5948CEDA3006B677E70270D29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="loc_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_78342BD5948CEDA3006B677E70270D29" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_78342BD5948CEDA3006B677E70270D29" xlink:to="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_78342BD5948CEDA3006B677E70270D29" xlink:type="arc" />
    <link:label id="lab_ftai_ProceedsfromSaleofEquipmentHeldforSale_EA8B7EA273004E74C945677E70272CDC_terseLabel_en-US" xlink:label="lab_ftai_ProceedsfromSaleofEquipmentHeldforSale_EA8B7EA273004E74C945677E70272CDC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of equipment held for sale</link:label>
    <link:label id="lab_ftai_ProceedsfromSaleofEquipmentHeldforSale_EA8B7EA273004E74C945677E70272CDC_label_en-US" xlink:label="lab_ftai_ProceedsfromSaleofEquipmentHeldforSale_EA8B7EA273004E74C945677E70272CDC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Equipment Held for Sale</link:label>
    <link:label id="lab_ftai_ProceedsfromSaleofEquipmentHeldforSale_EA8B7EA273004E74C945677E70272CDC_documentation_en-US" xlink:label="lab_ftai_ProceedsfromSaleofEquipmentHeldforSale_EA8B7EA273004E74C945677E70272CDC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Equipment Held for Sale</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ProceedsfromSaleofEquipmentHeldforSale" xlink:label="loc_ftai_ProceedsfromSaleofEquipmentHeldforSale_EA8B7EA273004E74C945677E70272CDC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ProceedsfromSaleofEquipmentHeldforSale_EA8B7EA273004E74C945677E70272CDC" xlink:to="lab_ftai_ProceedsfromSaleofEquipmentHeldforSale_EA8B7EA273004E74C945677E70272CDC" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_EC72388FD8021B3497C1677E70277250_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_EC72388FD8021B3497C1677E70277250" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from deposit on sale of engine</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_EC72388FD8021B3497C1677E70277250_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_EC72388FD8021B3497C1677E70277250" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Other Assets, Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities" xlink:label="loc_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_EC72388FD8021B3497C1677E70277250" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_EC72388FD8021B3497C1677E70277250" xlink:to="lab_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_EC72388FD8021B3497C1677E70277250" xlink:type="arc" />
    <link:label id="lab_ftai_PaymentsforDepositsonSaleofMachineryandEquipment_39B3FA3F212DBB810EC0677E7027F307_negatedTerseLabel_en-US" xlink:label="lab_ftai_PaymentsforDepositsonSaleofMachineryandEquipment_39B3FA3F212DBB810EC0677E7027F307" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Return of deposit on sale of engine</link:label>
    <link:label id="lab_ftai_PaymentsforDepositsonSaleofMachineryandEquipment_39B3FA3F212DBB810EC0677E7027F307_label_en-US" xlink:label="lab_ftai_PaymentsforDepositsonSaleofMachineryandEquipment_39B3FA3F212DBB810EC0677E7027F307" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Deposits on Sale of Machinery and Equipment</link:label>
    <link:label id="lab_ftai_PaymentsforDepositsonSaleofMachineryandEquipment_39B3FA3F212DBB810EC0677E7027F307_documentation_en-US" xlink:label="lab_ftai_PaymentsforDepositsonSaleofMachineryandEquipment_39B3FA3F212DBB810EC0677E7027F307" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments for Deposits on Sale of Machinery and Equipment</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_PaymentsforDepositsonSaleofMachineryandEquipment" xlink:label="loc_ftai_PaymentsforDepositsonSaleofMachineryandEquipment_39B3FA3F212DBB810EC0677E7027F307" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_PaymentsforDepositsonSaleofMachineryandEquipment_39B3FA3F212DBB810EC0677E7027F307" xlink:to="lab_ftai_PaymentsforDepositsonSaleofMachineryandEquipment_39B3FA3F212DBB810EC0677E7027F307" xlink:type="arc" />
    <link:label id="lab_ftai_PaymentsofEscrowFundingtoAcquireAircraft_E2727105EE5C78B407FC677E702784E6_negatedTerseLabel_en-US" xlink:label="lab_ftai_PaymentsofEscrowFundingtoAcquireAircraft_E2727105EE5C78B407FC677E702784E6" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Escrow funding for the purchase of aircraft</link:label>
    <link:label id="lab_ftai_PaymentsofEscrowFundingtoAcquireAircraft_E2727105EE5C78B407FC677E702784E6_label_en-US" xlink:label="lab_ftai_PaymentsofEscrowFundingtoAcquireAircraft_E2727105EE5C78B407FC677E702784E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Escrow Funding to Acquire Aircraft</link:label>
    <link:label id="lab_ftai_PaymentsofEscrowFundingtoAcquireAircraft_E2727105EE5C78B407FC677E702784E6_documentation_en-US" xlink:label="lab_ftai_PaymentsofEscrowFundingtoAcquireAircraft_E2727105EE5C78B407FC677E702784E6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments of Escrow Funding to Acquire Aircraft</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_PaymentsofEscrowFundingtoAcquireAircraft" xlink:label="loc_ftai_PaymentsofEscrowFundingtoAcquireAircraft_E2727105EE5C78B407FC677E702784E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_PaymentsofEscrowFundingtoAcquireAircraft_E2727105EE5C78B407FC677E702784E6" xlink:to="lab_ftai_PaymentsofEscrowFundingtoAcquireAircraft_E2727105EE5C78B407FC677E702784E6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_21F967F7D7454725C653677E702731B4_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_21F967F7D7454725C653677E702731B4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Return of capital distributions from unconsolidated entities</link:label>
    <link:label id="lab_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_21F967F7D7454725C653677E702731B4_label_en-US" xlink:label="lab_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_21F967F7D7454725C653677E702731B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital" xlink:label="loc_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_21F967F7D7454725C653677E702731B4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_21F967F7D7454725C653677E702731B4" xlink:to="lab_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_21F967F7D7454725C653677E702731B4" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_6481E1218CE47B3CDE73677E7027948F_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_6481E1218CE47B3CDE73677E7027948F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash used in investing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_6481E1218CE47B3CDE73677E7027948F_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_6481E1218CE47B3CDE73677E7027948F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_6481E1218CE47B3CDE73677E7027948F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_6481E1218CE47B3CDE73677E7027948F" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_6481E1218CE47B3CDE73677E7027948F" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_D1CAEECF963514B3C469677E7027384C_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_D1CAEECF963514B3C469677E7027384C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from financing activities:</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_D1CAEECF963514B3C469677E7027384C_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_D1CAEECF963514B3C469677E7027384C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Financing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_D1CAEECF963514B3C469677E7027384C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_D1CAEECF963514B3C469677E7027384C" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_D1CAEECF963514B3C469677E7027384C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_BC9254F7B26001A7F47B677E7027AE77_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_BC9254F7B26001A7F47B677E7027AE77" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from debt</link:label>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_BC9254F7B26001A7F47B677E7027AE77_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_BC9254F7B26001A7F47B677E7027AE77" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Issuance of Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebt" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfLongTermDebt_BC9254F7B26001A7F47B677E7027AE77" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfLongTermDebt_BC9254F7B26001A7F47B677E7027AE77" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_BC9254F7B26001A7F47B677E7027AE77" xlink:type="arc" />
    <link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_42A04666D45A9040B98F677E7027F876_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_42A04666D45A9040B98F677E7027F876" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Repayment of debt</link:label>
    <link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_42A04666D45A9040B98F677E7027F876_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_42A04666D45A9040B98F677E7027F876" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="loc_us-gaap_RepaymentsOfLongTermDebt_42A04666D45A9040B98F677E7027F876" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepaymentsOfLongTermDebt_42A04666D45A9040B98F677E7027F876" xlink:to="lab_us-gaap_RepaymentsOfLongTermDebt_42A04666D45A9040B98F677E7027F876" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToMinorityShareholders_C0366760DB67463A7C74677E7027186E_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToMinorityShareholders_C0366760DB67463A7C74677E7027186E" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Payment of other liabilities to non-controlling interest holder</link:label>
    <link:label id="lab_us-gaap_PaymentsToMinorityShareholders_C0366760DB67463A7C74677E7027186E_label_en-US" xlink:label="lab_us-gaap_PaymentsToMinorityShareholders_C0366760DB67463A7C74677E7027186E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Noncontrolling Interests</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToMinorityShareholders" xlink:label="loc_us-gaap_PaymentsToMinorityShareholders_C0366760DB67463A7C74677E7027186E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToMinorityShareholders_C0366760DB67463A7C74677E7027186E" xlink:to="lab_us-gaap_PaymentsToMinorityShareholders_C0366760DB67463A7C74677E7027186E" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfFinancingCosts_E0B7BA5A08A4C5EA1832677E7028E510_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfFinancingCosts_E0B7BA5A08A4C5EA1832677E7028E510" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Payment of deferred financing costs</link:label>
    <link:label id="lab_us-gaap_PaymentsOfFinancingCosts_E0B7BA5A08A4C5EA1832677E7028E510_label_en-US" xlink:label="lab_us-gaap_PaymentsOfFinancingCosts_E0B7BA5A08A4C5EA1832677E7028E510" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Financing Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsOfFinancingCosts" xlink:label="loc_us-gaap_PaymentsOfFinancingCosts_E0B7BA5A08A4C5EA1832677E7028E510" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfFinancingCosts_E0B7BA5A08A4C5EA1832677E7028E510" xlink:to="lab_us-gaap_PaymentsOfFinancingCosts_E0B7BA5A08A4C5EA1832677E7028E510" xlink:type="arc" />
    <link:label id="lab_ftai_IncreaseinSecurityDeposits_D13477835FD0C59940F5677E70285786_terseLabel_en-US" xlink:label="lab_ftai_IncreaseinSecurityDeposits_D13477835FD0C59940F5677E70285786" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receipt of security deposits</link:label>
    <link:label id="lab_ftai_IncreaseinSecurityDeposits_D13477835FD0C59940F5677E70285786_label_en-US" xlink:label="lab_ftai_IncreaseinSecurityDeposits_D13477835FD0C59940F5677E70285786" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase in Security Deposits</link:label>
    <link:label id="lab_ftai_IncreaseinSecurityDeposits_D13477835FD0C59940F5677E70285786_documentation_en-US" xlink:label="lab_ftai_IncreaseinSecurityDeposits_D13477835FD0C59940F5677E70285786" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase in Security Deposits</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_IncreaseinSecurityDeposits" xlink:label="loc_ftai_IncreaseinSecurityDeposits_D13477835FD0C59940F5677E70285786" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_IncreaseinSecurityDeposits_D13477835FD0C59940F5677E70285786" xlink:to="lab_ftai_IncreaseinSecurityDeposits_D13477835FD0C59940F5677E70285786" xlink:type="arc" />
    <link:label id="lab_ftai_DecreaseinSecurityDeposits_479C76B217649F3E1CDA677E7028CF27_negatedTerseLabel_en-US" xlink:label="lab_ftai_DecreaseinSecurityDeposits_479C76B217649F3E1CDA677E7028CF27" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Return of security deposits</link:label>
    <link:label id="lab_ftai_DecreaseinSecurityDeposits_479C76B217649F3E1CDA677E7028CF27_label_en-US" xlink:label="lab_ftai_DecreaseinSecurityDeposits_479C76B217649F3E1CDA677E7028CF27" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease in Security Deposits</link:label>
    <link:label id="lab_ftai_DecreaseinSecurityDeposits_479C76B217649F3E1CDA677E7028CF27_documentation_en-US" xlink:label="lab_ftai_DecreaseinSecurityDeposits_479C76B217649F3E1CDA677E7028CF27" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Decrease in Security Deposits</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_DecreaseinSecurityDeposits" xlink:label="loc_ftai_DecreaseinSecurityDeposits_479C76B217649F3E1CDA677E7028CF27" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_DecreaseinSecurityDeposits_479C76B217649F3E1CDA677E7028CF27" xlink:to="lab_ftai_DecreaseinSecurityDeposits_479C76B217649F3E1CDA677E7028CF27" xlink:type="arc" />
    <link:label id="lab_ftai_IncreaseinMaintenanceDeposits_2BF963410C4EEF369D7A677E70280791_terseLabel_en-US" xlink:label="lab_ftai_IncreaseinMaintenanceDeposits_2BF963410C4EEF369D7A677E70280791" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receipt of maintenance deposits</link:label>
    <link:label id="lab_ftai_IncreaseinMaintenanceDeposits_2BF963410C4EEF369D7A677E70280791_label_en-US" xlink:label="lab_ftai_IncreaseinMaintenanceDeposits_2BF963410C4EEF369D7A677E70280791" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase in Maintenance Deposits</link:label>
    <link:label id="lab_ftai_IncreaseinMaintenanceDeposits_2BF963410C4EEF369D7A677E70280791_documentation_en-US" xlink:label="lab_ftai_IncreaseinMaintenanceDeposits_2BF963410C4EEF369D7A677E70280791" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase in Maintenance Deposits</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_IncreaseinMaintenanceDeposits" xlink:label="loc_ftai_IncreaseinMaintenanceDeposits_2BF963410C4EEF369D7A677E70280791" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_IncreaseinMaintenanceDeposits_2BF963410C4EEF369D7A677E70280791" xlink:to="lab_ftai_IncreaseinMaintenanceDeposits_2BF963410C4EEF369D7A677E70280791" xlink:type="arc" />
    <link:label id="lab_ftai_DecreaseinMaintenanceDeposits_9B89FD287488232F76F3677E70284CA6_negatedTerseLabel_en-US" xlink:label="lab_ftai_DecreaseinMaintenanceDeposits_9B89FD287488232F76F3677E70284CA6" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Release of maintenance deposits</link:label>
    <link:label id="lab_ftai_DecreaseinMaintenanceDeposits_9B89FD287488232F76F3677E70284CA6_label_en-US" xlink:label="lab_ftai_DecreaseinMaintenanceDeposits_9B89FD287488232F76F3677E70284CA6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease in Maintenance Deposits</link:label>
    <link:label id="lab_ftai_DecreaseinMaintenanceDeposits_9B89FD287488232F76F3677E70284CA6_documentation_en-US" xlink:label="lab_ftai_DecreaseinMaintenanceDeposits_9B89FD287488232F76F3677E70284CA6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Decrease in Maintenance Deposits</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_DecreaseinMaintenanceDeposits" xlink:label="loc_ftai_DecreaseinMaintenanceDeposits_9B89FD287488232F76F3677E70284CA6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_DecreaseinMaintenanceDeposits_9B89FD287488232F76F3677E70284CA6" xlink:to="lab_ftai_DecreaseinMaintenanceDeposits_9B89FD287488232F76F3677E70284CA6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_9D37CBC41084C52203AE677E702860A6_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_9D37CBC41084C52203AE677E702860A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from issuance of common shares, net of underwriter's discount</link:label>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_9D37CBC41084C52203AE677E702860A6_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_9D37CBC41084C52203AE677E702860A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Issuance of Common Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_9D37CBC41084C52203AE677E702860A6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_9D37CBC41084C52203AE677E702860A6" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_9D37CBC41084C52203AE677E702860A6" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfStockIssuanceCosts_3EFD05B3DD5AB94C41F0677E702857CD_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfStockIssuanceCosts_3EFD05B3DD5AB94C41F0677E702857CD" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Common shares issuance costs</link:label>
    <link:label id="lab_us-gaap_PaymentsOfStockIssuanceCosts_3EFD05B3DD5AB94C41F0677E702857CD_label_en-US" xlink:label="lab_us-gaap_PaymentsOfStockIssuanceCosts_3EFD05B3DD5AB94C41F0677E702857CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Stock Issuance Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsOfStockIssuanceCosts" xlink:label="loc_us-gaap_PaymentsOfStockIssuanceCosts_3EFD05B3DD5AB94C41F0677E702857CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfStockIssuanceCosts_3EFD05B3DD5AB94C41F0677E702857CD" xlink:to="lab_us-gaap_PaymentsOfStockIssuanceCosts_3EFD05B3DD5AB94C41F0677E702857CD" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromPartnershipContribution_BDCDA52773DA0B705E9D677E70285C4B_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPartnershipContribution_BDCDA52773DA0B705E9D677E70285C4B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital contributions from shareholders</link:label>
    <link:label id="lab_us-gaap_ProceedsFromPartnershipContribution_BDCDA52773DA0B705E9D677E70285C4B_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPartnershipContribution_BDCDA52773DA0B705E9D677E70285C4B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Partnership Contribution</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromPartnershipContribution" xlink:label="loc_us-gaap_ProceedsFromPartnershipContribution_BDCDA52773DA0B705E9D677E70285C4B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromPartnershipContribution_BDCDA52773DA0B705E9D677E70285C4B" xlink:to="lab_us-gaap_ProceedsFromPartnershipContribution_BDCDA52773DA0B705E9D677E70285C4B" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfCapitalDistribution_C8B82AB5B0FCE545EA3A677E70281D66_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfCapitalDistribution_C8B82AB5B0FCE545EA3A677E70281D66" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Capital distributions to shareholders</link:label>
    <link:label id="lab_us-gaap_PaymentsOfCapitalDistribution_C8B82AB5B0FCE545EA3A677E70281D66_label_en-US" xlink:label="lab_us-gaap_PaymentsOfCapitalDistribution_C8B82AB5B0FCE545EA3A677E70281D66" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Capital Distribution</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsOfCapitalDistribution" xlink:label="loc_us-gaap_PaymentsOfCapitalDistribution_C8B82AB5B0FCE545EA3A677E70281D66" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfCapitalDistribution_C8B82AB5B0FCE545EA3A677E70281D66" xlink:to="lab_us-gaap_PaymentsOfCapitalDistribution_C8B82AB5B0FCE545EA3A677E70281D66" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromContributionsFromAffiliates_56C5E467197A8890F1BB677E7028DD3F_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromContributionsFromAffiliates_56C5E467197A8890F1BB677E7028DD3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital contributions from non-controlling interests</link:label>
    <link:label id="lab_us-gaap_ProceedsFromContributionsFromAffiliates_56C5E467197A8890F1BB677E7028DD3F_label_en-US" xlink:label="lab_us-gaap_ProceedsFromContributionsFromAffiliates_56C5E467197A8890F1BB677E7028DD3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Contributions from Affiliates</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromContributionsFromAffiliates" xlink:label="loc_us-gaap_ProceedsFromContributionsFromAffiliates_56C5E467197A8890F1BB677E7028DD3F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromContributionsFromAffiliates_56C5E467197A8890F1BB677E7028DD3F" xlink:to="lab_us-gaap_ProceedsFromContributionsFromAffiliates_56C5E467197A8890F1BB677E7028DD3F" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfDistributionsToAffiliates_4CC3C71AB03335AB7B56677E7028C42B_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDistributionsToAffiliates_4CC3C71AB03335AB7B56677E7028C42B" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Capital distributions to non-controlling interests</link:label>
    <link:label id="lab_us-gaap_PaymentsOfDistributionsToAffiliates_4CC3C71AB03335AB7B56677E7028C42B_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDistributionsToAffiliates_4CC3C71AB03335AB7B56677E7028C42B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Distributions to Affiliates</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsOfDistributionsToAffiliates" xlink:label="loc_us-gaap_PaymentsOfDistributionsToAffiliates_4CC3C71AB03335AB7B56677E7028C42B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDistributionsToAffiliates_4CC3C71AB03335AB7B56677E7028C42B" xlink:to="lab_us-gaap_PaymentsOfDistributionsToAffiliates_4CC3C71AB03335AB7B56677E7028C42B" xlink:type="arc" />
    <link:label id="lab_ftai_PaymentforSettlementofEquityBasedCompensation_AA444ECEB3BEEBED30B0677E7028CFEE_negatedTerseLabel_en-US" xlink:label="lab_ftai_PaymentforSettlementofEquityBasedCompensation_AA444ECEB3BEEBED30B0677E7028CFEE" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Settlement of equity-based compensation</link:label>
    <link:label id="lab_ftai_PaymentforSettlementofEquityBasedCompensation_AA444ECEB3BEEBED30B0677E7028CFEE_label_en-US" xlink:label="lab_ftai_PaymentforSettlementofEquityBasedCompensation_AA444ECEB3BEEBED30B0677E7028CFEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payment for Settlement of Equity Based Compensation</link:label>
    <link:label id="lab_ftai_PaymentforSettlementofEquityBasedCompensation_AA444ECEB3BEEBED30B0677E7028CFEE_documentation_en-US" xlink:label="lab_ftai_PaymentforSettlementofEquityBasedCompensation_AA444ECEB3BEEBED30B0677E7028CFEE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payment for Settlement of Equity Based Compensation</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_PaymentforSettlementofEquityBasedCompensation" xlink:label="loc_ftai_PaymentforSettlementofEquityBasedCompensation_AA444ECEB3BEEBED30B0677E7028CFEE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_PaymentforSettlementofEquityBasedCompensation_AA444ECEB3BEEBED30B0677E7028CFEE" xlink:to="lab_ftai_PaymentforSettlementofEquityBasedCompensation_AA444ECEB3BEEBED30B0677E7028CFEE" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfDividends_E04AAF46831CE224CA6C677E7028BC0F_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_E04AAF46831CE224CA6C677E7028BC0F" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Cash dividends</link:label>
    <link:label id="lab_us-gaap_PaymentsOfDividends_E04AAF46831CE224CA6C677E7028BC0F_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_E04AAF46831CE224CA6C677E7028BC0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Dividends</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="loc_us-gaap_PaymentsOfDividends_E04AAF46831CE224CA6C677E7028BC0F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDividends_E04AAF46831CE224CA6C677E7028BC0F" xlink:to="lab_us-gaap_PaymentsOfDividends_E04AAF46831CE224CA6C677E7028BC0F" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_138CD4005BCFDBEDE899677E7028798D_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_138CD4005BCFDBEDE899677E7028798D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash (used in) provided by financing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_138CD4005BCFDBEDE899677E7028798D_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_138CD4005BCFDBEDE899677E7028798D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Financing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_138CD4005BCFDBEDE899677E7028798D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_138CD4005BCFDBEDE899677E7028798D" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_138CD4005BCFDBEDE899677E7028798D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_AAAC7F4ECC1FDFB4FCAF677E7028B571_totalLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_AAAC7F4ECC1FDFB4FCAF677E7028B571" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net (decrease) increase in cash and cash equivalents</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_AAAC7F4ECC1FDFB4FCAF677E7028B571_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_AAAC7F4ECC1FDFB4FCAF677E7028B571" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, Period Increase (Decrease)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_AAAC7F4ECC1FDFB4FCAF677E7028B571" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_AAAC7F4ECC1FDFB4FCAF677E7028B571" xlink:to="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_AAAC7F4ECC1FDFB4FCAF677E7028B571" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_0309004BA340AA884E8A677E7028157E_periodStartLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_0309004BA340AA884E8A677E7028157E" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents, beginning of period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_0309004BA340AA884E8A677E7028157E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_0309004BA340AA884E8A677E7028157E" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_0309004BA340AA884E8A677E7028157E" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_4C064398E78AE5368D55677E702891F0_periodEndLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_4C064398E78AE5368D55677E702891F0" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents, end of period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_4C064398E78AE5368D55677E702891F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_4C064398E78AE5368D55677E702891F0" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_4C064398E78AE5368D55677E702891F0" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_310328D795E911C4B6BD677E70281CD3_terseLabel_en-US" xlink:label="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_310328D795E911C4B6BD677E70281CD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental disclosure of non-cash investing and financing activities:</link:label>
    <link:label id="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_310328D795E911C4B6BD677E70281CD3_label_en-US" xlink:label="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_310328D795E911C4B6BD677E70281CD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract" xlink:label="loc_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_310328D795E911C4B6BD677E70281CD3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_310328D795E911C4B6BD677E70281CD3" xlink:to="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_310328D795E911C4B6BD677E70281CD3" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestPaid_699427F54A9DBB3530DF677E702945DD_terseLabel_en-US" xlink:label="lab_us-gaap_InterestPaid_699427F54A9DBB3530DF677E702945DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash paid for interest, net of capitalized interest</link:label>
    <link:label id="lab_us-gaap_InterestPaid_699427F54A9DBB3530DF677E702945DD_label_en-US" xlink:label="lab_us-gaap_InterestPaid_699427F54A9DBB3530DF677E702945DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Paid</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InterestPaid" xlink:label="loc_us-gaap_InterestPaid_699427F54A9DBB3530DF677E702945DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestPaid_699427F54A9DBB3530DF677E702945DD" xlink:to="lab_us-gaap_InterestPaid_699427F54A9DBB3530DF677E702945DD" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxesPaidNet_5E5EC139C3CEB4C9BAAC677E7029F3AA_verboseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxesPaidNet_5E5EC139C3CEB4C9BAAC677E7029F3AA" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash paid for taxes</link:label>
    <link:label id="lab_us-gaap_IncomeTaxesPaidNet_5E5EC139C3CEB4C9BAAC677E7029F3AA_label_en-US" xlink:label="lab_us-gaap_IncomeTaxesPaidNet_5E5EC139C3CEB4C9BAAC677E7029F3AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Taxes Paid, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="loc_us-gaap_IncomeTaxesPaidNet_5E5EC139C3CEB4C9BAAC677E7029F3AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxesPaidNet_5E5EC139C3CEB4C9BAAC677E7029F3AA" xlink:to="lab_us-gaap_IncomeTaxesPaidNet_5E5EC139C3CEB4C9BAAC677E7029F3AA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities_47C13756D4631F45A180677E70298859_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities_47C13756D4631F45A180677E70298859" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash proceeds from borrowings of debt</link:label>
    <link:label id="lab_us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities_47C13756D4631F45A180677E70298859_label_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities_47C13756D4631F45A180677E70298859" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from (Repayments of) Restricted Cash, Financing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities_47C13756D4631F45A180677E70298859" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities_47C13756D4631F45A180677E70298859" xlink:to="lab_us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities_47C13756D4631F45A180677E70298859" xlink:type="arc" />
    <link:label id="lab_ftai_NoncashorPartNoncashAcquisitionLeasingEquipmentAcquired_14D0A1A33B2F8CC1F99A677E7029461D_negatedTerseLabel_en-US" xlink:label="lab_ftai_NoncashorPartNoncashAcquisitionLeasingEquipmentAcquired_14D0A1A33B2F8CC1F99A677E7029461D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of leasing equipment</link:label>
    <link:label id="lab_ftai_NoncashorPartNoncashAcquisitionLeasingEquipmentAcquired_14D0A1A33B2F8CC1F99A677E7029461D_label_en-US" xlink:label="lab_ftai_NoncashorPartNoncashAcquisitionLeasingEquipmentAcquired_14D0A1A33B2F8CC1F99A677E7029461D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncash or Part Noncash Acquisition, Leasing Equipment Acquired</link:label>
    <link:label id="lab_ftai_NoncashorPartNoncashAcquisitionLeasingEquipmentAcquired_14D0A1A33B2F8CC1F99A677E7029461D_documentation_en-US" xlink:label="lab_ftai_NoncashorPartNoncashAcquisitionLeasingEquipmentAcquired_14D0A1A33B2F8CC1F99A677E7029461D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Noncash or Part Noncash Acquisition, Leasing Equipment Acquired</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_NoncashorPartNoncashAcquisitionLeasingEquipmentAcquired" xlink:label="loc_ftai_NoncashorPartNoncashAcquisitionLeasingEquipmentAcquired_14D0A1A33B2F8CC1F99A677E7029461D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_NoncashorPartNoncashAcquisitionLeasingEquipmentAcquired_14D0A1A33B2F8CC1F99A677E7029461D" xlink:to="lab_ftai_NoncashorPartNoncashAcquisitionLeasingEquipmentAcquired_14D0A1A33B2F8CC1F99A677E7029461D" xlink:type="arc" />
    <link:label id="lab_us-gaap_NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1_5CF9A6EF3F1C35DD1076677E7029F71D_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1_5CF9A6EF3F1C35DD1076677E7029F71D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of CMQR</link:label>
    <link:label id="lab_us-gaap_NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1_5CF9A6EF3F1C35DD1076677E7029F71D_label_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1_5CF9A6EF3F1C35DD1076677E7029F71D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncash or Part Noncash Acquisition, Other Liabilities Assumed</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1" xlink:label="loc_us-gaap_NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1_5CF9A6EF3F1C35DD1076677E7029F71D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1_5CF9A6EF3F1C35DD1076677E7029F71D" xlink:to="lab_us-gaap_NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1_5CF9A6EF3F1C35DD1076677E7029F71D" xlink:type="arc" />
    <link:label id="lab_ftai_NoncashPaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_EDD479439127BFB3E3B1677E7029A7C5_terseLabel_en-US" xlink:label="lab_ftai_NoncashPaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_EDD479439127BFB3E3B1677E7029A7C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of Jefferson</link:label>
    <link:label id="lab_ftai_NoncashPaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_EDD479439127BFB3E3B1677E7029A7C5_label_en-US" xlink:label="lab_ftai_NoncashPaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_EDD479439127BFB3E3B1677E7029A7C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncash Payments to Acquire Businesses, Gross, Excluding Pre-Existing Debt Relationships</link:label>
    <link:label id="lab_ftai_NoncashPaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_EDD479439127BFB3E3B1677E7029A7C5_documentation_en-US" xlink:label="lab_ftai_NoncashPaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_EDD479439127BFB3E3B1677E7029A7C5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Noncash Payments to Acquire Businesses, Gross, Excluding Pre-Existing Debt Relationships</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_NoncashPaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships" xlink:label="loc_ftai_NoncashPaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_EDD479439127BFB3E3B1677E7029A7C5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_NoncashPaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_EDD479439127BFB3E3B1677E7029A7C5" xlink:to="lab_ftai_NoncashPaymentstoAcquireBusinessesGrossExcludingPreExistingDebtRelationships_EDD479439127BFB3E3B1677E7029A7C5" xlink:type="arc" />
    <link:label id="lab_us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1_2B9C207951FEF222A17A677E70291335_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1_2B9C207951FEF222A17A677E70291335" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of property, plant and equipment</link:label>
    <link:label id="lab_us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1_2B9C207951FEF222A17A677E70291335_label_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1_2B9C207951FEF222A17A677E70291335" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncash or Part Noncash Acquisition, Fixed Assets Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1" xlink:label="loc_us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1_2B9C207951FEF222A17A677E70291335" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1_2B9C207951FEF222A17A677E70291335" xlink:to="lab_us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1_2B9C207951FEF222A17A677E70291335" xlink:type="arc" />
    <link:label id="lab_ftai_NoncashofPartNoncashFinancingofProperty_D4E296850D85D7C175C1677E702943AC_terseLabel_en-US" xlink:label="lab_ftai_NoncashofPartNoncashFinancingofProperty_D4E296850D85D7C175C1677E702943AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing of property, plant and equipment</link:label>
    <link:label id="lab_ftai_NoncashofPartNoncashFinancingofProperty_D4E296850D85D7C175C1677E702943AC_label_en-US" xlink:label="lab_ftai_NoncashofPartNoncashFinancingofProperty_D4E296850D85D7C175C1677E702943AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncash of Part Noncash Financing of Property</link:label>
    <link:label id="lab_ftai_NoncashofPartNoncashFinancingofProperty_D4E296850D85D7C175C1677E702943AC_documentation_en-US" xlink:label="lab_ftai_NoncashofPartNoncashFinancingofProperty_D4E296850D85D7C175C1677E702943AC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Noncash of Part Noncash Financing of Property</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_NoncashofPartNoncashFinancingofProperty" xlink:label="loc_ftai_NoncashofPartNoncashFinancingofProperty_D4E296850D85D7C175C1677E702943AC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_NoncashofPartNoncashFinancingofProperty_D4E296850D85D7C175C1677E702943AC" xlink:to="lab_ftai_NoncashofPartNoncashFinancingofProperty_D4E296850D85D7C175C1677E702943AC" xlink:type="arc" />
    <link:label id="lab_ftai_NoncashorPartNoncashAcquisitionSecurityDepositsSettledandAssumed_F8F18A24EC35AB06D5AE677E7029CF88_terseLabel_en-US" xlink:label="lab_ftai_NoncashorPartNoncashAcquisitionSecurityDepositsSettledandAssumed_F8F18A24EC35AB06D5AE677E7029CF88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Settled and assumed security deposits</link:label>
    <link:label id="lab_ftai_NoncashorPartNoncashAcquisitionSecurityDepositsSettledandAssumed_F8F18A24EC35AB06D5AE677E7029CF88_label_en-US" xlink:label="lab_ftai_NoncashorPartNoncashAcquisitionSecurityDepositsSettledandAssumed_F8F18A24EC35AB06D5AE677E7029CF88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncash or Part Noncash Acquisition, Security Deposits Settled and Assumed</link:label>
    <link:label id="lab_ftai_NoncashorPartNoncashAcquisitionSecurityDepositsSettledandAssumed_F8F18A24EC35AB06D5AE677E7029CF88_documentation_en-US" xlink:label="lab_ftai_NoncashorPartNoncashAcquisitionSecurityDepositsSettledandAssumed_F8F18A24EC35AB06D5AE677E7029CF88" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Noncash or Part Noncash Acquisition, Security Deposits Settled and Assumed</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_NoncashorPartNoncashAcquisitionSecurityDepositsSettledandAssumed" xlink:label="loc_ftai_NoncashorPartNoncashAcquisitionSecurityDepositsSettledandAssumed_F8F18A24EC35AB06D5AE677E7029CF88" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_NoncashorPartNoncashAcquisitionSecurityDepositsSettledandAssumed_F8F18A24EC35AB06D5AE677E7029CF88" xlink:to="lab_ftai_NoncashorPartNoncashAcquisitionSecurityDepositsSettledandAssumed_F8F18A24EC35AB06D5AE677E7029CF88" xlink:type="arc" />
    <link:label id="lab_ftai_NoncashorPartNoncashAcquisitionMaintenanceDepositsBilledandAssumed_18C1D7D102943721FBA3677E7029F939_terseLabel_en-US" xlink:label="lab_ftai_NoncashorPartNoncashAcquisitionMaintenanceDepositsBilledandAssumed_18C1D7D102943721FBA3677E7029F939" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Billed, assumed and settled maintenance deposits</link:label>
    <link:label id="lab_ftai_NoncashorPartNoncashAcquisitionMaintenanceDepositsBilledandAssumed_18C1D7D102943721FBA3677E7029F939_label_en-US" xlink:label="lab_ftai_NoncashorPartNoncashAcquisitionMaintenanceDepositsBilledandAssumed_18C1D7D102943721FBA3677E7029F939" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncash or Part Noncash Acquisition, Maintenance Deposits Billed and Assumed</link:label>
    <link:label id="lab_ftai_NoncashorPartNoncashAcquisitionMaintenanceDepositsBilledandAssumed_18C1D7D102943721FBA3677E7029F939_documentation_en-US" xlink:label="lab_ftai_NoncashorPartNoncashAcquisitionMaintenanceDepositsBilledandAssumed_18C1D7D102943721FBA3677E7029F939" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Noncash or Part Noncash Acquisition, Maintenance Deposits Billed and Assumed</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_NoncashorPartNoncashAcquisitionMaintenanceDepositsBilledandAssumed" xlink:label="loc_ftai_NoncashorPartNoncashAcquisitionMaintenanceDepositsBilledandAssumed_18C1D7D102943721FBA3677E7029F939" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_NoncashorPartNoncashAcquisitionMaintenanceDepositsBilledandAssumed_18C1D7D102943721FBA3677E7029F939" xlink:to="lab_ftai_NoncashorPartNoncashAcquisitionMaintenanceDepositsBilledandAssumed_18C1D7D102943721FBA3677E7029F939" xlink:type="arc" />
    <link:label id="lab_ftai_DeferredFinancingCostsNonCash_D9A7BD71C1AB6D3EEA2E677E702919EF_negatedTerseLabel_en-US" xlink:label="lab_ftai_DeferredFinancingCostsNonCash_D9A7BD71C1AB6D3EEA2E677E702919EF" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Deferred financing costs</link:label>
    <link:label id="lab_ftai_DeferredFinancingCostsNonCash_D9A7BD71C1AB6D3EEA2E677E702919EF_label_en-US" xlink:label="lab_ftai_DeferredFinancingCostsNonCash_D9A7BD71C1AB6D3EEA2E677E702919EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Financing Costs, Non-Cash</link:label>
    <link:label id="lab_ftai_DeferredFinancingCostsNonCash_D9A7BD71C1AB6D3EEA2E677E702919EF_documentation_en-US" xlink:label="lab_ftai_DeferredFinancingCostsNonCash_D9A7BD71C1AB6D3EEA2E677E702919EF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Financing Costs, Non-Cash</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_DeferredFinancingCostsNonCash" xlink:label="loc_ftai_DeferredFinancingCostsNonCash_D9A7BD71C1AB6D3EEA2E677E702919EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_DeferredFinancingCostsNonCash_D9A7BD71C1AB6D3EEA2E677E702919EF" xlink:to="lab_ftai_DeferredFinancingCostsNonCash_D9A7BD71C1AB6D3EEA2E677E702919EF" xlink:type="arc" />
    <link:label id="lab_ftai_NoncashContributionofNoncontrollingInterest_1ABEB6D637458F2E5926677E7029EE41_terseLabel_en-US" xlink:label="lab_ftai_NoncashContributionofNoncontrollingInterest_1ABEB6D637458F2E5926677E7029EE41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-cash contribution of non-controlling interest</link:label>
    <link:label id="lab_ftai_NoncashContributionofNoncontrollingInterest_1ABEB6D637458F2E5926677E7029EE41_label_en-US" xlink:label="lab_ftai_NoncashContributionofNoncontrollingInterest_1ABEB6D637458F2E5926677E7029EE41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncash Contribution of Noncontrolling Interest</link:label>
    <link:label id="lab_ftai_NoncashContributionofNoncontrollingInterest_1ABEB6D637458F2E5926677E7029EE41_documentation_en-US" xlink:label="lab_ftai_NoncashContributionofNoncontrollingInterest_1ABEB6D637458F2E5926677E7029EE41" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Noncash Contribution of Noncontrolling Interest</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_NoncashContributionofNoncontrollingInterest" xlink:label="loc_ftai_NoncashContributionofNoncontrollingInterest_1ABEB6D637458F2E5926677E7029EE41" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_NoncashContributionofNoncontrollingInterest_1ABEB6D637458F2E5926677E7029EE41" xlink:to="lab_ftai_NoncashContributionofNoncontrollingInterest_1ABEB6D637458F2E5926677E7029EE41" xlink:type="arc" />
    <link:label id="lab_ftai_StockIssuanceCostsIncurredDuringNoncashorPartialNoncashTransaction_B6B39A3B0F7200FB4A53677E70297563_negatedTerseLabel_en-US" xlink:label="lab_ftai_StockIssuanceCostsIncurredDuringNoncashorPartialNoncashTransaction_B6B39A3B0F7200FB4A53677E70297563" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Common share issuance costs</link:label>
    <link:label id="lab_ftai_StockIssuanceCostsIncurredDuringNoncashorPartialNoncashTransaction_B6B39A3B0F7200FB4A53677E70297563_label_en-US" xlink:label="lab_ftai_StockIssuanceCostsIncurredDuringNoncashorPartialNoncashTransaction_B6B39A3B0F7200FB4A53677E70297563" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issuance Costs Incurred During Noncash or Partial Noncash Transaction</link:label>
    <link:label id="lab_ftai_StockIssuanceCostsIncurredDuringNoncashorPartialNoncashTransaction_B6B39A3B0F7200FB4A53677E70297563_documentation_en-US" xlink:label="lab_ftai_StockIssuanceCostsIncurredDuringNoncashorPartialNoncashTransaction_B6B39A3B0F7200FB4A53677E70297563" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stock Issuance Costs Incurred During Noncash or Partial Noncash Transaction</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_StockIssuanceCostsIncurredDuringNoncashorPartialNoncashTransaction" xlink:label="loc_ftai_StockIssuanceCostsIncurredDuringNoncashorPartialNoncashTransaction_B6B39A3B0F7200FB4A53677E70297563" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_StockIssuanceCostsIncurredDuringNoncashorPartialNoncashTransaction_B6B39A3B0F7200FB4A53677E70297563" xlink:to="lab_ftai_StockIssuanceCostsIncurredDuringNoncashorPartialNoncashTransaction_B6B39A3B0F7200FB4A53677E70297563" xlink:type="arc" />
    <link:label id="lab_ftai_EquityCompensationtoNoncontrollingInterest_13A8F5B6767C91BFB4B0677E7029527A_terseLabel_en-US" xlink:label="lab_ftai_EquityCompensationtoNoncontrollingInterest_13A8F5B6767C91BFB4B0677E7029527A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Compensation to Non-controlling Interest</link:label>
    <link:label id="lab_ftai_EquityCompensationtoNoncontrollingInterest_13A8F5B6767C91BFB4B0677E7029527A_label_en-US" xlink:label="lab_ftai_EquityCompensationtoNoncontrollingInterest_13A8F5B6767C91BFB4B0677E7029527A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Compensation to Non-controlling Interest</link:label>
    <link:label id="lab_ftai_EquityCompensationtoNoncontrollingInterest_13A8F5B6767C91BFB4B0677E7029527A_documentation_en-US" xlink:label="lab_ftai_EquityCompensationtoNoncontrollingInterest_13A8F5B6767C91BFB4B0677E7029527A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Compensation to Non-controlling Interest</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_EquityCompensationtoNoncontrollingInterest" xlink:label="loc_ftai_EquityCompensationtoNoncontrollingInterest_13A8F5B6767C91BFB4B0677E7029527A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_EquityCompensationtoNoncontrollingInterest_13A8F5B6767C91BFB4B0677E7029527A" xlink:to="lab_ftai_EquityCompensationtoNoncontrollingInterest_13A8F5B6767C91BFB4B0677E7029527A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1_BA02C3CECEFAC127D1FB677E7029F361_terseLabel_en-US" xlink:label="lab_us-gaap_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1_BA02C3CECEFAC127D1FB677E7029F361" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge</link:label>
    <link:label id="lab_us-gaap_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1_BA02C3CECEFAC127D1FB677E7029F361_label_en-US" xlink:label="lab_us-gaap_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1_BA02C3CECEFAC127D1FB677E7029F361" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1" xlink:label="loc_us-gaap_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1_BA02C3CECEFAC127D1FB677E7029F361" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1_BA02C3CECEFAC127D1FB677E7029F361" xlink:to="lab_us-gaap_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1_BA02C3CECEFAC127D1FB677E7029F361" xlink:type="arc" />
    <link:label id="lab_ftai_DistributionPayable_B8084A6DB90578BDF104677E7029FC2C_negatedTerseLabel_en-US" xlink:label="lab_ftai_DistributionPayable_B8084A6DB90578BDF104677E7029FC2C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Distribution Payable</link:label>
    <link:label id="lab_ftai_DistributionPayable_B8084A6DB90578BDF104677E7029FC2C_label_en-US" xlink:label="lab_ftai_DistributionPayable_B8084A6DB90578BDF104677E7029FC2C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Distribution Payable</link:label>
    <link:label id="lab_ftai_DistributionPayable_B8084A6DB90578BDF104677E7029FC2C_documentation_en-US" xlink:label="lab_ftai_DistributionPayable_B8084A6DB90578BDF104677E7029FC2C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Distribution Payable</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_DistributionPayable" xlink:label="loc_ftai_DistributionPayable_B8084A6DB90578BDF104677E7029FC2C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_DistributionPayable_B8084A6DB90578BDF104677E7029FC2C" xlink:to="lab_ftai_DistributionPayable_B8084A6DB90578BDF104677E7029FC2C" xlink:type="arc" />
    <link:label id="lab_ftai_LoanReceivablefromNonControllingInterest_9844474A96A44133087B677E7029E9EA_terseLabel_en-US" xlink:label="lab_ftai_LoanReceivablefromNonControllingInterest_9844474A96A44133087B677E7029E9EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loan Receivable from Non-Controlling Interest</link:label>
    <link:label id="lab_ftai_LoanReceivablefromNonControllingInterest_9844474A96A44133087B677E7029E9EA_label_en-US" xlink:label="lab_ftai_LoanReceivablefromNonControllingInterest_9844474A96A44133087B677E7029E9EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan Receivable from Non-Controlling Interest</link:label>
    <link:label id="lab_ftai_LoanReceivablefromNonControllingInterest_9844474A96A44133087B677E7029E9EA_documentation_en-US" xlink:label="lab_ftai_LoanReceivablefromNonControllingInterest_9844474A96A44133087B677E7029E9EA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loan Receivable from Non-Controlling Interest</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_LoanReceivablefromNonControllingInterest" xlink:label="loc_ftai_LoanReceivablefromNonControllingInterest_9844474A96A44133087B677E7029E9EA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_LoanReceivablefromNonControllingInterest_9844474A96A44133087B677E7029E9EA" xlink:to="lab_ftai_LoanReceivablefromNonControllingInterest_9844474A96A44133087B677E7029E9EA" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationsAbstract_C8FA7D791F18EDE667E76776B5540514_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationsAbstract_C8FA7D791F18EDE667E76776B5540514" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combinations [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationsAbstract" xlink:label="loc_us-gaap_BusinessCombinationsAbstract_C8FA7D791F18EDE667E76776B5540514" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationsAbstract_C8FA7D791F18EDE667E76776B5540514" xlink:to="lab_us-gaap_BusinessCombinationsAbstract_C8FA7D791F18EDE667E76776B5540514" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_431B18C569255FBE20F96776B555ED56_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_431B18C569255FBE20F96776B555ED56" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Business Acquisitions, by Acquisition [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_431B18C569255FBE20F96776B555ED56_label_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_431B18C569255FBE20F96776B555ED56" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Business Acquisitions, by Acquisition [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_431B18C569255FBE20F96776B555ED56" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_431B18C569255FBE20F96776B555ED56" xlink:to="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_431B18C569255FBE20F96776B555ED56" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionAxis_AE2E04DBE255CC45F4746776B5551701_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAxis_AE2E04DBE255CC45F4746776B5551701" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisition [Axis]</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionAxis_AE2E04DBE255CC45F4746776B5551701_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAxis_AE2E04DBE255CC45F4746776B5551701" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessAcquisitionAxis" xlink:label="loc_us-gaap_BusinessAcquisitionAxis_AE2E04DBE255CC45F4746776B5551701" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionAxis_AE2E04DBE255CC45F4746776B5551701" xlink:to="lab_us-gaap_BusinessAcquisitionAxis_AE2E04DBE255CC45F4746776B5551701" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionAcquireeDomain_A24034CB4FDB0C5BFD1A6776B55564C6_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAcquireeDomain_A24034CB4FDB0C5BFD1A6776B55564C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisition, Acquiree [Domain]</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionAcquireeDomain_A24034CB4FDB0C5BFD1A6776B55564C6_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAcquireeDomain_A24034CB4FDB0C5BFD1A6776B55564C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Acquiree [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessAcquisitionAcquireeDomain" xlink:label="loc_us-gaap_BusinessAcquisitionAcquireeDomain_A24034CB4FDB0C5BFD1A6776B55564C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionAcquireeDomain_A24034CB4FDB0C5BFD1A6776B55564C6" xlink:to="lab_us-gaap_BusinessAcquisitionAcquireeDomain_A24034CB4FDB0C5BFD1A6776B55564C6" xlink:type="arc" />
    <link:label id="lab_ftai_CentralMaineandQuebecRailwayMember_C24A2F26B111DE096B996776B555E704_terseLabel_en-US" xlink:label="lab_ftai_CentralMaineandQuebecRailwayMember_C24A2F26B111DE096B996776B555E704" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CMQR</link:label>
    <link:label id="lab_ftai_CentralMaineandQuebecRailwayMember_C24A2F26B111DE096B996776B555E704_label_en-US" xlink:label="lab_ftai_CentralMaineandQuebecRailwayMember_C24A2F26B111DE096B996776B555E704" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Central Maine and Quebec Railway [Member]</link:label>
    <link:label id="lab_ftai_CentralMaineandQuebecRailwayMember_C24A2F26B111DE096B996776B555E704_documentation_en-US" xlink:label="lab_ftai_CentralMaineandQuebecRailwayMember_C24A2F26B111DE096B996776B555E704" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Central Maine and Quebec Railway [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CentralMaineandQuebecRailwayMember" xlink:label="loc_ftai_CentralMaineandQuebecRailwayMember_C24A2F26B111DE096B996776B555E704" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CentralMaineandQuebecRailwayMember_C24A2F26B111DE096B996776B555E704" xlink:to="lab_ftai_CentralMaineandQuebecRailwayMember_C24A2F26B111DE096B996776B555E704" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_D977D1D4F5B0643D93896776B55534CB_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_D977D1D4F5B0643D93896776B55534CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Axis]</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_D977D1D4F5B0643D93896776B55534CB_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_D977D1D4F5B0643D93896776B55534CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentByTypeAxis_D977D1D4F5B0643D93896776B55534CB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentByTypeAxis_D977D1D4F5B0643D93896776B55534CB" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_D977D1D4F5B0643D93896776B55534CB" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_E31765B488EC22E797476776B5551FAB_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_E31765B488EC22E797476776B5551FAB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Domain]</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_E31765B488EC22E797476776B5551FAB_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_E31765B488EC22E797476776B5551FAB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentTypeDomain_E31765B488EC22E797476776B5551FAB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentTypeDomain_E31765B488EC22E797476776B5551FAB" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_E31765B488EC22E797476776B5551FAB" xlink:type="arc" />
    <link:label id="lab_us-gaap_LandAndLandImprovementsMember_DB865458AD538AC28E026776B5550E7E_terseLabel_en-US" xlink:label="lab_us-gaap_LandAndLandImprovementsMember_DB865458AD538AC28E026776B5550E7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land, site improvements and rights</link:label>
    <link:label id="lab_us-gaap_LandAndLandImprovementsMember_DB865458AD538AC28E026776B5550E7E_label_en-US" xlink:label="lab_us-gaap_LandAndLandImprovementsMember_DB865458AD538AC28E026776B5550E7E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land and Land Improvements [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LandAndLandImprovementsMember" xlink:label="loc_us-gaap_LandAndLandImprovementsMember_DB865458AD538AC28E026776B5550E7E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LandAndLandImprovementsMember_DB865458AD538AC28E026776B5550E7E" xlink:to="lab_us-gaap_LandAndLandImprovementsMember_DB865458AD538AC28E026776B5550E7E" xlink:type="arc" />
    <link:label id="lab_ftai_RailroadTrackMember_83D5A04A8FDC84B3BBC66776B555404A_terseLabel_en-US" xlink:label="lab_ftai_RailroadTrackMember_83D5A04A8FDC84B3BBC66776B555404A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Track</link:label>
    <link:label id="lab_ftai_RailroadTrackMember_83D5A04A8FDC84B3BBC66776B555404A_label_en-US" xlink:label="lab_ftai_RailroadTrackMember_83D5A04A8FDC84B3BBC66776B555404A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Railroad Track [Member]</link:label>
    <link:label id="lab_ftai_RailroadTrackMember_83D5A04A8FDC84B3BBC66776B555404A_documentation_en-US" xlink:label="lab_ftai_RailroadTrackMember_83D5A04A8FDC84B3BBC66776B555404A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Railroad Track [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RailroadTrackMember" xlink:label="loc_ftai_RailroadTrackMember_83D5A04A8FDC84B3BBC66776B555404A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RailroadTrackMember_83D5A04A8FDC84B3BBC66776B555404A" xlink:to="lab_ftai_RailroadTrackMember_83D5A04A8FDC84B3BBC66776B555404A" xlink:type="arc" />
    <link:label id="lab_us-gaap_BuildingAndBuildingImprovementsMember_EA7E7A78C37EC131E3AC6776B555741D_terseLabel_en-US" xlink:label="lab_us-gaap_BuildingAndBuildingImprovementsMember_EA7E7A78C37EC131E3AC6776B555741D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Buildings and improvements</link:label>
    <link:label id="lab_us-gaap_BuildingAndBuildingImprovementsMember_EA7E7A78C37EC131E3AC6776B555741D_label_en-US" xlink:label="lab_us-gaap_BuildingAndBuildingImprovementsMember_EA7E7A78C37EC131E3AC6776B555741D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Building and Building Improvements [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BuildingAndBuildingImprovementsMember" xlink:label="loc_us-gaap_BuildingAndBuildingImprovementsMember_EA7E7A78C37EC131E3AC6776B555741D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BuildingAndBuildingImprovementsMember_EA7E7A78C37EC131E3AC6776B555741D" xlink:to="lab_us-gaap_BuildingAndBuildingImprovementsMember_EA7E7A78C37EC131E3AC6776B555741D" xlink:type="arc" />
    <link:label id="lab_us-gaap_OilAndGasPropertiesMember_3B0ECE3847E4B5D0188C6776B5555C72_terseLabel_en-US" xlink:label="lab_us-gaap_OilAndGasPropertiesMember_3B0ECE3847E4B5D0188C6776B5555C72" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Crude oil terminal machinery and equipment</link:label>
    <link:label id="lab_us-gaap_OilAndGasPropertiesMember_3B0ECE3847E4B5D0188C6776B5555C72_label_en-US" xlink:label="lab_us-gaap_OilAndGasPropertiesMember_3B0ECE3847E4B5D0188C6776B5555C72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Oil and Gas Properties [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OilAndGasPropertiesMember" xlink:label="loc_us-gaap_OilAndGasPropertiesMember_3B0ECE3847E4B5D0188C6776B5555C72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OilAndGasPropertiesMember_3B0ECE3847E4B5D0188C6776B5555C72" xlink:to="lab_us-gaap_OilAndGasPropertiesMember_3B0ECE3847E4B5D0188C6776B5555C72" xlink:type="arc" />
    <link:label id="lab_ftai_RailroadEquipmentMember_2875D64AD032C2ED40826776B555F704_terseLabel_en-US" xlink:label="lab_ftai_RailroadEquipmentMember_2875D64AD032C2ED40826776B555F704" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Railroad equipment</link:label>
    <link:label id="lab_ftai_RailroadEquipmentMember_2875D64AD032C2ED40826776B555F704_label_en-US" xlink:label="lab_ftai_RailroadEquipmentMember_2875D64AD032C2ED40826776B555F704" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Railroad Equipment [Member]</link:label>
    <link:label id="lab_ftai_RailroadEquipmentMember_2875D64AD032C2ED40826776B555F704_documentation_en-US" xlink:label="lab_ftai_RailroadEquipmentMember_2875D64AD032C2ED40826776B555F704" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Railroad Equipment [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RailroadEquipmentMember" xlink:label="loc_ftai_RailroadEquipmentMember_2875D64AD032C2ED40826776B555F704" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RailroadEquipmentMember_2875D64AD032C2ED40826776B555F704" xlink:to="lab_ftai_RailroadEquipmentMember_2875D64AD032C2ED40826776B555F704" xlink:type="arc" />
    <link:label id="lab_us-gaap_FurnitureAndFixturesMember_2B2D643F63F4CA455BEF6776B556F301_terseLabel_en-US" xlink:label="lab_us-gaap_FurnitureAndFixturesMember_2B2D643F63F4CA455BEF6776B556F301" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Furniture and fixtures</link:label>
    <link:label id="lab_us-gaap_FurnitureAndFixturesMember_2B2D643F63F4CA455BEF6776B556F301_label_en-US" xlink:label="lab_us-gaap_FurnitureAndFixturesMember_2B2D643F63F4CA455BEF6776B556F301" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Furniture and Fixtures [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FurnitureAndFixturesMember" xlink:label="loc_us-gaap_FurnitureAndFixturesMember_2B2D643F63F4CA455BEF6776B556F301" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FurnitureAndFixturesMember_2B2D643F63F4CA455BEF6776B556F301" xlink:to="lab_us-gaap_FurnitureAndFixturesMember_2B2D643F63F4CA455BEF6776B556F301" xlink:type="arc" />
    <link:label id="lab_ftai_ComputerHardwareandSoftwareMember_145130EDBB6713E391516776B55648BB_terseLabel_en-US" xlink:label="lab_ftai_ComputerHardwareandSoftwareMember_145130EDBB6713E391516776B55648BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Computer hardware and software</link:label>
    <link:label id="lab_ftai_ComputerHardwareandSoftwareMember_145130EDBB6713E391516776B55648BB_label_en-US" xlink:label="lab_ftai_ComputerHardwareandSoftwareMember_145130EDBB6713E391516776B55648BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Computer Hardware and Software [Member]</link:label>
    <link:label id="lab_ftai_ComputerHardwareandSoftwareMember_145130EDBB6713E391516776B55648BB_documentation_en-US" xlink:label="lab_ftai_ComputerHardwareandSoftwareMember_145130EDBB6713E391516776B55648BB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Computer Hardware and Software [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ComputerHardwareandSoftwareMember" xlink:label="loc_ftai_ComputerHardwareandSoftwareMember_145130EDBB6713E391516776B55648BB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ComputerHardwareandSoftwareMember_145130EDBB6713E391516776B55648BB" xlink:to="lab_ftai_ComputerHardwareandSoftwareMember_145130EDBB6713E391516776B55648BB" xlink:type="arc" />
    <link:label id="lab_ftai_TurnoutandOtherTrackMaterialsMember_E9D490C3E8EC4A7644DD6776B55631E7_verboseLabel_en-US" xlink:label="lab_ftai_TurnoutandOtherTrackMaterialsMember_E9D490C3E8EC4A7644DD6776B55631E7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Turnout and other track materials</link:label>
    <link:label id="lab_ftai_TurnoutandOtherTrackMaterialsMember_E9D490C3E8EC4A7644DD6776B55631E7_label_en-US" xlink:label="lab_ftai_TurnoutandOtherTrackMaterialsMember_E9D490C3E8EC4A7644DD6776B55631E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Turnout and Other Track Materials [Member]</link:label>
    <link:label id="lab_ftai_TurnoutandOtherTrackMaterialsMember_E9D490C3E8EC4A7644DD6776B55631E7_documentation_en-US" xlink:label="lab_ftai_TurnoutandOtherTrackMaterialsMember_E9D490C3E8EC4A7644DD6776B55631E7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Turnout and Other Track Materials [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_TurnoutandOtherTrackMaterialsMember" xlink:label="loc_ftai_TurnoutandOtherTrackMaterialsMember_E9D490C3E8EC4A7644DD6776B55631E7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_TurnoutandOtherTrackMaterialsMember_E9D490C3E8EC4A7644DD6776B55631E7" xlink:to="lab_ftai_TurnoutandOtherTrackMaterialsMember_E9D490C3E8EC4A7644DD6776B55631E7" xlink:type="arc" />
    <link:label id="lab_us-gaap_VehiclesMember_70C8D8A5C8D46E023EAE6776B5566DEF_terseLabel_en-US" xlink:label="lab_us-gaap_VehiclesMember_70C8D8A5C8D46E023EAE6776B5566DEF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vehicles</link:label>
    <link:label id="lab_us-gaap_VehiclesMember_70C8D8A5C8D46E023EAE6776B5566DEF_label_en-US" xlink:label="lab_us-gaap_VehiclesMember_70C8D8A5C8D46E023EAE6776B5566DEF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Vehicles [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VehiclesMember" xlink:label="loc_us-gaap_VehiclesMember_70C8D8A5C8D46E023EAE6776B5566DEF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VehiclesMember_70C8D8A5C8D46E023EAE6776B5566DEF" xlink:to="lab_us-gaap_VehiclesMember_70C8D8A5C8D46E023EAE6776B5566DEF" xlink:type="arc" />
    <link:label id="lab_ftai_RailcarsandLocomotivesMember_D21DC33093056F254CAB6776B5568AEA_terseLabel_en-US" xlink:label="lab_ftai_RailcarsandLocomotivesMember_D21DC33093056F254CAB6776B5568AEA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Railcars and locomotives</link:label>
    <link:label id="lab_ftai_RailcarsandLocomotivesMember_D21DC33093056F254CAB6776B5568AEA_label_en-US" xlink:label="lab_ftai_RailcarsandLocomotivesMember_D21DC33093056F254CAB6776B5568AEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Railcars and Locomotives [Member]</link:label>
    <link:label id="lab_ftai_RailcarsandLocomotivesMember_D21DC33093056F254CAB6776B5568AEA_documentation_en-US" xlink:label="lab_ftai_RailcarsandLocomotivesMember_D21DC33093056F254CAB6776B5568AEA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Railcars and Locomotives [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RailcarsandLocomotivesMember" xlink:label="loc_ftai_RailcarsandLocomotivesMember_D21DC33093056F254CAB6776B5568AEA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RailcarsandLocomotivesMember_D21DC33093056F254CAB6776B5568AEA" xlink:to="lab_ftai_RailcarsandLocomotivesMember_D21DC33093056F254CAB6776B5568AEA" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongtermDebtTypeAxis_54320891AD4F38F371356776B5567406_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeAxis_54320891AD4F38F371356776B5567406" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Axis]</link:label>
    <link:label id="lab_us-gaap_LongtermDebtTypeAxis_54320891AD4F38F371356776B5567406_label_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeAxis_54320891AD4F38F371356776B5567406" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongtermDebtTypeAxis" xlink:label="loc_us-gaap_LongtermDebtTypeAxis_54320891AD4F38F371356776B5567406" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtTypeAxis_54320891AD4F38F371356776B5567406" xlink:to="lab_us-gaap_LongtermDebtTypeAxis_54320891AD4F38F371356776B5567406" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongtermDebtTypeDomain_5A40AAC99D00C07DDA186776B55698FE_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain_5A40AAC99D00C07DDA186776B55698FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Domain]</link:label>
    <link:label id="lab_us-gaap_LongtermDebtTypeDomain_5A40AAC99D00C07DDA186776B55698FE_label_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain_5A40AAC99D00C07DDA186776B55698FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongtermDebtTypeDomain" xlink:label="loc_us-gaap_LongtermDebtTypeDomain_5A40AAC99D00C07DDA186776B55698FE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_5A40AAC99D00C07DDA186776B55698FE" xlink:to="lab_us-gaap_LongtermDebtTypeDomain_5A40AAC99D00C07DDA186776B55698FE" xlink:type="arc" />
    <link:label id="lab_us-gaap_SecuredDebtMember_DA21178C56A1D5F6B2C76776B55652C3_terseLabel_en-US" xlink:label="lab_us-gaap_SecuredDebtMember_DA21178C56A1D5F6B2C76776B55652C3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Term loan</link:label>
    <link:label id="lab_us-gaap_SecuredDebtMember_DA21178C56A1D5F6B2C76776B55652C3_label_en-US" xlink:label="lab_us-gaap_SecuredDebtMember_DA21178C56A1D5F6B2C76776B55652C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Secured Debt [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SecuredDebtMember" xlink:label="loc_us-gaap_SecuredDebtMember_DA21178C56A1D5F6B2C76776B55652C3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuredDebtMember_DA21178C56A1D5F6B2C76776B55652C3" xlink:to="lab_us-gaap_SecuredDebtMember_DA21178C56A1D5F6B2C76776B55652C3" xlink:type="arc" />
    <link:label id="lab_us-gaap_CorporateBondSecuritiesMember_104BB79218D1D6D7FB306776B556AD40_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateBondSecuritiesMember_104BB79218D1D6D7FB306776B556AD40" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bonds payable</link:label>
    <link:label id="lab_us-gaap_CorporateBondSecuritiesMember_104BB79218D1D6D7FB306776B556AD40_label_en-US" xlink:label="lab_us-gaap_CorporateBondSecuritiesMember_104BB79218D1D6D7FB306776B556AD40" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Bond Securities [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CorporateBondSecuritiesMember" xlink:label="loc_us-gaap_CorporateBondSecuritiesMember_104BB79218D1D6D7FB306776B556AD40" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CorporateBondSecuritiesMember_104BB79218D1D6D7FB306776B556AD40" xlink:to="lab_us-gaap_CorporateBondSecuritiesMember_104BB79218D1D6D7FB306776B556AD40" xlink:type="arc" />
    <link:label id="lab_us-gaap_NotesPayableOtherPayablesMember_4D5B4495EAA2ECBBABDC6776B5567856_verboseLabel_en-US" xlink:label="lab_us-gaap_NotesPayableOtherPayablesMember_4D5B4495EAA2ECBBABDC6776B5567856" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Note payable</link:label>
    <link:label id="lab_us-gaap_NotesPayableOtherPayablesMember_4D5B4495EAA2ECBBABDC6776B5567856_label_en-US" xlink:label="lab_us-gaap_NotesPayableOtherPayablesMember_4D5B4495EAA2ECBBABDC6776B5567856" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notes Payable, Other Payables [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NotesPayableOtherPayablesMember" xlink:label="loc_us-gaap_NotesPayableOtherPayablesMember_4D5B4495EAA2ECBBABDC6776B5567856" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NotesPayableOtherPayablesMember_4D5B4495EAA2ECBBABDC6776B5567856" xlink:to="lab_us-gaap_NotesPayableOtherPayablesMember_4D5B4495EAA2ECBBABDC6776B5567856" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionLineItems_DEAA5723C2EB0917C71B6776B5568EFA_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_DEAA5723C2EB0917C71B6776B5568EFA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisition [Line Items]</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionLineItems_DEAA5723C2EB0917C71B6776B5568EFA_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_DEAA5723C2EB0917C71B6776B5568EFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="loc_us-gaap_BusinessAcquisitionLineItems_DEAA5723C2EB0917C71B6776B5568EFA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_DEAA5723C2EB0917C71B6776B5568EFA" xlink:to="lab_us-gaap_BusinessAcquisitionLineItems_DEAA5723C2EB0917C71B6776B5568EFA" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_FCAE3E0B2CB9216CEB976776B55677E0_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_FCAE3E0B2CB9216CEB976776B55677E0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets:</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_FCAE3E0B2CB9216CEB976776B55677E0_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_FCAE3E0B2CB9216CEB976776B55677E0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_FCAE3E0B2CB9216CEB976776B55677E0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_FCAE3E0B2CB9216CEB976776B55677E0" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_FCAE3E0B2CB9216CEB976776B55677E0" xlink:type="arc" />
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRestrictedCash_FF681E47488CD50B275F6776B556DF14_terseLabel_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRestrictedCash_FF681E47488CD50B275F6776B556DF14" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash</link:label>
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRestrictedCash_FF681E47488CD50B275F6776B556DF14_label_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRestrictedCash_FF681E47488CD50B275F6776B556DF14" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Restricted Cash</link:label>
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRestrictedCash_FF681E47488CD50B275F6776B556DF14_documentation_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRestrictedCash_FF681E47488CD50B275F6776B556DF14" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Restricted Cash</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRestrictedCash" xlink:label="loc_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRestrictedCash_FF681E47488CD50B275F6776B556DF14" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRestrictedCash_FF681E47488CD50B275F6776B556DF14" xlink:to="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRestrictedCash_FF681E47488CD50B275F6776B556DF14" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_DEC4DE66CE57325769DF6776B55644B2_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_DEC4DE66CE57325769DF6776B55644B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_DEC4DE66CE57325769DF6776B55644B2_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_DEC4DE66CE57325769DF6776B55644B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_DEC4DE66CE57325769DF6776B55644B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_DEC4DE66CE57325769DF6776B55644B2" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_DEC4DE66CE57325769DF6776B55644B2" xlink:type="arc" />
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedConstructioninProgress_C51638332408DA4512606776B556282A_terseLabel_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedConstructioninProgress_C51638332408DA4512606776B556282A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Construction in progress</link:label>
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedConstructioninProgress_C51638332408DA4512606776B556282A_label_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedConstructioninProgress_C51638332408DA4512606776B556282A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Construction in Progress</link:label>
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedConstructioninProgress_C51638332408DA4512606776B556282A_documentation_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedConstructioninProgress_C51638332408DA4512606776B556282A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Construction in Progress</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedConstructioninProgress" xlink:label="loc_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedConstructioninProgress_C51638332408DA4512606776B556282A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedConstructioninProgress_C51638332408DA4512606776B556282A" xlink:to="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedConstructioninProgress_C51638332408DA4512606776B556282A" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets_6D4AD91C151A2801DC286776B5567F47_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets_6D4AD91C151A2801DC286776B5567F47" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaids and other deposits</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets_6D4AD91C151A2801DC286776B5567F47_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets_6D4AD91C151A2801DC286776B5567F47" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets_6D4AD91C151A2801DC286776B5567F47" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets_6D4AD91C151A2801DC286776B5567F47" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets_6D4AD91C151A2801DC286776B5567F47" xlink:type="arc" />
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedTenderedBonds_8589134FD1AAEB8A74D56776B5562729_terseLabel_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedTenderedBonds_8589134FD1AAEB8A74D56776B5562729" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Tendered Bonds</link:label>
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedTenderedBonds_8589134FD1AAEB8A74D56776B5562729_label_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedTenderedBonds_8589134FD1AAEB8A74D56776B5562729" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Tendered Bonds</link:label>
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedTenderedBonds_8589134FD1AAEB8A74D56776B5562729_documentation_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedTenderedBonds_8589134FD1AAEB8A74D56776B5562729" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Tendered Bonds</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedTenderedBonds" xlink:label="loc_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedTenderedBonds_8589134FD1AAEB8A74D56776B5562729" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedTenderedBonds_8589134FD1AAEB8A74D56776B5562729" xlink:to="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedTenderedBonds_8589134FD1AAEB8A74D56776B5562729" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_8AC7C76D47228EA4DFE26776B556D7F1_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_8AC7C76D47228EA4DFE26776B556D7F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer lists and customer contracts</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_8AC7C76D47228EA4DFE26776B556D7F1_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_8AC7C76D47228EA4DFE26776B556D7F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_8AC7C76D47228EA4DFE26776B556D7F1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_8AC7C76D47228EA4DFE26776B556D7F1" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_8AC7C76D47228EA4DFE26776B556D7F1" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillAcquiredDuringPeriod_022AAC2E6E364E8BCBB26776B55616F1_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAcquiredDuringPeriod_022AAC2E6E364E8BCBB26776B55616F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill additions</link:label>
    <link:label id="lab_us-gaap_GoodwillAcquiredDuringPeriod_022AAC2E6E364E8BCBB26776B55616F1_label_en-US" xlink:label="lab_us-gaap_GoodwillAcquiredDuringPeriod_022AAC2E6E364E8BCBB26776B55616F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill, Acquired During Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GoodwillAcquiredDuringPeriod" xlink:label="loc_us-gaap_GoodwillAcquiredDuringPeriod_022AAC2E6E364E8BCBB26776B55616F1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillAcquiredDuringPeriod_022AAC2E6E364E8BCBB26776B55616F1" xlink:to="lab_us-gaap_GoodwillAcquiredDuringPeriod_022AAC2E6E364E8BCBB26776B55616F1" xlink:type="arc" />
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAssetsAcquiredIncludingGoodwill_BA1414618F1547C671B36776B5564D7C_terseLabel_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAssetsAcquiredIncludingGoodwill_BA1414618F1547C671B36776B5564D7C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAssetsAcquiredIncludingGoodwill_BA1414618F1547C671B36776B5564D7C_label_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAssetsAcquiredIncludingGoodwill_BA1414618F1547C671B36776B5564D7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets Acquired Including Goodwill</link:label>
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAssetsAcquiredIncludingGoodwill_BA1414618F1547C671B36776B5564D7C_documentation_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAssetsAcquiredIncludingGoodwill_BA1414618F1547C671B36776B5564D7C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets Acquired Including Goodwill</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAssetsAcquiredIncludingGoodwill" xlink:label="loc_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAssetsAcquiredIncludingGoodwill_BA1414618F1547C671B36776B5564D7C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAssetsAcquiredIncludingGoodwill_BA1414618F1547C671B36776B5564D7C" xlink:to="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAssetsAcquiredIncludingGoodwill_BA1414618F1547C671B36776B5564D7C" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_31403BB4EA8459244DFE6776B5572FDD_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_31403BB4EA8459244DFE6776B5572FDD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities:</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_31403BB4EA8459244DFE6776B5572FDD_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_31403BB4EA8459244DFE6776B5572FDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_31403BB4EA8459244DFE6776B5572FDD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_31403BB4EA8459244DFE6776B5572FDD" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_31403BB4EA8459244DFE6776B5572FDD" xlink:type="arc" />
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEmployeeRelatedLiabilities_8ED92C2C1327DFC07F926776B5576405_negatedTerseLabel_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEmployeeRelatedLiabilities_8ED92C2C1327DFC07F926776B5576405" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Employee-related liabilities</link:label>
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEmployeeRelatedLiabilities_8ED92C2C1327DFC07F926776B5576405_label_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEmployeeRelatedLiabilities_8ED92C2C1327DFC07F926776B5576405" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Employee-Related Liabilities</link:label>
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEmployeeRelatedLiabilities_8ED92C2C1327DFC07F926776B5576405_documentation_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEmployeeRelatedLiabilities_8ED92C2C1327DFC07F926776B5576405" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Employee-Related Liabilities</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEmployeeRelatedLiabilities" xlink:label="loc_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEmployeeRelatedLiabilities_8ED92C2C1327DFC07F926776B5576405" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEmployeeRelatedLiabilities_8ED92C2C1327DFC07F926776B5576405" xlink:to="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEmployeeRelatedLiabilities_8ED92C2C1327DFC07F926776B5576405" xlink:type="arc" />
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEnvironmentalRemediationLiabilities_9FB1D86D7968E8819BC26776B5571329_negatedTerseLabel_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEnvironmentalRemediationLiabilities_9FB1D86D7968E8819BC26776B5571329" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Environmental remediation liabilities</link:label>
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEnvironmentalRemediationLiabilities_9FB1D86D7968E8819BC26776B5571329_label_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEnvironmentalRemediationLiabilities_9FB1D86D7968E8819BC26776B5571329" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Environmental Remediation Liabilities</link:label>
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEnvironmentalRemediationLiabilities_9FB1D86D7968E8819BC26776B5571329_documentation_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEnvironmentalRemediationLiabilities_9FB1D86D7968E8819BC26776B5571329" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Environmental Remediation Liabilities</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEnvironmentalRemediationLiabilities" xlink:label="loc_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEnvironmentalRemediationLiabilities_9FB1D86D7968E8819BC26776B5571329" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEnvironmentalRemediationLiabilities_9FB1D86D7968E8819BC26776B5571329" xlink:to="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEnvironmentalRemediationLiabilities_9FB1D86D7968E8819BC26776B5571329" xlink:type="arc" />
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRealEstateTaxes_0C4D5A563C804B7F184A6776B557BE59_negatedTerseLabel_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRealEstateTaxes_0C4D5A563C804B7F184A6776B557BE59" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Real estate taxes</link:label>
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRealEstateTaxes_0C4D5A563C804B7F184A6776B557BE59_label_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRealEstateTaxes_0C4D5A563C804B7F184A6776B557BE59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Real Estate Taxes</link:label>
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRealEstateTaxes_0C4D5A563C804B7F184A6776B557BE59_documentation_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRealEstateTaxes_0C4D5A563C804B7F184A6776B557BE59" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Real Estate Taxes</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRealEstateTaxes" xlink:label="loc_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRealEstateTaxes_0C4D5A563C804B7F184A6776B557BE59" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRealEstateTaxes_0C4D5A563C804B7F184A6776B557BE59" xlink:to="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRealEstateTaxes_0C4D5A563C804B7F184A6776B557BE59" xlink:type="arc" />
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAccruedExpenses_573ADDFA2FF863CA61D36776B5574E71_negatedTerseLabel_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAccruedExpenses_573ADDFA2FF863CA61D36776B5574E71" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Accrued expenses</link:label>
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAccruedExpenses_573ADDFA2FF863CA61D36776B5574E71_label_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAccruedExpenses_573ADDFA2FF863CA61D36776B5574E71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Accrued Expenses</link:label>
    <link:label id="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAccruedExpenses_573ADDFA2FF863CA61D36776B5574E71_documentation_en-US" xlink:label="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAccruedExpenses_573ADDFA2FF863CA61D36776B5574E71" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Accrued Expenses</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAccruedExpenses" xlink:label="loc_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAccruedExpenses_573ADDFA2FF863CA61D36776B5574E71" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAccruedExpenses_573ADDFA2FF863CA61D36776B5574E71" xlink:to="lab_ftai_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAccruedExpenses_573ADDFA2FF863CA61D36776B5574E71" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt_E0284AF26B4877052C4D6776B557D012_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt_E0284AF26B4877052C4D6776B557D012" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Long-term debt</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt_E0284AF26B4877052C4D6776B557D012_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt_E0284AF26B4877052C4D6776B557D012" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt_E0284AF26B4877052C4D6776B557D012" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt_E0284AF26B4877052C4D6776B557D012" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt_E0284AF26B4877052C4D6776B557D012" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_64185636C7AB02E85E3D6776B55713B2_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_64185636C7AB02E85E3D6776B55713B2" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_64185636C7AB02E85E3D6776B55713B2_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_64185636C7AB02E85E3D6776B55713B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_64185636C7AB02E85E3D6776B55713B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_64185636C7AB02E85E3D6776B55713B2" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_64185636C7AB02E85E3D6776B55713B2" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_AAAA7A077DAE3D6EB49C6776B5575711_negatedLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_AAAA7A077DAE3D6EB49C6776B5575711" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_AAAA7A077DAE3D6EB49C6776B5575711_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_AAAA7A077DAE3D6EB49C6776B5575711" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_AAAA7A077DAE3D6EB49C6776B5575711" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_AAAA7A077DAE3D6EB49C6776B5575711" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_AAAA7A077DAE3D6EB49C6776B5575711" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_2482FC0F868BFED11A9E6776B5576A8B_totalLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_2482FC0F868BFED11A9E6776B5576A8B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net assets acquired</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_2482FC0F868BFED11A9E6776B5576A8B_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_2482FC0F868BFED11A9E6776B5576A8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_2482FC0F868BFED11A9E6776B5576A8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_2482FC0F868BFED11A9E6776B5576A8B" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_2482FC0F868BFED11A9E6776B5576A8B" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtDisclosureAbstract_9939CF1910EBA6D02EC45E55007A9443_label_en-US" xlink:label="lab_us-gaap_DebtDisclosureAbstract_9939CF1910EBA6D02EC45E55007A9443" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="loc_us-gaap_DebtDisclosureAbstract_9939CF1910EBA6D02EC45E55007A9443" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtDisclosureAbstract_9939CF1910EBA6D02EC45E55007A9443" xlink:to="lab_us-gaap_DebtDisclosureAbstract_9939CF1910EBA6D02EC45E55007A9443" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtDisclosureTextBlock_65F47E2B814D034473EF5E55007A3B58_terseLabel_en-US" xlink:label="lab_us-gaap_DebtDisclosureTextBlock_65F47E2B814D034473EF5E55007A3B58" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">DEBT, NET</link:label>
    <link:label id="lab_us-gaap_DebtDisclosureTextBlock_65F47E2B814D034473EF5E55007A3B58_label_en-US" xlink:label="lab_us-gaap_DebtDisclosureTextBlock_65F47E2B814D034473EF5E55007A3B58" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="loc_us-gaap_DebtDisclosureTextBlock_65F47E2B814D034473EF5E55007A3B58" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtDisclosureTextBlock_65F47E2B814D034473EF5E55007A3B58" xlink:to="lab_us-gaap_DebtDisclosureTextBlock_65F47E2B814D034473EF5E55007A3B58" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentAbstract_6CD38471B56799ACDB84D4F96C8F8138_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentAbstract_CA4E6CE28A735AA6A867046CEFD57E88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentAbstract" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentAbstract_CA4E6CE28A735AA6A867046CEFD57E88" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentAbstract_CA4E6CE28A735AA6A867046CEFD57E88" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentAbstract_CA4E6CE28A735AA6A867046CEFD57E88" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_26DBA51B5308194E09DCD4F96C8F1590_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_735FC776F1315D0485789FB4EB9EDA0B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_26DBA51B5308194E09DCD4F96C8F1590_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_735FC776F1315D0485789FB4EB9EDA0B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTextBlock" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentTextBlock_735FC776F1315D0485789FB4EB9EDA0B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentTextBlock_735FC776F1315D0485789FB4EB9EDA0B" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_735FC776F1315D0485789FB4EB9EDA0B" xlink:type="arc" />
    <link:label id="lab_us-gaap_BuildingMember_9C704C280269CC9BCFF16776B62FDB78_terseLabel_en-US" xlink:label="lab_us-gaap_BuildingMember_9C704C280269CC9BCFF16776B62FDB78" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Building</link:label>
    <link:label id="lab_us-gaap_BuildingMember_9C704C280269CC9BCFF16776B62FDB78_label_en-US" xlink:label="lab_us-gaap_BuildingMember_9C704C280269CC9BCFF16776B62FDB78" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Building [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BuildingMember" xlink:label="loc_us-gaap_BuildingMember_9C704C280269CC9BCFF16776B62FDB78" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BuildingMember_9C704C280269CC9BCFF16776B62FDB78" xlink:to="lab_us-gaap_BuildingMember_9C704C280269CC9BCFF16776B62FDB78" xlink:type="arc" />
    <link:label id="lab_ftai_RailroadTrackandRelatedAssetsMember_F7BDABB9DBE403A627DB6776B6304876_terseLabel_en-US" xlink:label="lab_ftai_RailroadTrackandRelatedAssetsMember_F7BDABB9DBE403A627DB6776B6304876" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Track and track related assets</link:label>
    <link:label id="lab_ftai_RailroadTrackandRelatedAssetsMember_F7BDABB9DBE403A627DB6776B6304876_label_en-US" xlink:label="lab_ftai_RailroadTrackandRelatedAssetsMember_F7BDABB9DBE403A627DB6776B6304876" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Railroad Track and Related Assets [Member]</link:label>
    <link:label id="lab_ftai_RailroadTrackandRelatedAssetsMember_F7BDABB9DBE403A627DB6776B6304876_documentation_en-US" xlink:label="lab_ftai_RailroadTrackandRelatedAssetsMember_F7BDABB9DBE403A627DB6776B6304876" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Railroad Track and Related Assets [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RailroadTrackandRelatedAssetsMember" xlink:label="loc_ftai_RailroadTrackandRelatedAssetsMember_F7BDABB9DBE403A627DB6776B6304876" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RailroadTrackandRelatedAssetsMember_F7BDABB9DBE403A627DB6776B6304876" xlink:to="lab_ftai_RailroadTrackandRelatedAssetsMember_F7BDABB9DBE403A627DB6776B6304876" xlink:type="arc" />
    <link:label id="lab_us-gaap_RangeAxis_850636EA0ABAEA24BC9D6776B6304FE9_terseLabel_en-US" xlink:label="lab_us-gaap_RangeAxis_850636EA0ABAEA24BC9D6776B6304FE9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:label id="lab_us-gaap_RangeAxis_850636EA0ABAEA24BC9D6776B6304FE9_label_en-US" xlink:label="lab_us-gaap_RangeAxis_850636EA0ABAEA24BC9D6776B6304FE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RangeAxis" xlink:label="loc_us-gaap_RangeAxis_850636EA0ABAEA24BC9D6776B6304FE9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeAxis_850636EA0ABAEA24BC9D6776B6304FE9" xlink:to="lab_us-gaap_RangeAxis_850636EA0ABAEA24BC9D6776B6304FE9" xlink:type="arc" />
    <link:label id="lab_us-gaap_RangeMember_B4CE2E0E0D8A84A557F06776B6302633_terseLabel_en-US" xlink:label="lab_us-gaap_RangeMember_B4CE2E0E0D8A84A557F06776B6302633" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:label id="lab_us-gaap_RangeMember_B4CE2E0E0D8A84A557F06776B6302633_label_en-US" xlink:label="lab_us-gaap_RangeMember_B4CE2E0E0D8A84A557F06776B6302633" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RangeMember" xlink:label="loc_us-gaap_RangeMember_B4CE2E0E0D8A84A557F06776B6302633" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeMember_B4CE2E0E0D8A84A557F06776B6302633" xlink:to="lab_us-gaap_RangeMember_B4CE2E0E0D8A84A557F06776B6302633" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinimumMember_5727220EE23C5128250D6776B6300C53_terseLabel_en-US" xlink:label="lab_us-gaap_MinimumMember_5727220EE23C5128250D6776B6300C53" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum</link:label>
    <link:label id="lab_us-gaap_MinimumMember_5727220EE23C5128250D6776B6300C53_label_en-US" xlink:label="lab_us-gaap_MinimumMember_5727220EE23C5128250D6776B6300C53" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MinimumMember" xlink:label="loc_us-gaap_MinimumMember_5727220EE23C5128250D6776B6300C53" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinimumMember_5727220EE23C5128250D6776B6300C53" xlink:to="lab_us-gaap_MinimumMember_5727220EE23C5128250D6776B6300C53" xlink:type="arc" />
    <link:label id="lab_us-gaap_MaximumMember_B1E28041A141B3C93EC46776B630CD9A_terseLabel_en-US" xlink:label="lab_us-gaap_MaximumMember_B1E28041A141B3C93EC46776B630CD9A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum</link:label>
    <link:label id="lab_us-gaap_MaximumMember_B1E28041A141B3C93EC46776B630CD9A_label_en-US" xlink:label="lab_us-gaap_MaximumMember_B1E28041A141B3C93EC46776B630CD9A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MaximumMember" xlink:label="loc_us-gaap_MaximumMember_B1E28041A141B3C93EC46776B630CD9A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaximumMember_B1E28041A141B3C93EC46776B630CD9A" xlink:to="lab_us-gaap_MaximumMember_B1E28041A141B3C93EC46776B630CD9A" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementLocationAxis_CDFE56D8F6655D02EEB56776B6305C16_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_CDFE56D8F6655D02EEB56776B6305C16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Statement Location [Axis]</link:label>
    <link:label id="lab_us-gaap_IncomeStatementLocationAxis_CDFE56D8F6655D02EEB56776B6305C16_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_CDFE56D8F6655D02EEB56776B6305C16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement Location [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="loc_us-gaap_IncomeStatementLocationAxis_CDFE56D8F6655D02EEB56776B6305C16" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementLocationAxis_CDFE56D8F6655D02EEB56776B6305C16" xlink:to="lab_us-gaap_IncomeStatementLocationAxis_CDFE56D8F6655D02EEB56776B6305C16" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementLocationDomain_7F9FD2567B8E1A5F0A7E6776B6304CAF_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain_7F9FD2567B8E1A5F0A7E6776B6304CAF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Statement Location [Domain]</link:label>
    <link:label id="lab_us-gaap_IncomeStatementLocationDomain_7F9FD2567B8E1A5F0A7E6776B6304CAF_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain_7F9FD2567B8E1A5F0A7E6776B6304CAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement Location [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="loc_us-gaap_IncomeStatementLocationDomain_7F9FD2567B8E1A5F0A7E6776B6304CAF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementLocationDomain_7F9FD2567B8E1A5F0A7E6776B6304CAF" xlink:to="lab_us-gaap_IncomeStatementLocationDomain_7F9FD2567B8E1A5F0A7E6776B6304CAF" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpenseMember_DA35279DB61D1522F4EE6776B630878E_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingExpenseMember_DA35279DB61D1522F4EE6776B630878E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Expense</link:label>
    <link:label id="lab_us-gaap_OperatingExpenseMember_DA35279DB61D1522F4EE6776B630878E_label_en-US" xlink:label="lab_us-gaap_OperatingExpenseMember_DA35279DB61D1522F4EE6776B630878E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expense [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingExpenseMember" xlink:label="loc_us-gaap_OperatingExpenseMember_DA35279DB61D1522F4EE6776B630878E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpenseMember_DA35279DB61D1522F4EE6776B630878E" xlink:to="lab_us-gaap_OperatingExpenseMember_DA35279DB61D1522F4EE6776B630878E" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationConsiderationTransferred1_8DC47956D6209168699E6776B63002AD_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationConsiderationTransferred1_8DC47956D6209168699E6776B63002AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aggregate purchase price</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationConsiderationTransferred1_8DC47956D6209168699E6776B63002AD_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationConsiderationTransferred1_8DC47956D6209168699E6776B63002AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Consideration Transferred</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationConsiderationTransferred1" xlink:label="loc_us-gaap_BusinessCombinationConsiderationTransferred1_8DC47956D6209168699E6776B63002AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationConsiderationTransferred1_8DC47956D6209168699E6776B63002AD" xlink:to="lab_us-gaap_BusinessCombinationConsiderationTransferred1_8DC47956D6209168699E6776B63002AD" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_32E048DF799249F409FA6776B6302054_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_32E048DF799249F409FA6776B6302054" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Assumed liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_32E048DF799249F409FA6776B6302054" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_32E048DF799249F409FA6776B6302054" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_32E048DF799249F409FA6776B6302054" xlink:type="arc" />
    <link:label id="lab_ftai_LengthofTrack_4F4AD6AFED8ECE4423026776B631C933_terseLabel_en-US" xlink:label="lab_ftai_LengthofTrack_4F4AD6AFED8ECE4423026776B631C933" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Miles of rail track</link:label>
    <link:label id="lab_ftai_LengthofTrack_4F4AD6AFED8ECE4423026776B631C933_label_en-US" xlink:label="lab_ftai_LengthofTrack_4F4AD6AFED8ECE4423026776B631C933" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Length of Track</link:label>
    <link:label id="lab_ftai_LengthofTrack_4F4AD6AFED8ECE4423026776B631C933_documentation_en-US" xlink:label="lab_ftai_LengthofTrack_4F4AD6AFED8ECE4423026776B631C933" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Length of Track</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_LengthofTrack" xlink:label="loc_ftai_LengthofTrack_4F4AD6AFED8ECE4423026776B631C933" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_LengthofTrack_4F4AD6AFED8ECE4423026776B631C933" xlink:to="lab_ftai_LengthofTrack_4F4AD6AFED8ECE4423026776B631C933" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentPropertyPlantAndEquipment_7136FF4B922ADA5B66CC6776B6310E62_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentPropertyPlantAndEquipment_7136FF4B922ADA5B66CC6776B6310E62" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase in assumed fixed assets</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentPropertyPlantAndEquipment_7136FF4B922ADA5B66CC6776B6310E62_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentPropertyPlantAndEquipment_7136FF4B922ADA5B66CC6776B6310E62" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentPropertyPlantAndEquipment" xlink:label="loc_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentPropertyPlantAndEquipment_7136FF4B922ADA5B66CC6776B6310E62" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentPropertyPlantAndEquipment_7136FF4B922ADA5B66CC6776B6310E62" xlink:to="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentPropertyPlantAndEquipment_7136FF4B922ADA5B66CC6776B6310E62" xlink:type="arc" />
    <link:label id="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEmployeeLiabilities_7D33D52111FE15D7218E6776B6313944_terseLabel_en-US" xlink:label="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEmployeeLiabilities_7D33D52111FE15D7218E6776B6313944" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase to assumed employee liabilities</link:label>
    <link:label id="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEmployeeLiabilities_7D33D52111FE15D7218E6776B6313944_label_en-US" xlink:label="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEmployeeLiabilities_7D33D52111FE15D7218E6776B6313944" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Employee Liabilities</link:label>
    <link:label id="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEmployeeLiabilities_7D33D52111FE15D7218E6776B6313944_documentation_en-US" xlink:label="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEmployeeLiabilities_7D33D52111FE15D7218E6776B6313944" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Employee Liabilities</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEmployeeLiabilities" xlink:label="loc_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEmployeeLiabilities_7D33D52111FE15D7218E6776B6313944" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEmployeeLiabilities_7D33D52111FE15D7218E6776B6313944" xlink:to="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEmployeeLiabilities_7D33D52111FE15D7218E6776B6313944" xlink:type="arc" />
    <link:label id="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEnvironmentalLiabilities_52510947F0C5FED4FB896776B631E243_terseLabel_en-US" xlink:label="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEnvironmentalLiabilities_52510947F0C5FED4FB896776B631E243" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase to assumed environmental liabilities</link:label>
    <link:label id="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEnvironmentalLiabilities_52510947F0C5FED4FB896776B631E243_label_en-US" xlink:label="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEnvironmentalLiabilities_52510947F0C5FED4FB896776B631E243" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Environmental Liabilities</link:label>
    <link:label id="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEnvironmentalLiabilities_52510947F0C5FED4FB896776B631E243_documentation_en-US" xlink:label="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEnvironmentalLiabilities_52510947F0C5FED4FB896776B631E243" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Environmental Liabilities</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEnvironmentalLiabilities" xlink:label="loc_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEnvironmentalLiabilities_52510947F0C5FED4FB896776B631E243" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEnvironmentalLiabilities_52510947F0C5FED4FB896776B631E243" xlink:to="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEnvironmentalLiabilities_52510947F0C5FED4FB896776B631E243" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillPurchaseAccountingAdjustments_EACE7E6EC84BADFE06736776B63169FD_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillPurchaseAccountingAdjustments_EACE7E6EC84BADFE06736776B63169FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase of assumed goodwill</link:label>
    <link:label id="lab_us-gaap_GoodwillPurchaseAccountingAdjustments_EACE7E6EC84BADFE06736776B63169FD_label_en-US" xlink:label="lab_us-gaap_GoodwillPurchaseAccountingAdjustments_EACE7E6EC84BADFE06736776B63169FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill, Purchase Accounting Adjustments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GoodwillPurchaseAccountingAdjustments" xlink:label="loc_us-gaap_GoodwillPurchaseAccountingAdjustments_EACE7E6EC84BADFE06736776B63169FD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillPurchaseAccountingAdjustments_EACE7E6EC84BADFE06736776B63169FD" xlink:to="lab_us-gaap_GoodwillPurchaseAccountingAdjustments_EACE7E6EC84BADFE06736776B63169FD" xlink:type="arc" />
    <link:label id="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentDepreciationExpense_AAFC114556E9C6D7E9496776B631204B_terseLabel_en-US" xlink:label="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentDepreciationExpense_AAFC114556E9C6D7E9496776B631204B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase in depreciation expense</link:label>
    <link:label id="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentDepreciationExpense_AAFC114556E9C6D7E9496776B631204B_label_en-US" xlink:label="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentDepreciationExpense_AAFC114556E9C6D7E9496776B631204B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Depreciation Expense</link:label>
    <link:label id="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentDepreciationExpense_AAFC114556E9C6D7E9496776B631204B_documentation_en-US" xlink:label="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentDepreciationExpense_AAFC114556E9C6D7E9496776B631204B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Depreciation Expense</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentDepreciationExpense" xlink:label="loc_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentDepreciationExpense_AAFC114556E9C6D7E9496776B631204B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentDepreciationExpense_AAFC114556E9C6D7E9496776B631204B" xlink:to="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentDepreciationExpense_AAFC114556E9C6D7E9496776B631204B" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_A35BC4014FC3074306826776B6318BEA_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_A35BC4014FC3074306826776B6318BEA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Useful life</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_A35BC4014FC3074306826776B6318BEA_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_A35BC4014FC3074306826776B6318BEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Useful Life</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentUsefulLife_A35BC4014FC3074306826776B6318BEA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentUsefulLife_A35BC4014FC3074306826776B6318BEA" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_A35BC4014FC3074306826776B6318BEA" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_60A66B3FC8347D27963A6776B63133CF_verboseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_60A66B3FC8347D27963A6776B63133CF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Acquisition and transaction expenses</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_60A66B3FC8347D27963A6776B63133CF_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_60A66B3FC8347D27963A6776B63133CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Acquisition Related Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationAcquisitionRelatedCosts" xlink:label="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_60A66B3FC8347D27963A6776B63133CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_60A66B3FC8347D27963A6776B63133CF" xlink:to="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_60A66B3FC8347D27963A6776B63133CF" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_F3C2C75A83B02D2A1774493609AB599B_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_F3C2C75A83B02D2A1774493609AB599B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Finite-Lived Intangible Assets [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_F3C2C75A83B02D2A1774493609AB599B_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_F3C2C75A83B02D2A1774493609AB599B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Finite-Lived Intangible Assets [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable" xlink:label="loc_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_F3C2C75A83B02D2A1774493609AB599B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_F3C2C75A83B02D2A1774493609AB599B" xlink:to="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_F3C2C75A83B02D2A1774493609AB599B" xlink:type="arc" />
    <link:label id="lab_ftai_EquipmentLeasingRevenuesMember_DCCFF681DA30D3626B4E493609AC4129_terseLabel_en-US" xlink:label="lab_ftai_EquipmentLeasingRevenuesMember_DCCFF681DA30D3626B4E493609AC4129" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equipment leasing revenues</link:label>
    <link:label id="lab_ftai_EquipmentLeasingRevenuesMember_DCCFF681DA30D3626B4E493609AC4129_label_en-US" xlink:label="lab_ftai_EquipmentLeasingRevenuesMember_DCCFF681DA30D3626B4E493609AC4129" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equipment Leasing Revenues [Member]</link:label>
    <link:label id="lab_ftai_EquipmentLeasingRevenuesMember_DCCFF681DA30D3626B4E493609AC4129_documentation_en-US" xlink:label="lab_ftai_EquipmentLeasingRevenuesMember_DCCFF681DA30D3626B4E493609AC4129" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equipment Leasing Revenues [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_EquipmentLeasingRevenuesMember" xlink:label="loc_ftai_EquipmentLeasingRevenuesMember_DCCFF681DA30D3626B4E493609AC4129" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_EquipmentLeasingRevenuesMember_DCCFF681DA30D3626B4E493609AC4129" xlink:to="lab_ftai_EquipmentLeasingRevenuesMember_DCCFF681DA30D3626B4E493609AC4129" xlink:type="arc" />
    <link:label id="lab_ftai_DepreciationandAmortizationMember_774709D968173B797976493609AE6E68_terseLabel_en-US" xlink:label="lab_ftai_DepreciationandAmortizationMember_774709D968173B797976493609AE6E68" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:label id="lab_ftai_DepreciationandAmortizationMember_774709D968173B797976493609AE6E68_label_en-US" xlink:label="lab_ftai_DepreciationandAmortizationMember_774709D968173B797976493609AE6E68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation and Amortization [Member]</link:label>
    <link:label id="lab_ftai_DepreciationandAmortizationMember_774709D968173B797976493609AE6E68_documentation_en-US" xlink:label="lab_ftai_DepreciationandAmortizationMember_774709D968173B797976493609AE6E68" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Depreciation and Amortization [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_DepreciationandAmortizationMember" xlink:label="loc_ftai_DepreciationandAmortizationMember_774709D968173B797976493609AE6E68" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_DepreciationandAmortizationMember_774709D968173B797976493609AE6E68" xlink:to="lab_ftai_DepreciationandAmortizationMember_774709D968173B797976493609AE6E68" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_A62BEC90FDF16699A3BE493609AEDACA_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_A62BEC90FDF16699A3BE493609AEDACA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets by Major Class [Axis]</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_A62BEC90FDF16699A3BE493609AEDACA_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_A62BEC90FDF16699A3BE493609AEDACA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets by Major Class [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_A62BEC90FDF16699A3BE493609AEDACA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_A62BEC90FDF16699A3BE493609AEDACA" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_A62BEC90FDF16699A3BE493609AEDACA" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_7CE370532A4738C7937B493609AED566_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_7CE370532A4738C7937B493609AED566" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Major Class Name [Domain]</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_7CE370532A4738C7937B493609AED566_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_7CE370532A4738C7937B493609AED566" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Major Class Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_7CE370532A4738C7937B493609AED566" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_7CE370532A4738C7937B493609AED566" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_7CE370532A4738C7937B493609AED566" xlink:type="arc" />
    <link:label id="lab_us-gaap_LeaseAgreementsMember_9C3EE8A6D92A57F2BB41493609AE73FF_terseLabel_en-US" xlink:label="lab_us-gaap_LeaseAgreementsMember_9C3EE8A6D92A57F2BB41493609AE73FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease intangibles</link:label>
    <link:label id="lab_us-gaap_LeaseAgreementsMember_9C3EE8A6D92A57F2BB41493609AE73FF_label_en-US" xlink:label="lab_us-gaap_LeaseAgreementsMember_9C3EE8A6D92A57F2BB41493609AE73FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease Agreements [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LeaseAgreementsMember" xlink:label="loc_us-gaap_LeaseAgreementsMember_9C3EE8A6D92A57F2BB41493609AE73FF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LeaseAgreementsMember_9C3EE8A6D92A57F2BB41493609AE73FF" xlink:to="lab_us-gaap_LeaseAgreementsMember_9C3EE8A6D92A57F2BB41493609AE73FF" xlink:type="arc" />
    <link:label id="lab_us-gaap_CustomerRelationshipsMember_1D8283D2DE2DB48F2635493609AF1B2B_terseLabel_en-US" xlink:label="lab_us-gaap_CustomerRelationshipsMember_1D8283D2DE2DB48F2635493609AF1B2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer relationships</link:label>
    <link:label id="lab_us-gaap_CustomerRelationshipsMember_1D8283D2DE2DB48F2635493609AF1B2B_label_en-US" xlink:label="lab_us-gaap_CustomerRelationshipsMember_1D8283D2DE2DB48F2635493609AF1B2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer Relationships [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CustomerRelationshipsMember" xlink:label="loc_us-gaap_CustomerRelationshipsMember_1D8283D2DE2DB48F2635493609AF1B2B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CustomerRelationshipsMember_1D8283D2DE2DB48F2635493609AF1B2B" xlink:to="lab_us-gaap_CustomerRelationshipsMember_1D8283D2DE2DB48F2635493609AF1B2B" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsLineItems_C4ADF75C39E17DDF6E26493609AF942F_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsLineItems_C4ADF75C39E17DDF6E26493609AF942F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets [Line Items]</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsLineItems_C4ADF75C39E17DDF6E26493609AF942F_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsLineItems_C4ADF75C39E17DDF6E26493609AF942F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsLineItems" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsLineItems_C4ADF75C39E17DDF6E26493609AF942F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsLineItems_C4ADF75C39E17DDF6E26493609AF942F" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsLineItems_C4ADF75C39E17DDF6E26493609AF942F" xlink:type="arc" />
    <link:label id="lab_ftai_AmortizationofLeaseIntangibleAssetsandLiabilitiesNet_2603E1FE5B5055FAE2CB493609AF7710_terseLabel_en-US" xlink:label="lab_ftai_AmortizationofLeaseIntangibleAssetsandLiabilitiesNet_2603E1FE5B5055FAE2CB493609AF7710" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of lease intangible assets and liabilities</link:label>
    <link:label id="lab_ftai_AmortizationofLeaseIntangibleAssetsandLiabilitiesNet_2603E1FE5B5055FAE2CB493609AF7710_label_en-US" xlink:label="lab_ftai_AmortizationofLeaseIntangibleAssetsandLiabilitiesNet_2603E1FE5B5055FAE2CB493609AF7710" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Lease Intangible Assets and Liabilities, Net</link:label>
    <link:label id="lab_ftai_AmortizationofLeaseIntangibleAssetsandLiabilitiesNet_2603E1FE5B5055FAE2CB493609AF7710_documentation_en-US" xlink:label="lab_ftai_AmortizationofLeaseIntangibleAssetsandLiabilitiesNet_2603E1FE5B5055FAE2CB493609AF7710" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amortization of Lease Intangible Assets and Liabilities, Net</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_AmortizationofLeaseIntangibleAssetsandLiabilitiesNet" xlink:label="loc_ftai_AmortizationofLeaseIntangibleAssetsandLiabilitiesNet_2603E1FE5B5055FAE2CB493609AF7710" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_AmortizationofLeaseIntangibleAssetsandLiabilitiesNet_2603E1FE5B5055FAE2CB493609AF7710" xlink:to="lab_ftai_AmortizationofLeaseIntangibleAssetsandLiabilitiesNet_2603E1FE5B5055FAE2CB493609AF7710" xlink:type="arc" />
    <link:label id="lab_us-gaap_AmortizationOfIntangibleAssets_CED6E735C9672DE2EC6B493609AF09AE_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfIntangibleAssets_CED6E735C9672DE2EC6B493609AF09AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of intangible assets</link:label>
    <link:label id="lab_us-gaap_AmortizationOfIntangibleAssets_CED6E735C9672DE2EC6B493609AF09AE_label_en-US" xlink:label="lab_us-gaap_AmortizationOfIntangibleAssets_CED6E735C9672DE2EC6B493609AF09AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Intangible Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AmortizationOfIntangibleAssets" xlink:label="loc_us-gaap_AmortizationOfIntangibleAssets_CED6E735C9672DE2EC6B493609AF09AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfIntangibleAssets_CED6E735C9672DE2EC6B493609AF09AE" xlink:to="lab_us-gaap_AmortizationOfIntangibleAssets_CED6E735C9672DE2EC6B493609AF09AE" xlink:type="arc" />
    <link:label id="lab_ftai_AmortizationofIntangibleAssetsandLiabilitiesNet_A0D121D54718A0FA0921493609AFB7F6_terseLabel_en-US" xlink:label="lab_ftai_AmortizationofIntangibleAssetsandLiabilitiesNet_A0D121D54718A0FA0921493609AFB7F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of intangible assets and liabilities</link:label>
    <link:label id="lab_ftai_AmortizationofIntangibleAssetsandLiabilitiesNet_A0D121D54718A0FA0921493609AFB7F6_label_en-US" xlink:label="lab_ftai_AmortizationofIntangibleAssetsandLiabilitiesNet_A0D121D54718A0FA0921493609AFB7F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Intangible Assets and Liabilities, Net</link:label>
    <link:label id="lab_ftai_AmortizationofIntangibleAssetsandLiabilitiesNet_A0D121D54718A0FA0921493609AFB7F6_documentation_en-US" xlink:label="lab_ftai_AmortizationofIntangibleAssetsandLiabilitiesNet_A0D121D54718A0FA0921493609AFB7F6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amortization of Intangible Assets and Liabilities, Net</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_AmortizationofIntangibleAssetsandLiabilitiesNet" xlink:label="loc_ftai_AmortizationofIntangibleAssetsandLiabilitiesNet_A0D121D54718A0FA0921493609AFB7F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_AmortizationofIntangibleAssetsandLiabilitiesNet_A0D121D54718A0FA0921493609AFB7F6" xlink:to="lab_ftai_AmortizationofIntangibleAssetsandLiabilitiesNet_A0D121D54718A0FA0921493609AFB7F6" xlink:type="arc" />
    <link:label id="lab_ftai_ScheduleofCapitalLeasesLessorBalanceSheetTableTextBlock_B228676A459A9F933DF2F6F8E18945EC_terseLabel_en-US" xlink:label="lab_ftai_ScheduleofCapitalLeasesLessorBalanceSheetTableTextBlock_059F110A8DA05916AD754F2A92383DC0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Capital Leases, Lessor Balance Sheet</link:label>
    <link:label id="lab_ftai_ScheduleofCapitalLeasesLessorBalanceSheetTableTextBlock_B228676A459A9F933DF2F6F8E18945EC_label_en-US" xlink:label="lab_ftai_ScheduleofCapitalLeasesLessorBalanceSheetTableTextBlock_059F110A8DA05916AD754F2A92383DC0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Capital Leases, Lessor Balance Sheet [Table Text Block]</link:label>
    <link:label id="lab_ftai_ScheduleofCapitalLeasesLessorBalanceSheetTableTextBlock_B228676A459A9F933DF2F6F8E18945EC_documentation_en-US" xlink:label="lab_ftai_ScheduleofCapitalLeasesLessorBalanceSheetTableTextBlock_059F110A8DA05916AD754F2A92383DC0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Capital Leases, Lessor Balance Sheet [Table Text Block]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ScheduleofCapitalLeasesLessorBalanceSheetTableTextBlock" xlink:label="loc_ftai_ScheduleofCapitalLeasesLessorBalanceSheetTableTextBlock_059F110A8DA05916AD754F2A92383DC0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ScheduleofCapitalLeasesLessorBalanceSheetTableTextBlock_059F110A8DA05916AD754F2A92383DC0" xlink:to="lab_ftai_ScheduleofCapitalLeasesLessorBalanceSheetTableTextBlock_059F110A8DA05916AD754F2A92383DC0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock_CA37A2906C116173E74EF6F8E189B26C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock_98B422F5BB905BBD8BAB615F7D956D3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Future Minimum Lease Payments for Capital Leases</link:label>
    <link:label id="lab_us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock_CA37A2906C116173E74EF6F8E189B26C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock_98B422F5BB905BBD8BAB615F7D956D3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock_98B422F5BB905BBD8BAB615F7D956D3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock_98B422F5BB905BBD8BAB615F7D956D3D" xlink:to="lab_us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock_98B422F5BB905BBD8BAB615F7D956D3D" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_D5BAD6A7A966AA1DA1CC5E54FDF1ECDB_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_D5BAD6A7A966AA1DA1CC5E54FDF1ECDB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EARNINGS PER SHARE</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_D5BAD6A7A966AA1DA1CC5E54FDF1ECDB_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_D5BAD6A7A966AA1DA1CC5E54FDF1ECDB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="loc_us-gaap_EarningsPerShareTextBlock_D5BAD6A7A966AA1DA1CC5E54FDF1ECDB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareTextBlock_D5BAD6A7A966AA1DA1CC5E54FDF1ECDB" xlink:to="lab_us-gaap_EarningsPerShareTextBlock_D5BAD6A7A966AA1DA1CC5E54FDF1ECDB" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesOfLessorDisclosureTextBlock_7596B937AE75D6E23FFB5E53035D489D_verboseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesOfLessorDisclosureTextBlock_7596B937AE75D6E23FFB5E53035D489D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">LEASING EQUIPMENT, NET</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesOfLessorDisclosureTextBlock_7596B937AE75D6E23FFB5E53035D489D_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesOfLessorDisclosureTextBlock_7596B937AE75D6E23FFB5E53035D489D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases of Lessor Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesOfLessorDisclosureTextBlock" xlink:label="loc_us-gaap_OperatingLeasesOfLessorDisclosureTextBlock_7596B937AE75D6E23FFB5E53035D489D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesOfLessorDisclosureTextBlock_7596B937AE75D6E23FFB5E53035D489D" xlink:to="lab_us-gaap_OperatingLeasesOfLessorDisclosureTextBlock_7596B937AE75D6E23FFB5E53035D489D" xlink:type="arc" />
    <link:label id="lab_ftai_RevenueDisclosureAbstract_8F22FA923995D9033BAE5E5505435C79_label_en-US" xlink:label="lab_ftai_RevenueDisclosureAbstract_8F22FA923995D9033BAE5E5505435C79" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue Disclosure [Abstract]</link:label>
    <link:label id="lab_ftai_RevenueDisclosureAbstract_8F22FA923995D9033BAE5E5505435C79_documentation_en-US" xlink:label="lab_ftai_RevenueDisclosureAbstract_8F22FA923995D9033BAE5E5505435C79" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue Disclosure [Abstract]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RevenueDisclosureAbstract" xlink:label="loc_ftai_RevenueDisclosureAbstract_8F22FA923995D9033BAE5E5505435C79" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RevenueDisclosureAbstract_8F22FA923995D9033BAE5E5505435C79" xlink:to="lab_ftai_RevenueDisclosureAbstract_8F22FA923995D9033BAE5E5505435C79" xlink:type="arc" />
    <link:label id="lab_ftai_RevenueDisclosureTextBlock_F947BAF6E854882758E15E5505441CF5_terseLabel_en-US" xlink:label="lab_ftai_RevenueDisclosureTextBlock_F947BAF6E854882758E15E5505441CF5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">REVENUES</link:label>
    <link:label id="lab_ftai_RevenueDisclosureTextBlock_F947BAF6E854882758E15E5505441CF5_label_en-US" xlink:label="lab_ftai_RevenueDisclosureTextBlock_F947BAF6E854882758E15E5505441CF5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue Disclosure [Text Block]</link:label>
    <link:label id="lab_ftai_RevenueDisclosureTextBlock_F947BAF6E854882758E15E5505441CF5_documentation_en-US" xlink:label="lab_ftai_RevenueDisclosureTextBlock_F947BAF6E854882758E15E5505441CF5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue Disclosure [Text Block]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RevenueDisclosureTextBlock" xlink:label="loc_ftai_RevenueDisclosureTextBlock_F947BAF6E854882758E15E5505441CF5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RevenueDisclosureTextBlock_F947BAF6E854882758E15E5505441CF5" xlink:to="lab_ftai_RevenueDisclosureTextBlock_F947BAF6E854882758E15E5505441CF5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_77A1C248CA3FD32729BF5E3A0BDE249E_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_77A1C248CA3FD32729BF5E3A0BDE249E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_77A1C248CA3FD32729BF5E3A0BDE249E_label_en-US" xlink:label="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_77A1C248CA3FD32729BF5E3A0BDE249E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="loc_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_77A1C248CA3FD32729BF5E3A0BDE249E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_77A1C248CA3FD32729BF5E3A0BDE249E" xlink:to="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_77A1C248CA3FD32729BF5E3A0BDE249E" xlink:type="arc" />
    <link:label id="lab_ftai_AircraftMember_B0BEDDCB6079370FD52E5E3A0BDE3AA5_terseLabel_en-US" xlink:label="lab_ftai_AircraftMember_B0BEDDCB6079370FD52E5E3A0BDE3AA5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aircraft</link:label>
    <link:label id="lab_ftai_AircraftMember_B0BEDDCB6079370FD52E5E3A0BDE3AA5_label_en-US" xlink:label="lab_ftai_AircraftMember_B0BEDDCB6079370FD52E5E3A0BDE3AA5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Aircraft [Member]</link:label>
    <link:label id="lab_ftai_AircraftMember_B0BEDDCB6079370FD52E5E3A0BDE3AA5_documentation_en-US" xlink:label="lab_ftai_AircraftMember_B0BEDDCB6079370FD52E5E3A0BDE3AA5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Aircraft [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_AircraftMember" xlink:label="loc_ftai_AircraftMember_B0BEDDCB6079370FD52E5E3A0BDE3AA5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_AircraftMember_B0BEDDCB6079370FD52E5E3A0BDE3AA5" xlink:to="lab_ftai_AircraftMember_B0BEDDCB6079370FD52E5E3A0BDE3AA5" xlink:type="arc" />
    <link:label id="lab_ftai_AircraftEnginesMember_08A584F2CCCFADC9DDEB5E3A0BDE72A9_terseLabel_en-US" xlink:label="lab_ftai_AircraftEnginesMember_08A584F2CCCFADC9DDEB5E3A0BDE72A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aircraft engines</link:label>
    <link:label id="lab_ftai_AircraftEnginesMember_08A584F2CCCFADC9DDEB5E3A0BDE72A9_label_en-US" xlink:label="lab_ftai_AircraftEnginesMember_08A584F2CCCFADC9DDEB5E3A0BDE72A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Aircraft Engines [Member]</link:label>
    <link:label id="lab_ftai_AircraftEnginesMember_08A584F2CCCFADC9DDEB5E3A0BDE72A9_documentation_en-US" xlink:label="lab_ftai_AircraftEnginesMember_08A584F2CCCFADC9DDEB5E3A0BDE72A9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Aircraft Engines [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_AircraftEnginesMember" xlink:label="loc_ftai_AircraftEnginesMember_08A584F2CCCFADC9DDEB5E3A0BDE72A9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_AircraftEnginesMember_08A584F2CCCFADC9DDEB5E3A0BDE72A9" xlink:to="lab_ftai_AircraftEnginesMember_08A584F2CCCFADC9DDEB5E3A0BDE72A9" xlink:type="arc" />
    <link:label id="lab_ftai_OffshoreEnergyVesselsMember_20E779D56DBC2B0284B35E3A0BDE6DAD_terseLabel_en-US" xlink:label="lab_ftai_OffshoreEnergyVesselsMember_20E779D56DBC2B0284B35E3A0BDE6DAD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Offshore energy vessels</link:label>
    <link:label id="lab_ftai_OffshoreEnergyVesselsMember_20E779D56DBC2B0284B35E3A0BDE6DAD_label_en-US" xlink:label="lab_ftai_OffshoreEnergyVesselsMember_20E779D56DBC2B0284B35E3A0BDE6DAD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Offshore Energy Vessels [Member]</link:label>
    <link:label id="lab_ftai_OffshoreEnergyVesselsMember_20E779D56DBC2B0284B35E3A0BDE6DAD_documentation_en-US" xlink:label="lab_ftai_OffshoreEnergyVesselsMember_20E779D56DBC2B0284B35E3A0BDE6DAD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Offshore Energy Vessels [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_OffshoreEnergyVesselsMember" xlink:label="loc_ftai_OffshoreEnergyVesselsMember_20E779D56DBC2B0284B35E3A0BDE6DAD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_OffshoreEnergyVesselsMember_20E779D56DBC2B0284B35E3A0BDE6DAD" xlink:to="lab_ftai_OffshoreEnergyVesselsMember_20E779D56DBC2B0284B35E3A0BDE6DAD" xlink:type="arc" />
    <link:label id="lab_ftai_BuildingsandSiteImprovementsMember_BB9C8222F45BEEF0B3425E3A0BDFDBB8_terseLabel_en-US" xlink:label="lab_ftai_BuildingsandSiteImprovementsMember_BB9C8222F45BEEF0B3425E3A0BDFDBB8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Buildings and site improvements</link:label>
    <link:label id="lab_ftai_BuildingsandSiteImprovementsMember_BB9C8222F45BEEF0B3425E3A0BDFDBB8_label_en-US" xlink:label="lab_ftai_BuildingsandSiteImprovementsMember_BB9C8222F45BEEF0B3425E3A0BDFDBB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Buildings and Site Improvements [Member]</link:label>
    <link:label id="lab_ftai_BuildingsandSiteImprovementsMember_BB9C8222F45BEEF0B3425E3A0BDFDBB8_documentation_en-US" xlink:label="lab_ftai_BuildingsandSiteImprovementsMember_BB9C8222F45BEEF0B3425E3A0BDFDBB8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Buildings and Site Improvements [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_BuildingsandSiteImprovementsMember" xlink:label="loc_ftai_BuildingsandSiteImprovementsMember_BB9C8222F45BEEF0B3425E3A0BDFDBB8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_BuildingsandSiteImprovementsMember_BB9C8222F45BEEF0B3425E3A0BDFDBB8" xlink:to="lab_ftai_BuildingsandSiteImprovementsMember_BB9C8222F45BEEF0B3425E3A0BDFDBB8" xlink:type="arc" />
    <link:label id="lab_ftai_CrudeOilTerminalandEquipmentMember_FC3E1DBF88CA72CFF0225E3A0BDF679F_terseLabel_en-US" xlink:label="lab_ftai_CrudeOilTerminalandEquipmentMember_FC3E1DBF88CA72CFF0225E3A0BDF679F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Crude oil terminal machinery and equipment</link:label>
    <link:label id="lab_ftai_CrudeOilTerminalandEquipmentMember_FC3E1DBF88CA72CFF0225E3A0BDF679F_label_en-US" xlink:label="lab_ftai_CrudeOilTerminalandEquipmentMember_FC3E1DBF88CA72CFF0225E3A0BDF679F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Crude Oil Terminal and Equipment [Member]</link:label>
    <link:label id="lab_ftai_CrudeOilTerminalandEquipmentMember_FC3E1DBF88CA72CFF0225E3A0BDF679F_documentation_en-US" xlink:label="lab_ftai_CrudeOilTerminalandEquipmentMember_FC3E1DBF88CA72CFF0225E3A0BDF679F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Crude Oil Terminal and Equipment [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CrudeOilTerminalandEquipmentMember" xlink:label="loc_ftai_CrudeOilTerminalandEquipmentMember_FC3E1DBF88CA72CFF0225E3A0BDF679F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CrudeOilTerminalandEquipmentMember_FC3E1DBF88CA72CFF0225E3A0BDF679F" xlink:to="lab_ftai_CrudeOilTerminalandEquipmentMember_FC3E1DBF88CA72CFF0225E3A0BDF679F" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentLineItems_F4B7ADD45BAD5C14D74E5E3A0BDFE542_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentLineItems_F4B7ADD45BAD5C14D74E5E3A0BDFE542" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Line Items]</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentLineItems_F4B7ADD45BAD5C14D74E5E3A0BDFE542_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentLineItems_F4B7ADD45BAD5C14D74E5E3A0BDFE542" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentLineItems_F4B7ADD45BAD5C14D74E5E3A0BDFE542" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentLineItems_F4B7ADD45BAD5C14D74E5E3A0BDFE542" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentLineItems_F4B7ADD45BAD5C14D74E5E3A0BDFE542" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxDisclosureAbstract_E138F6B934893610D03F5E57D0A2AE74_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureAbstract_E138F6B934893610D03F5E57D0A2AE74" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaap_IncomeTaxDisclosureAbstract_E138F6B934893610D03F5E57D0A2AE74" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxDisclosureAbstract_E138F6B934893610D03F5E57D0A2AE74" xlink:to="lab_us-gaap_IncomeTaxDisclosureAbstract_E138F6B934893610D03F5E57D0A2AE74" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_12B3BCB766BF2A7E603C5E57D0A20CBC_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_12B3BCB766BF2A7E603C5E57D0A20CBC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INCOME TAXES</link:label>
    <link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_12B3BCB766BF2A7E603C5E57D0A20CBC_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_12B3BCB766BF2A7E603C5E57D0A20CBC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="loc_us-gaap_IncomeTaxDisclosureTextBlock_12B3BCB766BF2A7E603C5E57D0A20CBC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxDisclosureTextBlock_12B3BCB766BF2A7E603C5E57D0A20CBC" xlink:to="lab_us-gaap_IncomeTaxDisclosureTextBlock_12B3BCB766BF2A7E603C5E57D0A20CBC" xlink:type="arc" />
    <link:label id="lab_us-gaap_OffMarketFavorableLeaseMember_9F5BE276EA160F8299482E3CF69EAFD5_terseLabel_en-US" xlink:label="lab_us-gaap_OffMarketFavorableLeaseMember_E85C9CE537B55B9AA55124DA6F427EC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Off-Market Favorable Lease</link:label>
    <link:label id="lab_us-gaap_OffMarketFavorableLeaseMember_9F5BE276EA160F8299482E3CF69EAFD5_label_en-US" xlink:label="lab_us-gaap_OffMarketFavorableLeaseMember_E85C9CE537B55B9AA55124DA6F427EC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Off-Market Favorable Lease [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OffMarketFavorableLeaseMember" xlink:label="loc_us-gaap_OffMarketFavorableLeaseMember_E85C9CE537B55B9AA55124DA6F427EC2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OffMarketFavorableLeaseMember_E85C9CE537B55B9AA55124DA6F427EC2" xlink:to="lab_us-gaap_OffMarketFavorableLeaseMember_E85C9CE537B55B9AA55124DA6F427EC2" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsNetAbstract_EDC099AB60F66A73B3F42E3CF69E73B6_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsNetAbstract_48EEB7BEDB115458AD9BB7220F5EBB16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets:</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsNetAbstract_EDC099AB60F66A73B3F42E3CF69E73B6_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsNetAbstract_48EEB7BEDB115458AD9BB7220F5EBB16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Net [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsNetAbstract" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsNetAbstract_48EEB7BEDB115458AD9BB7220F5EBB16" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNetAbstract_48EEB7BEDB115458AD9BB7220F5EBB16" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsNetAbstract_48EEB7BEDB115458AD9BB7220F5EBB16" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsGross_56DE78D8163BED1EACF92E3CF69FAFBF_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsGross_B6B495FC5A415147BD256EC6CC3F7625" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquired finite-lived intangibles</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsGross_56DE78D8163BED1EACF92E3CF69FAFBF_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsGross_B6B495FC5A415147BD256EC6CC3F7625" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsGross" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsGross_B6B495FC5A415147BD256EC6CC3F7625" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsGross_B6B495FC5A415147BD256EC6CC3F7625" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsGross_B6B495FC5A415147BD256EC6CC3F7625" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_5C576A8E76FA74EE94462E3CF69F1470_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_DD01FBAFA80A5847B083C54380EC4976" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Accumulated amortization</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_5C576A8E76FA74EE94462E3CF69F1470_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_DD01FBAFA80A5847B083C54380EC4976" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Accumulated Amortization</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_DD01FBAFA80A5847B083C54380EC4976" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_DD01FBAFA80A5847B083C54380EC4976" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_DD01FBAFA80A5847B083C54380EC4976" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsNet_8BFE337E752E5651C5412E3CF69FF874_totalLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsNet_A7A29CFBB085524A81C4CBC66FE75721" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsNet_8BFE337E752E5651C5412E3CF69FF874_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsNet_A7A29CFBB085524A81C4CBC66FE75721" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsNet" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsNet_A7A29CFBB085524A81C4CBC66FE75721" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_A7A29CFBB085524A81C4CBC66FE75721" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsNet_A7A29CFBB085524A81C4CBC66FE75721" xlink:type="arc" />
    <link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_E184253CC75558AAB1EF2E3CF69FEC66_terseLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_E7F12EE548D5579A88DAC0078FE16C15" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total intangible assets, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_E7F12EE548D5579A88DAC0078FE16C15" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_E7F12EE548D5579A88DAC0078FE16C15" xlink:to="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_E7F12EE548D5579A88DAC0078FE16C15" xlink:type="arc" />
    <link:label id="lab_us-gaap_BelowMarketLeaseAbstract_A803531118081D060A0E2E3CF69F148F_terseLabel_en-US" xlink:label="lab_us-gaap_BelowMarketLeaseAbstract_7D00330071555FD593DE070D9641BC5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible liabilities:</link:label>
    <link:label id="lab_us-gaap_BelowMarketLeaseAbstract_A803531118081D060A0E2E3CF69F148F_label_en-US" xlink:label="lab_us-gaap_BelowMarketLeaseAbstract_7D00330071555FD593DE070D9641BC5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Below Market Lease [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BelowMarketLeaseAbstract" xlink:label="loc_us-gaap_BelowMarketLeaseAbstract_7D00330071555FD593DE070D9641BC5C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BelowMarketLeaseAbstract_7D00330071555FD593DE070D9641BC5C" xlink:to="lab_us-gaap_BelowMarketLeaseAbstract_7D00330071555FD593DE070D9641BC5C" xlink:type="arc" />
    <link:label id="lab_us-gaap_BelowMarketLeaseGross_D18A5E696AA2136E25AB2E3CF69FDAB5_terseLabel_en-US" xlink:label="lab_us-gaap_BelowMarketLeaseGross_4C67CCDF2A0859E69F3CDF23940198DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquired unfavorable lease intangibles</link:label>
    <link:label id="lab_us-gaap_BelowMarketLeaseGross_D18A5E696AA2136E25AB2E3CF69FDAB5_label_en-US" xlink:label="lab_us-gaap_BelowMarketLeaseGross_4C67CCDF2A0859E69F3CDF23940198DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Below Market Lease, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BelowMarketLeaseGross" xlink:label="loc_us-gaap_BelowMarketLeaseGross_4C67CCDF2A0859E69F3CDF23940198DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BelowMarketLeaseGross_4C67CCDF2A0859E69F3CDF23940198DE" xlink:to="lab_us-gaap_BelowMarketLeaseGross_4C67CCDF2A0859E69F3CDF23940198DE" xlink:type="arc" />
    <link:label id="lab_us-gaap_BelowMarketLeaseAccumulatedAmortization_BDAB50C712A10515FBAD2E3CF69FE884_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_BelowMarketLeaseAccumulatedAmortization_FAF5B51756295FAF96DC54C1FAECD3F2" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Less: Accumulated amortization</link:label>
    <link:label id="lab_us-gaap_BelowMarketLeaseAccumulatedAmortization_BDAB50C712A10515FBAD2E3CF69FE884_label_en-US" xlink:label="lab_us-gaap_BelowMarketLeaseAccumulatedAmortization_FAF5B51756295FAF96DC54C1FAECD3F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Below Market Lease, Accumulated Amortization</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BelowMarketLeaseAccumulatedAmortization" xlink:label="loc_us-gaap_BelowMarketLeaseAccumulatedAmortization_FAF5B51756295FAF96DC54C1FAECD3F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BelowMarketLeaseAccumulatedAmortization_FAF5B51756295FAF96DC54C1FAECD3F2" xlink:to="lab_us-gaap_BelowMarketLeaseAccumulatedAmortization_FAF5B51756295FAF96DC54C1FAECD3F2" xlink:type="arc" />
    <link:label id="lab_us-gaap_BelowMarketLeaseNet_BA474883914135E4B5B12E3CF69F0C89_totalLabel_en-US" xlink:label="lab_us-gaap_BelowMarketLeaseNet_126F0358B1045ED4936C216C3EE07E33" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Acquired unfavorable lease intangibles, net</link:label>
    <link:label id="lab_us-gaap_BelowMarketLeaseNet_BA474883914135E4B5B12E3CF69F0C89_label_en-US" xlink:label="lab_us-gaap_BelowMarketLeaseNet_126F0358B1045ED4936C216C3EE07E33" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Below Market Lease, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BelowMarketLeaseNet" xlink:label="loc_us-gaap_BelowMarketLeaseNet_126F0358B1045ED4936C216C3EE07E33" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BelowMarketLeaseNet_126F0358B1045ED4936C216C3EE07E33" xlink:to="lab_us-gaap_BelowMarketLeaseNet_126F0358B1045ED4936C216C3EE07E33" xlink:type="arc" />
    <link:label id="lab_ftai_AdjustedNetIncomeLoss_CF077871168223E3F36343BF9A8CA6CE_terseLabel_en-US" xlink:label="lab_ftai_AdjustedNetIncomeLoss_CF077871168223E3F36343BF9A8CA6CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjusted Net Income (Loss)</link:label>
    <link:label id="lab_ftai_AdjustedNetIncomeLoss_CF077871168223E3F36343BF9A8CA6CE_label_en-US" xlink:label="lab_ftai_AdjustedNetIncomeLoss_CF077871168223E3F36343BF9A8CA6CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjusted Net Income (Loss)</link:label>
    <link:label id="lab_ftai_AdjustedNetIncomeLoss_CF077871168223E3F36343BF9A8CA6CE_documentation_en-US" xlink:label="lab_ftai_AdjustedNetIncomeLoss_CF077871168223E3F36343BF9A8CA6CE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjusted Net Income (Loss)</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_AdjustedNetIncomeLoss" xlink:label="loc_ftai_AdjustedNetIncomeLoss_CF077871168223E3F36343BF9A8CA6CE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_AdjustedNetIncomeLoss_CF077871168223E3F36343BF9A8CA6CE" xlink:to="lab_ftai_AdjustedNetIncomeLoss_CF077871168223E3F36343BF9A8CA6CE" xlink:type="arc" />
    <link:label id="lab_ftai_AdjustedNetIncomeLossAttributabletoNonControllingInterest_17774787C72124303F0743BF9A8D2AD2_terseLabel_en-US" xlink:label="lab_ftai_AdjustedNetIncomeLossAttributabletoNonControllingInterest_17774787C72124303F0743BF9A8D2AD2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Add: Non-controlling share of adjustments to Adjusted Net Income</link:label>
    <link:label id="lab_ftai_AdjustedNetIncomeLossAttributabletoNonControllingInterest_17774787C72124303F0743BF9A8D2AD2_label_en-US" xlink:label="lab_ftai_AdjustedNetIncomeLossAttributabletoNonControllingInterest_17774787C72124303F0743BF9A8D2AD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjusted Net Income (Loss) Attributable to Non-Controlling Interest</link:label>
    <link:label id="lab_ftai_AdjustedNetIncomeLossAttributabletoNonControllingInterest_17774787C72124303F0743BF9A8D2AD2_documentation_en-US" xlink:label="lab_ftai_AdjustedNetIncomeLossAttributabletoNonControllingInterest_17774787C72124303F0743BF9A8D2AD2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjusted Net Income (Loss) Attributable to Non-Controlling Interest</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_AdjustedNetIncomeLossAttributabletoNonControllingInterest" xlink:label="loc_ftai_AdjustedNetIncomeLossAttributabletoNonControllingInterest_17774787C72124303F0743BF9A8D2AD2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_AdjustedNetIncomeLossAttributabletoNonControllingInterest_17774787C72124303F0743BF9A8D2AD2" xlink:to="lab_ftai_AdjustedNetIncomeLossAttributabletoNonControllingInterest_17774787C72124303F0743BF9A8D2AD2" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_BCA30F44C9D8FA72620943BF9A8D1531_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_BCA30F44C9D8FA72620943BF9A8D1531" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity in (losses) earnings of unconsolidated entities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_BCA30F44C9D8FA72620943BF9A8D1531" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromEquityMethodInvestments_BCA30F44C9D8FA72620943BF9A8D1531" xlink:to="lab_us-gaap_IncomeLossFromEquityMethodInvestments_BCA30F44C9D8FA72620943BF9A8D1531" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxesPaidNet_BB8549ADC17942F71D2643BF9A8D99A1_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxesPaidNet_BB8549ADC17942F71D2643BF9A8D99A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Add: Cash payments for income taxes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="loc_us-gaap_IncomeTaxesPaidNet_BB8549ADC17942F71D2643BF9A8D99A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxesPaidNet_BB8549ADC17942F71D2643BF9A8D99A1" xlink:to="lab_us-gaap_IncomeTaxesPaidNet_BB8549ADC17942F71D2643BF9A8D99A1" xlink:type="arc" />
    <link:label id="lab_ftai_IncentiveIncomeAllocated_4702974C56730AE3B45343BF9A8D4D94_terseLabel_en-US" xlink:label="lab_ftai_IncentiveIncomeAllocated_4702974C56730AE3B45343BF9A8D4D94" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: Incentive allocations</link:label>
    <link:label id="lab_ftai_IncentiveIncomeAllocated_4702974C56730AE3B45343BF9A8D4D94_label_en-US" xlink:label="lab_ftai_IncentiveIncomeAllocated_4702974C56730AE3B45343BF9A8D4D94" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Incentive Income Allocated</link:label>
    <link:label id="lab_ftai_IncentiveIncomeAllocated_4702974C56730AE3B45343BF9A8D4D94_documentation_en-US" xlink:label="lab_ftai_IncentiveIncomeAllocated_4702974C56730AE3B45343BF9A8D4D94" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Incentive Income Allocated</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_IncentiveIncomeAllocated" xlink:label="loc_ftai_IncentiveIncomeAllocated_4702974C56730AE3B45343BF9A8D4D94" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_IncentiveIncomeAllocated_4702974C56730AE3B45343BF9A8D4D94" xlink:to="lab_ftai_IncentiveIncomeAllocated_4702974C56730AE3B45343BF9A8D4D94" xlink:type="arc" />
    <link:label id="lab_ftai_IncomeLossfromEquityMethodInvestmentsProRataShare_5205413D105B2327135E43BF9A8E2497_terseLabel_en-US" xlink:label="lab_ftai_IncomeLossfromEquityMethodInvestmentsProRataShare_5205413D105B2327135E43BF9A8E2497" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities</link:label>
    <link:label id="lab_ftai_IncomeLossfromEquityMethodInvestmentsProRataShare_5205413D105B2327135E43BF9A8E2497_label_en-US" xlink:label="lab_ftai_IncomeLossfromEquityMethodInvestmentsProRataShare_5205413D105B2327135E43BF9A8E2497" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Equity Method Investments, Pro-Rata Share</link:label>
    <link:label id="lab_ftai_IncomeLossfromEquityMethodInvestmentsProRataShare_5205413D105B2327135E43BF9A8E2497_documentation_en-US" xlink:label="lab_ftai_IncomeLossfromEquityMethodInvestmentsProRataShare_5205413D105B2327135E43BF9A8E2497" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income (Loss) from Equity Method Investments, Pro-Rata Share</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_IncomeLossfromEquityMethodInvestmentsProRataShare" xlink:label="loc_ftai_IncomeLossfromEquityMethodInvestmentsProRataShare_5205413D105B2327135E43BF9A8E2497" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_IncomeLossfromEquityMethodInvestmentsProRataShare_5205413D105B2327135E43BF9A8E2497" xlink:to="lab_ftai_IncomeLossfromEquityMethodInvestmentsProRataShare_5205413D105B2327135E43BF9A8E2497" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetImpairmentCharges_4A27CFCD6F5EAC56919C43BF9A8E3198_negatedLabel_en-US" xlink:label="lab_us-gaap_AssetImpairmentCharges_4A27CFCD6F5EAC56919C43BF9A8E3198" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Less: Asset impairment charges</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AssetImpairmentCharges" xlink:label="loc_us-gaap_AssetImpairmentCharges_4A27CFCD6F5EAC56919C43BF9A8E3198" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetImpairmentCharges_4A27CFCD6F5EAC56919C43BF9A8E3198" xlink:to="lab_us-gaap_AssetImpairmentCharges_4A27CFCD6F5EAC56919C43BF9A8E3198" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_4554DC2D4ABE1505BAB043BF9A8EC178_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_4554DC2D4ABE1505BAB043BF9A8EC178" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: Changes in fair value of non-hedge derivative instruments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet" xlink:label="loc_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_4554DC2D4ABE1505BAB043BF9A8EC178" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_4554DC2D4ABE1505BAB043BF9A8EC178" xlink:to="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_4554DC2D4ABE1505BAB043BF9A8EC178" xlink:type="arc" />
    <link:label id="lab_ftai_GainsLossesonExtinguishmentorRestructuringofDebt_1DB596AA927722C6EC9743BF9A8F17EE_terseLabel_en-US" xlink:label="lab_ftai_GainsLossesonExtinguishmentorRestructuringofDebt_1DB596AA927722C6EC9743BF9A8F17EE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: Losses on the modification or extinguishment of debt and capital lease obligations</link:label>
    <link:label id="lab_ftai_GainsLossesonExtinguishmentorRestructuringofDebt_1DB596AA927722C6EC9743BF9A8F17EE_label_en-US" xlink:label="lab_ftai_GainsLossesonExtinguishmentorRestructuringofDebt_1DB596AA927722C6EC9743BF9A8F17EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) on Extinguishment or Restructuring of Debt</link:label>
    <link:label id="lab_ftai_GainsLossesonExtinguishmentorRestructuringofDebt_1DB596AA927722C6EC9743BF9A8F17EE_documentation_en-US" xlink:label="lab_ftai_GainsLossesonExtinguishmentorRestructuringofDebt_1DB596AA927722C6EC9743BF9A8F17EE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gains (Losses) on Extinguishment or Restructuring of Debt</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_GainsLossesonExtinguishmentorRestructuringofDebt" xlink:label="loc_ftai_GainsLossesonExtinguishmentorRestructuringofDebt_1DB596AA927722C6EC9743BF9A8F17EE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_GainsLossesonExtinguishmentorRestructuringofDebt_1DB596AA927722C6EC9743BF9A8F17EE" xlink:to="lab_ftai_GainsLossesonExtinguishmentorRestructuringofDebt_1DB596AA927722C6EC9743BF9A8F17EE" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_645EE89F2660CCBB75CA43BF9A8F416D_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_645EE89F2660CCBB75CA43BF9A8F416D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Less: Acquisition and transaction expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationAcquisitionRelatedCosts" xlink:label="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_645EE89F2660CCBB75CA43BF9A8F416D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_645EE89F2660CCBB75CA43BF9A8F416D" xlink:to="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_645EE89F2660CCBB75CA43BF9A8F416D" xlink:type="arc" />
    <link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_FD55D872BAC031B32C0D43BF9A9044B0_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_FD55D872BAC031B32C0D43BF9A9044B0" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Less: Equity-based compensation expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpense_FD55D872BAC031B32C0D43BF9A9044B0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllocatedShareBasedCompensationExpense_FD55D872BAC031B32C0D43BF9A9044B0" xlink:to="lab_us-gaap_AllocatedShareBasedCompensationExpense_FD55D872BAC031B32C0D43BF9A9044B0" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_AC538E32A9913960F74643BF9A9028F2_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_AC538E32A9913960F74643BF9A9028F2" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Less: Provision for income taxes</link:label>
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_AC538E32A9913960F74643BF9A9028F2_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_AC538E32A9913960F74643BF9A9028F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_AC538E32A9913960F74643BF9A9028F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_AC538E32A9913960F74643BF9A9028F2" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_AC538E32A9913960F74643BF9A9028F2" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLoss_4E7005B58B8DB469747A43BF9A90B27C_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_4E7005B58B8DB469747A43BF9A90B27C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net (loss) income attributable to shareholders</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_4E7005B58B8DB469747A43BF9A90B27C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss_4E7005B58B8DB469747A43BF9A90B27C" xlink:to="lab_us-gaap_NetIncomeLoss_4E7005B58B8DB469747A43BF9A90B27C" xlink:type="arc" />
    <link:label id="lab_us-gaap_PlanNameAxis_0D452211747F0E07E0415C4887E8833A_terseLabel_en-US" xlink:label="lab_us-gaap_PlanNameAxis_0D452211747F0E07E0415C4887E8833A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Plan Name [Axis]</link:label>
    <link:label id="lab_us-gaap_PlanNameAxis_0D452211747F0E07E0415C4887E8833A_label_en-US" xlink:label="lab_us-gaap_PlanNameAxis_0D452211747F0E07E0415C4887E8833A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Plan Name [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PlanNameAxis" xlink:label="loc_us-gaap_PlanNameAxis_0D452211747F0E07E0415C4887E8833A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PlanNameAxis_0D452211747F0E07E0415C4887E8833A" xlink:to="lab_us-gaap_PlanNameAxis_0D452211747F0E07E0415C4887E8833A" xlink:type="arc" />
    <link:label id="lab_us-gaap_PlanNameDomain_14BE52A1D3752E84A7835C4887E8AC49_terseLabel_en-US" xlink:label="lab_us-gaap_PlanNameDomain_14BE52A1D3752E84A7835C4887E8AC49" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Plan Name [Domain]</link:label>
    <link:label id="lab_us-gaap_PlanNameDomain_14BE52A1D3752E84A7835C4887E8AC49_label_en-US" xlink:label="lab_us-gaap_PlanNameDomain_14BE52A1D3752E84A7835C4887E8AC49" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Plan Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PlanNameDomain" xlink:label="loc_us-gaap_PlanNameDomain_14BE52A1D3752E84A7835C4887E8AC49" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PlanNameDomain_14BE52A1D3752E84A7835C4887E8AC49" xlink:to="lab_us-gaap_PlanNameDomain_14BE52A1D3752E84A7835C4887E8AC49" xlink:type="arc" />
    <link:label id="lab_ftai_IncentivePlanMember_C82884B88EC4F7173AA15C4887E86DD4_terseLabel_en-US" xlink:label="lab_ftai_IncentivePlanMember_C82884B88EC4F7173AA15C4887E86DD4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Incentive Plan</link:label>
    <link:label id="lab_ftai_IncentivePlanMember_C82884B88EC4F7173AA15C4887E86DD4_label_en-US" xlink:label="lab_ftai_IncentivePlanMember_C82884B88EC4F7173AA15C4887E86DD4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Incentive Plan [Member]</link:label>
    <link:label id="lab_ftai_IncentivePlanMember_C82884B88EC4F7173AA15C4887E86DD4_documentation_en-US" xlink:label="lab_ftai_IncentivePlanMember_C82884B88EC4F7173AA15C4887E86DD4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Incentive Plan [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_IncentivePlanMember" xlink:label="loc_ftai_IncentivePlanMember_C82884B88EC4F7173AA15C4887E86DD4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_IncentivePlanMember_C82884B88EC4F7173AA15C4887E86DD4" xlink:to="lab_ftai_IncentivePlanMember_C82884B88EC4F7173AA15C4887E86DD4" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeStockOptionMember_BD0A759439F5E5FF084D5C4887E85B43_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeStockOptionMember_BD0A759439F5E5FF084D5C4887E85B43" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock Options</link:label>
    <link:label id="lab_us-gaap_EmployeeStockOptionMember_BD0A759439F5E5FF084D5C4887E85B43_label_en-US" xlink:label="lab_us-gaap_EmployeeStockOptionMember_BD0A759439F5E5FF084D5C4887E85B43" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Stock Option [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EmployeeStockOptionMember" xlink:label="loc_us-gaap_EmployeeStockOptionMember_BD0A759439F5E5FF084D5C4887E85B43" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeStockOptionMember_BD0A759439F5E5FF084D5C4887E85B43" xlink:to="lab_us-gaap_EmployeeStockOptionMember_BD0A759439F5E5FF084D5C4887E85B43" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_D9E415FBCE22092433F35C4887E82009_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_D9E415FBCE22092433F35C4887E82009" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Options</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_D9E415FBCE22092433F35C4887E82009_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_D9E415FBCE22092433F35C4887E82009" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_D9E415FBCE22092433F35C4887E82009" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_D9E415FBCE22092433F35C4887E82009" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_D9E415FBCE22092433F35C4887E82009" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_DEC0264A6ABECADB4BC25C4887E880B4_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_DEC0264A6ABECADB4BC25C4887E880B4" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Stock options outstanding, beginning balance (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_DEC0264A6ABECADB4BC25C4887E880B4_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_DEC0264A6ABECADB4BC25C4887E880B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_DEC0264A6ABECADB4BC25C4887E880B4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_DEC0264A6ABECADB4BC25C4887E880B4" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_DEC0264A6ABECADB4BC25C4887E880B4" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_14A1B896A8ECADC0C33F5C4887E8C92B_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_14A1B896A8ECADC0C33F5C4887E8C92B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Granted (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_14A1B896A8ECADC0C33F5C4887E8C92B_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_14A1B896A8ECADC0C33F5C4887E8C92B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_14A1B896A8ECADC0C33F5C4887E8C92B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_14A1B896A8ECADC0C33F5C4887E8C92B" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_14A1B896A8ECADC0C33F5C4887E8C92B" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_7C7DEF248A3A2F833CB75C4887E89924_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_7C7DEF248A3A2F833CB75C4887E89924" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Exercised (in shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_7C7DEF248A3A2F833CB75C4887E89924_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_7C7DEF248A3A2F833CB75C4887E89924" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_7C7DEF248A3A2F833CB75C4887E89924" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_7C7DEF248A3A2F833CB75C4887E89924" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_7C7DEF248A3A2F833CB75C4887E89924" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_64C06E6F82E1A9F638495C4887E8E1B0_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_64C06E6F82E1A9F638495C4887E8E1B0" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Forfeited and canceled (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_64C06E6F82E1A9F638495C4887E8E1B0_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_64C06E6F82E1A9F638495C4887E8E1B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_64C06E6F82E1A9F638495C4887E8E1B0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_64C06E6F82E1A9F638495C4887E8E1B0" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_64C06E6F82E1A9F638495C4887E8E1B0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_B6FE3A7D67D8239E4A035C4887E83797_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_B6FE3A7D67D8239E4A035C4887E83797" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Stock options outstanding, ending balance (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_B6FE3A7D67D8239E4A035C4887E83797" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_B6FE3A7D67D8239E4A035C4887E83797" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_B6FE3A7D67D8239E4A035C4887E83797" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_24D43A4CABFCFDCD0E5A5C4887E8709C_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_24D43A4CABFCFDCD0E5A5C4887E8709C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-Average Exercise Price (per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_24D43A4CABFCFDCD0E5A5C4887E8709C_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_24D43A4CABFCFDCD0E5A5C4887E8709C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_24D43A4CABFCFDCD0E5A5C4887E8709C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_24D43A4CABFCFDCD0E5A5C4887E8709C" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_24D43A4CABFCFDCD0E5A5C4887E8709C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_62EBE1293EB2ACB08D305C4887E8E3CD_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_62EBE1293EB2ACB08D305C4887E8E3CD" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Stock options outstanding at January 1, 2016 (in usd per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_62EBE1293EB2ACB08D305C4887E8E3CD_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_62EBE1293EB2ACB08D305C4887E8E3CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_62EBE1293EB2ACB08D305C4887E8E3CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_62EBE1293EB2ACB08D305C4887E8E3CD" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_62EBE1293EB2ACB08D305C4887E8E3CD" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_7E0C4F2F5C26159EE1C95C4887E867F0_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_7E0C4F2F5C26159EE1C95C4887E867F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Granted (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_7E0C4F2F5C26159EE1C95C4887E867F0_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_7E0C4F2F5C26159EE1C95C4887E867F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_7E0C4F2F5C26159EE1C95C4887E867F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_7E0C4F2F5C26159EE1C95C4887E867F0" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_7E0C4F2F5C26159EE1C95C4887E867F0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_36F460F7BA3CB68D2F9F5C4887E8EF7D_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_36F460F7BA3CB68D2F9F5C4887E8EF7D" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Stock options outstanding and exercisable as of June 30, 2016 (in usd per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_36F460F7BA3CB68D2F9F5C4887E8EF7D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_36F460F7BA3CB68D2F9F5C4887E8EF7D" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_36F460F7BA3CB68D2F9F5C4887E8EF7D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_4B7D9B962588D0A4D7FD5C4887E9023C_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_4B7D9B962588D0A4D7FD5C4887E9023C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aggregate Intrinsic Value</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_4B7D9B962588D0A4D7FD5C4887E9023C_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_4B7D9B962588D0A4D7FD5C4887E9023C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_4B7D9B962588D0A4D7FD5C4887E9023C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_4B7D9B962588D0A4D7FD5C4887E9023C" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_4B7D9B962588D0A4D7FD5C4887E9023C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAdditionalDisclosuresAbstract_23356688D54B80CD822F5C4887E98075_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAdditionalDisclosuresAbstract_23356688D54B80CD822F5C4887E98075" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted Average Remaining Contractual Term (in years)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAdditionalDisclosuresAbstract_23356688D54B80CD822F5C4887E98075_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAdditionalDisclosuresAbstract_23356688D54B80CD822F5C4887E98075" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAdditionalDisclosuresAbstract" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAdditionalDisclosuresAbstract_23356688D54B80CD822F5C4887E98075" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAdditionalDisclosuresAbstract_23356688D54B80CD822F5C4887E98075" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAdditionalDisclosuresAbstract_23356688D54B80CD822F5C4887E98075" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_163193840782B20E7B0C5C4887E918D2_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_163193840782B20E7B0C5C4887E918D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outstanding (in years)</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_163193840782B20E7B0C5C4887E918D2_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_163193840782B20E7B0C5C4887E918D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_163193840782B20E7B0C5C4887E918D2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_163193840782B20E7B0C5C4887E918D2" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_163193840782B20E7B0C5C4887E918D2" xlink:type="arc" />
    <link:label id="lab_ftai_RestrictedStockAwardExpiringAugust2017Member_8F5EFDE9B9CF3BC700115D02663B0820_terseLabel_en-US" xlink:label="lab_ftai_RestrictedStockAwardExpiringAugust2017Member_8F5EFDE9B9CF3BC700115D02663B0820" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Expiring August 2017</link:label>
    <link:label id="lab_ftai_RestrictedStockAwardExpiringAugust2017Member_8F5EFDE9B9CF3BC700115D02663B0820_label_en-US" xlink:label="lab_ftai_RestrictedStockAwardExpiringAugust2017Member_8F5EFDE9B9CF3BC700115D02663B0820" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Stock Award Expiring August 2017 [Member]</link:label>
    <link:label id="lab_ftai_RestrictedStockAwardExpiringAugust2017Member_8F5EFDE9B9CF3BC700115D02663B0820_documentation_en-US" xlink:label="lab_ftai_RestrictedStockAwardExpiringAugust2017Member_8F5EFDE9B9CF3BC700115D02663B0820" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Restricted Stock Award Expiring August 2017 [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RestrictedStockAwardExpiringAugust2017Member" xlink:label="loc_ftai_RestrictedStockAwardExpiringAugust2017Member_8F5EFDE9B9CF3BC700115D02663B0820" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RestrictedStockAwardExpiringAugust2017Member_8F5EFDE9B9CF3BC700115D02663B0820" xlink:to="lab_ftai_RestrictedStockAwardExpiringAugust2017Member_8F5EFDE9B9CF3BC700115D02663B0820" xlink:type="arc" />
    <link:label id="lab_ftai_RestrictedStockAwardExpiringAugust2018Member_500AA1682066136AF6655D02663BDCAF_terseLabel_en-US" xlink:label="lab_ftai_RestrictedStockAwardExpiringAugust2018Member_500AA1682066136AF6655D02663BDCAF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Expiring August 2018</link:label>
    <link:label id="lab_ftai_RestrictedStockAwardExpiringAugust2018Member_500AA1682066136AF6655D02663BDCAF_label_en-US" xlink:label="lab_ftai_RestrictedStockAwardExpiringAugust2018Member_500AA1682066136AF6655D02663BDCAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Stock Award Expiring August 2018 [Member]</link:label>
    <link:label id="lab_ftai_RestrictedStockAwardExpiringAugust2018Member_500AA1682066136AF6655D02663BDCAF_documentation_en-US" xlink:label="lab_ftai_RestrictedStockAwardExpiringAugust2018Member_500AA1682066136AF6655D02663BDCAF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Restricted Stock Award Expiring August 2018 [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RestrictedStockAwardExpiringAugust2018Member" xlink:label="loc_ftai_RestrictedStockAwardExpiringAugust2018Member_500AA1682066136AF6655D02663BDCAF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RestrictedStockAwardExpiringAugust2018Member_500AA1682066136AF6655D02663BDCAF" xlink:to="lab_ftai_RestrictedStockAwardExpiringAugust2018Member_500AA1682066136AF6655D02663BDCAF" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockCompensationPlanMember_FCA6E559E551A1CED0155D02663C9543_terseLabel_en-US" xlink:label="lab_us-gaap_StockCompensationPlanMember_FCA6E559E551A1CED0155D02663C9543" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Units</link:label>
    <link:label id="lab_us-gaap_StockCompensationPlanMember_FCA6E559E551A1CED0155D02663C9543_label_en-US" xlink:label="lab_us-gaap_StockCompensationPlanMember_FCA6E559E551A1CED0155D02663C9543" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Compensation Plan [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockCompensationPlanMember" xlink:label="loc_us-gaap_StockCompensationPlanMember_FCA6E559E551A1CED0155D02663C9543" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockCompensationPlanMember_FCA6E559E551A1CED0155D02663C9543" xlink:to="lab_us-gaap_StockCompensationPlanMember_FCA6E559E551A1CED0155D02663C9543" xlink:type="arc" />
    <link:label id="lab_us-gaap_TitleOfIndividualAxis_3D62A3239D7EF7449AFC5D02663C07BE_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_3D62A3239D7EF7449AFC5D02663C07BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title of Individual [Axis]</link:label>
    <link:label id="lab_us-gaap_TitleOfIndividualAxis_3D62A3239D7EF7449AFC5D02663C07BE_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_3D62A3239D7EF7449AFC5D02663C07BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Title of Individual [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="loc_us-gaap_TitleOfIndividualAxis_3D62A3239D7EF7449AFC5D02663C07BE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualAxis_3D62A3239D7EF7449AFC5D02663C07BE" xlink:to="lab_us-gaap_TitleOfIndividualAxis_3D62A3239D7EF7449AFC5D02663C07BE" xlink:type="arc" />
    <link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_3D7D06C96D2E6CB4B45D5D02663C7D6C_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_3D7D06C96D2E6CB4B45D5D02663C7D6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Relationship to Entity [Domain]</link:label>
    <link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_3D7D06C96D2E6CB4B45D5D02663C7D6C_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_3D7D06C96D2E6CB4B45D5D02663C7D6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Relationship to Entity [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_3D7D06C96D2E6CB4B45D5D02663C7D6C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_3D7D06C96D2E6CB4B45D5D02663C7D6C" xlink:to="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_3D7D06C96D2E6CB4B45D5D02663C7D6C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DirectorMember_6BE8F9AFE6E51ADCEF8F5D02663CC2FF_terseLabel_en-US" xlink:label="lab_us-gaap_DirectorMember_6BE8F9AFE6E51ADCEF8F5D02663CC2FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Director [Member]</link:label>
    <link:label id="lab_us-gaap_DirectorMember_6BE8F9AFE6E51ADCEF8F5D02663CC2FF_label_en-US" xlink:label="lab_us-gaap_DirectorMember_6BE8F9AFE6E51ADCEF8F5D02663CC2FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Director [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DirectorMember" xlink:label="loc_us-gaap_DirectorMember_6BE8F9AFE6E51ADCEF8F5D02663CC2FF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DirectorMember_6BE8F9AFE6E51ADCEF8F5D02663CC2FF" xlink:to="lab_us-gaap_DirectorMember_6BE8F9AFE6E51ADCEF8F5D02663CC2FF" xlink:type="arc" />
    <link:label id="lab_ftai_EmployeesofaSubsidiaryMember_8FEAC8FF839C61841F5B5D02663C4568_terseLabel_en-US" xlink:label="lab_ftai_EmployeesofaSubsidiaryMember_8FEAC8FF839C61841F5B5D02663C4568" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employees of a subsidiary</link:label>
    <link:label id="lab_ftai_EmployeesofaSubsidiaryMember_8FEAC8FF839C61841F5B5D02663C4568_label_en-US" xlink:label="lab_ftai_EmployeesofaSubsidiaryMember_8FEAC8FF839C61841F5B5D02663C4568" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employees of a Subsidiary [Member]</link:label>
    <link:label id="lab_ftai_EmployeesofaSubsidiaryMember_8FEAC8FF839C61841F5B5D02663C4568_documentation_en-US" xlink:label="lab_ftai_EmployeesofaSubsidiaryMember_8FEAC8FF839C61841F5B5D02663C4568" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employees of a Subsidiary [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_EmployeesofaSubsidiaryMember" xlink:label="loc_ftai_EmployeesofaSubsidiaryMember_8FEAC8FF839C61841F5B5D02663C4568" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_EmployeesofaSubsidiaryMember_8FEAC8FF839C61841F5B5D02663C4568" xlink:to="lab_ftai_EmployeesofaSubsidiaryMember_8FEAC8FF839C61841F5B5D02663C4568" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_465E51D22704115E9BEA5D02663CDA9F_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_465E51D22704115E9BEA5D02663CDA9F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares authorized (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_465E51D22704115E9BEA5D02663CDA9F_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_465E51D22704115E9BEA5D02663CDA9F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_465E51D22704115E9BEA5D02663CDA9F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_465E51D22704115E9BEA5D02663CDA9F" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_465E51D22704115E9BEA5D02663CDA9F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_C77952EAE733A8937ECB5D02663CB13D_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_C77952EAE733A8937ECB5D02663CB13D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares Issued in Period (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_C77952EAE733A8937ECB5D02663CB13D_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_C77952EAE733A8937ECB5D02663CB13D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_C77952EAE733A8937ECB5D02663CB13D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_C77952EAE733A8937ECB5D02663CB13D" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_C77952EAE733A8937ECB5D02663CB13D" xlink:type="arc" />
    <link:label id="lab_ftai_NumberofIndependentDirectors_67CC6A2E2668A3683A895D02663C7EE2_terseLabel_en-US" xlink:label="lab_ftai_NumberofIndependentDirectors_67CC6A2E2668A3683A895D02663C7EE2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of Independent Directors</link:label>
    <link:label id="lab_ftai_NumberofIndependentDirectors_67CC6A2E2668A3683A895D02663C7EE2_label_en-US" xlink:label="lab_ftai_NumberofIndependentDirectors_67CC6A2E2668A3683A895D02663C7EE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Independent Directors</link:label>
    <link:label id="lab_ftai_NumberofIndependentDirectors_67CC6A2E2668A3683A895D02663C7EE2_documentation_en-US" xlink:label="lab_ftai_NumberofIndependentDirectors_67CC6A2E2668A3683A895D02663C7EE2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of Independent Directors</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_NumberofIndependentDirectors" xlink:label="loc_ftai_NumberofIndependentDirectors_67CC6A2E2668A3683A895D02663C7EE2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_NumberofIndependentDirectors_67CC6A2E2668A3683A895D02663C7EE2" xlink:to="lab_ftai_NumberofIndependentDirectors_67CC6A2E2668A3683A895D02663C7EE2" xlink:type="arc" />
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsSharesIssuedGrantDateFairValue_4062FB9B8B573B544ED95D02663CDB58_terseLabel_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsSharesIssuedGrantDateFairValue_4062FB9B8B573B544ED95D02663CDB58" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares issues, grant date fair value</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsSharesIssuedGrantDateFairValue_4062FB9B8B573B544ED95D02663CDB58_label_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsSharesIssuedGrantDateFairValue_4062FB9B8B573B544ED95D02663CDB58" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Shares Issued, Grant Date Fair Value</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsSharesIssuedGrantDateFairValue_4062FB9B8B573B544ED95D02663CDB58_documentation_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsSharesIssuedGrantDateFairValue_4062FB9B8B573B544ED95D02663CDB58" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Shares Issued, Grant Date Fair Value</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsSharesIssuedGrantDateFairValue" xlink:label="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsSharesIssuedGrantDateFairValue_4062FB9B8B573B544ED95D02663CDB58" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsSharesIssuedGrantDateFairValue_4062FB9B8B573B544ED95D02663CDB58" xlink:to="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsSharesIssuedGrantDateFairValue_4062FB9B8B573B544ED95D02663CDB58" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_5CE9311435C4766868FA5D02663CF719_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_5CE9311435C4766868FA5D02663CF719" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expiration period</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_5CE9311435C4766868FA5D02663CF719_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_5CE9311435C4766868FA5D02663CF719" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_5CE9311435C4766868FA5D02663CF719" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_5CE9311435C4766868FA5D02663CF719" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_5CE9311435C4766868FA5D02663CF719" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_478557AD6F3A3DCA232D5D02663CC22D_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_478557AD6F3A3DCA232D5D02663CC22D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected volatility</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_478557AD6F3A3DCA232D5D02663CC22D_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_478557AD6F3A3DCA232D5D02663CC22D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_478557AD6F3A3DCA232D5D02663CC22D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_478557AD6F3A3DCA232D5D02663CC22D" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_478557AD6F3A3DCA232D5D02663CC22D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_698C05BCF55CE64C62AD5D02663CAECA_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_698C05BCF55CE64C62AD5D02663CAECA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk free interest rate</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_698C05BCF55CE64C62AD5D02663CAECA_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_698C05BCF55CE64C62AD5D02663CAECA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_698C05BCF55CE64C62AD5D02663CAECA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_698C05BCF55CE64C62AD5D02663CAECA" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_698C05BCF55CE64C62AD5D02663CAECA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_DD5D53296D1B6A8DC0785D02663C67F4_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_DD5D53296D1B6A8DC0785D02663C67F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected dividend yield</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_DD5D53296D1B6A8DC0785D02663C67F4_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_DD5D53296D1B6A8DC0785D02663C67F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_DD5D53296D1B6A8DC0785D02663C67F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_DD5D53296D1B6A8DC0785D02663C67F4" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_DD5D53296D1B6A8DC0785D02663C67F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_79C12370C3AE8B8053885D02663C5E81_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_79C12370C3AE8B8053885D02663C5E81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected term</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_79C12370C3AE8B8053885D02663C5E81_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_79C12370C3AE8B8053885D02663C5E81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_79C12370C3AE8B8053885D02663C5E81" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_79C12370C3AE8B8053885D02663C5E81" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_79C12370C3AE8B8053885D02663C5E81" xlink:type="arc" />
    <link:label id="lab_ftai_NumberofTranches_759B1E31C26E5081D41B5D02663D7B9B_terseLabel_en-US" xlink:label="lab_ftai_NumberofTranches_759B1E31C26E5081D41B5D02663D7B9B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of tranches</link:label>
    <link:label id="lab_ftai_NumberofTranches_759B1E31C26E5081D41B5D02663D7B9B_label_en-US" xlink:label="lab_ftai_NumberofTranches_759B1E31C26E5081D41B5D02663D7B9B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Tranches</link:label>
    <link:label id="lab_ftai_NumberofTranches_759B1E31C26E5081D41B5D02663D7B9B_documentation_en-US" xlink:label="lab_ftai_NumberofTranches_759B1E31C26E5081D41B5D02663D7B9B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of Tranches</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_NumberofTranches" xlink:label="loc_ftai_NumberofTranches_759B1E31C26E5081D41B5D02663D7B9B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_NumberofTranches_759B1E31C26E5081D41B5D02663D7B9B" xlink:to="lab_ftai_NumberofTranches_759B1E31C26E5081D41B5D02663D7B9B" xlink:type="arc" />
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAssumedForfeitureRate_23CA8D4ADB6B2DFD7FF95D02663D0E54_terseLabel_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAssumedForfeitureRate_23CA8D4ADB6B2DFD7FF95D02663D0E54" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forfeiture rate</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAssumedForfeitureRate_23CA8D4ADB6B2DFD7FF95D02663D0E54_label_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAssumedForfeitureRate_23CA8D4ADB6B2DFD7FF95D02663D0E54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Assumed Forfeiture Rate</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAssumedForfeitureRate_23CA8D4ADB6B2DFD7FF95D02663D0E54_documentation_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAssumedForfeitureRate_23CA8D4ADB6B2DFD7FF95D02663D0E54" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Assumed Forfeiture Rate</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAssumedForfeitureRate" xlink:label="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAssumedForfeitureRate_23CA8D4ADB6B2DFD7FF95D02663D0E54" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAssumedForfeitureRate_23CA8D4ADB6B2DFD7FF95D02663D0E54" xlink:to="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAssumedForfeitureRate_23CA8D4ADB6B2DFD7FF95D02663D0E54" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_3F659CAD411CF43ADA185D02663D3687_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_3F659CAD411CF43ADA185D02663D3687" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vesting period</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_3F659CAD411CF43ADA185D02663D3687_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_3F659CAD411CF43ADA185D02663D3687" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_3F659CAD411CF43ADA185D02663D3687" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_3F659CAD411CF43ADA185D02663D3687" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_3F659CAD411CF43ADA185D02663D3687" xlink:type="arc" />
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNumberofPerformanceConditions_E6E0E1CAB6AFEBF46F375D02663D19AA_terseLabel_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNumberofPerformanceConditions_E6E0E1CAB6AFEBF46F375D02663D19AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of performance conditions</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNumberofPerformanceConditions_E6E0E1CAB6AFEBF46F375D02663D19AA_label_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNumberofPerformanceConditions_E6E0E1CAB6AFEBF46F375D02663D19AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Number of Performance Conditions</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNumberofPerformanceConditions_E6E0E1CAB6AFEBF46F375D02663D19AA_documentation_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNumberofPerformanceConditions_E6E0E1CAB6AFEBF46F375D02663D19AA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Number of Performance Conditions</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNumberofPerformanceConditions" xlink:label="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNumberofPerformanceConditions_E6E0E1CAB6AFEBF46F375D02663D19AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNumberofPerformanceConditions_E6E0E1CAB6AFEBF46F375D02663D19AA" xlink:to="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNumberofPerformanceConditions_E6E0E1CAB6AFEBF46F375D02663D19AA" xlink:type="arc" />
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodGrantDateFairValue_0C0D51635D4EE9846EF85D02663DF579_terseLabel_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodGrantDateFairValue_0C0D51635D4EE9846EF85D02663DF579" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Grant date fair value</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodGrantDateFairValue_0C0D51635D4EE9846EF85D02663DF579_label_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodGrantDateFairValue_0C0D51635D4EE9846EF85D02663DF579" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Granted in Period, Grant Date Fair Value</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodGrantDateFairValue_0C0D51635D4EE9846EF85D02663DF579_documentation_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodGrantDateFairValue_0C0D51635D4EE9846EF85D02663DF579" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Granted in Period, Grant Date Fair Value</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodGrantDateFairValue" xlink:label="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodGrantDateFairValue_0C0D51635D4EE9846EF85D02663DF579" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodGrantDateFairValue_0C0D51635D4EE9846EF85D02663DF579" xlink:to="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodGrantDateFairValue_0C0D51635D4EE9846EF85D02663DF579" xlink:type="arc" />
    <link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_1B8C266CF628FD7A547F5D02663D114C_terseLabel_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_1B8C266CF628FD7A547F5D02663D114C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Allocated Share-based Compensation Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpense_1B8C266CF628FD7A547F5D02663D114C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllocatedShareBasedCompensationExpense_1B8C266CF628FD7A547F5D02663D114C" xlink:to="lab_us-gaap_AllocatedShareBasedCompensationExpense_1B8C266CF628FD7A547F5D02663D114C" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_393AECEDE8997743D9CC5D02663D9BDF_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_393AECEDE8997743D9CC5D02663D9BDF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Awards vesting rights</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_393AECEDE8997743D9CC5D02663D9BDF_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_393AECEDE8997743D9CC5D02663D9BDF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_393AECEDE8997743D9CC5D02663D9BDF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_393AECEDE8997743D9CC5D02663D9BDF" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_393AECEDE8997743D9CC5D02663D9BDF" xlink:type="arc" />
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsPercentageForfeited_469D54E20354408C641B5D02663DB8B6_terseLabel_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsPercentageForfeited_469D54E20354408C641B5D02663DB8B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forfeited percentage</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsPercentageForfeited_469D54E20354408C641B5D02663DB8B6_label_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsPercentageForfeited_469D54E20354408C641B5D02663DB8B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other Than Options, Percentage Forfeited</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsPercentageForfeited_469D54E20354408C641B5D02663DB8B6_documentation_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsPercentageForfeited_469D54E20354408C641B5D02663DB8B6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other Than Options, Percentage Forfeited</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsPercentageForfeited" xlink:label="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsPercentageForfeited_469D54E20354408C641B5D02663DB8B6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsPercentageForfeited_469D54E20354408C641B5D02663DB8B6" xlink:to="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsPercentageForfeited_469D54E20354408C641B5D02663DB8B6" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards_924FA82E9202335CDC4D5D02663DE2FD_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards_924FA82E9202335CDC4D5D02663DE2FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash in lieu of delivering vested shares</link:label>
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards_924FA82E9202335CDC4D5D02663DE2FD_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards_924FA82E9202335CDC4D5D02663DE2FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Cash Flow Effect, Cash Used to Settle Awards</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards_924FA82E9202335CDC4D5D02663DE2FD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards_924FA82E9202335CDC4D5D02663DE2FD" xlink:to="lab_us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards_924FA82E9202335CDC4D5D02663DE2FD" xlink:type="arc" />
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAwardTerm_BCED3AC8D50D07B3B72B5D02663DF586_terseLabel_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAwardTerm_BCED3AC8D50D07B3B72B5D02663DF586" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award term</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAwardTerm_BCED3AC8D50D07B3B72B5D02663DF586_label_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAwardTerm_BCED3AC8D50D07B3B72B5D02663DF586" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Award Term</link:label>
    <link:label id="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAwardTerm_BCED3AC8D50D07B3B72B5D02663DF586_documentation_en-US" xlink:label="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAwardTerm_BCED3AC8D50D07B3B72B5D02663DF586" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Award Term</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAwardTerm" xlink:label="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAwardTerm_BCED3AC8D50D07B3B72B5D02663DF586" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAwardTerm_BCED3AC8D50D07B3B72B5D02663DF586" xlink:to="lab_ftai_SharebasedCompensationArrangementbySharebasedPaymentAwardAwardTerm_BCED3AC8D50D07B3B72B5D02663DF586" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_EE93524AA7229F1757DA5D02663D4CEF_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_EE93524AA7229F1757DA5D02663D4CEF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of nonvested awards (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_EE93524AA7229F1757DA5D02663D4CEF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_EE93524AA7229F1757DA5D02663D4CEF" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_EE93524AA7229F1757DA5D02663D4CEF" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_58319A49C843E355F5115E3A0B90BDC5_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_58319A49C843E355F5115E3A0B90BDC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investments and Joint Ventures [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract" xlink:label="loc_us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_58319A49C843E355F5115E3A0B90BDC5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_58319A49C843E355F5115E3A0B90BDC5" xlink:to="lab_us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_58319A49C843E355F5115E3A0B90BDC5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentsTable_43181C70E43BDE7858E75E3A0B908C00_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentsTable_43181C70E43BDE7858E75E3A0B908C00" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Equity Method Investments [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentsTable_43181C70E43BDE7858E75E3A0B908C00_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentsTable_43181C70E43BDE7858E75E3A0B908C00" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Equity Method Investments [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentsTable" xlink:label="loc_us-gaap_ScheduleOfEquityMethodInvestmentsTable_43181C70E43BDE7858E75E3A0B908C00" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEquityMethodInvestmentsTable_43181C70E43BDE7858E75E3A0B908C00" xlink:to="lab_us-gaap_ScheduleOfEquityMethodInvestmentsTable_43181C70E43BDE7858E75E3A0B908C00" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_2C7B53BF930750F427245E3A0B9006AF_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_2C7B53BF930750F427245E3A0B9006AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment, Name [Axis]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_2C7B53BF930750F427245E3A0B9006AF_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_2C7B53BF930750F427245E3A0B9006AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Name [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:label="loc_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_2C7B53BF930750F427245E3A0B9006AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_2C7B53BF930750F427245E3A0B9006AF" xlink:to="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_2C7B53BF930750F427245E3A0B9006AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvesteeNameDomain_156AE301457CA37B66B15E3A0B90D900_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvesteeNameDomain_156AE301457CA37B66B15E3A0B90D900" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvesteeNameDomain_156AE301457CA37B66B15E3A0B90D900_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvesteeNameDomain_156AE301457CA37B66B15E3A0B90D900" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityMethodInvesteeNameDomain" xlink:label="loc_us-gaap_EquityMethodInvesteeNameDomain_156AE301457CA37B66B15E3A0B90D900" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvesteeNameDomain_156AE301457CA37B66B15E3A0B90D900" xlink:to="lab_us-gaap_EquityMethodInvesteeNameDomain_156AE301457CA37B66B15E3A0B90D900" xlink:type="arc" />
    <link:label id="lab_ftai_ListedSecuritiesMember_65235C05754F417E1C465E3A0B9019AA_terseLabel_en-US" xlink:label="lab_ftai_ListedSecuritiesMember_65235C05754F417E1C465E3A0B9019AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Listed securities</link:label>
    <link:label id="lab_ftai_ListedSecuritiesMember_65235C05754F417E1C465E3A0B9019AA_label_en-US" xlink:label="lab_ftai_ListedSecuritiesMember_65235C05754F417E1C465E3A0B9019AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Listed Securities [Member]</link:label>
    <link:label id="lab_ftai_ListedSecuritiesMember_65235C05754F417E1C465E3A0B9019AA_documentation_en-US" xlink:label="lab_ftai_ListedSecuritiesMember_65235C05754F417E1C465E3A0B9019AA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Listed Securities [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ListedSecuritiesMember" xlink:label="loc_ftai_ListedSecuritiesMember_65235C05754F417E1C465E3A0B9019AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ListedSecuritiesMember_65235C05754F417E1C465E3A0B9019AA" xlink:to="lab_ftai_ListedSecuritiesMember_65235C05754F417E1C465E3A0B9019AA" xlink:type="arc" />
    <link:label id="lab_ftai_AviationTechnologyMember_15F129FBC5B866AA28F15E3A0B908CFA_terseLabel_en-US" xlink:label="lab_ftai_AviationTechnologyMember_15F129FBC5B866AA28F15E3A0B908CFA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advanced Engine Repair JV</link:label>
    <link:label id="lab_ftai_AviationTechnologyMember_15F129FBC5B866AA28F15E3A0B908CFA_label_en-US" xlink:label="lab_ftai_AviationTechnologyMember_15F129FBC5B866AA28F15E3A0B908CFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Aviation Technology [Member]</link:label>
    <link:label id="lab_ftai_AviationTechnologyMember_15F129FBC5B866AA28F15E3A0B908CFA_documentation_en-US" xlink:label="lab_ftai_AviationTechnologyMember_15F129FBC5B866AA28F15E3A0B908CFA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advanced Engine Repair JV[Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_AviationTechnologyMember" xlink:label="loc_ftai_AviationTechnologyMember_15F129FBC5B866AA28F15E3A0B908CFA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_AviationTechnologyMember_15F129FBC5B866AA28F15E3A0B908CFA" xlink:to="lab_ftai_AviationTechnologyMember_15F129FBC5B866AA28F15E3A0B908CFA" xlink:type="arc" />
    <link:label id="lab_ftai_JGPEnergyPartnersMember_80AFADD02954EBCDF2DD5E3A0B90AC6C_terseLabel_en-US" xlink:label="lab_ftai_JGPEnergyPartnersMember_80AFADD02954EBCDF2DD5E3A0B90AC6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">JGP Energy Partners LLC</link:label>
    <link:label id="lab_ftai_JGPEnergyPartnersMember_80AFADD02954EBCDF2DD5E3A0B90AC6C_label_en-US" xlink:label="lab_ftai_JGPEnergyPartnersMember_80AFADD02954EBCDF2DD5E3A0B90AC6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">JGP Energy Partners [Member]</link:label>
    <link:label id="lab_ftai_JGPEnergyPartnersMember_80AFADD02954EBCDF2DD5E3A0B90AC6C_documentation_en-US" xlink:label="lab_ftai_JGPEnergyPartnersMember_80AFADD02954EBCDF2DD5E3A0B90AC6C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">JGP Energy Partners [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_JGPEnergyPartnersMember" xlink:label="loc_ftai_JGPEnergyPartnersMember_80AFADD02954EBCDF2DD5E3A0B90AC6C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_JGPEnergyPartnersMember_80AFADD02954EBCDF2DD5E3A0B90AC6C" xlink:to="lab_ftai_JGPEnergyPartnersMember_80AFADD02954EBCDF2DD5E3A0B90AC6C" xlink:type="arc" />
    <link:label id="lab_ftai_IntermodalFinanceILtdMember_A08BABCD1E8A03B528275E3A0B909031_terseLabel_en-US" xlink:label="lab_ftai_IntermodalFinanceILtdMember_A08BABCD1E8A03B528275E3A0B909031" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intermodal Finance I, Ltd.</link:label>
    <link:label id="lab_ftai_IntermodalFinanceILtdMember_A08BABCD1E8A03B528275E3A0B909031_label_en-US" xlink:label="lab_ftai_IntermodalFinanceILtdMember_A08BABCD1E8A03B528275E3A0B909031" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intermodal Finance I, Ltd [Member]</link:label>
    <link:label id="lab_ftai_IntermodalFinanceILtdMember_A08BABCD1E8A03B528275E3A0B909031_documentation_en-US" xlink:label="lab_ftai_IntermodalFinanceILtdMember_A08BABCD1E8A03B528275E3A0B909031" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Intermodal Finance I, Ltd [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_IntermodalFinanceILtdMember" xlink:label="loc_ftai_IntermodalFinanceILtdMember_A08BABCD1E8A03B528275E3A0B909031" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_IntermodalFinanceILtdMember_A08BABCD1E8A03B528275E3A0B909031" xlink:to="lab_ftai_IntermodalFinanceILtdMember_A08BABCD1E8A03B528275E3A0B909031" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_1A5BCD561EE1978066E05E3A0B90DCEC_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_1A5BCD561EE1978066E05E3A0B90DCEC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Equity Method Investments [Line Items]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_1A5BCD561EE1978066E05E3A0B90DCEC_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_1A5BCD561EE1978066E05E3A0B90DCEC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Equity Method Investments [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentsLineItems" xlink:label="loc_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_1A5BCD561EE1978066E05E3A0B90DCEC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_1A5BCD561EE1978066E05E3A0B90DCEC" xlink:to="lab_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_1A5BCD561EE1978066E05E3A0B90DCEC" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestments_7EB5B22F60A33A530BFC5E3A0B90231D_verboseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestments_7EB5B22F60A33A530BFC5E3A0B90231D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Carrying value of investment</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestments_7EB5B22F60A33A530BFC5E3A0B90231D_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestments_7EB5B22F60A33A530BFC5E3A0B90231D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaap_EquityMethodInvestments_7EB5B22F60A33A530BFC5E3A0B90231D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestments_7EB5B22F60A33A530BFC5E3A0B90231D" xlink:to="lab_us-gaap_EquityMethodInvestments_7EB5B22F60A33A530BFC5E3A0B90231D" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_77D353C355660688511E5E3A0B904671_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_77D353C355660688511E5E3A0B904671" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership Percentage</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_77D353C355660688511E5E3A0B904671_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_77D353C355660688511E5E3A0B904671" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Ownership Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_77D353C355660688511E5E3A0B904671" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_77D353C355660688511E5E3A0B904671" xlink:to="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_77D353C355660688511E5E3A0B904671" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationDisclosureTextBlock_A0E240EF21080EEEF2635E5311EED90B_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationDisclosureTextBlock_A0E240EF21080EEEF2635E5311EED90B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ACQUISITIONS</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationDisclosureTextBlock_A0E240EF21080EEEF2635E5311EED90B_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationDisclosureTextBlock_A0E240EF21080EEEF2635E5311EED90B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationDisclosureTextBlock" xlink:label="loc_us-gaap_BusinessCombinationDisclosureTextBlock_A0E240EF21080EEEF2635E5311EED90B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationDisclosureTextBlock_A0E240EF21080EEEF2635E5311EED90B" xlink:to="lab_us-gaap_BusinessCombinationDisclosureTextBlock_A0E240EF21080EEEF2635E5311EED90B" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventsAbstract_DABCB1A9ACF8EA3B84315E57C587CCF2_label_en-US" xlink:label="lab_us-gaap_SubsequentEventsAbstract_DABCB1A9ACF8EA3B84315E57C587CCF2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Events [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="loc_us-gaap_SubsequentEventsAbstract_DABCB1A9ACF8EA3B84315E57C587CCF2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventsAbstract_DABCB1A9ACF8EA3B84315E57C587CCF2" xlink:to="lab_us-gaap_SubsequentEventsAbstract_DABCB1A9ACF8EA3B84315E57C587CCF2" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventsTextBlock_6622C1A565A660A8CB6A5E57C58761D2_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventsTextBlock_6622C1A565A660A8CB6A5E57C58761D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SUBSEQUENT EVENTS</link:label>
    <link:label id="lab_us-gaap_SubsequentEventsTextBlock_6622C1A565A660A8CB6A5E57C58761D2_label_en-US" xlink:label="lab_us-gaap_SubsequentEventsTextBlock_6622C1A565A660A8CB6A5E57C58761D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Events [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsequentEventsTextBlock" xlink:label="loc_us-gaap_SubsequentEventsTextBlock_6622C1A565A660A8CB6A5E57C58761D2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventsTextBlock_6622C1A565A660A8CB6A5E57C58761D2" xlink:to="lab_us-gaap_SubsequentEventsTextBlock_6622C1A565A660A8CB6A5E57C58761D2" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentTable_46588B86B67D060EAEFC6D7168D48724_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentTable_46588B86B67D060EAEFC6D7168D48724" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Long-term Debt Instruments [Table]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentTable_46588B86B67D060EAEFC6D7168D48724_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentTable_46588B86B67D060EAEFC6D7168D48724" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Long-term Debt Instruments [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="loc_us-gaap_DebtInstrumentTable_46588B86B67D060EAEFC6D7168D48724" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentTable_46588B86B67D060EAEFC6D7168D48724" xlink:to="lab_us-gaap_DebtInstrumentTable_46588B86B67D060EAEFC6D7168D48724" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_1E9F855FCEC5C0DC41176D7168D47F1C_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_1E9F855FCEC5C0DC41176D7168D47F1C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party [Axis]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_1E9F855FCEC5C0DC41176D7168D47F1C_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_1E9F855FCEC5C0DC41176D7168D47F1C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_1E9F855FCEC5C0DC41176D7168D47F1C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_1E9F855FCEC5C0DC41176D7168D47F1C" xlink:to="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_1E9F855FCEC5C0DC41176D7168D47F1C" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyDomain_8CC9D9CF1332368ACC066D7168D4E79F_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyDomain_8CC9D9CF1332368ACC066D7168D4E79F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party [Domain]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyDomain_8CC9D9CF1332368ACC066D7168D4E79F_label_en-US" xlink:label="lab_us-gaap_RelatedPartyDomain_8CC9D9CF1332368ACC066D7168D4E79F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RelatedPartyDomain" xlink:label="loc_us-gaap_RelatedPartyDomain_8CC9D9CF1332368ACC066D7168D4E79F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyDomain_8CC9D9CF1332368ACC066D7168D4E79F" xlink:to="lab_us-gaap_RelatedPartyDomain_8CC9D9CF1332368ACC066D7168D4E79F" xlink:type="arc" />
    <link:label id="lab_us-gaap_PrincipalOwnerMember_D47CF6909B950B7AFFE06D7168D5126A_terseLabel_en-US" xlink:label="lab_us-gaap_PrincipalOwnerMember_D47CF6909B950B7AFFE06D7168D5126A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principal Owner [Member]</link:label>
    <link:label id="lab_us-gaap_PrincipalOwnerMember_D47CF6909B950B7AFFE06D7168D5126A_label_en-US" xlink:label="lab_us-gaap_PrincipalOwnerMember_D47CF6909B950B7AFFE06D7168D5126A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Principal Owner [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PrincipalOwnerMember" xlink:label="loc_us-gaap_PrincipalOwnerMember_D47CF6909B950B7AFFE06D7168D5126A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrincipalOwnerMember_D47CF6909B950B7AFFE06D7168D5126A" xlink:to="lab_us-gaap_PrincipalOwnerMember_D47CF6909B950B7AFFE06D7168D5126A" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableRateAxis_4BC027EDA5923CA4D1056D7168D52706_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateAxis_4BC027EDA5923CA4D1056D7168D52706" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate [Axis]</link:label>
    <link:label id="lab_us-gaap_VariableRateAxis_4BC027EDA5923CA4D1056D7168D52706_label_en-US" xlink:label="lab_us-gaap_VariableRateAxis_4BC027EDA5923CA4D1056D7168D52706" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableRateAxis" xlink:label="loc_us-gaap_VariableRateAxis_4BC027EDA5923CA4D1056D7168D52706" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableRateAxis_4BC027EDA5923CA4D1056D7168D52706" xlink:to="lab_us-gaap_VariableRateAxis_4BC027EDA5923CA4D1056D7168D52706" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableRateDomain_DF7FA3437B8D845135DB6D7168D571DC_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateDomain_DF7FA3437B8D845135DB6D7168D571DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate [Domain]</link:label>
    <link:label id="lab_us-gaap_VariableRateDomain_DF7FA3437B8D845135DB6D7168D571DC_label_en-US" xlink:label="lab_us-gaap_VariableRateDomain_DF7FA3437B8D845135DB6D7168D571DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableRateDomain" xlink:label="loc_us-gaap_VariableRateDomain_DF7FA3437B8D845135DB6D7168D571DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableRateDomain_DF7FA3437B8D845135DB6D7168D571DC" xlink:to="lab_us-gaap_VariableRateDomain_DF7FA3437B8D845135DB6D7168D571DC" xlink:type="arc" />
    <link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_77D838573FB5650D769B6D7168D5C7CC_terseLabel_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_77D838573FB5650D769B6D7168D5C7CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">London Interbank Offered Rate (LIBOR)</link:label>
    <link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_77D838573FB5650D769B6D7168D5C7CC_label_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_77D838573FB5650D769B6D7168D5C7CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">London Interbank Offered Rate (LIBOR) [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LondonInterbankOfferedRateLIBORMember" xlink:label="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_77D838573FB5650D769B6D7168D5C7CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_77D838573FB5650D769B6D7168D5C7CC" xlink:to="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_77D838573FB5650D769B6D7168D5C7CC" xlink:type="arc" />
    <link:label id="lab_us-gaap_BaseRateMember_92A0AA207BCC06A66FE36D7168D6358A_terseLabel_en-US" xlink:label="lab_us-gaap_BaseRateMember_92A0AA207BCC06A66FE36D7168D6358A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Base Rate</link:label>
    <link:label id="lab_us-gaap_BaseRateMember_92A0AA207BCC06A66FE36D7168D6358A_label_en-US" xlink:label="lab_us-gaap_BaseRateMember_92A0AA207BCC06A66FE36D7168D6358A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Base Rate [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BaseRateMember" xlink:label="loc_us-gaap_BaseRateMember_92A0AA207BCC06A66FE36D7168D6358A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BaseRateMember_92A0AA207BCC06A66FE36D7168D6358A" xlink:to="lab_us-gaap_BaseRateMember_92A0AA207BCC06A66FE36D7168D6358A" xlink:type="arc" />
    <link:label id="lab_ftai_CanadianFixedRateMember_9C5C0B2CF71AE3EE6C8E6D7168D6943C_terseLabel_en-US" xlink:label="lab_ftai_CanadianFixedRateMember_9C5C0B2CF71AE3EE6C8E6D7168D6943C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Canadian Fixed Rate</link:label>
    <link:label id="lab_ftai_CanadianFixedRateMember_9C5C0B2CF71AE3EE6C8E6D7168D6943C_label_en-US" xlink:label="lab_ftai_CanadianFixedRateMember_9C5C0B2CF71AE3EE6C8E6D7168D6943C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Canadian Fixed Rate [Member]</link:label>
    <link:label id="lab_ftai_CanadianFixedRateMember_9C5C0B2CF71AE3EE6C8E6D7168D6943C_documentation_en-US" xlink:label="lab_ftai_CanadianFixedRateMember_9C5C0B2CF71AE3EE6C8E6D7168D6943C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Canadian Fixed Rate [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CanadianFixedRateMember" xlink:label="loc_ftai_CanadianFixedRateMember_9C5C0B2CF71AE3EE6C8E6D7168D6943C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CanadianFixedRateMember_9C5C0B2CF71AE3EE6C8E6D7168D6943C" xlink:to="lab_ftai_CanadianFixedRateMember_9C5C0B2CF71AE3EE6C8E6D7168D6943C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeInstrumentRiskAxis_5FEBE5C573D44302BE3B6D7168D6A60D_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis_5FEBE5C573D44302BE3B6D7168D6A60D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Instrument [Axis]</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentRiskAxis_5FEBE5C573D44302BE3B6D7168D6A60D_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis_5FEBE5C573D44302BE3B6D7168D6A60D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instrument [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="loc_us-gaap_DerivativeInstrumentRiskAxis_5FEBE5C573D44302BE3B6D7168D6A60D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentRiskAxis_5FEBE5C573D44302BE3B6D7168D6A60D" xlink:to="lab_us-gaap_DerivativeInstrumentRiskAxis_5FEBE5C573D44302BE3B6D7168D6A60D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeContractTypeDomain_B92678C7B13568764FA76D7168D6F7EC_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain_B92678C7B13568764FA76D7168D6F7EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Contract [Domain]</link:label>
    <link:label id="lab_us-gaap_DerivativeContractTypeDomain_B92678C7B13568764FA76D7168D6F7EC_label_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain_B92678C7B13568764FA76D7168D6F7EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Contract [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="loc_us-gaap_DerivativeContractTypeDomain_B92678C7B13568764FA76D7168D6F7EC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeContractTypeDomain_B92678C7B13568764FA76D7168D6F7EC" xlink:to="lab_us-gaap_DerivativeContractTypeDomain_B92678C7B13568764FA76D7168D6F7EC" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestRateCapMember_1BE6F05065FC9F3076226D7168D691A4_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateCapMember_1BE6F05065FC9F3076226D7168D691A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Rate Cap</link:label>
    <link:label id="lab_us-gaap_InterestRateCapMember_1BE6F05065FC9F3076226D7168D691A4_label_en-US" xlink:label="lab_us-gaap_InterestRateCapMember_1BE6F05065FC9F3076226D7168D691A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Cap [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InterestRateCapMember" xlink:label="loc_us-gaap_InterestRateCapMember_1BE6F05065FC9F3076226D7168D691A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestRateCapMember_1BE6F05065FC9F3076226D7168D691A4" xlink:to="lab_us-gaap_InterestRateCapMember_1BE6F05065FC9F3076226D7168D691A4" xlink:type="arc" />
    <link:label id="lab_dei_LegalEntityAxis_60D6F28E938EB4C2A5816D7168D6D095_terseLabel_en-US" xlink:label="lab_dei_LegalEntityAxis_60D6F28E938EB4C2A5816D7168D6D095" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:label id="lab_dei_LegalEntityAxis_60D6F28E938EB4C2A5816D7168D6D095_label_en-US" xlink:label="lab_dei_LegalEntityAxis_60D6F28E938EB4C2A5816D7168D6D095" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_dei_LegalEntityAxis_60D6F28E938EB4C2A5816D7168D6D095" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LegalEntityAxis_60D6F28E938EB4C2A5816D7168D6D095" xlink:to="lab_dei_LegalEntityAxis_60D6F28E938EB4C2A5816D7168D6D095" xlink:type="arc" />
    <link:label id="lab_dei_EntityDomain_F7F3D3E20EFB3B1222C66D7168D60EA9_terseLabel_en-US" xlink:label="lab_dei_EntityDomain_F7F3D3E20EFB3B1222C66D7168D60EA9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:label id="lab_dei_EntityDomain_F7F3D3E20EFB3B1222C66D7168D60EA9_label_en-US" xlink:label="lab_dei_EntityDomain_F7F3D3E20EFB3B1222C66D7168D60EA9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain_F7F3D3E20EFB3B1222C66D7168D60EA9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityDomain_F7F3D3E20EFB3B1222C66D7168D60EA9" xlink:to="lab_dei_EntityDomain_F7F3D3E20EFB3B1222C66D7168D60EA9" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsidiariesMember_4A500404E46152AAB7CE6D7168D6324C_terseLabel_en-US" xlink:label="lab_us-gaap_SubsidiariesMember_4A500404E46152AAB7CE6D7168D6324C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsidiary</link:label>
    <link:label id="lab_us-gaap_SubsidiariesMember_4A500404E46152AAB7CE6D7168D6324C_label_en-US" xlink:label="lab_us-gaap_SubsidiariesMember_4A500404E46152AAB7CE6D7168D6324C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiaries [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsidiariesMember" xlink:label="loc_us-gaap_SubsidiariesMember_4A500404E46152AAB7CE6D7168D6324C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsidiariesMember_4A500404E46152AAB7CE6D7168D6324C" xlink:to="lab_us-gaap_SubsidiariesMember_4A500404E46152AAB7CE6D7168D6324C" xlink:type="arc" />
    <link:label id="lab_us-gaap_LoansPayableMember_81E4E8ABF9F7DC1470406D7168D707FE_terseLabel_en-US" xlink:label="lab_us-gaap_LoansPayableMember_81E4E8ABF9F7DC1470406D7168D707FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans Payable</link:label>
    <link:label id="lab_us-gaap_LoansPayableMember_81E4E8ABF9F7DC1470406D7168D707FE_label_en-US" xlink:label="lab_us-gaap_LoansPayableMember_81E4E8ABF9F7DC1470406D7168D707FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Payable [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LoansPayableMember" xlink:label="loc_us-gaap_LoansPayableMember_81E4E8ABF9F7DC1470406D7168D707FE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansPayableMember_81E4E8ABF9F7DC1470406D7168D707FE" xlink:to="lab_us-gaap_LoansPayableMember_81E4E8ABF9F7DC1470406D7168D707FE" xlink:type="arc" />
    <link:label id="lab_us-gaap_NotesPayableOtherPayablesMember_65FD038C37813B9EC82C6D7168D7B424_terseLabel_en-US" xlink:label="lab_us-gaap_NotesPayableOtherPayablesMember_65FD038C37813B9EC82C6D7168D7B424" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Note payable to non-controlling interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NotesPayableOtherPayablesMember" xlink:label="loc_us-gaap_NotesPayableOtherPayablesMember_65FD038C37813B9EC82C6D7168D7B424" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NotesPayableOtherPayablesMember_65FD038C37813B9EC82C6D7168D7B424" xlink:to="lab_us-gaap_NotesPayableOtherPayablesMember_65FD038C37813B9EC82C6D7168D7B424" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentAxis_DBC8A0D0B3B224D6B5956D7168D7FFD7_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_DBC8A0D0B3B224D6B5956D7168D7FFD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument [Axis]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentAxis_DBC8A0D0B3B224D6B5956D7168D7FFD7_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_DBC8A0D0B3B224D6B5956D7168D7FFD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="loc_us-gaap_DebtInstrumentAxis_DBC8A0D0B3B224D6B5956D7168D7FFD7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentAxis_DBC8A0D0B3B224D6B5956D7168D7FFD7" xlink:to="lab_us-gaap_DebtInstrumentAxis_DBC8A0D0B3B224D6B5956D7168D7FFD7" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentNameDomain_B54385BBB452776830586D7168D7AD1B_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_B54385BBB452776830586D7168D7AD1B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentNameDomain_B54385BBB452776830586D7168D7AD1B_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_B54385BBB452776830586D7168D7AD1B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_B54385BBB452776830586D7168D7AD1B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_B54385BBB452776830586D7168D7AD1B" xlink:to="lab_us-gaap_DebtInstrumentNameDomain_B54385BBB452776830586D7168D7AD1B" xlink:type="arc" />
    <link:label id="lab_ftai_ContainerLoan1Member_954633DBED3F02D19D626D7168DD2B51_terseLabel_en-US" xlink:label="lab_ftai_ContainerLoan1Member_954633DBED3F02D19D626D7168DD2B51" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Container Loan 1</link:label>
    <link:label id="lab_ftai_ContainerLoan1Member_954633DBED3F02D19D626D7168DD2B51_label_en-US" xlink:label="lab_ftai_ContainerLoan1Member_954633DBED3F02D19D626D7168DD2B51" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Container Loan 1 [Member]</link:label>
    <link:label id="lab_ftai_ContainerLoan1Member_954633DBED3F02D19D626D7168DD2B51_documentation_en-US" xlink:label="lab_ftai_ContainerLoan1Member_954633DBED3F02D19D626D7168DD2B51" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Container Loan 1 [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ContainerLoan1Member" xlink:label="loc_ftai_ContainerLoan1Member_954633DBED3F02D19D626D7168DD2B51" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ContainerLoan1Member_954633DBED3F02D19D626D7168DD2B51" xlink:to="lab_ftai_ContainerLoan1Member_954633DBED3F02D19D626D7168DD2B51" xlink:type="arc" />
    <link:label id="lab_ftai_ContainerLoan2Member_004C85977D134AFC6C306D7168DE4767_terseLabel_en-US" xlink:label="lab_ftai_ContainerLoan2Member_004C85977D134AFC6C306D7168DE4767" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Container Loan 2</link:label>
    <link:label id="lab_ftai_ContainerLoan2Member_004C85977D134AFC6C306D7168DE4767_label_en-US" xlink:label="lab_ftai_ContainerLoan2Member_004C85977D134AFC6C306D7168DE4767" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Container Loan 2 [Member]</link:label>
    <link:label id="lab_ftai_ContainerLoan2Member_004C85977D134AFC6C306D7168DE4767_documentation_en-US" xlink:label="lab_ftai_ContainerLoan2Member_004C85977D134AFC6C306D7168DE4767" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Container Loan 2 [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ContainerLoan2Member" xlink:label="loc_ftai_ContainerLoan2Member_004C85977D134AFC6C306D7168DE4767" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ContainerLoan2Member_004C85977D134AFC6C306D7168DE4767" xlink:to="lab_ftai_ContainerLoan2Member_004C85977D134AFC6C306D7168DE4767" xlink:type="arc" />
    <link:label id="lab_ftai_FTAIPrideCreditAgreementMember_CD52CE8512275478C73B6D7168DEE756_terseLabel_en-US" xlink:label="lab_ftai_FTAIPrideCreditAgreementMember_CD52CE8512275478C73B6D7168DEE756" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FTAI Pride Credit Agreement</link:label>
    <link:label id="lab_ftai_FTAIPrideCreditAgreementMember_CD52CE8512275478C73B6D7168DEE756_label_en-US" xlink:label="lab_ftai_FTAIPrideCreditAgreementMember_CD52CE8512275478C73B6D7168DEE756" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">FTAI Pride Credit Agreement [Member]</link:label>
    <link:label id="lab_ftai_FTAIPrideCreditAgreementMember_CD52CE8512275478C73B6D7168DEE756_documentation_en-US" xlink:label="lab_ftai_FTAIPrideCreditAgreementMember_CD52CE8512275478C73B6D7168DEE756" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">FTAI Pride Credit Agreement [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_FTAIPrideCreditAgreementMember" xlink:label="loc_ftai_FTAIPrideCreditAgreementMember_CD52CE8512275478C73B6D7168DEE756" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_FTAIPrideCreditAgreementMember_CD52CE8512275478C73B6D7168DEE756" xlink:to="lab_ftai_FTAIPrideCreditAgreementMember_CD52CE8512275478C73B6D7168DEE756" xlink:type="arc" />
    <link:label id="lab_ftai_CMQRCreditAgreementMember_EB99BC540A2978D751246D7168DE558B_terseLabel_en-US" xlink:label="lab_ftai_CMQRCreditAgreementMember_EB99BC540A2978D751246D7168DE558B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CMQR Credit Agreement</link:label>
    <link:label id="lab_ftai_CMQRCreditAgreementMember_EB99BC540A2978D751246D7168DE558B_label_en-US" xlink:label="lab_ftai_CMQRCreditAgreementMember_EB99BC540A2978D751246D7168DE558B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CMQR Credit Agreement [Member]</link:label>
    <link:label id="lab_ftai_CMQRCreditAgreementMember_EB99BC540A2978D751246D7168DE558B_documentation_en-US" xlink:label="lab_ftai_CMQRCreditAgreementMember_EB99BC540A2978D751246D7168DE558B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">CMQR Credit Agreement [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CMQRCreditAgreementMember" xlink:label="loc_ftai_CMQRCreditAgreementMember_EB99BC540A2978D751246D7168DE558B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CMQRCreditAgreementMember_EB99BC540A2978D751246D7168DE558B" xlink:to="lab_ftai_CMQRCreditAgreementMember_EB99BC540A2978D751246D7168DE558B" xlink:type="arc" />
    <link:label id="lab_ftai_JeffersonTerminalCreditAgreementMember_EC6D0E55775B1CCF7EE66D7168DE798E_terseLabel_en-US" xlink:label="lab_ftai_JeffersonTerminalCreditAgreementMember_EC6D0E55775B1CCF7EE66D7168DE798E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Jefferson Terminal Credit Agreement</link:label>
    <link:label id="lab_ftai_JeffersonTerminalCreditAgreementMember_EC6D0E55775B1CCF7EE66D7168DE798E_label_en-US" xlink:label="lab_ftai_JeffersonTerminalCreditAgreementMember_EC6D0E55775B1CCF7EE66D7168DE798E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Jefferson Terminal Credit Agreement [Member]</link:label>
    <link:label id="lab_ftai_JeffersonTerminalCreditAgreementMember_EC6D0E55775B1CCF7EE66D7168DE798E_documentation_en-US" xlink:label="lab_ftai_JeffersonTerminalCreditAgreementMember_EC6D0E55775B1CCF7EE66D7168DE798E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Jefferson Terminal Credit Agreement [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_JeffersonTerminalCreditAgreementMember" xlink:label="loc_ftai_JeffersonTerminalCreditAgreementMember_EC6D0E55775B1CCF7EE66D7168DE798E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_JeffersonTerminalCreditAgreementMember_EC6D0E55775B1CCF7EE66D7168DE798E" xlink:to="lab_ftai_JeffersonTerminalCreditAgreementMember_EC6D0E55775B1CCF7EE66D7168DE798E" xlink:type="arc" />
    <link:label id="lab_ftai_Series2012BondsMember_8DBF794F9FCE493C8D476D7168DE2C09_terseLabel_en-US" xlink:label="lab_ftai_Series2012BondsMember_8DBF794F9FCE493C8D476D7168DE2C09" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 2012 Bonds</link:label>
    <link:label id="lab_ftai_Series2012BondsMember_8DBF794F9FCE493C8D476D7168DE2C09_label_en-US" xlink:label="lab_ftai_Series2012BondsMember_8DBF794F9FCE493C8D476D7168DE2C09" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 2012 Bonds [Member]</link:label>
    <link:label id="lab_ftai_Series2012BondsMember_8DBF794F9FCE493C8D476D7168DE2C09_documentation_en-US" xlink:label="lab_ftai_Series2012BondsMember_8DBF794F9FCE493C8D476D7168DE2C09" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 2012 Bonds [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_Series2012BondsMember" xlink:label="loc_ftai_Series2012BondsMember_8DBF794F9FCE493C8D476D7168DE2C09" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_Series2012BondsMember_8DBF794F9FCE493C8D476D7168DE2C09" xlink:to="lab_ftai_Series2012BondsMember_8DBF794F9FCE493C8D476D7168DE2C09" xlink:type="arc" />
    <link:label id="lab_ftai_DockandWharfFacilityRevenueBondsSeries2016Member_BB8D995D77282743B57B6D7168DED0F0_terseLabel_en-US" xlink:label="lab_ftai_DockandWharfFacilityRevenueBondsSeries2016Member_BB8D995D77282743B57B6D7168DED0F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dock and Wharf Facility Revenue Bonds, Series 2016</link:label>
    <link:label id="lab_ftai_DockandWharfFacilityRevenueBondsSeries2016Member_BB8D995D77282743B57B6D7168DED0F0_label_en-US" xlink:label="lab_ftai_DockandWharfFacilityRevenueBondsSeries2016Member_BB8D995D77282743B57B6D7168DED0F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dock and Wharf Facility Revenue Bonds, Series 2016 [Member]</link:label>
    <link:label id="lab_ftai_DockandWharfFacilityRevenueBondsSeries2016Member_BB8D995D77282743B57B6D7168DED0F0_documentation_en-US" xlink:label="lab_ftai_DockandWharfFacilityRevenueBondsSeries2016Member_BB8D995D77282743B57B6D7168DED0F0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dock and Wharf Facility Revenue Bonds, Series 2016 [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_DockandWharfFacilityRevenueBondsSeries2016Member" xlink:label="loc_ftai_DockandWharfFacilityRevenueBondsSeries2016Member_BB8D995D77282743B57B6D7168DED0F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_DockandWharfFacilityRevenueBondsSeries2016Member_BB8D995D77282743B57B6D7168DED0F0" xlink:to="lab_ftai_DockandWharfFacilityRevenueBondsSeries2016Member_BB8D995D77282743B57B6D7168DED0F0" xlink:type="arc" />
    <link:label id="lab_ftai_NotePayabletoNoncontrollingInterestMember_6AA56A8577B3069ED6576D7168DE35A7_terseLabel_en-US" xlink:label="lab_ftai_NotePayabletoNoncontrollingInterestMember_6AA56A8577B3069ED6576D7168DE35A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Note payable to non-controlling interest</link:label>
    <link:label id="lab_ftai_NotePayabletoNoncontrollingInterestMember_6AA56A8577B3069ED6576D7168DE35A7_label_en-US" xlink:label="lab_ftai_NotePayabletoNoncontrollingInterestMember_6AA56A8577B3069ED6576D7168DE35A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Note Payable to Non-controlling Interest [Member]</link:label>
    <link:label id="lab_ftai_NotePayabletoNoncontrollingInterestMember_6AA56A8577B3069ED6576D7168DE35A7_documentation_en-US" xlink:label="lab_ftai_NotePayabletoNoncontrollingInterestMember_6AA56A8577B3069ED6576D7168DE35A7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Note Payable to Non-controlling Interest [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_NotePayabletoNoncontrollingInterestMember" xlink:label="loc_ftai_NotePayabletoNoncontrollingInterestMember_6AA56A8577B3069ED6576D7168DE35A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_NotePayabletoNoncontrollingInterestMember_6AA56A8577B3069ED6576D7168DE35A7" xlink:to="lab_ftai_NotePayabletoNoncontrollingInterestMember_6AA56A8577B3069ED6576D7168DE35A7" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentLineItems_87DFF8CD39AED5C302276D7168DED194_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_87DFF8CD39AED5C302276D7168DED194" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument [Line Items]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentLineItems_87DFF8CD39AED5C302276D7168DED194_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_87DFF8CD39AED5C302276D7168DED194" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="loc_us-gaap_DebtInstrumentLineItems_87DFF8CD39AED5C302276D7168DED194" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87DFF8CD39AED5C302276D7168DED194" xlink:to="lab_us-gaap_DebtInstrumentLineItems_87DFF8CD39AED5C302276D7168DED194" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentUnamortizedPremium_D96F07330F79FF8B3D736D7168DE000B_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnamortizedPremium_D96F07330F79FF8B3D736D7168DE000B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unamortized premium</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentUnamortizedPremium_D96F07330F79FF8B3D736D7168DE000B_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnamortizedPremium_D96F07330F79FF8B3D736D7168DE000B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Unamortized Premium</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentUnamortizedPremium" xlink:label="loc_us-gaap_DebtInstrumentUnamortizedPremium_D96F07330F79FF8B3D736D7168DE000B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentUnamortizedPremium_D96F07330F79FF8B3D736D7168DE000B" xlink:to="lab_us-gaap_DebtInstrumentUnamortizedPremium_D96F07330F79FF8B3D736D7168DE000B" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebt_B70796FEB8DEC45F5B466D7168DE040F_verboseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_B70796FEB8DEC45F5B466D7168DE040F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total debt, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_B70796FEB8DEC45F5B466D7168DE040F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebt_B70796FEB8DEC45F5B466D7168DE040F" xlink:to="lab_us-gaap_LongTermDebt_B70796FEB8DEC45F5B466D7168DE040F" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentCarryingAmount_21801ED252F486147F186D7168DE5001_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentCarryingAmount_21801ED252F486147F186D7168DE5001" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Gross</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentCarryingAmount_21801ED252F486147F186D7168DE5001_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentCarryingAmount_21801ED252F486147F186D7168DE5001" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="loc_us-gaap_DebtInstrumentCarryingAmount_21801ED252F486147F186D7168DE5001" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_21801ED252F486147F186D7168DE5001" xlink:to="lab_us-gaap_DebtInstrumentCarryingAmount_21801ED252F486147F186D7168DE5001" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnamortizedDebtIssuanceExpense_42C5142CD609E158AA996D7168DE295D_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_UnamortizedDebtIssuanceExpense_42C5142CD609E158AA996D7168DE295D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Debt Issuance Cost</link:label>
    <link:label id="lab_us-gaap_UnamortizedDebtIssuanceExpense_42C5142CD609E158AA996D7168DE295D_label_en-US" xlink:label="lab_us-gaap_UnamortizedDebtIssuanceExpense_42C5142CD609E158AA996D7168DE295D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unamortized Debt Issuance Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_UnamortizedDebtIssuanceExpense" xlink:label="loc_us-gaap_UnamortizedDebtIssuanceExpense_42C5142CD609E158AA996D7168DE295D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnamortizedDebtIssuanceExpense_42C5142CD609E158AA996D7168DE295D" xlink:to="lab_us-gaap_UnamortizedDebtIssuanceExpense_42C5142CD609E158AA996D7168DE295D" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtCurrent_13F288FF96C4958DD76A6D7168DEE021_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtCurrent_13F288FF96C4958DD76A6D7168DEE021" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total debt due within one year</link:label>
    <link:label id="lab_us-gaap_LongTermDebtCurrent_13F288FF96C4958DD76A6D7168DEE021_label_en-US" xlink:label="lab_us-gaap_LongTermDebtCurrent_13F288FF96C4958DD76A6D7168DEE021" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Current Maturities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebtCurrent" xlink:label="loc_us-gaap_LongTermDebtCurrent_13F288FF96C4958DD76A6D7168DEE021" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtCurrent_13F288FF96C4958DD76A6D7168DEE021" xlink:to="lab_us-gaap_LongTermDebtCurrent_13F288FF96C4958DD76A6D7168DEE021" xlink:type="arc" />
    <link:label id="lab_ftai_DebtInstrumentCovenantServiceCoverageRatio_6D4469A56CF72044DF8B6D7168DE61A3_terseLabel_en-US" xlink:label="lab_ftai_DebtInstrumentCovenantServiceCoverageRatio_6D4469A56CF72044DF8B6D7168DE61A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Covenant, Service Coverage Ratio</link:label>
    <link:label id="lab_ftai_DebtInstrumentCovenantServiceCoverageRatio_6D4469A56CF72044DF8B6D7168DE61A3_label_en-US" xlink:label="lab_ftai_DebtInstrumentCovenantServiceCoverageRatio_6D4469A56CF72044DF8B6D7168DE61A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Covenant, Service Coverage Ratio</link:label>
    <link:label id="lab_ftai_DebtInstrumentCovenantServiceCoverageRatio_6D4469A56CF72044DF8B6D7168DE61A3_documentation_en-US" xlink:label="lab_ftai_DebtInstrumentCovenantServiceCoverageRatio_6D4469A56CF72044DF8B6D7168DE61A3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Covenant, Service Coverage Ratio</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_DebtInstrumentCovenantServiceCoverageRatio" xlink:label="loc_ftai_DebtInstrumentCovenantServiceCoverageRatio_6D4469A56CF72044DF8B6D7168DE61A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_DebtInstrumentCovenantServiceCoverageRatio_6D4469A56CF72044DF8B6D7168DE61A3" xlink:to="lab_ftai_DebtInstrumentCovenantServiceCoverageRatio_6D4469A56CF72044DF8B6D7168DE61A3" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentFaceAmount_C9D74724A0A3739BA0146D7168DFAA58_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount_C9D74724A0A3739BA0146D7168DFAA58" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt, face amount</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentFaceAmount_C9D74724A0A3739BA0146D7168DFAA58_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount_C9D74724A0A3739BA0146D7168DFAA58" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Face Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="loc_us-gaap_DebtInstrumentFaceAmount_C9D74724A0A3739BA0146D7168DFAA58" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentFaceAmount_C9D74724A0A3739BA0146D7168DFAA58" xlink:to="lab_us-gaap_DebtInstrumentFaceAmount_C9D74724A0A3739BA0146D7168DFAA58" xlink:type="arc" />
    <link:label id="lab_us-gaap_PercentageOfDebtHedgedByInterestRateDerivatives_2F73CDE2589A80D12A536D7168DF1124_terseLabel_en-US" xlink:label="lab_us-gaap_PercentageOfDebtHedgedByInterestRateDerivatives_2F73CDE2589A80D12A536D7168DF1124" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of Debt Hedged by Interest Rate Derivatives</link:label>
    <link:label id="lab_us-gaap_PercentageOfDebtHedgedByInterestRateDerivatives_2F73CDE2589A80D12A536D7168DF1124_label_en-US" xlink:label="lab_us-gaap_PercentageOfDebtHedgedByInterestRateDerivatives_2F73CDE2589A80D12A536D7168DF1124" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of Debt Hedged by Interest Rate Derivatives</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PercentageOfDebtHedgedByInterestRateDerivatives" xlink:label="loc_us-gaap_PercentageOfDebtHedgedByInterestRateDerivatives_2F73CDE2589A80D12A536D7168DF1124" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PercentageOfDebtHedgedByInterestRateDerivatives_2F73CDE2589A80D12A536D7168DF1124" xlink:to="lab_us-gaap_PercentageOfDebtHedgedByInterestRateDerivatives_2F73CDE2589A80D12A536D7168DF1124" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeCapInterestRate_EF2DF7419B93596B38E26D7168DF0D81_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeCapInterestRate_EF2DF7419B93596B38E26D7168DF0D81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative, Cap Interest Rate</link:label>
    <link:label id="lab_us-gaap_DerivativeCapInterestRate_EF2DF7419B93596B38E26D7168DF0D81_label_en-US" xlink:label="lab_us-gaap_DerivativeCapInterestRate_EF2DF7419B93596B38E26D7168DF0D81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative, Cap Interest Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DerivativeCapInterestRate" xlink:label="loc_us-gaap_DerivativeCapInterestRate_EF2DF7419B93596B38E26D7168DF0D81" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeCapInterestRate_EF2DF7419B93596B38E26D7168DF0D81" xlink:to="lab_us-gaap_DerivativeCapInterestRate_EF2DF7419B93596B38E26D7168DF0D81" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentPeriodicPayment_F2B218648F278A6886F66D7168DF4D24_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentPeriodicPayment_F2B218648F278A6886F66D7168DF4D24" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Periodic Payment</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentPeriodicPayment_F2B218648F278A6886F66D7168DF4D24_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentPeriodicPayment_F2B218648F278A6886F66D7168DF4D24" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Periodic Payment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentPeriodicPayment" xlink:label="loc_us-gaap_DebtInstrumentPeriodicPayment_F2B218648F278A6886F66D7168DF4D24" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentPeriodicPayment_F2B218648F278A6886F66D7168DF4D24" xlink:to="lab_us-gaap_DebtInstrumentPeriodicPayment_F2B218648F278A6886F66D7168DF4D24" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E49BAF7938800F67A61D6D7168DF4E11_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E49BAF7938800F67A61D6D7168DF4E11" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Basis Spread on Variable Rate</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E49BAF7938800F67A61D6D7168DF4E11_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E49BAF7938800F67A61D6D7168DF4E11" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Basis Spread on Variable Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E49BAF7938800F67A61D6D7168DF4E11" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E49BAF7938800F67A61D6D7168DF4E11" xlink:to="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E49BAF7938800F67A61D6D7168DF4E11" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtWeightedAverageInterestRate_7CF8FE44BCA2A62FA47F6D765104FB29_terseLabel_en-US" xlink:label="lab_us-gaap_DebtWeightedAverageInterestRate_7CF8FE44BCA2A62FA47F6D765104FB29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt, Weighted Average Interest Rate</link:label>
    <link:label id="lab_us-gaap_DebtWeightedAverageInterestRate_7CF8FE44BCA2A62FA47F6D765104FB29_label_en-US" xlink:label="lab_us-gaap_DebtWeightedAverageInterestRate_7CF8FE44BCA2A62FA47F6D765104FB29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt, Weighted Average Interest Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtWeightedAverageInterestRate" xlink:label="loc_us-gaap_DebtWeightedAverageInterestRate_7CF8FE44BCA2A62FA47F6D765104FB29" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtWeightedAverageInterestRate_7CF8FE44BCA2A62FA47F6D765104FB29" xlink:to="lab_us-gaap_DebtWeightedAverageInterestRate_7CF8FE44BCA2A62FA47F6D765104FB29" xlink:type="arc" />
    <link:label id="lab_ftai_DebtInstrumentCovenantFixedChargeCoverageRatio_07A08508EE9935210F606D7168DFD865_terseLabel_en-US" xlink:label="lab_ftai_DebtInstrumentCovenantFixedChargeCoverageRatio_07A08508EE9935210F606D7168DFD865" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Covenant, Fixed Charge Coverage Ratio</link:label>
    <link:label id="lab_ftai_DebtInstrumentCovenantFixedChargeCoverageRatio_07A08508EE9935210F606D7168DFD865_label_en-US" xlink:label="lab_ftai_DebtInstrumentCovenantFixedChargeCoverageRatio_07A08508EE9935210F606D7168DFD865" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Covenant, Fixed Charge Coverage Ratio</link:label>
    <link:label id="lab_ftai_DebtInstrumentCovenantFixedChargeCoverageRatio_07A08508EE9935210F606D7168DFD865_documentation_en-US" xlink:label="lab_ftai_DebtInstrumentCovenantFixedChargeCoverageRatio_07A08508EE9935210F606D7168DFD865" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Covenant, Fixed Charge Coverage Ratio</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_DebtInstrumentCovenantFixedChargeCoverageRatio" xlink:label="loc_ftai_DebtInstrumentCovenantFixedChargeCoverageRatio_07A08508EE9935210F606D7168DFD865" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_DebtInstrumentCovenantFixedChargeCoverageRatio_07A08508EE9935210F606D7168DFD865" xlink:to="lab_ftai_DebtInstrumentCovenantFixedChargeCoverageRatio_07A08508EE9935210F606D7168DFD865" xlink:type="arc" />
    <link:label id="lab_ftai_DebtInstrumentCovenantEvaluationPeriod_DFBB4B2B992963C230966D7168DFDE2E_terseLabel_en-US" xlink:label="lab_ftai_DebtInstrumentCovenantEvaluationPeriod_DFBB4B2B992963C230966D7168DFDE2E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Covenant, Evaluation Period</link:label>
    <link:label id="lab_ftai_DebtInstrumentCovenantEvaluationPeriod_DFBB4B2B992963C230966D7168DFDE2E_label_en-US" xlink:label="lab_ftai_DebtInstrumentCovenantEvaluationPeriod_DFBB4B2B992963C230966D7168DFDE2E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Covenant, Evaluation Period</link:label>
    <link:label id="lab_ftai_DebtInstrumentCovenantEvaluationPeriod_DFBB4B2B992963C230966D7168DFDE2E_documentation_en-US" xlink:label="lab_ftai_DebtInstrumentCovenantEvaluationPeriod_DFBB4B2B992963C230966D7168DFDE2E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Covenant, Evaluation Period</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_DebtInstrumentCovenantEvaluationPeriod" xlink:label="loc_ftai_DebtInstrumentCovenantEvaluationPeriod_DFBB4B2B992963C230966D7168DFDE2E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_DebtInstrumentCovenantEvaluationPeriod_DFBB4B2B992963C230966D7168DFDE2E" xlink:to="lab_ftai_DebtInstrumentCovenantEvaluationPeriod_DFBB4B2B992963C230966D7168DFDE2E" xlink:type="arc" />
    <link:label id="lab_ftai_DebtInstrumentCallableDebt_309E7ACE17EDC9168D1A6D7168DFB3A3_terseLabel_en-US" xlink:label="lab_ftai_DebtInstrumentCallableDebt_309E7ACE17EDC9168D1A6D7168DFB3A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Callable Debt</link:label>
    <link:label id="lab_ftai_DebtInstrumentCallableDebt_309E7ACE17EDC9168D1A6D7168DFB3A3_label_en-US" xlink:label="lab_ftai_DebtInstrumentCallableDebt_309E7ACE17EDC9168D1A6D7168DFB3A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Callable Debt</link:label>
    <link:label id="lab_ftai_DebtInstrumentCallableDebt_309E7ACE17EDC9168D1A6D7168DFB3A3_documentation_en-US" xlink:label="lab_ftai_DebtInstrumentCallableDebt_309E7ACE17EDC9168D1A6D7168DFB3A3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Callable Debt</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_DebtInstrumentCallableDebt" xlink:label="loc_ftai_DebtInstrumentCallableDebt_309E7ACE17EDC9168D1A6D7168DFB3A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_DebtInstrumentCallableDebt_309E7ACE17EDC9168D1A6D7168DFB3A3" xlink:to="lab_ftai_DebtInstrumentCallableDebt_309E7ACE17EDC9168D1A6D7168DFB3A3" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_6E3D063F864DE8C991856D7168DFDA41_terseLabel_en-US" xlink:label="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_6E3D063F864DE8C991856D7168DFDA41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss on extinguishment of debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_6E3D063F864DE8C991856D7168DFDA41" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_6E3D063F864DE8C991856D7168DFDA41" xlink:to="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_6E3D063F864DE8C991856D7168DFDA41" xlink:type="arc" />
    <link:label id="lab_ftai_DebtInstrumentPeriodofInterestReserve_3ECC3471559DDC2190C46D7168DFA997_terseLabel_en-US" xlink:label="lab_ftai_DebtInstrumentPeriodofInterestReserve_3ECC3471559DDC2190C46D7168DFA997" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Period of Interest Reserve</link:label>
    <link:label id="lab_ftai_DebtInstrumentPeriodofInterestReserve_3ECC3471559DDC2190C46D7168DFA997_label_en-US" xlink:label="lab_ftai_DebtInstrumentPeriodofInterestReserve_3ECC3471559DDC2190C46D7168DFA997" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Period of Interest Reserve</link:label>
    <link:label id="lab_ftai_DebtInstrumentPeriodofInterestReserve_3ECC3471559DDC2190C46D7168DFA997_documentation_en-US" xlink:label="lab_ftai_DebtInstrumentPeriodofInterestReserve_3ECC3471559DDC2190C46D7168DFA997" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Period of Interest Reserve</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_DebtInstrumentPeriodofInterestReserve" xlink:label="loc_ftai_DebtInstrumentPeriodofInterestReserve_3ECC3471559DDC2190C46D7168DFA997" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_DebtInstrumentPeriodofInterestReserve_3ECC3471559DDC2190C46D7168DFA997" xlink:to="lab_ftai_DebtInstrumentPeriodofInterestReserve_3ECC3471559DDC2190C46D7168DFA997" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentFeeAmount_7A21EA598FB3C9DF6D1A6D7168DF10BC_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentFeeAmount_7A21EA598FB3C9DF6D1A6D7168DF10BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Fee Amount</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentFeeAmount_7A21EA598FB3C9DF6D1A6D7168DF10BC_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentFeeAmount_7A21EA598FB3C9DF6D1A6D7168DF10BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Fee Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentFeeAmount" xlink:label="loc_us-gaap_DebtInstrumentFeeAmount_7A21EA598FB3C9DF6D1A6D7168DF10BC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentFeeAmount_7A21EA598FB3C9DF6D1A6D7168DF10BC" xlink:to="lab_us-gaap_DebtInstrumentFeeAmount_7A21EA598FB3C9DF6D1A6D7168DF10BC" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_30DCC9C91BCBAD20CCCC6D7168E0236A_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_30DCC9C91BCBAD20CCCC6D7168E0236A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stated rate</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_30DCC9C91BCBAD20CCCC6D7168E0236A_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_30DCC9C91BCBAD20CCCC6D7168E0236A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate, Stated Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_30DCC9C91BCBAD20CCCC6D7168E0236A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_30DCC9C91BCBAD20CCCC6D7168E0236A" xlink:to="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_30DCC9C91BCBAD20CCCC6D7168E0236A" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_1D55FA92E21FAEA0A45F6D7168E0815B_terseLabel_en-US" xlink:label="lab_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_1D55FA92E21FAEA0A45F6D7168E0815B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsidiary of Limited Liability Company or Limited Partnership, Ownership Interest</link:label>
    <link:label id="lab_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_1D55FA92E21FAEA0A45F6D7168E0815B_label_en-US" xlink:label="lab_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_1D55FA92E21FAEA0A45F6D7168E0815B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiary of Limited Liability Company or Limited Partnership, Ownership Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest" xlink:label="loc_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_1D55FA92E21FAEA0A45F6D7168E0815B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_1D55FA92E21FAEA0A45F6D7168E0815B" xlink:to="lab_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_1D55FA92E21FAEA0A45F6D7168E0815B" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_9684CC8B4C13CB72BB2D6D7168E0F917_verboseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_9684CC8B4C13CB72BB2D6D7168E0F917" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interest ownership percentage</link:label>
    <link:label id="lab_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_9684CC8B4C13CB72BB2D6D7168E0F917_label_en-US" xlink:label="lab_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_9684CC8B4C13CB72BB2D6D7168E0F917" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners" xlink:label="loc_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_9684CC8B4C13CB72BB2D6D7168E0F917" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_9684CC8B4C13CB72BB2D6D7168E0F917" xlink:to="lab_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_9684CC8B4C13CB72BB2D6D7168E0F917" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseGross_71392A1854EAF908796442AD493081DB_verboseLabel_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseGross_71392A1854EAF908796442AD493081DB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Leasing equipment</link:label>
    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseGross_71392A1854EAF908796442AD493081DB_label_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseGross_71392A1854EAF908796442AD493081DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property Subject to or Available for Operating Lease, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertySubjectToOrAvailableForOperatingLeaseGross" xlink:label="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseGross_71392A1854EAF908796442AD493081DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseGross_71392A1854EAF908796442AD493081DB" xlink:to="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseGross_71392A1854EAF908796442AD493081DB" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation_FD10415CD9DECFE6EC5F42AD4931A0DA_negatedLabel_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation_FD10415CD9DECFE6EC5F42AD4931A0DA" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Less: Accumulated depreciation</link:label>
    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation_FD10415CD9DECFE6EC5F42AD4931A0DA_label_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation_FD10415CD9DECFE6EC5F42AD4931A0DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property Subject to or Available for Operating Lease, Accumulated Depreciation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation" xlink:label="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation_FD10415CD9DECFE6EC5F42AD4931A0DA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation_FD10415CD9DECFE6EC5F42AD4931A0DA" xlink:to="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation_FD10415CD9DECFE6EC5F42AD4931A0DA" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet_5F772A35DC69D86DE2B242AD49313BA4_totalLabel_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet_5F772A35DC69D86DE2B242AD49313BA4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Leasing equipment, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet" xlink:label="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet_5F772A35DC69D86DE2B242AD49313BA4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet_5F772A35DC69D86DE2B242AD49313BA4" xlink:to="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet_5F772A35DC69D86DE2B242AD49313BA4" xlink:type="arc" />
    <link:label id="lab_ftai_LeasingEquipmentNumberofAircraftAcquired_01B2A838A88489C62A1C42AD4931E090_terseLabel_en-US" xlink:label="lab_ftai_LeasingEquipmentNumberofAircraftAcquired_01B2A838A88489C62A1C42AD4931E090" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of aircraft acquired</link:label>
    <link:label id="lab_ftai_LeasingEquipmentNumberofAircraftAcquired_01B2A838A88489C62A1C42AD4931E090_label_en-US" xlink:label="lab_ftai_LeasingEquipmentNumberofAircraftAcquired_01B2A838A88489C62A1C42AD4931E090" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leasing Equipment, Number of Aircraft Acquired</link:label>
    <link:label id="lab_ftai_LeasingEquipmentNumberofAircraftAcquired_01B2A838A88489C62A1C42AD4931E090_documentation_en-US" xlink:label="lab_ftai_LeasingEquipmentNumberofAircraftAcquired_01B2A838A88489C62A1C42AD4931E090" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Leasing Equipment, Number of Aircraft Acquired</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_LeasingEquipmentNumberofAircraftAcquired" xlink:label="loc_ftai_LeasingEquipmentNumberofAircraftAcquired_01B2A838A88489C62A1C42AD4931E090" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_LeasingEquipmentNumberofAircraftAcquired_01B2A838A88489C62A1C42AD4931E090" xlink:to="lab_ftai_LeasingEquipmentNumberofAircraftAcquired_01B2A838A88489C62A1C42AD4931E090" xlink:type="arc" />
    <link:label id="lab_ftai_LeasingEquipmentNumberofCommercialJetEnginesAcquired_402F6F2E8B2F1300558D42AD49311C0C_terseLabel_en-US" xlink:label="lab_ftai_LeasingEquipmentNumberofCommercialJetEnginesAcquired_402F6F2E8B2F1300558D42AD49311C0C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commercial jet engines acquired</link:label>
    <link:label id="lab_ftai_LeasingEquipmentNumberofCommercialJetEnginesAcquired_402F6F2E8B2F1300558D42AD49311C0C_label_en-US" xlink:label="lab_ftai_LeasingEquipmentNumberofCommercialJetEnginesAcquired_402F6F2E8B2F1300558D42AD49311C0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leasing Equipment, Number of Commercial Jet Engines Acquired</link:label>
    <link:label id="lab_ftai_LeasingEquipmentNumberofCommercialJetEnginesAcquired_402F6F2E8B2F1300558D42AD49311C0C_documentation_en-US" xlink:label="lab_ftai_LeasingEquipmentNumberofCommercialJetEnginesAcquired_402F6F2E8B2F1300558D42AD49311C0C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Leasing Equipment, Number of Commercial Jet Engines Acquired</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_LeasingEquipmentNumberofCommercialJetEnginesAcquired" xlink:label="loc_ftai_LeasingEquipmentNumberofCommercialJetEnginesAcquired_402F6F2E8B2F1300558D42AD49311C0C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_LeasingEquipmentNumberofCommercialJetEnginesAcquired_402F6F2E8B2F1300558D42AD49311C0C" xlink:to="lab_ftai_LeasingEquipmentNumberofCommercialJetEnginesAcquired_402F6F2E8B2F1300558D42AD49311C0C" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNumberOfAircraftSold_F20838B6F1FB8161848B42B424198923_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNumberOfAircraftSold_F20838B6F1FB8161848B42B424198923" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of airfcraft sold</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNumberOfAircraftSold_F20838B6F1FB8161848B42B424198923_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNumberOfAircraftSold_F20838B6F1FB8161848B42B424198923" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Number of Aircraft Sold</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNumberOfAircraftSold" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNumberOfAircraftSold_F20838B6F1FB8161848B42B424198923" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNumberOfAircraftSold_F20838B6F1FB8161848B42B424198923" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNumberOfAircraftSold_F20838B6F1FB8161848B42B424198923" xlink:type="arc" />
    <link:label id="lab_ftai_LeasingEquipmentNumberofCommercialJetEnginesSold_4B96170CE4E8CABFF14742AD4931832F_terseLabel_en-US" xlink:label="lab_ftai_LeasingEquipmentNumberofCommercialJetEnginesSold_4B96170CE4E8CABFF14742AD4931832F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commercial jet engines sold</link:label>
    <link:label id="lab_ftai_LeasingEquipmentNumberofCommercialJetEnginesSold_4B96170CE4E8CABFF14742AD4931832F_label_en-US" xlink:label="lab_ftai_LeasingEquipmentNumberofCommercialJetEnginesSold_4B96170CE4E8CABFF14742AD4931832F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leasing Equipment, Number of Commercial Jet Engines Sold</link:label>
    <link:label id="lab_ftai_LeasingEquipmentNumberofCommercialJetEnginesSold_4B96170CE4E8CABFF14742AD4931832F_documentation_en-US" xlink:label="lab_ftai_LeasingEquipmentNumberofCommercialJetEnginesSold_4B96170CE4E8CABFF14742AD4931832F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Leasing Equipment, Number of Commercial Jet Engines Sold</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_LeasingEquipmentNumberofCommercialJetEnginesSold" xlink:label="loc_ftai_LeasingEquipmentNumberofCommercialJetEnginesSold_4B96170CE4E8CABFF14742AD4931832F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_LeasingEquipmentNumberofCommercialJetEnginesSold_4B96170CE4E8CABFF14742AD4931832F" xlink:to="lab_ftai_LeasingEquipmentNumberofCommercialJetEnginesSold_4B96170CE4E8CABFF14742AD4931832F" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease_9E5256335C22A32B44F042AD4931F6CC_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease_9E5256335C22A32B44F042AD4931F6CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease_9E5256335C22A32B44F042AD4931F6CC_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease_9E5256335C22A32B44F042AD4931F6CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Income Statement, Depreciation Expense on Property Subject to or Held-for-lease</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease" xlink:label="loc_us-gaap_OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease_9E5256335C22A32B44F042AD4931F6CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease_9E5256335C22A32B44F042AD4931F6CC" xlink:to="lab_us-gaap_OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease_9E5256335C22A32B44F042AD4931F6CC" xlink:type="arc" />
    <link:label id="lab_ftai_IntangibleAssetsandLiabilitiesDisclosureTextBlock_1A6BE5B865E19CC686275E530B8981DB_terseLabel_en-US" xlink:label="lab_ftai_IntangibleAssetsandLiabilitiesDisclosureTextBlock_1A6BE5B865E19CC686275E530B8981DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INTANGIBLE ASSETS AND LIABILITIES, NET</link:label>
    <link:label id="lab_ftai_IntangibleAssetsandLiabilitiesDisclosureTextBlock_1A6BE5B865E19CC686275E530B8981DB_label_en-US" xlink:label="lab_ftai_IntangibleAssetsandLiabilitiesDisclosureTextBlock_1A6BE5B865E19CC686275E530B8981DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible Assets and Liabilities Disclosure [Text Block]</link:label>
    <link:label id="lab_ftai_IntangibleAssetsandLiabilitiesDisclosureTextBlock_1A6BE5B865E19CC686275E530B8981DB_documentation_en-US" xlink:label="lab_ftai_IntangibleAssetsandLiabilitiesDisclosureTextBlock_1A6BE5B865E19CC686275E530B8981DB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Intangible Assets and Liabilities Disclosure [Text Block]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_IntangibleAssetsandLiabilitiesDisclosureTextBlock" xlink:label="loc_ftai_IntangibleAssetsandLiabilitiesDisclosureTextBlock_1A6BE5B865E19CC686275E530B8981DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_IntangibleAssetsandLiabilitiesDisclosureTextBlock_1A6BE5B865E19CC686275E530B8981DB" xlink:to="lab_ftai_IntangibleAssetsandLiabilitiesDisclosureTextBlock_1A6BE5B865E19CC686275E530B8981DB" xlink:type="arc" />
    <link:label id="lab_us-gaap_NumberOfReportableSegments_336E6A396C3C51C31B5B43BF9CC92F97_terseLabel_en-US" xlink:label="lab_us-gaap_NumberOfReportableSegments_336E6A396C3C51C31B5B43BF9CC92F97" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of reportable segments</link:label>
    <link:label id="lab_us-gaap_NumberOfReportableSegments_336E6A396C3C51C31B5B43BF9CC92F97_label_en-US" xlink:label="lab_us-gaap_NumberOfReportableSegments_336E6A396C3C51C31B5B43BF9CC92F97" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Reportable Segments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NumberOfReportableSegments" xlink:label="loc_us-gaap_NumberOfReportableSegments_336E6A396C3C51C31B5B43BF9CC92F97" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NumberOfReportableSegments_336E6A396C3C51C31B5B43BF9CC92F97" xlink:to="lab_us-gaap_NumberOfReportableSegments_336E6A396C3C51C31B5B43BF9CC92F97" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenuesAbstract_9ED8599529597EC4995643BF9CD2A027_terseLabel_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_9ED8599529597EC4995643BF9CD2A027" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:label id="lab_us-gaap_RevenuesAbstract_9ED8599529597EC4995643BF9CD2A027_label_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_9ED8599529597EC4995643BF9CD2A027" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="loc_us-gaap_RevenuesAbstract_9ED8599529597EC4995643BF9CD2A027" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenuesAbstract_9ED8599529597EC4995643BF9CD2A027" xlink:to="lab_us-gaap_RevenuesAbstract_9ED8599529597EC4995643BF9CD2A027" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_924E276CAD6405E568C943BF9CD2D643_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_924E276CAD6405E568C943BF9CD2D643" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expenses</link:label>
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_924E276CAD6405E568C943BF9CD2D643_label_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_924E276CAD6405E568C943BF9CD2D643" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="loc_us-gaap_OperatingExpensesAbstract_924E276CAD6405E568C943BF9CD2D643" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpensesAbstract_924E276CAD6405E568C943BF9CD2D643" xlink:to="lab_us-gaap_OperatingExpensesAbstract_924E276CAD6405E568C943BF9CD2D643" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpenses_35F3F1AD68E4C20E799843BF9CD24FD2_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingExpenses_35F3F1AD68E4C20E799843BF9CD24FD2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating expenses</link:label>
    <link:label id="lab_us-gaap_OperatingExpenses_35F3F1AD68E4C20E799843BF9CD24FD2_label_en-US" xlink:label="lab_us-gaap_OperatingExpenses_35F3F1AD68E4C20E799843BF9CD24FD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_35F3F1AD68E4C20E799843BF9CD24FD2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpenses_35F3F1AD68E4C20E799843BF9CD24FD2" xlink:to="lab_us-gaap_OperatingExpenses_35F3F1AD68E4C20E799843BF9CD24FD2" xlink:type="arc" />
    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpense_D3E8D2FE6A129BE06FB943BF9CD230DC_terseLabel_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpense_D3E8D2FE6A129BE06FB943BF9CD230DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">General and administrative</link:label>
    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpense_D3E8D2FE6A129BE06FB943BF9CD230DC_label_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpense_D3E8D2FE6A129BE06FB943BF9CD230DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">General and Administrative Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_D3E8D2FE6A129BE06FB943BF9CD230DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GeneralAndAdministrativeExpense_D3E8D2FE6A129BE06FB943BF9CD230DC" xlink:to="lab_us-gaap_GeneralAndAdministrativeExpense_D3E8D2FE6A129BE06FB943BF9CD230DC" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_84CB3E919ACF9F0A241B43BF9CD22E1C_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_84CB3E919ACF9F0A241B43BF9CD22E1C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Management fees and incentive allocation to affiliate</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_84CB3E919ACF9F0A241B43BF9CD22E1C_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_84CB3E919ACF9F0A241B43BF9CD22E1C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Expenses from Transactions with Related Party</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty" xlink:label="loc_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_84CB3E919ACF9F0A241B43BF9CD22E1C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_84CB3E919ACF9F0A241B43BF9CD22E1C" xlink:to="lab_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_84CB3E919ACF9F0A241B43BF9CD22E1C" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestExpense_629985A0EF0772594C8043BF9CD31D07_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpense_629985A0EF0772594C8043BF9CD31D07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:label id="lab_us-gaap_InterestExpense_629985A0EF0772594C8043BF9CD31D07_label_en-US" xlink:label="lab_us-gaap_InterestExpense_629985A0EF0772594C8043BF9CD31D07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_629985A0EF0772594C8043BF9CD31D07" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpense_629985A0EF0772594C8043BF9CD31D07" xlink:to="lab_us-gaap_InterestExpense_629985A0EF0772594C8043BF9CD31D07" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostsAndExpenses_0D048F6B1A259AABBFC643BF9CD3E59E_totalLabel_en-US" xlink:label="lab_us-gaap_CostsAndExpenses_0D048F6B1A259AABBFC643BF9CD3E59E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total expenses</link:label>
    <link:label id="lab_us-gaap_CostsAndExpenses_0D048F6B1A259AABBFC643BF9CD3E59E_label_en-US" xlink:label="lab_us-gaap_CostsAndExpenses_0D048F6B1A259AABBFC643BF9CD3E59E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Costs and Expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="loc_us-gaap_CostsAndExpenses_0D048F6B1A259AABBFC643BF9CD3E59E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CostsAndExpenses_0D048F6B1A259AABBFC643BF9CD3E59E" xlink:to="lab_us-gaap_CostsAndExpenses_0D048F6B1A259AABBFC643BF9CD3E59E" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherIncomeAndExpensesAbstract_FBF2A665DBE54931AFEA43BF9CD3EF3F_terseLabel_en-US" xlink:label="lab_us-gaap_OtherIncomeAndExpensesAbstract_FBF2A665DBE54931AFEA43BF9CD3EF3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other income (expense)</link:label>
    <link:label id="lab_us-gaap_OtherIncomeAndExpensesAbstract_FBF2A665DBE54931AFEA43BF9CD3EF3F_label_en-US" xlink:label="lab_us-gaap_OtherIncomeAndExpensesAbstract_FBF2A665DBE54931AFEA43BF9CD3EF3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Income and Expenses [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherIncomeAndExpensesAbstract" xlink:label="loc_us-gaap_OtherIncomeAndExpensesAbstract_FBF2A665DBE54931AFEA43BF9CD3EF3F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherIncomeAndExpensesAbstract_FBF2A665DBE54931AFEA43BF9CD3EF3F" xlink:to="lab_us-gaap_OtherIncomeAndExpensesAbstract_FBF2A665DBE54931AFEA43BF9CD3EF3F" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnDispositionOfAssets_E5DEB15C7876A634FB0343BF9CD31B5D_verboseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnDispositionOfAssets_E5DEB15C7876A634FB0343BF9CD31B5D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of equipment and finance leases, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GainLossOnDispositionOfAssets" xlink:label="loc_us-gaap_GainLossOnDispositionOfAssets_E5DEB15C7876A634FB0343BF9CD31B5D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnDispositionOfAssets_E5DEB15C7876A634FB0343BF9CD31B5D" xlink:to="lab_us-gaap_GainLossOnDispositionOfAssets_E5DEB15C7876A634FB0343BF9CD31B5D" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetImpairmentCharges_B634C2D692E69F0C25A543BF9CD3973D_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_AssetImpairmentCharges_B634C2D692E69F0C25A543BF9CD3973D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Asset impairment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AssetImpairmentCharges" xlink:label="loc_us-gaap_AssetImpairmentCharges_B634C2D692E69F0C25A543BF9CD3973D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetImpairmentCharges_B634C2D692E69F0C25A543BF9CD3973D" xlink:to="lab_us-gaap_AssetImpairmentCharges_B634C2D692E69F0C25A543BF9CD3973D" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestIncomeExpenseNet_06CE425B2B87AE125D4743BF9CD3DB62_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseNet_06CE425B2B87AE125D4743BF9CD3DB62" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest income</link:label>
    <link:label id="lab_us-gaap_InterestIncomeExpenseNet_06CE425B2B87AE125D4743BF9CD3DB62_label_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseNet_06CE425B2B87AE125D4743BF9CD3DB62" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Income (Expense), Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InterestIncomeExpenseNet" xlink:label="loc_us-gaap_InterestIncomeExpenseNet_06CE425B2B87AE125D4743BF9CD3DB62" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeExpenseNet_06CE425B2B87AE125D4743BF9CD3DB62" xlink:to="lab_us-gaap_InterestIncomeExpenseNet_06CE425B2B87AE125D4743BF9CD3DB62" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherNonoperatingIncomeExpense_66AF6E1661EBD3BD8D2F43BF9CD46A5E_terseLabel_en-US" xlink:label="lab_us-gaap_OtherNonoperatingIncomeExpense_66AF6E1661EBD3BD8D2F43BF9CD46A5E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other income</link:label>
    <link:label id="lab_us-gaap_OtherNonoperatingIncomeExpense_66AF6E1661EBD3BD8D2F43BF9CD46A5E_label_en-US" xlink:label="lab_us-gaap_OtherNonoperatingIncomeExpense_66AF6E1661EBD3BD8D2F43BF9CD46A5E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Nonoperating Income (Expense)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherNonoperatingIncomeExpense" xlink:label="loc_us-gaap_OtherNonoperatingIncomeExpense_66AF6E1661EBD3BD8D2F43BF9CD46A5E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherNonoperatingIncomeExpense_66AF6E1661EBD3BD8D2F43BF9CD46A5E" xlink:to="lab_us-gaap_OtherNonoperatingIncomeExpense_66AF6E1661EBD3BD8D2F43BF9CD46A5E" xlink:type="arc" />
    <link:label id="lab_us-gaap_NonoperatingIncomeExpense_F35DA2C06883FC83AFFE43BF9CD4A617_totalLabel_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpense_F35DA2C06883FC83AFFE43BF9CD4A617" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total other (expense) income</link:label>
    <link:label id="lab_us-gaap_NonoperatingIncomeExpense_F35DA2C06883FC83AFFE43BF9CD4A617_label_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpense_F35DA2C06883FC83AFFE43BF9CD4A617" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nonoperating Income (Expense)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="loc_us-gaap_NonoperatingIncomeExpense_F35DA2C06883FC83AFFE43BF9CD4A617" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_F35DA2C06883FC83AFFE43BF9CD4A617" xlink:to="lab_us-gaap_NonoperatingIncomeExpense_F35DA2C06883FC83AFFE43BF9CD4A617" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_79E05FD7048B0449162E43BF9CD4622C_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_79E05FD7048B0449162E43BF9CD4622C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">(Loss) income before income taxes</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_79E05FD7048B0449162E43BF9CD4622C_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_79E05FD7048B0449162E43BF9CD4622C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_79E05FD7048B0449162E43BF9CD4622C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_79E05FD7048B0449162E43BF9CD4622C" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_79E05FD7048B0449162E43BF9CD4622C" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_2148ACD49E90C4CAD40643BF9CD41BBC_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_2148ACD49E90C4CAD40643BF9CD41BBC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision for income taxes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_2148ACD49E90C4CAD40643BF9CD41BBC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_2148ACD49E90C4CAD40643BF9CD41BBC" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_2148ACD49E90C4CAD40643BF9CD41BBC" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_7190ADE681CE54C1BF9C43BF9CD4E245_totalLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_7190ADE681CE54C1BF9C43BF9CD4E245" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net (loss) income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_7190ADE681CE54C1BF9C43BF9CD4E245" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_7190ADE681CE54C1BF9C43BF9CD4E245" xlink:to="lab_us-gaap_ProfitLoss_7190ADE681CE54C1BF9C43BF9CD4E245" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_33EFB18392F197348CED43BF9CD498EF_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_33EFB18392F197348CED43BF9CD498EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: Net loss attributable to non-controlling interests in consolidated subsidiaries</link:label>
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_33EFB18392F197348CED43BF9CD498EF_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_33EFB18392F197348CED43BF9CD498EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_33EFB18392F197348CED43BF9CD498EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_33EFB18392F197348CED43BF9CD498EF" xlink:to="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_33EFB18392F197348CED43BF9CD498EF" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComponentsOfDeferredTaxAssetsAbstract_F00EE9877FE428480DDD4CC95ED311C8_terseLabel_en-US" xlink:label="lab_us-gaap_ComponentsOfDeferredTaxAssetsAbstract_F00EE9877FE428480DDD4CC95ED311C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax assets:</link:label>
    <link:label id="lab_us-gaap_ComponentsOfDeferredTaxAssetsAbstract_F00EE9877FE428480DDD4CC95ED311C8_label_en-US" xlink:label="lab_us-gaap_ComponentsOfDeferredTaxAssetsAbstract_F00EE9877FE428480DDD4CC95ED311C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of Deferred Tax Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAbstract" xlink:label="loc_us-gaap_ComponentsOfDeferredTaxAssetsAbstract_F00EE9877FE428480DDD4CC95ED311C8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComponentsOfDeferredTaxAssetsAbstract_F00EE9877FE428480DDD4CC95ED311C8" xlink:to="lab_us-gaap_ComponentsOfDeferredTaxAssetsAbstract_F00EE9877FE428480DDD4CC95ED311C8" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_680BB0D2744C498C0BCD4CC95ED3D19B_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_680BB0D2744C498C0BCD4CC95ED3D19B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net operating loss carryforwards</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_680BB0D2744C498C0BCD4CC95ED3D19B_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_680BB0D2744C498C0BCD4CC95ED3D19B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Operating Loss Carryforwards</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwards" xlink:label="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_680BB0D2744C498C0BCD4CC95ED3D19B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_680BB0D2744C498C0BCD4CC95ED3D19B" xlink:to="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_680BB0D2744C498C0BCD4CC95ED3D19B" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_24363330D303C58A15484CC95ED3EDC1_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_24363330D303C58A15484CC95ED3EDC1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued expenses</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_24363330D303C58A15484CC95ED3EDC1_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_24363330D303C58A15484CC95ED3EDC1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_24363330D303C58A15484CC95ED3EDC1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_24363330D303C58A15484CC95ED3EDC1" xlink:to="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_24363330D303C58A15484CC95ED3EDC1" xlink:type="arc" />
    <link:label id="lab_ftai_DeferredTaxAssetsDeferredExpenseInterestExpense_5B7DDF272D1D29BA71E54CC95ED3EE61_terseLabel_en-US" xlink:label="lab_ftai_DeferredTaxAssetsDeferredExpenseInterestExpense_5B7DDF272D1D29BA71E54CC95ED3EE61" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:label id="lab_ftai_DeferredTaxAssetsDeferredExpenseInterestExpense_5B7DDF272D1D29BA71E54CC95ED3EE61_label_en-US" xlink:label="lab_ftai_DeferredTaxAssetsDeferredExpenseInterestExpense_5B7DDF272D1D29BA71E54CC95ED3EE61" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Deferred Expense, Interest Expense</link:label>
    <link:label id="lab_ftai_DeferredTaxAssetsDeferredExpenseInterestExpense_5B7DDF272D1D29BA71E54CC95ED3EE61_documentation_en-US" xlink:label="lab_ftai_DeferredTaxAssetsDeferredExpenseInterestExpense_5B7DDF272D1D29BA71E54CC95ED3EE61" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Deferred Expense, Interest Expense</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_DeferredTaxAssetsDeferredExpenseInterestExpense" xlink:label="loc_ftai_DeferredTaxAssetsDeferredExpenseInterestExpense_5B7DDF272D1D29BA71E54CC95ED3EE61" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_DeferredTaxAssetsDeferredExpenseInterestExpense_5B7DDF272D1D29BA71E54CC95ED3EE61" xlink:to="lab_ftai_DeferredTaxAssetsDeferredExpenseInterestExpense_5B7DDF272D1D29BA71E54CC95ED3EE61" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsOther_C7619AAF369C4090843D4CC95ED321E0_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOther_C7619AAF369C4090843D4CC95ED321E0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsOther_C7619AAF369C4090843D4CC95ED321E0_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOther_C7619AAF369C4090843D4CC95ED321E0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="loc_us-gaap_DeferredTaxAssetsOther_C7619AAF369C4090843D4CC95ED321E0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsOther_C7619AAF369C4090843D4CC95ED321E0" xlink:to="lab_us-gaap_DeferredTaxAssetsOther_C7619AAF369C4090843D4CC95ED321E0" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsGross_ACA0972E0ABFF3E5E9B04CC95ED36582_totalLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsGross_ACA0972E0ABFF3E5E9B04CC95ED36582" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total deferred tax assets</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsGross_ACA0972E0ABFF3E5E9B04CC95ED36582_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsGross_ACA0972E0ABFF3E5E9B04CC95ED36582" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="loc_us-gaap_DeferredTaxAssetsGross_ACA0972E0ABFF3E5E9B04CC95ED36582" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsGross_ACA0972E0ABFF3E5E9B04CC95ED36582" xlink:to="lab_us-gaap_DeferredTaxAssetsGross_ACA0972E0ABFF3E5E9B04CC95ED36582" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsValuationAllowance_A520694F4503171EB4594CC95ED46A3A_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsValuationAllowance_A520694F4503171EB4594CC95ED46A3A" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Less valuation allowance</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsValuationAllowance_A520694F4503171EB4594CC95ED46A3A_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsValuationAllowance_A520694F4503171EB4594CC95ED46A3A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Valuation Allowance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="loc_us-gaap_DeferredTaxAssetsValuationAllowance_A520694F4503171EB4594CC95ED46A3A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsValuationAllowance_A520694F4503171EB4594CC95ED46A3A" xlink:to="lab_us-gaap_DeferredTaxAssetsValuationAllowance_A520694F4503171EB4594CC95ED46A3A" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsNet_13577F94243ED3AAE3FD4CC95ED48E4A_totalLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsNet_13577F94243ED3AAE3FD4CC95ED48E4A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net deferred tax assets</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsNet_13577F94243ED3AAE3FD4CC95ED48E4A_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsNet_13577F94243ED3AAE3FD4CC95ED48E4A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Net of Valuation Allowance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="loc_us-gaap_DeferredTaxAssetsNet_13577F94243ED3AAE3FD4CC95ED48E4A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_13577F94243ED3AAE3FD4CC95ED48E4A" xlink:to="lab_us-gaap_DeferredTaxAssetsNet_13577F94243ED3AAE3FD4CC95ED48E4A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_80BFDF22B20B759636B94CC95ED47B59_terseLabel_en-US" xlink:label="lab_us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_80BFDF22B20B759636B94CC95ED47B59" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities:</link:label>
    <link:label id="lab_us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_80BFDF22B20B759636B94CC95ED47B59_label_en-US" xlink:label="lab_us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_80BFDF22B20B759636B94CC95ED47B59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of Deferred Tax Liabilities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract" xlink:label="loc_us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_80BFDF22B20B759636B94CC95ED47B59" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_80BFDF22B20B759636B94CC95ED47B59" xlink:to="lab_us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_80BFDF22B20B759636B94CC95ED47B59" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_D905703BCFC9CB94D1844CC95ED4752A_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_D905703BCFC9CB94D1844CC95ED4752A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed assets</link:label>
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_D905703BCFC9CB94D1844CC95ED4752A_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_D905703BCFC9CB94D1844CC95ED4752A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Property, Plant and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_D905703BCFC9CB94D1844CC95ED4752A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_D905703BCFC9CB94D1844CC95ED4752A" xlink:to="lab_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_D905703BCFC9CB94D1844CC95ED4752A" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxLiabilities_D518F36A30798703B2C54CC95ED4D8A1_negatedTotalLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilities_D518F36A30798703B2C54CC95ED4D8A1" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Net deferred tax liabilities</link:label>
    <link:label id="lab_us-gaap_DeferredTaxLiabilities_D518F36A30798703B2C54CC95ED4D8A1_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilities_D518F36A30798703B2C54CC95ED4D8A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="loc_us-gaap_DeferredTaxLiabilities_D518F36A30798703B2C54CC95ED4D8A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilities_D518F36A30798703B2C54CC95ED4D8A1" xlink:to="lab_us-gaap_DeferredTaxLiabilities_D518F36A30798703B2C54CC95ED4D8A1" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_B2FB4C46E78B86B33CB55E52FABE40F1_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_B2FB4C46E78B86B33CB55E52FABE40F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PROPERTY, PLANT AND EQUIPMENT, NET</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_B2FB4C46E78B86B33CB55E52FABE40F1_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_B2FB4C46E78B86B33CB55E52FABE40F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_B2FB4C46E78B86B33CB55E52FABE40F1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_B2FB4C46E78B86B33CB55E52FABE40F1" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_B2FB4C46E78B86B33CB55E52FABE40F1" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_50E79B33C3B11FE393165E50EB90DBD1_label_en-US" xlink:label="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_50E79B33C3B11FE393165E50EB90DBD1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Comprehensive Income [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="loc_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_50E79B33C3B11FE393165E50EB90DBD1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_50E79B33C3B11FE393165E50EB90DBD1" xlink:to="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_50E79B33C3B11FE393165E50EB90DBD1" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_253AB5960C7F771275EC5E50EB90AA14_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_253AB5960C7F771275EC5E50EB90AA14" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive (loss) income:</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_253AB5960C7F771275EC5E50EB90AA14_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_253AB5960C7F771275EC5E50EB90AA14" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Net of Tax [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_253AB5960C7F771275EC5E50EB90AA14" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_253AB5960C7F771275EC5E50EB90AA14" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_253AB5960C7F771275EC5E50EB90AA14" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_432129AE9B3FB52563F85E50EB9075FE_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_432129AE9B3FB52563F85E50EB9075FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in fair value of cash flow hedge</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_432129AE9B3FB52563F85E50EB9075FE_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_432129AE9B3FB52563F85E50EB9075FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_432129AE9B3FB52563F85E50EB9075FE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_432129AE9B3FB52563F85E50EB9075FE" xlink:to="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_432129AE9B3FB52563F85E50EB9075FE" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_B96B62207BA649CB3A495E50EB902812_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_B96B62207BA649CB3A495E50EB902812" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in fair value of available-for-sale securities</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_B96B62207BA649CB3A495E50EB902812_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_B96B62207BA649CB3A495E50EB902812" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_B96B62207BA649CB3A495E50EB902812" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_B96B62207BA649CB3A495E50EB902812" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_B96B62207BA649CB3A495E50EB902812" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_FF019FF2753D7B1E248C5E50EB906FE5_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_FF019FF2753D7B1E248C5E50EB906FE5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Comprehensive (loss) income</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_FF019FF2753D7B1E248C5E50EB906FE5_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_FF019FF2753D7B1E248C5E50EB906FE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_FF019FF2753D7B1E248C5E50EB906FE5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_FF019FF2753D7B1E248C5E50EB906FE5" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_FF019FF2753D7B1E248C5E50EB906FE5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_239600E27D0151AB2E845E50EB91B2E9_terseLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_239600E27D0151AB2E845E50EB91B2E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Comprehensive loss attributable to non-controlling interest</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_239600E27D0151AB2E845E50EB91B2E9_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_239600E27D0151AB2E845E50EB91B2E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_239600E27D0151AB2E845E50EB91B2E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_239600E27D0151AB2E845E50EB91B2E9" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_239600E27D0151AB2E845E50EB91B2E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_2CAF83540BA10C7829405E50EB91E00E_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_2CAF83540BA10C7829405E50EB91E00E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Comprehensive (loss) income attributable to shareholders</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_2CAF83540BA10C7829405E50EB91E00E_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_2CAF83540BA10C7829405E50EB91E00E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_2CAF83540BA10C7829405E50EB91E00E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_2CAF83540BA10C7829405E50EB91E00E" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTax_2CAF83540BA10C7829405E50EB91E00E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConstructionInProgressMember_8434587ECB22ADAC522F42AD4919098B_terseLabel_en-US" xlink:label="lab_us-gaap_ConstructionInProgressMember_8434587ECB22ADAC522F42AD4919098B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Construction in progress</link:label>
    <link:label id="lab_us-gaap_ConstructionInProgressMember_8434587ECB22ADAC522F42AD4919098B_label_en-US" xlink:label="lab_us-gaap_ConstructionInProgressMember_8434587ECB22ADAC522F42AD4919098B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Construction in Progress [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConstructionInProgressMember" xlink:label="loc_us-gaap_ConstructionInProgressMember_8434587ECB22ADAC522F42AD4919098B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConstructionInProgressMember_8434587ECB22ADAC522F42AD4919098B" xlink:to="lab_us-gaap_ConstructionInProgressMember_8434587ECB22ADAC522F42AD4919098B" xlink:type="arc" />
    <link:label id="lab_us-gaap_BuildingAndBuildingImprovementsMember_7062909DBE5E2822B64A42AD4919E3BB_verboseLabel_en-US" xlink:label="lab_us-gaap_BuildingAndBuildingImprovementsMember_7062909DBE5E2822B64A42AD4919E3BB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Buildings and improvements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BuildingAndBuildingImprovementsMember" xlink:label="loc_us-gaap_BuildingAndBuildingImprovementsMember_7062909DBE5E2822B64A42AD4919E3BB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BuildingAndBuildingImprovementsMember_7062909DBE5E2822B64A42AD4919E3BB" xlink:to="lab_us-gaap_BuildingAndBuildingImprovementsMember_7062909DBE5E2822B64A42AD4919E3BB" xlink:type="arc" />
    <link:label id="lab_us-gaap_EnergyEquipmentMember_FED6F90FE40ABEF5CCCC42AD49194DB1_terseLabel_en-US" xlink:label="lab_us-gaap_EnergyEquipmentMember_FED6F90FE40ABEF5CCCC42AD49194DB1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Crude oil terminal machinery and equipment</link:label>
    <link:label id="lab_us-gaap_EnergyEquipmentMember_FED6F90FE40ABEF5CCCC42AD49194DB1_label_en-US" xlink:label="lab_us-gaap_EnergyEquipmentMember_FED6F90FE40ABEF5CCCC42AD49194DB1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Energy Equipment [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EnergyEquipmentMember" xlink:label="loc_us-gaap_EnergyEquipmentMember_FED6F90FE40ABEF5CCCC42AD49194DB1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EnergyEquipmentMember_FED6F90FE40ABEF5CCCC42AD49194DB1" xlink:to="lab_us-gaap_EnergyEquipmentMember_FED6F90FE40ABEF5CCCC42AD49194DB1" xlink:type="arc" />
    <link:label id="lab_us-gaap_PublicUtilitiesInventoryReplacementPartsMember_0E8E57B6C5789DCDA12542AD49194002_terseLabel_en-US" xlink:label="lab_us-gaap_PublicUtilitiesInventoryReplacementPartsMember_0E8E57B6C5789DCDA12542AD49194002" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Spare parts</link:label>
    <link:label id="lab_us-gaap_PublicUtilitiesInventoryReplacementPartsMember_0E8E57B6C5789DCDA12542AD49194002_label_en-US" xlink:label="lab_us-gaap_PublicUtilitiesInventoryReplacementPartsMember_0E8E57B6C5789DCDA12542AD49194002" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Replacement Parts [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PublicUtilitiesInventoryReplacementPartsMember" xlink:label="loc_us-gaap_PublicUtilitiesInventoryReplacementPartsMember_0E8E57B6C5789DCDA12542AD49194002" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PublicUtilitiesInventoryReplacementPartsMember_0E8E57B6C5789DCDA12542AD49194002" xlink:to="lab_us-gaap_PublicUtilitiesInventoryReplacementPartsMember_0E8E57B6C5789DCDA12542AD49194002" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentGross_A2ECA363D2F15E36949D42AD49195D01_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGross_A2ECA363D2F15E36949D42AD49195D01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment, gross</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentGross_A2ECA363D2F15E36949D42AD49195D01_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGross_A2ECA363D2F15E36949D42AD49195D01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentGross" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentGross_A2ECA363D2F15E36949D42AD49195D01" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentGross_A2ECA363D2F15E36949D42AD49195D01" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentGross_A2ECA363D2F15E36949D42AD49195D01" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_65BF8BB9D139497A9D3742AD4919A8FE_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_65BF8BB9D139497A9D3742AD4919A8FE" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Less: Accumulated depreciation</link:label>
    <link:label id="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_65BF8BB9D139497A9D3742AD4919A8FE_label_en-US" xlink:label="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_65BF8BB9D139497A9D3742AD4919A8FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_65BF8BB9D139497A9D3742AD4919A8FE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_65BF8BB9D139497A9D3742AD4919A8FE" xlink:to="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_65BF8BB9D139497A9D3742AD4919A8FE" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_20CA68337EF0ADBE451542AD49196AFC_verboseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_20CA68337EF0ADBE451542AD49196AFC" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_20CA68337EF0ADBE451542AD49196AFC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_20CA68337EF0ADBE451542AD49196AFC" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet_20CA68337EF0ADBE451542AD49196AFC" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionsAbstract_9BC7AB2DDB21802C14C95E3A0AF77693_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsAbstract_9BC7AB2DDB21802C14C95E3A0AF77693" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transactions [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="loc_us-gaap_RelatedPartyTransactionsAbstract_9BC7AB2DDB21802C14C95E3A0AF77693" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionsAbstract_9BC7AB2DDB21802C14C95E3A0AF77693" xlink:to="lab_us-gaap_RelatedPartyTransactionsAbstract_9BC7AB2DDB21802C14C95E3A0AF77693" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_6BA523CC0366467742425E3A0AF7ECED_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_6BA523CC0366467742425E3A0AF7ECED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Related Party Transactions, by Related Party [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_6BA523CC0366467742425E3A0AF7ECED_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_6BA523CC0366467742425E3A0AF7ECED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Related Party Transactions, by Related Party [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="loc_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_6BA523CC0366467742425E3A0AF7ECED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_6BA523CC0366467742425E3A0AF7ECED" xlink:to="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_6BA523CC0366467742425E3A0AF7ECED" xlink:type="arc" />
    <link:label id="lab_ftai_IncomeIncentiveAllocationThresholdAxis_F6595DC8DD707D6A43E15E3A0AF71318_terseLabel_en-US" xlink:label="lab_ftai_IncomeIncentiveAllocationThresholdAxis_F6595DC8DD707D6A43E15E3A0AF71318" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Incentive Allocation Threshold [Axis]</link:label>
    <link:label id="lab_ftai_IncomeIncentiveAllocationThresholdAxis_F6595DC8DD707D6A43E15E3A0AF71318_label_en-US" xlink:label="lab_ftai_IncomeIncentiveAllocationThresholdAxis_F6595DC8DD707D6A43E15E3A0AF71318" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Incentive Allocation Threshold [Axis]</link:label>
    <link:label id="lab_ftai_IncomeIncentiveAllocationThresholdAxis_F6595DC8DD707D6A43E15E3A0AF71318_documentation_en-US" xlink:label="lab_ftai_IncomeIncentiveAllocationThresholdAxis_F6595DC8DD707D6A43E15E3A0AF71318" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income Incentive Allocation Threshold [Axis]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_IncomeIncentiveAllocationThresholdAxis" xlink:label="loc_ftai_IncomeIncentiveAllocationThresholdAxis_F6595DC8DD707D6A43E15E3A0AF71318" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_IncomeIncentiveAllocationThresholdAxis_F6595DC8DD707D6A43E15E3A0AF71318" xlink:to="lab_ftai_IncomeIncentiveAllocationThresholdAxis_F6595DC8DD707D6A43E15E3A0AF71318" xlink:type="arc" />
    <link:label id="lab_ftai_IncomeIncentiveAllocationThresholdDomain_2378BDA7C0E8FC7672795E3A0AF70F96_terseLabel_en-US" xlink:label="lab_ftai_IncomeIncentiveAllocationThresholdDomain_2378BDA7C0E8FC7672795E3A0AF70F96" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Incentive Allocation Threshold [Domain]</link:label>
    <link:label id="lab_ftai_IncomeIncentiveAllocationThresholdDomain_2378BDA7C0E8FC7672795E3A0AF70F96_label_en-US" xlink:label="lab_ftai_IncomeIncentiveAllocationThresholdDomain_2378BDA7C0E8FC7672795E3A0AF70F96" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Incentive Allocation Threshold [Domain]</link:label>
    <link:label id="lab_ftai_IncomeIncentiveAllocationThresholdDomain_2378BDA7C0E8FC7672795E3A0AF70F96_documentation_en-US" xlink:label="lab_ftai_IncomeIncentiveAllocationThresholdDomain_2378BDA7C0E8FC7672795E3A0AF70F96" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Domain] for Income Incentive Allocation Threshold [Axis]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_IncomeIncentiveAllocationThresholdDomain" xlink:label="loc_ftai_IncomeIncentiveAllocationThresholdDomain_2378BDA7C0E8FC7672795E3A0AF70F96" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_IncomeIncentiveAllocationThresholdDomain_2378BDA7C0E8FC7672795E3A0AF70F96" xlink:to="lab_ftai_IncomeIncentiveAllocationThresholdDomain_2378BDA7C0E8FC7672795E3A0AF70F96" xlink:type="arc" />
    <link:label id="lab_ftai_Threshold1Member_39DC6CD8E5328A54119A5E3A0AF7AEC9_terseLabel_en-US" xlink:label="lab_ftai_Threshold1Member_39DC6CD8E5328A54119A5E3A0AF7AEC9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Threshold 1 [Member]</link:label>
    <link:label id="lab_ftai_Threshold1Member_39DC6CD8E5328A54119A5E3A0AF7AEC9_label_en-US" xlink:label="lab_ftai_Threshold1Member_39DC6CD8E5328A54119A5E3A0AF7AEC9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Threshold 1 [Member]</link:label>
    <link:label id="lab_ftai_Threshold1Member_39DC6CD8E5328A54119A5E3A0AF7AEC9_documentation_en-US" xlink:label="lab_ftai_Threshold1Member_39DC6CD8E5328A54119A5E3A0AF7AEC9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Threshold 1 [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_Threshold1Member" xlink:label="loc_ftai_Threshold1Member_39DC6CD8E5328A54119A5E3A0AF7AEC9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_Threshold1Member_39DC6CD8E5328A54119A5E3A0AF7AEC9" xlink:to="lab_ftai_Threshold1Member_39DC6CD8E5328A54119A5E3A0AF7AEC9" xlink:type="arc" />
    <link:label id="lab_ftai_Threshold2Member_ECA9BB142EBA671AB86E5E3A0AF73561_terseLabel_en-US" xlink:label="lab_ftai_Threshold2Member_ECA9BB142EBA671AB86E5E3A0AF73561" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Threshold 2 [Member]</link:label>
    <link:label id="lab_ftai_Threshold2Member_ECA9BB142EBA671AB86E5E3A0AF73561_label_en-US" xlink:label="lab_ftai_Threshold2Member_ECA9BB142EBA671AB86E5E3A0AF73561" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Threshold 2 [Member]</link:label>
    <link:label id="lab_ftai_Threshold2Member_ECA9BB142EBA671AB86E5E3A0AF73561_documentation_en-US" xlink:label="lab_ftai_Threshold2Member_ECA9BB142EBA671AB86E5E3A0AF73561" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Threshold 2 [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_Threshold2Member" xlink:label="loc_ftai_Threshold2Member_ECA9BB142EBA671AB86E5E3A0AF73561" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_Threshold2Member_ECA9BB142EBA671AB86E5E3A0AF73561" xlink:to="lab_ftai_Threshold2Member_ECA9BB142EBA671AB86E5E3A0AF73561" xlink:type="arc" />
    <link:label id="lab_ftai_Threshold3Member_F336AE33CE7B81570CC45E3A0AF7C09F_terseLabel_en-US" xlink:label="lab_ftai_Threshold3Member_F336AE33CE7B81570CC45E3A0AF7C09F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Threshold 3 [Member]</link:label>
    <link:label id="lab_ftai_Threshold3Member_F336AE33CE7B81570CC45E3A0AF7C09F_label_en-US" xlink:label="lab_ftai_Threshold3Member_F336AE33CE7B81570CC45E3A0AF7C09F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Threshold 3 [Member]</link:label>
    <link:label id="lab_ftai_Threshold3Member_F336AE33CE7B81570CC45E3A0AF7C09F_documentation_en-US" xlink:label="lab_ftai_Threshold3Member_F336AE33CE7B81570CC45E3A0AF7C09F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Threshold 3 [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_Threshold3Member" xlink:label="loc_ftai_Threshold3Member_F336AE33CE7B81570CC45E3A0AF7C09F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_Threshold3Member_F336AE33CE7B81570CC45E3A0AF7C09F" xlink:to="lab_ftai_Threshold3Member_F336AE33CE7B81570CC45E3A0AF7C09F" xlink:type="arc" />
    <link:label id="lab_us-gaap_BalanceSheetLocationAxis_161603ECF90F0C01B2FF5E3A0AF792C0_terseLabel_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationAxis_161603ECF90F0C01B2FF5E3A0AF792C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Axis]</link:label>
    <link:label id="lab_us-gaap_BalanceSheetLocationAxis_161603ECF90F0C01B2FF5E3A0AF792C0_label_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationAxis_161603ECF90F0C01B2FF5E3A0AF792C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="loc_us-gaap_BalanceSheetLocationAxis_161603ECF90F0C01B2FF5E3A0AF792C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BalanceSheetLocationAxis_161603ECF90F0C01B2FF5E3A0AF792C0" xlink:to="lab_us-gaap_BalanceSheetLocationAxis_161603ECF90F0C01B2FF5E3A0AF792C0" xlink:type="arc" />
    <link:label id="lab_us-gaap_BalanceSheetLocationDomain_C8B445CE0B5AEAF947365E3A0AF856B5_terseLabel_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationDomain_C8B445CE0B5AEAF947365E3A0AF856B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Domain]</link:label>
    <link:label id="lab_us-gaap_BalanceSheetLocationDomain_C8B445CE0B5AEAF947365E3A0AF856B5_label_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationDomain_C8B445CE0B5AEAF947365E3A0AF856B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="loc_us-gaap_BalanceSheetLocationDomain_C8B445CE0B5AEAF947365E3A0AF856B5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BalanceSheetLocationDomain_C8B445CE0B5AEAF947365E3A0AF856B5" xlink:to="lab_us-gaap_BalanceSheetLocationDomain_C8B445CE0B5AEAF947365E3A0AF856B5" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesMember_074F7C0931631693C91D5E3A0AF88E47_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesMember_074F7C0931631693C91D5E3A0AF88E47" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts Payable and Accrued Liabilities</link:label>
    <link:label id="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesMember_074F7C0931631693C91D5E3A0AF88E47_label_en-US" xlink:label="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesMember_074F7C0931631693C91D5E3A0AF88E47" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Payable and Accrued Liabilities [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesMember" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesMember_074F7C0931631693C91D5E3A0AF88E47" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesMember_074F7C0931631693C91D5E3A0AF88E47" xlink:to="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesMember_074F7C0931631693C91D5E3A0AF88E47" xlink:type="arc" />
    <link:label id="lab_us-gaap_AffiliatedEntityMember_1AFD2EB2AACD8E1418E35E3A0AF8454C_terseLabel_en-US" xlink:label="lab_us-gaap_AffiliatedEntityMember_1AFD2EB2AACD8E1418E35E3A0AF8454C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Manager</link:label>
    <link:label id="lab_us-gaap_AffiliatedEntityMember_1AFD2EB2AACD8E1418E35E3A0AF8454C_label_en-US" xlink:label="lab_us-gaap_AffiliatedEntityMember_1AFD2EB2AACD8E1418E35E3A0AF8454C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Affiliated Entity [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AffiliatedEntityMember" xlink:label="loc_us-gaap_AffiliatedEntityMember_1AFD2EB2AACD8E1418E35E3A0AF8454C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AffiliatedEntityMember_1AFD2EB2AACD8E1418E35E3A0AF8454C" xlink:to="lab_us-gaap_AffiliatedEntityMember_1AFD2EB2AACD8E1418E35E3A0AF8454C" xlink:type="arc" />
    <link:label id="lab_us-gaap_GeneralPartnerMember_889C913DA03C7AC91EA25E3A0AF85D56_terseLabel_en-US" xlink:label="lab_us-gaap_GeneralPartnerMember_889C913DA03C7AC91EA25E3A0AF85D56" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">General Partner</link:label>
    <link:label id="lab_us-gaap_GeneralPartnerMember_889C913DA03C7AC91EA25E3A0AF85D56_label_en-US" xlink:label="lab_us-gaap_GeneralPartnerMember_889C913DA03C7AC91EA25E3A0AF85D56" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">General Partner [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GeneralPartnerMember" xlink:label="loc_us-gaap_GeneralPartnerMember_889C913DA03C7AC91EA25E3A0AF85D56" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GeneralPartnerMember_889C913DA03C7AC91EA25E3A0AF85D56" xlink:to="lab_us-gaap_GeneralPartnerMember_889C913DA03C7AC91EA25E3A0AF85D56" xlink:type="arc" />
    <link:label id="lab_ftai_FortressWorldwideTransportationandInfrastructureMasterGPLLPMember_DB0EB54D3A19F4B9579F5E3A0AF817C4_terseLabel_en-US" xlink:label="lab_ftai_FortressWorldwideTransportationandInfrastructureMasterGPLLPMember_DB0EB54D3A19F4B9579F5E3A0AF817C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fortress Worldwide Transportation and Infrastructure Master GP LLP</link:label>
    <link:label id="lab_ftai_FortressWorldwideTransportationandInfrastructureMasterGPLLPMember_DB0EB54D3A19F4B9579F5E3A0AF817C4_label_en-US" xlink:label="lab_ftai_FortressWorldwideTransportationandInfrastructureMasterGPLLPMember_DB0EB54D3A19F4B9579F5E3A0AF817C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fortress Worldwide Transportation and Infrastructure Master GP LLP [Member]</link:label>
    <link:label id="lab_ftai_FortressWorldwideTransportationandInfrastructureMasterGPLLPMember_DB0EB54D3A19F4B9579F5E3A0AF817C4_documentation_en-US" xlink:label="lab_ftai_FortressWorldwideTransportationandInfrastructureMasterGPLLPMember_DB0EB54D3A19F4B9579F5E3A0AF817C4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fortress Worldwide Transportation and Infrastructure Master GP LLP</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_FortressWorldwideTransportationandInfrastructureMasterGPLLPMember" xlink:label="loc_ftai_FortressWorldwideTransportationandInfrastructureMasterGPLLPMember_DB0EB54D3A19F4B9579F5E3A0AF817C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_FortressWorldwideTransportationandInfrastructureMasterGPLLPMember_DB0EB54D3A19F4B9579F5E3A0AF817C4" xlink:to="lab_ftai_FortressWorldwideTransportationandInfrastructureMasterGPLLPMember_DB0EB54D3A19F4B9579F5E3A0AF817C4" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionAxis_C12EB308B7D3F43607A95E3A0AF83FE0_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionAxis_C12EB308B7D3F43607A95E3A0AF83FE0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Axis]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionAxis_C12EB308B7D3F43607A95E3A0AF83FE0_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionAxis_C12EB308B7D3F43607A95E3A0AF83FE0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="loc_us-gaap_RelatedPartyTransactionAxis_C12EB308B7D3F43607A95E3A0AF83FE0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionAxis_C12EB308B7D3F43607A95E3A0AF83FE0" xlink:to="lab_us-gaap_RelatedPartyTransactionAxis_C12EB308B7D3F43607A95E3A0AF83FE0" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionDomain_0BFB24ECF16E6F6592765E3A0AF8EB67_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDomain_0BFB24ECF16E6F6592765E3A0AF8EB67" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Domain]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionDomain_0BFB24ECF16E6F6592765E3A0AF8EB67_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDomain_0BFB24ECF16E6F6592765E3A0AF8EB67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="loc_us-gaap_RelatedPartyTransactionDomain_0BFB24ECF16E6F6592765E3A0AF8EB67" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionDomain_0BFB24ECF16E6F6592765E3A0AF8EB67" xlink:to="lab_us-gaap_RelatedPartyTransactionDomain_0BFB24ECF16E6F6592765E3A0AF8EB67" xlink:type="arc" />
    <link:label id="lab_ftai_PreIPOManagementFeesMember_3B107C23160CC9B620ED5E3A0AF8E39B_terseLabel_en-US" xlink:label="lab_ftai_PreIPOManagementFeesMember_3B107C23160CC9B620ED5E3A0AF8E39B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pre-IPO Management Fees</link:label>
    <link:label id="lab_ftai_PreIPOManagementFeesMember_3B107C23160CC9B620ED5E3A0AF8E39B_label_en-US" xlink:label="lab_ftai_PreIPOManagementFeesMember_3B107C23160CC9B620ED5E3A0AF8E39B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pre-IPO Management Fees [Member]</link:label>
    <link:label id="lab_ftai_PreIPOManagementFeesMember_3B107C23160CC9B620ED5E3A0AF8E39B_documentation_en-US" xlink:label="lab_ftai_PreIPOManagementFeesMember_3B107C23160CC9B620ED5E3A0AF8E39B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Pre-IPO Management Fees [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_PreIPOManagementFeesMember" xlink:label="loc_ftai_PreIPOManagementFeesMember_3B107C23160CC9B620ED5E3A0AF8E39B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_PreIPOManagementFeesMember_3B107C23160CC9B620ED5E3A0AF8E39B" xlink:to="lab_ftai_PreIPOManagementFeesMember_3B107C23160CC9B620ED5E3A0AF8E39B" xlink:type="arc" />
    <link:label id="lab_ftai_ManagementFeesMember_9DF7A3CB60FFFB7BD4C25E3A0AF8D106_terseLabel_en-US" xlink:label="lab_ftai_ManagementFeesMember_9DF7A3CB60FFFB7BD4C25E3A0AF8D106" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Management fees</link:label>
    <link:label id="lab_ftai_ManagementFeesMember_9DF7A3CB60FFFB7BD4C25E3A0AF8D106_label_en-US" xlink:label="lab_ftai_ManagementFeesMember_9DF7A3CB60FFFB7BD4C25E3A0AF8D106" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Management Fees [Member]</link:label>
    <link:label id="lab_ftai_ManagementFeesMember_9DF7A3CB60FFFB7BD4C25E3A0AF8D106_documentation_en-US" xlink:label="lab_ftai_ManagementFeesMember_9DF7A3CB60FFFB7BD4C25E3A0AF8D106" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Management Fees [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ManagementFeesMember" xlink:label="loc_ftai_ManagementFeesMember_9DF7A3CB60FFFB7BD4C25E3A0AF8D106" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ManagementFeesMember_9DF7A3CB60FFFB7BD4C25E3A0AF8D106" xlink:to="lab_ftai_ManagementFeesMember_9DF7A3CB60FFFB7BD4C25E3A0AF8D106" xlink:type="arc" />
    <link:label id="lab_ftai_PostIPOManagementFeesMember_F07975D1F61057E8E5365E3A0AF8BE69_terseLabel_en-US" xlink:label="lab_ftai_PostIPOManagementFeesMember_F07975D1F61057E8E5365E3A0AF8BE69" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Post IPO Management Fees</link:label>
    <link:label id="lab_ftai_PostIPOManagementFeesMember_F07975D1F61057E8E5365E3A0AF8BE69_label_en-US" xlink:label="lab_ftai_PostIPOManagementFeesMember_F07975D1F61057E8E5365E3A0AF8BE69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Post IPO Management Fees [Member]</link:label>
    <link:label id="lab_ftai_PostIPOManagementFeesMember_F07975D1F61057E8E5365E3A0AF8BE69_documentation_en-US" xlink:label="lab_ftai_PostIPOManagementFeesMember_F07975D1F61057E8E5365E3A0AF8BE69" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Post IPO Management Fees [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_PostIPOManagementFeesMember" xlink:label="loc_ftai_PostIPOManagementFeesMember_F07975D1F61057E8E5365E3A0AF8BE69" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_PostIPOManagementFeesMember_F07975D1F61057E8E5365E3A0AF8BE69" xlink:to="lab_ftai_PostIPOManagementFeesMember_F07975D1F61057E8E5365E3A0AF8BE69" xlink:type="arc" />
    <link:label id="lab_ftai_IncomeIncentiveAllocationMember_5CFA441EE91CB125E2DD5E3A0AF8549F_terseLabel_en-US" xlink:label="lab_ftai_IncomeIncentiveAllocationMember_5CFA441EE91CB125E2DD5E3A0AF8549F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Incentive Allocation [Member]</link:label>
    <link:label id="lab_ftai_IncomeIncentiveAllocationMember_5CFA441EE91CB125E2DD5E3A0AF8549F_label_en-US" xlink:label="lab_ftai_IncomeIncentiveAllocationMember_5CFA441EE91CB125E2DD5E3A0AF8549F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Incentive Allocation [Member]</link:label>
    <link:label id="lab_ftai_IncomeIncentiveAllocationMember_5CFA441EE91CB125E2DD5E3A0AF8549F_documentation_en-US" xlink:label="lab_ftai_IncomeIncentiveAllocationMember_5CFA441EE91CB125E2DD5E3A0AF8549F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income Incentive Allocation [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_IncomeIncentiveAllocationMember" xlink:label="loc_ftai_IncomeIncentiveAllocationMember_5CFA441EE91CB125E2DD5E3A0AF8549F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_IncomeIncentiveAllocationMember_5CFA441EE91CB125E2DD5E3A0AF8549F" xlink:to="lab_ftai_IncomeIncentiveAllocationMember_5CFA441EE91CB125E2DD5E3A0AF8549F" xlink:type="arc" />
    <link:label id="lab_ftai_CapitalGainsIncentiveAllocationMember_26EE4069C1EFED5AFB745E3A0AF85D0F_terseLabel_en-US" xlink:label="lab_ftai_CapitalGainsIncentiveAllocationMember_26EE4069C1EFED5AFB745E3A0AF85D0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital gains incentive allocation</link:label>
    <link:label id="lab_ftai_CapitalGainsIncentiveAllocationMember_26EE4069C1EFED5AFB745E3A0AF85D0F_label_en-US" xlink:label="lab_ftai_CapitalGainsIncentiveAllocationMember_26EE4069C1EFED5AFB745E3A0AF85D0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Gains Incentive Allocation [Member]</link:label>
    <link:label id="lab_ftai_CapitalGainsIncentiveAllocationMember_26EE4069C1EFED5AFB745E3A0AF85D0F_documentation_en-US" xlink:label="lab_ftai_CapitalGainsIncentiveAllocationMember_26EE4069C1EFED5AFB745E3A0AF85D0F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital Gains Incentive Allocation [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CapitalGainsIncentiveAllocationMember" xlink:label="loc_ftai_CapitalGainsIncentiveAllocationMember_26EE4069C1EFED5AFB745E3A0AF85D0F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CapitalGainsIncentiveAllocationMember_26EE4069C1EFED5AFB745E3A0AF85D0F" xlink:to="lab_ftai_CapitalGainsIncentiveAllocationMember_26EE4069C1EFED5AFB745E3A0AF85D0F" xlink:type="arc" />
    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpenseMember_9BD2380D4C601D01C1245E3A0AF8E034_terseLabel_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpenseMember_9BD2380D4C601D01C1245E3A0AF8E034" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">General and administrative expense</link:label>
    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpenseMember_9BD2380D4C601D01C1245E3A0AF8E034_label_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpenseMember_9BD2380D4C601D01C1245E3A0AF8E034" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">General and Administrative Expense [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GeneralAndAdministrativeExpenseMember" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpenseMember_9BD2380D4C601D01C1245E3A0AF8E034" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GeneralAndAdministrativeExpenseMember_9BD2380D4C601D01C1245E3A0AF8E034" xlink:to="lab_us-gaap_GeneralAndAdministrativeExpenseMember_9BD2380D4C601D01C1245E3A0AF8E034" xlink:type="arc" />
    <link:label id="lab_ftai_AcquisitionandTransactionExpensesMember_970E0C330353E50EF4465E3A0AF9D3C6_terseLabel_en-US" xlink:label="lab_ftai_AcquisitionandTransactionExpensesMember_970E0C330353E50EF4465E3A0AF9D3C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisition and Transaction Expenses</link:label>
    <link:label id="lab_ftai_AcquisitionandTransactionExpensesMember_970E0C330353E50EF4465E3A0AF9D3C6_label_en-US" xlink:label="lab_ftai_AcquisitionandTransactionExpensesMember_970E0C330353E50EF4465E3A0AF9D3C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisition and Transaction Expenses [Member]</link:label>
    <link:label id="lab_ftai_AcquisitionandTransactionExpensesMember_970E0C330353E50EF4465E3A0AF9D3C6_documentation_en-US" xlink:label="lab_ftai_AcquisitionandTransactionExpensesMember_970E0C330353E50EF4465E3A0AF9D3C6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Acquisition and Transaction Expenses [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_AcquisitionandTransactionExpensesMember" xlink:label="loc_ftai_AcquisitionandTransactionExpensesMember_970E0C330353E50EF4465E3A0AF9D3C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_AcquisitionandTransactionExpensesMember_970E0C330353E50EF4465E3A0AF9D3C6" xlink:to="lab_ftai_AcquisitionandTransactionExpensesMember_970E0C330353E50EF4465E3A0AF9D3C6" xlink:type="arc" />
    <link:label id="lab_ftai_BondPurchaseAgreementGuaranteeFeesMember_A1DA059DCC18F495D8D45E3A0AF99DF5_terseLabel_en-US" xlink:label="lab_ftai_BondPurchaseAgreementGuaranteeFeesMember_A1DA059DCC18F495D8D45E3A0AF99DF5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bond Purchase Agreement Guarantee Fees</link:label>
    <link:label id="lab_ftai_BondPurchaseAgreementGuaranteeFeesMember_A1DA059DCC18F495D8D45E3A0AF99DF5_label_en-US" xlink:label="lab_ftai_BondPurchaseAgreementGuaranteeFeesMember_A1DA059DCC18F495D8D45E3A0AF99DF5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bond Purchase Agreement Guarantee Fees [Member]</link:label>
    <link:label id="lab_ftai_BondPurchaseAgreementGuaranteeFeesMember_A1DA059DCC18F495D8D45E3A0AF99DF5_documentation_en-US" xlink:label="lab_ftai_BondPurchaseAgreementGuaranteeFeesMember_A1DA059DCC18F495D8D45E3A0AF99DF5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bond Purchase Agreement Guarantee Fees [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_BondPurchaseAgreementGuaranteeFeesMember" xlink:label="loc_ftai_BondPurchaseAgreementGuaranteeFeesMember_A1DA059DCC18F495D8D45E3A0AF99DF5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_BondPurchaseAgreementGuaranteeFeesMember_A1DA059DCC18F495D8D45E3A0AF99DF5" xlink:to="lab_ftai_BondPurchaseAgreementGuaranteeFeesMember_A1DA059DCC18F495D8D45E3A0AF99DF5" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementScenarioAxis_20F7CA17520F3203FC795E3A0AF9FD21_terseLabel_en-US" xlink:label="lab_us-gaap_StatementScenarioAxis_20F7CA17520F3203FC795E3A0AF9FD21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Scenario [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementScenarioAxis_20F7CA17520F3203FC795E3A0AF9FD21_label_en-US" xlink:label="lab_us-gaap_StatementScenarioAxis_20F7CA17520F3203FC795E3A0AF9FD21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Scenario [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="loc_us-gaap_StatementScenarioAxis_20F7CA17520F3203FC795E3A0AF9FD21" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementScenarioAxis_20F7CA17520F3203FC795E3A0AF9FD21" xlink:to="lab_us-gaap_StatementScenarioAxis_20F7CA17520F3203FC795E3A0AF9FD21" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScenarioUnspecifiedDomain_41AAFF2F4ED85C5A43E45E3A0AF93367_terseLabel_en-US" xlink:label="lab_us-gaap_ScenarioUnspecifiedDomain_41AAFF2F4ED85C5A43E45E3A0AF93367" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Scenario, Unspecified [Domain]</link:label>
    <link:label id="lab_us-gaap_ScenarioUnspecifiedDomain_41AAFF2F4ED85C5A43E45E3A0AF93367_label_en-US" xlink:label="lab_us-gaap_ScenarioUnspecifiedDomain_41AAFF2F4ED85C5A43E45E3A0AF93367" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Scenario, Unspecified [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="loc_us-gaap_ScenarioUnspecifiedDomain_41AAFF2F4ED85C5A43E45E3A0AF93367" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScenarioUnspecifiedDomain_41AAFF2F4ED85C5A43E45E3A0AF93367" xlink:to="lab_us-gaap_ScenarioUnspecifiedDomain_41AAFF2F4ED85C5A43E45E3A0AF93367" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionLineItems_31766134B104ACAE51795E3A0AF9BE1C_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionLineItems_31766134B104ACAE51795E3A0AF9BE1C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Line Items]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionLineItems_31766134B104ACAE51795E3A0AF9BE1C_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionLineItems_31766134B104ACAE51795E3A0AF9BE1C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="loc_us-gaap_RelatedPartyTransactionLineItems_31766134B104ACAE51795E3A0AF9BE1C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionLineItems_31766134B104ACAE51795E3A0AF9BE1C" xlink:to="lab_us-gaap_RelatedPartyTransactionLineItems_31766134B104ACAE51795E3A0AF9BE1C" xlink:type="arc" />
    <link:label id="lab_ftai_ManagementFeePercentagewithCapitalCommitmentof100MillionorMore_66CFB88B18820012715E5E3A0AF97FC4_terseLabel_en-US" xlink:label="lab_ftai_ManagementFeePercentagewithCapitalCommitmentof100MillionorMore_66CFB88B18820012715E5E3A0AF97FC4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Management fee percentage with capital commitment of at least $100 million</link:label>
    <link:label id="lab_ftai_ManagementFeePercentagewithCapitalCommitmentof100MillionorMore_66CFB88B18820012715E5E3A0AF97FC4_label_en-US" xlink:label="lab_ftai_ManagementFeePercentagewithCapitalCommitmentof100MillionorMore_66CFB88B18820012715E5E3A0AF97FC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Management Fee Percentage, with Capital Commitment of $100 Million or More</link:label>
    <link:label id="lab_ftai_ManagementFeePercentagewithCapitalCommitmentof100MillionorMore_66CFB88B18820012715E5E3A0AF97FC4_documentation_en-US" xlink:label="lab_ftai_ManagementFeePercentagewithCapitalCommitmentof100MillionorMore_66CFB88B18820012715E5E3A0AF97FC4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Management Fee Percentage, with Capital Commitment of $100 Million or More</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ManagementFeePercentagewithCapitalCommitmentof100MillionorMore" xlink:label="loc_ftai_ManagementFeePercentagewithCapitalCommitmentof100MillionorMore_66CFB88B18820012715E5E3A0AF97FC4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ManagementFeePercentagewithCapitalCommitmentof100MillionorMore_66CFB88B18820012715E5E3A0AF97FC4" xlink:to="lab_ftai_ManagementFeePercentagewithCapitalCommitmentof100MillionorMore_66CFB88B18820012715E5E3A0AF97FC4" xlink:type="arc" />
    <link:label id="lab_ftai_ManagementFeePercentagewithCapitalCommitmentofLessthan100Million_0FD98F20AC6AC22ACDD55E3A0AF9945F_terseLabel_en-US" xlink:label="lab_ftai_ManagementFeePercentagewithCapitalCommitmentofLessthan100Million_0FD98F20AC6AC22ACDD55E3A0AF9945F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Management fee percentage with capital commitment of less than $100 million</link:label>
    <link:label id="lab_ftai_ManagementFeePercentagewithCapitalCommitmentofLessthan100Million_0FD98F20AC6AC22ACDD55E3A0AF9945F_label_en-US" xlink:label="lab_ftai_ManagementFeePercentagewithCapitalCommitmentofLessthan100Million_0FD98F20AC6AC22ACDD55E3A0AF9945F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Management Fee Percentage, with Capital Commitment of Less than $100 Million</link:label>
    <link:label id="lab_ftai_ManagementFeePercentagewithCapitalCommitmentofLessthan100Million_0FD98F20AC6AC22ACDD55E3A0AF9945F_documentation_en-US" xlink:label="lab_ftai_ManagementFeePercentagewithCapitalCommitmentofLessthan100Million_0FD98F20AC6AC22ACDD55E3A0AF9945F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Management Fee Percentage, with Capital Commitment of Less than $100 Million</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ManagementFeePercentagewithCapitalCommitmentofLessthan100Million" xlink:label="loc_ftai_ManagementFeePercentagewithCapitalCommitmentofLessthan100Million_0FD98F20AC6AC22ACDD55E3A0AF9945F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ManagementFeePercentagewithCapitalCommitmentofLessthan100Million_0FD98F20AC6AC22ACDD55E3A0AF9945F" xlink:to="lab_ftai_ManagementFeePercentagewithCapitalCommitmentofLessthan100Million_0FD98F20AC6AC22ACDD55E3A0AF9945F" xlink:type="arc" />
    <link:label id="lab_ftai_InvestorCapitalCommitmentsAggregateAmountCommitted_9757CDBB3CB1E7D6E6075E3A0AF923B8_terseLabel_en-US" xlink:label="lab_ftai_InvestorCapitalCommitmentsAggregateAmountCommitted_9757CDBB3CB1E7D6E6075E3A0AF923B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investor Capital Commitments, Aggregate Amount Committed</link:label>
    <link:label id="lab_ftai_InvestorCapitalCommitmentsAggregateAmountCommitted_9757CDBB3CB1E7D6E6075E3A0AF923B8_label_en-US" xlink:label="lab_ftai_InvestorCapitalCommitmentsAggregateAmountCommitted_9757CDBB3CB1E7D6E6075E3A0AF923B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investor Capital Commitments, Aggregate Amount Committed</link:label>
    <link:label id="lab_ftai_InvestorCapitalCommitmentsAggregateAmountCommitted_9757CDBB3CB1E7D6E6075E3A0AF923B8_documentation_en-US" xlink:label="lab_ftai_InvestorCapitalCommitmentsAggregateAmountCommitted_9757CDBB3CB1E7D6E6075E3A0AF923B8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investor Capital Commitments, Aggregate Amount Committed</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_InvestorCapitalCommitmentsAggregateAmountCommitted" xlink:label="loc_ftai_InvestorCapitalCommitmentsAggregateAmountCommitted_9757CDBB3CB1E7D6E6075E3A0AF923B8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_InvestorCapitalCommitmentsAggregateAmountCommitted_9757CDBB3CB1E7D6E6075E3A0AF923B8" xlink:to="lab_ftai_InvestorCapitalCommitmentsAggregateAmountCommitted_9757CDBB3CB1E7D6E6075E3A0AF923B8" xlink:type="arc" />
    <link:label id="lab_us-gaap_DueToAffiliateCurrentAndNoncurrent_A7865C6FD1C5AA803CEE5E3A0AF9201E_terseLabel_en-US" xlink:label="lab_us-gaap_DueToAffiliateCurrentAndNoncurrent_A7865C6FD1C5AA803CEE5E3A0AF9201E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Management fee payable</link:label>
    <link:label id="lab_us-gaap_DueToAffiliateCurrentAndNoncurrent_A7865C6FD1C5AA803CEE5E3A0AF9201E_label_en-US" xlink:label="lab_us-gaap_DueToAffiliateCurrentAndNoncurrent_A7865C6FD1C5AA803CEE5E3A0AF9201E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Due to Affiliate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DueToAffiliateCurrentAndNoncurrent" xlink:label="loc_us-gaap_DueToAffiliateCurrentAndNoncurrent_A7865C6FD1C5AA803CEE5E3A0AF9201E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DueToAffiliateCurrentAndNoncurrent_A7865C6FD1C5AA803CEE5E3A0AF9201E" xlink:to="lab_us-gaap_DueToAffiliateCurrentAndNoncurrent_A7865C6FD1C5AA803CEE5E3A0AF9201E" xlink:type="arc" />
    <link:label id="lab_ftai_RelatedPartyTransactionManagementFeePercentFee_61465475934AF79DB2645E3A0AF96369_terseLabel_en-US" xlink:label="lab_ftai_RelatedPartyTransactionManagementFeePercentFee_61465475934AF79DB2645E3A0AF96369" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Management fee percentage rate</link:label>
    <link:label id="lab_ftai_RelatedPartyTransactionManagementFeePercentFee_61465475934AF79DB2645E3A0AF96369_label_en-US" xlink:label="lab_ftai_RelatedPartyTransactionManagementFeePercentFee_61465475934AF79DB2645E3A0AF96369" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Management Fee, Percent Fee</link:label>
    <link:label id="lab_ftai_RelatedPartyTransactionManagementFeePercentFee_61465475934AF79DB2645E3A0AF96369_documentation_en-US" xlink:label="lab_ftai_RelatedPartyTransactionManagementFeePercentFee_61465475934AF79DB2645E3A0AF96369" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Management Fee, Percent Fee</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RelatedPartyTransactionManagementFeePercentFee" xlink:label="loc_ftai_RelatedPartyTransactionManagementFeePercentFee_61465475934AF79DB2645E3A0AF96369" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RelatedPartyTransactionManagementFeePercentFee_61465475934AF79DB2645E3A0AF96369" xlink:to="lab_ftai_RelatedPartyTransactionManagementFeePercentFee_61465475934AF79DB2645E3A0AF96369" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsReceivableRelatedParties_A46D709BED1A92B0583E5E3A0AFAECBB_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableRelatedParties_A46D709BED1A92B0583E5E3A0AFAECBB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Due from related party</link:label>
    <link:label id="lab_us-gaap_AccountsReceivableRelatedParties_A46D709BED1A92B0583E5E3A0AFAECBB_label_en-US" xlink:label="lab_us-gaap_AccountsReceivableRelatedParties_A46D709BED1A92B0583E5E3A0AFAECBB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Receivable, Related Parties</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccountsReceivableRelatedParties" xlink:label="loc_us-gaap_AccountsReceivableRelatedParties_A46D709BED1A92B0583E5E3A0AFAECBB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsReceivableRelatedParties_A46D709BED1A92B0583E5E3A0AFAECBB" xlink:to="lab_us-gaap_AccountsReceivableRelatedParties_A46D709BED1A92B0583E5E3A0AFAECBB" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinorityInterest_B2433203BF22B3964D355E3A0AFA59A3_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterest_B2433203BF22B3964D355E3A0AFA59A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interest by private equity fund</link:label>
    <link:label id="lab_us-gaap_MinorityInterest_B2433203BF22B3964D355E3A0AFA59A3_label_en-US" xlink:label="lab_us-gaap_MinorityInterest_B2433203BF22B3964D355E3A0AFA59A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MinorityInterest" xlink:label="loc_us-gaap_MinorityInterest_B2433203BF22B3964D355E3A0AFA59A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterest_B2433203BF22B3964D355E3A0AFA59A3" xlink:to="lab_us-gaap_MinorityInterest_B2433203BF22B3964D355E3A0AFA59A3" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_98B9AC3710A56B44EC5F5E3A0AFAC9F7_verboseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_98B9AC3710A56B44EC5F5E3A0AFAC9F7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income (loss) attributable to non-controlling interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_98B9AC3710A56B44EC5F5E3A0AFAC9F7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_98B9AC3710A56B44EC5F5E3A0AFAC9F7" xlink:to="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_98B9AC3710A56B44EC5F5E3A0AFAC9F7" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionAmountsOfTransaction_C56E2A64364E5A157CFF5E3A0AFAC181_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionAmountsOfTransaction_C56E2A64364E5A157CFF5E3A0AFAC181" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Amounts of Transaction</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionAmountsOfTransaction_C56E2A64364E5A157CFF5E3A0AFAC181_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionAmountsOfTransaction_C56E2A64364E5A157CFF5E3A0AFAC181" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Amounts of Transaction</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RelatedPartyTransactionAmountsOfTransaction" xlink:label="loc_us-gaap_RelatedPartyTransactionAmountsOfTransaction_C56E2A64364E5A157CFF5E3A0AFAC181" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionAmountsOfTransaction_C56E2A64364E5A157CFF5E3A0AFAC181" xlink:to="lab_us-gaap_RelatedPartyTransactionAmountsOfTransaction_C56E2A64364E5A157CFF5E3A0AFAC181" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsPayableRelatedPartiesCurrentAndNoncurrent_E25A573E7E54257D79A55E3A0AFAAF50_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsPayableRelatedPartiesCurrentAndNoncurrent_E25A573E7E54257D79A55E3A0AFAAF50" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amounts payable to vendor</link:label>
    <link:label id="lab_us-gaap_AccountsPayableRelatedPartiesCurrentAndNoncurrent_E25A573E7E54257D79A55E3A0AFAAF50_label_en-US" xlink:label="lab_us-gaap_AccountsPayableRelatedPartiesCurrentAndNoncurrent_E25A573E7E54257D79A55E3A0AFAAF50" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Payable, Related Parties</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccountsPayableRelatedPartiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccountsPayableRelatedPartiesCurrentAndNoncurrent_E25A573E7E54257D79A55E3A0AFAAF50" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsPayableRelatedPartiesCurrentAndNoncurrent_E25A573E7E54257D79A55E3A0AFAAF50" xlink:to="lab_us-gaap_AccountsPayableRelatedPartiesCurrentAndNoncurrent_E25A573E7E54257D79A55E3A0AFAAF50" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdministrativeFeesExpense_3C4964145F6AFE9B13B85E3A0AFAC6F0_terseLabel_en-US" xlink:label="lab_us-gaap_AdministrativeFeesExpense_3C4964145F6AFE9B13B85E3A0AFAC6F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Administrative Fees Expense</link:label>
    <link:label id="lab_us-gaap_AdministrativeFeesExpense_3C4964145F6AFE9B13B85E3A0AFAC6F0_label_en-US" xlink:label="lab_us-gaap_AdministrativeFeesExpense_3C4964145F6AFE9B13B85E3A0AFAC6F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Administrative Fees Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AdministrativeFeesExpense" xlink:label="loc_us-gaap_AdministrativeFeesExpense_3C4964145F6AFE9B13B85E3A0AFAC6F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdministrativeFeesExpense_3C4964145F6AFE9B13B85E3A0AFAC6F0" xlink:to="lab_us-gaap_AdministrativeFeesExpense_3C4964145F6AFE9B13B85E3A0AFAC6F0" xlink:type="arc" />
    <link:label id="lab_ftai_IncentiveDistributionPercentage_55E86906782E8780346A5E3A0AFA35AF_terseLabel_en-US" xlink:label="lab_ftai_IncentiveDistributionPercentage_55E86906782E8780346A5E3A0AFA35AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Incentive Distribution Percentage</link:label>
    <link:label id="lab_ftai_IncentiveDistributionPercentage_55E86906782E8780346A5E3A0AFA35AF_label_en-US" xlink:label="lab_ftai_IncentiveDistributionPercentage_55E86906782E8780346A5E3A0AFA35AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Incentive Distribution Percentage</link:label>
    <link:label id="lab_ftai_IncentiveDistributionPercentage_55E86906782E8780346A5E3A0AFA35AF_documentation_en-US" xlink:label="lab_ftai_IncentiveDistributionPercentage_55E86906782E8780346A5E3A0AFA35AF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Incentive Distribution Percentage</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_IncentiveDistributionPercentage" xlink:label="loc_ftai_IncentiveDistributionPercentage_55E86906782E8780346A5E3A0AFA35AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_IncentiveDistributionPercentage_55E86906782E8780346A5E3A0AFA35AF" xlink:to="lab_ftai_IncentiveDistributionPercentage_55E86906782E8780346A5E3A0AFA35AF" xlink:type="arc" />
    <link:label id="lab_ftai_CumulativePreferredReturnPercentage_6157D1596513C1B341D05E3A0AFA1C7E_terseLabel_en-US" xlink:label="lab_ftai_CumulativePreferredReturnPercentage_6157D1596513C1B341D05E3A0AFA1C7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cumulative Preferred Return Percentage</link:label>
    <link:label id="lab_ftai_CumulativePreferredReturnPercentage_6157D1596513C1B341D05E3A0AFA1C7E_label_en-US" xlink:label="lab_ftai_CumulativePreferredReturnPercentage_6157D1596513C1B341D05E3A0AFA1C7E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cumulative Preferred Return Percentage</link:label>
    <link:label id="lab_ftai_CumulativePreferredReturnPercentage_6157D1596513C1B341D05E3A0AFA1C7E_documentation_en-US" xlink:label="lab_ftai_CumulativePreferredReturnPercentage_6157D1596513C1B341D05E3A0AFA1C7E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cumulative Preferred Return Percentage</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CumulativePreferredReturnPercentage" xlink:label="loc_ftai_CumulativePreferredReturnPercentage_6157D1596513C1B341D05E3A0AFA1C7E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CumulativePreferredReturnPercentage_6157D1596513C1B341D05E3A0AFA1C7E" xlink:to="lab_ftai_CumulativePreferredReturnPercentage_6157D1596513C1B341D05E3A0AFA1C7E" xlink:type="arc" />
    <link:label id="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationPercentofPreincentiveAllocationNetIncome_E96C3E3254A60972FEA75E3A0AFA63A6_terseLabel_en-US" xlink:label="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationPercentofPreincentiveAllocationNetIncome_E96C3E3254A60972FEA75E3A0AFA63A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Income Incentive Allocation, Percent of Pre-incentive Allocation Net Income</link:label>
    <link:label id="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationPercentofPreincentiveAllocationNetIncome_E96C3E3254A60972FEA75E3A0AFA63A6_label_en-US" xlink:label="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationPercentofPreincentiveAllocationNetIncome_E96C3E3254A60972FEA75E3A0AFA63A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Income Incentive Allocation, Percent of Pre-incentive Allocation Net Income</link:label>
    <link:label id="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationPercentofPreincentiveAllocationNetIncome_E96C3E3254A60972FEA75E3A0AFA63A6_documentation_en-US" xlink:label="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationPercentofPreincentiveAllocationNetIncome_E96C3E3254A60972FEA75E3A0AFA63A6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Income Incentive Allocation, Percent of Pre-incentive Allocation Net Income</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RelatedPartyTransactionIncomeIncentiveAllocationPercentofPreincentiveAllocationNetIncome" xlink:label="loc_ftai_RelatedPartyTransactionIncomeIncentiveAllocationPercentofPreincentiveAllocationNetIncome_E96C3E3254A60972FEA75E3A0AFA63A6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RelatedPartyTransactionIncomeIncentiveAllocationPercentofPreincentiveAllocationNetIncome_E96C3E3254A60972FEA75E3A0AFA63A6" xlink:to="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationPercentofPreincentiveAllocationNetIncome_E96C3E3254A60972FEA75E3A0AFA63A6" xlink:type="arc" />
    <link:label id="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationQuarterlyPercentThresholdofPreIncentiveAllocationNetIncome_091C1811CFFCF5F6713E5E3A0AFA11CB_terseLabel_en-US" xlink:label="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationQuarterlyPercentThresholdofPreIncentiveAllocationNetIncome_091C1811CFFCF5F6713E5E3A0AFA11CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Income Incentive Allocation, Quarterly Percent Threshold of Pre-Incentive Allocation Net Income</link:label>
    <link:label id="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationQuarterlyPercentThresholdofPreIncentiveAllocationNetIncome_091C1811CFFCF5F6713E5E3A0AFA11CB_label_en-US" xlink:label="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationQuarterlyPercentThresholdofPreIncentiveAllocationNetIncome_091C1811CFFCF5F6713E5E3A0AFA11CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Income Incentive Allocation, Quarterly Percent Threshold of Pre-Incentive Allocation Net Income</link:label>
    <link:label id="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationQuarterlyPercentThresholdofPreIncentiveAllocationNetIncome_091C1811CFFCF5F6713E5E3A0AFA11CB_documentation_en-US" xlink:label="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationQuarterlyPercentThresholdofPreIncentiveAllocationNetIncome_091C1811CFFCF5F6713E5E3A0AFA11CB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Income Incentive Allocation, Quarterly Percent Threshold of Pre-Incentive Allocation Net Income</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RelatedPartyTransactionIncomeIncentiveAllocationQuarterlyPercentThresholdofPreIncentiveAllocationNetIncome" xlink:label="loc_ftai_RelatedPartyTransactionIncomeIncentiveAllocationQuarterlyPercentThresholdofPreIncentiveAllocationNetIncome_091C1811CFFCF5F6713E5E3A0AFA11CB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RelatedPartyTransactionIncomeIncentiveAllocationQuarterlyPercentThresholdofPreIncentiveAllocationNetIncome_091C1811CFFCF5F6713E5E3A0AFA11CB" xlink:to="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationQuarterlyPercentThresholdofPreIncentiveAllocationNetIncome_091C1811CFFCF5F6713E5E3A0AFA11CB" xlink:type="arc" />
    <link:label id="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationAnnualPercentThresholdofPreIncentiveAllocationNetIncome_4BFC975356475D5B5AEF5E3A0AFA95DB_terseLabel_en-US" xlink:label="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationAnnualPercentThresholdofPreIncentiveAllocationNetIncome_4BFC975356475D5B5AEF5E3A0AFA95DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Income Incentive Allocation, Annual Percent Threshold of Pre-Incentive Allocation Net Income</link:label>
    <link:label id="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationAnnualPercentThresholdofPreIncentiveAllocationNetIncome_4BFC975356475D5B5AEF5E3A0AFA95DB_label_en-US" xlink:label="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationAnnualPercentThresholdofPreIncentiveAllocationNetIncome_4BFC975356475D5B5AEF5E3A0AFA95DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Income Incentive Allocation, Annual Percent Threshold of Pre-Incentive Allocation Net Income</link:label>
    <link:label id="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationAnnualPercentThresholdofPreIncentiveAllocationNetIncome_4BFC975356475D5B5AEF5E3A0AFA95DB_documentation_en-US" xlink:label="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationAnnualPercentThresholdofPreIncentiveAllocationNetIncome_4BFC975356475D5B5AEF5E3A0AFA95DB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Income Incentive Allocation, Annual Percent Threshold of Pre-Incentive Allocation Net Income</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RelatedPartyTransactionIncomeIncentiveAllocationAnnualPercentThresholdofPreIncentiveAllocationNetIncome" xlink:label="loc_ftai_RelatedPartyTransactionIncomeIncentiveAllocationAnnualPercentThresholdofPreIncentiveAllocationNetIncome_4BFC975356475D5B5AEF5E3A0AFA95DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RelatedPartyTransactionIncomeIncentiveAllocationAnnualPercentThresholdofPreIncentiveAllocationNetIncome_4BFC975356475D5B5AEF5E3A0AFA95DB" xlink:to="lab_ftai_RelatedPartyTransactionIncomeIncentiveAllocationAnnualPercentThresholdofPreIncentiveAllocationNetIncome_4BFC975356475D5B5AEF5E3A0AFA95DB" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_2E3D5FE072650A456AFA40A086B88DC7_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_4C0A913743275547B7E8C7DFD32C495F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic and Diluted</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_2E3D5FE072650A456AFA40A086B88DC7_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_4C0A913743275547B7E8C7DFD32C495F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_4C0A913743275547B7E8C7DFD32C495F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_4C0A913743275547B7E8C7DFD32C495F" xlink:to="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_4C0A913743275547B7E8C7DFD32C495F" xlink:type="arc" />
    <link:label id="lab_us-gaap_SalesRevenueNet_D94DA713D95405B3DF206776B63BF39A_verboseLabel_en-US" xlink:label="lab_us-gaap_SalesRevenueNet_D94DA713D95405B3DF206776B63BF39A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SalesRevenueNet" xlink:label="loc_us-gaap_SalesRevenueNet_D94DA713D95405B3DF206776B63BF39A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SalesRevenueNet_D94DA713D95405B3DF206776B63BF39A" xlink:to="lab_us-gaap_SalesRevenueNet_D94DA713D95405B3DF206776B63BF39A" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_833A7407013486A29CCE6776B63B326C_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_833A7407013486A29CCE6776B63B326C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss before income taxes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_833A7407013486A29CCE6776B63B326C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_833A7407013486A29CCE6776B63B326C" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_833A7407013486A29CCE6776B63B326C" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosuresAbstract_0100E8010609AA2801C05E55036198C0_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresAbstract_0100E8010609AA2801C05E55036198C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosures [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="loc_us-gaap_FairValueDisclosuresAbstract_0100E8010609AA2801C05E55036198C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_0100E8010609AA2801C05E55036198C0" xlink:to="lab_us-gaap_FairValueDisclosuresAbstract_0100E8010609AA2801C05E55036198C0" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosuresTextBlock_A3FA8C9FFFF1EF12BDD35E5503625AAF_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresTextBlock_A3FA8C9FFFF1EF12BDD35E5503625AAF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FAIR VALUE MEASUREMENTS</link:label>
    <link:label id="lab_us-gaap_FairValueDisclosuresTextBlock_A3FA8C9FFFF1EF12BDD35E5503625AAF_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresTextBlock_A3FA8C9FFFF1EF12BDD35E5503625AAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosures [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="loc_us-gaap_FairValueDisclosuresTextBlock_A3FA8C9FFFF1EF12BDD35E5503625AAF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosuresTextBlock_A3FA8C9FFFF1EF12BDD35E5503625AAF" xlink:to="lab_us-gaap_FairValueDisclosuresTextBlock_A3FA8C9FFFF1EF12BDD35E5503625AAF" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByMeasurementBasisAxis_ACDF31F0CF2FDA398ECC6D970A036E7B_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementBasisAxis_ACDF31F0CF2FDA398ECC6D970A036E7B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement Basis [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByMeasurementBasisAxis_ACDF31F0CF2FDA398ECC6D970A036E7B_label_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementBasisAxis_ACDF31F0CF2FDA398ECC6D970A036E7B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement Basis [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="loc_us-gaap_FairValueByMeasurementBasisAxis_ACDF31F0CF2FDA398ECC6D970A036E7B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByMeasurementBasisAxis_ACDF31F0CF2FDA398ECC6D970A036E7B" xlink:to="lab_us-gaap_FairValueByMeasurementBasisAxis_ACDF31F0CF2FDA398ECC6D970A036E7B" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosureItemAmountsDomain_4FFE91C47A4766F4B5866D970A043E3A_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosureItemAmountsDomain_4FFE91C47A4766F4B5866D970A043E3A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Measurement [Domain]</link:label>
    <link:label id="lab_us-gaap_FairValueDisclosureItemAmountsDomain_4FFE91C47A4766F4B5866D970A043E3A_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosureItemAmountsDomain_4FFE91C47A4766F4B5866D970A043E3A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurement [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:label="loc_us-gaap_FairValueDisclosureItemAmountsDomain_4FFE91C47A4766F4B5866D970A043E3A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosureItemAmountsDomain_4FFE91C47A4766F4B5866D970A043E3A" xlink:to="lab_us-gaap_FairValueDisclosureItemAmountsDomain_4FFE91C47A4766F4B5866D970A043E3A" xlink:type="arc" />
    <link:label id="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_3ACAF969A4D80444AB6A6D970A0457C4_terseLabel_en-US" xlink:label="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_3ACAF969A4D80444AB6A6D970A0457C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Portion at Fair Value Measurement [Member]</link:label>
    <link:label id="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_3ACAF969A4D80444AB6A6D970A0457C4_label_en-US" xlink:label="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_3ACAF969A4D80444AB6A6D970A0457C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Portion at Fair Value Measurement [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_3ACAF969A4D80444AB6A6D970A0457C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_3ACAF969A4D80444AB6A6D970A0457C4" xlink:to="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_3ACAF969A4D80444AB6A6D970A0457C4" xlink:type="arc" />
    <link:label id="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_1D20728420647241BC896D970A04A55D_terseLabel_en-US" xlink:label="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_1D20728420647241BC896D970A04A55D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimate of Fair Value Measurement [Member]</link:label>
    <link:label id="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_1D20728420647241BC896D970A04A55D_label_en-US" xlink:label="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_1D20728420647241BC896D970A04A55D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Estimate of Fair Value Measurement [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_1D20728420647241BC896D970A04A55D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_1D20728420647241BC896D970A04A55D" xlink:to="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_1D20728420647241BC896D970A04A55D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CounterpartyNameAxis_DEEBF44737360B4285306D970A0411FA_terseLabel_en-US" xlink:label="lab_us-gaap_CounterpartyNameAxis_DEEBF44737360B4285306D970A0411FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparty Name [Axis]</link:label>
    <link:label id="lab_us-gaap_CounterpartyNameAxis_DEEBF44737360B4285306D970A0411FA_label_en-US" xlink:label="lab_us-gaap_CounterpartyNameAxis_DEEBF44737360B4285306D970A0411FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Counterparty Name [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CounterpartyNameAxis" xlink:label="loc_us-gaap_CounterpartyNameAxis_DEEBF44737360B4285306D970A0411FA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CounterpartyNameAxis_DEEBF44737360B4285306D970A0411FA" xlink:to="lab_us-gaap_CounterpartyNameAxis_DEEBF44737360B4285306D970A0411FA" xlink:type="arc" />
    <link:label id="lab_us-gaap_RepurchaseAgreementCounterpartyNameDomain_11B4EFCD7BA44702FCA86D970A044743_terseLabel_en-US" xlink:label="lab_us-gaap_RepurchaseAgreementCounterpartyNameDomain_11B4EFCD7BA44702FCA86D970A044743" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparty Name [Domain]</link:label>
    <link:label id="lab_us-gaap_RepurchaseAgreementCounterpartyNameDomain_11B4EFCD7BA44702FCA86D970A044743_label_en-US" xlink:label="lab_us-gaap_RepurchaseAgreementCounterpartyNameDomain_11B4EFCD7BA44702FCA86D970A044743" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Counterparty Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RepurchaseAgreementCounterpartyNameDomain" xlink:label="loc_us-gaap_RepurchaseAgreementCounterpartyNameDomain_11B4EFCD7BA44702FCA86D970A044743" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepurchaseAgreementCounterpartyNameDomain_11B4EFCD7BA44702FCA86D970A044743" xlink:to="lab_us-gaap_RepurchaseAgreementCounterpartyNameDomain_11B4EFCD7BA44702FCA86D970A044743" xlink:type="arc" />
    <link:label id="lab_ftai_EquityInvestorMember_0C61A3885D16D4EB84A96D970A04D043_terseLabel_en-US" xlink:label="lab_ftai_EquityInvestorMember_0C61A3885D16D4EB84A96D970A04D043" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Investor</link:label>
    <link:label id="lab_ftai_EquityInvestorMember_0C61A3885D16D4EB84A96D970A04D043_label_en-US" xlink:label="lab_ftai_EquityInvestorMember_0C61A3885D16D4EB84A96D970A04D043" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Investor [Member]</link:label>
    <link:label id="lab_ftai_EquityInvestorMember_0C61A3885D16D4EB84A96D970A04D043_documentation_en-US" xlink:label="lab_ftai_EquityInvestorMember_0C61A3885D16D4EB84A96D970A04D043" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Investor [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_EquityInvestorMember" xlink:label="loc_ftai_EquityInvestorMember_0C61A3885D16D4EB84A96D970A04D043" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_EquityInvestorMember_0C61A3885D16D4EB84A96D970A04D043" xlink:to="lab_ftai_EquityInvestorMember_0C61A3885D16D4EB84A96D970A04D043" xlink:type="arc" />
    <link:label id="lab_us-gaap_ParentCompanyMember_1660C50F14F944C004516D970A044E74_terseLabel_en-US" xlink:label="lab_us-gaap_ParentCompanyMember_1660C50F14F944C004516D970A044E74" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FIG</link:label>
    <link:label id="lab_us-gaap_ParentCompanyMember_1660C50F14F944C004516D970A044E74_label_en-US" xlink:label="lab_us-gaap_ParentCompanyMember_1660C50F14F944C004516D970A044E74" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Parent Company [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="loc_us-gaap_ParentCompanyMember_1660C50F14F944C004516D970A044E74" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ParentCompanyMember_1660C50F14F944C004516D970A044E74" xlink:to="lab_us-gaap_ParentCompanyMember_1660C50F14F944C004516D970A044E74" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAxis_40889CD01E973CCDCFFE6D970A05A820_terseLabel_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAxis_40889CD01E973CCDCFFE6D970A05A820" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property Subject to or Available for Operating Lease [Axis]</link:label>
    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAxis_40889CD01E973CCDCFFE6D970A05A820_label_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAxis_40889CD01E973CCDCFFE6D970A05A820" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property Subject to or Available for Operating Lease [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAxis" xlink:label="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAxis_40889CD01E973CCDCFFE6D970A05A820" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAxis_40889CD01E973CCDCFFE6D970A05A820" xlink:to="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAxis_40889CD01E973CCDCFFE6D970A05A820" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseDomain_5ABF316BE08E2B4AA1866D970A054FD8_terseLabel_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseDomain_5ABF316BE08E2B4AA1866D970A054FD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property Subject to or Available for Operating Lease [Domain]</link:label>
    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseDomain_5ABF316BE08E2B4AA1866D970A054FD8_label_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseDomain_5ABF316BE08E2B4AA1866D970A054FD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property Subject to or Available for Operating Lease [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertySubjectToOrAvailableForOperatingLeaseDomain" xlink:label="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseDomain_5ABF316BE08E2B4AA1866D970A054FD8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseDomain_5ABF316BE08E2B4AA1866D970A054FD8" xlink:to="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseDomain_5ABF316BE08E2B4AA1866D970A054FD8" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertySubjectToOperatingLeaseMember_468EB90A641F869AE9656D970A058D71_verboseLabel_en-US" xlink:label="lab_us-gaap_PropertySubjectToOperatingLeaseMember_468EB90A641F869AE9656D970A058D71" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Shipping Containers Subject to Multiple Operating Leases</link:label>
    <link:label id="lab_us-gaap_PropertySubjectToOperatingLeaseMember_468EB90A641F869AE9656D970A058D71_label_en-US" xlink:label="lab_us-gaap_PropertySubjectToOperatingLeaseMember_468EB90A641F869AE9656D970A058D71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property Subject to Operating Lease [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertySubjectToOperatingLeaseMember" xlink:label="loc_us-gaap_PropertySubjectToOperatingLeaseMember_468EB90A641F869AE9656D970A058D71" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertySubjectToOperatingLeaseMember_468EB90A641F869AE9656D970A058D71" xlink:to="lab_us-gaap_PropertySubjectToOperatingLeaseMember_468EB90A641F869AE9656D970A058D71" xlink:type="arc" />
    <link:label id="lab_us-gaap_MajorPropertyClassAxis_7CAC13E0F468E55210516D970A05F07B_terseLabel_en-US" xlink:label="lab_us-gaap_MajorPropertyClassAxis_7CAC13E0F468E55210516D970A05F07B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Major Property Class [Axis]</link:label>
    <link:label id="lab_us-gaap_MajorPropertyClassAxis_7CAC13E0F468E55210516D970A05F07B_label_en-US" xlink:label="lab_us-gaap_MajorPropertyClassAxis_7CAC13E0F468E55210516D970A05F07B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Major Property Class [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MajorPropertyClassAxis" xlink:label="loc_us-gaap_MajorPropertyClassAxis_7CAC13E0F468E55210516D970A05F07B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MajorPropertyClassAxis_7CAC13E0F468E55210516D970A05F07B" xlink:to="lab_us-gaap_MajorPropertyClassAxis_7CAC13E0F468E55210516D970A05F07B" xlink:type="arc" />
    <link:label id="lab_us-gaap_MajorPropertyClassDomain_2AF38C9D982452EC4E586D970A056750_terseLabel_en-US" xlink:label="lab_us-gaap_MajorPropertyClassDomain_2AF38C9D982452EC4E586D970A056750" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Major Property Class [Domain]</link:label>
    <link:label id="lab_us-gaap_MajorPropertyClassDomain_2AF38C9D982452EC4E586D970A056750_label_en-US" xlink:label="lab_us-gaap_MajorPropertyClassDomain_2AF38C9D982452EC4E586D970A056750" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Major Property Class [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MajorPropertyClassDomain" xlink:label="loc_us-gaap_MajorPropertyClassDomain_2AF38C9D982452EC4E586D970A056750" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MajorPropertyClassDomain_2AF38C9D982452EC4E586D970A056750" xlink:to="lab_us-gaap_MajorPropertyClassDomain_2AF38C9D982452EC4E586D970A056750" xlink:type="arc" />
    <link:label id="lab_us-gaap_ContainersMember_1EED9B72ED8043CD2F366D970A054551_terseLabel_en-US" xlink:label="lab_us-gaap_ContainersMember_1EED9B72ED8043CD2F366D970A054551" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Containers</link:label>
    <link:label id="lab_us-gaap_ContainersMember_1EED9B72ED8043CD2F366D970A054551_label_en-US" xlink:label="lab_us-gaap_ContainersMember_1EED9B72ED8043CD2F366D970A054551" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Containers [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ContainersMember" xlink:label="loc_us-gaap_ContainersMember_1EED9B72ED8043CD2F366D970A054551" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContainersMember_1EED9B72ED8043CD2F366D970A054551" xlink:to="lab_us-gaap_ContainersMember_1EED9B72ED8043CD2F366D970A054551" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesCurrent_5B60130C5952906DFDE76D970A0B4347_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesCurrent_5B60130C5952906DFDE76D970A0B4347" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Current</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesCurrent_5B60130C5952906DFDE76D970A0B4347_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesCurrent_5B60130C5952906DFDE76D970A0B4347" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesCurrent_5B60130C5952906DFDE76D970A0B4347" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesCurrent_5B60130C5952906DFDE76D970A0B4347" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesCurrent_5B60130C5952906DFDE76D970A0B4347" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_7B694B97181FE1612C716D970A0BC26C_verboseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_7B694B97181FE1612C716D970A0BC26C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Ownership percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_7B694B97181FE1612C716D970A0BC26C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_7B694B97181FE1612C716D970A0BC26C" xlink:to="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_7B694B97181FE1612C716D970A0BC26C" xlink:type="arc" />
    <link:label id="lab_ftai_EquityMethodInvestmentNumberofCustomersRepresentedinPortfolioofFinanceLeases_A660CC388137B242E8696D970A0B7266_terseLabel_en-US" xlink:label="lab_ftai_EquityMethodInvestmentNumberofCustomersRepresentedinPortfolioofFinanceLeases_A660CC388137B242E8696D970A0B7266" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of customers</link:label>
    <link:label id="lab_ftai_EquityMethodInvestmentNumberofCustomersRepresentedinPortfolioofFinanceLeases_A660CC388137B242E8696D970A0B7266_label_en-US" xlink:label="lab_ftai_EquityMethodInvestmentNumberofCustomersRepresentedinPortfolioofFinanceLeases_A660CC388137B242E8696D970A0B7266" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Number of Customers Represented in Portfolio of Finance Leases</link:label>
    <link:label id="lab_ftai_EquityMethodInvestmentNumberofCustomersRepresentedinPortfolioofFinanceLeases_A660CC388137B242E8696D970A0B7266_documentation_en-US" xlink:label="lab_ftai_EquityMethodInvestmentNumberofCustomersRepresentedinPortfolioofFinanceLeases_A660CC388137B242E8696D970A0B7266" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Number of Customers Represented in Portfolio of Finance Leases</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_EquityMethodInvestmentNumberofCustomersRepresentedinPortfolioofFinanceLeases" xlink:label="loc_ftai_EquityMethodInvestmentNumberofCustomersRepresentedinPortfolioofFinanceLeases_A660CC388137B242E8696D970A0B7266" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_EquityMethodInvestmentNumberofCustomersRepresentedinPortfolioofFinanceLeases_A660CC388137B242E8696D970A0B7266" xlink:to="lab_ftai_EquityMethodInvestmentNumberofCustomersRepresentedinPortfolioofFinanceLeases_A660CC388137B242E8696D970A0B7266" xlink:type="arc" />
    <link:label id="lab_ftai_EquityMethodInvestmentNumberofShippingContainersRepresentedinPortfolioofFinanceLeases_731AE056CE63BECB970E6D970A0B856E_terseLabel_en-US" xlink:label="lab_ftai_EquityMethodInvestmentNumberofShippingContainersRepresentedinPortfolioofFinanceLeases_731AE056CE63BECB970E6D970A0B856E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of shipping containers</link:label>
    <link:label id="lab_ftai_EquityMethodInvestmentNumberofShippingContainersRepresentedinPortfolioofFinanceLeases_731AE056CE63BECB970E6D970A0B856E_label_en-US" xlink:label="lab_ftai_EquityMethodInvestmentNumberofShippingContainersRepresentedinPortfolioofFinanceLeases_731AE056CE63BECB970E6D970A0B856E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Number of Shipping Containers Represented in Portfolio of Finance Leases</link:label>
    <link:label id="lab_ftai_EquityMethodInvestmentNumberofShippingContainersRepresentedinPortfolioofFinanceLeases_731AE056CE63BECB970E6D970A0B856E_documentation_en-US" xlink:label="lab_ftai_EquityMethodInvestmentNumberofShippingContainersRepresentedinPortfolioofFinanceLeases_731AE056CE63BECB970E6D970A0B856E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Number of Shipping Containers Represented in Portfolio of Finance Leases</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_EquityMethodInvestmentNumberofShippingContainersRepresentedinPortfolioofFinanceLeases" xlink:label="loc_ftai_EquityMethodInvestmentNumberofShippingContainersRepresentedinPortfolioofFinanceLeases_731AE056CE63BECB970E6D970A0B856E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_EquityMethodInvestmentNumberofShippingContainersRepresentedinPortfolioofFinanceLeases_731AE056CE63BECB970E6D970A0B856E" xlink:to="lab_ftai_EquityMethodInvestmentNumberofShippingContainersRepresentedinPortfolioofFinanceLeases_731AE056CE63BECB970E6D970A0B856E" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits_A54194E889B72DE76B346D970A0BD348_terseLabel_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits_A54194E889B72DE76B346D970A0BD348" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shipping containers subject to multiple operating leases</link:label>
    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits_A54194E889B72DE76B346D970A0BD348_label_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits_A54194E889B72DE76B346D970A0BD348" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property Subject to or Available for Operating Lease, Number of Units</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits" xlink:label="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits_A54194E889B72DE76B346D970A0BD348" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits_A54194E889B72DE76B346D970A0BD348" xlink:to="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits_A54194E889B72DE76B346D970A0BD348" xlink:type="arc" />
    <link:label id="lab_us-gaap_TangibleAssetImpairmentCharges_DBE3155B92423A3CD5206D970A0B6540_terseLabel_en-US" xlink:label="lab_us-gaap_TangibleAssetImpairmentCharges_DBE3155B92423A3CD5206D970A0B6540" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tangible Asset Impairment Charges</link:label>
    <link:label id="lab_us-gaap_TangibleAssetImpairmentCharges_DBE3155B92423A3CD5206D970A0B6540_label_en-US" xlink:label="lab_us-gaap_TangibleAssetImpairmentCharges_DBE3155B92423A3CD5206D970A0B6540" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tangible Asset Impairment Charges</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_TangibleAssetImpairmentCharges" xlink:label="loc_us-gaap_TangibleAssetImpairmentCharges_DBE3155B92423A3CD5206D970A0B6540" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TangibleAssetImpairmentCharges_DBE3155B92423A3CD5206D970A0B6540" xlink:to="lab_us-gaap_TangibleAssetImpairmentCharges_DBE3155B92423A3CD5206D970A0B6540" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_DF1884261B9CA351F3636D970A0B2A42_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_DF1884261B9CA351F3636D970A0B2A42" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Other than Temporary Impairment</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_DF1884261B9CA351F3636D970A0B2A42_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_DF1884261B9CA351F3636D970A0B2A42" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Other than Temporary Impairment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment" xlink:label="loc_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_DF1884261B9CA351F3636D970A0B2A42" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_DF1884261B9CA351F3636D970A0B2A42" xlink:to="lab_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_DF1884261B9CA351F3636D970A0B2A42" xlink:type="arc" />
    <link:label id="lab_us-gaap_QuarterlyFinancialInformationDisclosureAbstract_9E46FD91CBD3FEA808205C458880CC79_label_en-US" xlink:label="lab_us-gaap_QuarterlyFinancialInformationDisclosureAbstract_9E46FD91CBD3FEA808205C458880CC79" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Quarterly Financial Information Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_QuarterlyFinancialInformationDisclosureAbstract" xlink:label="loc_us-gaap_QuarterlyFinancialInformationDisclosureAbstract_9E46FD91CBD3FEA808205C458880CC79" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_QuarterlyFinancialInformationDisclosureAbstract_9E46FD91CBD3FEA808205C458880CC79" xlink:to="lab_us-gaap_QuarterlyFinancialInformationDisclosureAbstract_9E46FD91CBD3FEA808205C458880CC79" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_797651768CEAFD0078A25C458880FB76_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_797651768CEAFD0078A25C458880FB76" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Quarterly Financial Information</link:label>
    <link:label id="lab_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_797651768CEAFD0078A25C458880FB76_label_en-US" xlink:label="lab_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_797651768CEAFD0078A25C458880FB76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Quarterly Financial Information [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_797651768CEAFD0078A25C458880FB76" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_797651768CEAFD0078A25C458880FB76" xlink:to="lab_us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_797651768CEAFD0078A25C458880FB76" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_45868EB945AF02A0EBD15D102A1C0B6B_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_45868EB945AF02A0EBD15D102A1C0B6B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current:</link:label>
    <link:label id="lab_us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_45868EB945AF02A0EBD15D102A1C0B6B_label_en-US" xlink:label="lab_us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_45868EB945AF02A0EBD15D102A1C0B6B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Federal, State and Local, Tax Expense (Benefit) [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract" xlink:label="loc_us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_45868EB945AF02A0EBD15D102A1C0B6B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_45868EB945AF02A0EBD15D102A1C0B6B" xlink:to="lab_us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_45868EB945AF02A0EBD15D102A1C0B6B" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentFederalTaxExpenseBenefit_4E9A2A20E83AB7187B905D102A1DE1EB_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentFederalTaxExpenseBenefit_4E9A2A20E83AB7187B905D102A1DE1EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal</link:label>
    <link:label id="lab_us-gaap_CurrentFederalTaxExpenseBenefit_4E9A2A20E83AB7187B905D102A1DE1EB_label_en-US" xlink:label="lab_us-gaap_CurrentFederalTaxExpenseBenefit_4E9A2A20E83AB7187B905D102A1DE1EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Federal Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentFederalTaxExpenseBenefit_4E9A2A20E83AB7187B905D102A1DE1EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentFederalTaxExpenseBenefit_4E9A2A20E83AB7187B905D102A1DE1EB" xlink:to="lab_us-gaap_CurrentFederalTaxExpenseBenefit_4E9A2A20E83AB7187B905D102A1DE1EB" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_3375F3D77D5E947A6BA95D102A1DA6E6_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_3375F3D77D5E947A6BA95D102A1DA6E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">State and local</link:label>
    <link:label id="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_3375F3D77D5E947A6BA95D102A1DA6E6_label_en-US" xlink:label="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_3375F3D77D5E947A6BA95D102A1DA6E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current State and Local Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_3375F3D77D5E947A6BA95D102A1DA6E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_3375F3D77D5E947A6BA95D102A1DA6E6" xlink:to="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_3375F3D77D5E947A6BA95D102A1DA6E6" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentForeignTaxExpenseBenefit_60B9F16CED9A6287C10D5D102A1D1F85_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentForeignTaxExpenseBenefit_60B9F16CED9A6287C10D5D102A1D1F85" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign</link:label>
    <link:label id="lab_us-gaap_CurrentForeignTaxExpenseBenefit_60B9F16CED9A6287C10D5D102A1D1F85_label_en-US" xlink:label="lab_us-gaap_CurrentForeignTaxExpenseBenefit_60B9F16CED9A6287C10D5D102A1D1F85" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Foreign Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CurrentForeignTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentForeignTaxExpenseBenefit_60B9F16CED9A6287C10D5D102A1D1F85" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentForeignTaxExpenseBenefit_60B9F16CED9A6287C10D5D102A1D1F85" xlink:to="lab_us-gaap_CurrentForeignTaxExpenseBenefit_60B9F16CED9A6287C10D5D102A1D1F85" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_08FE6BB766B42758789B5D102A1DD13D_totalLabel_en-US" xlink:label="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_08FE6BB766B42758789B5D102A1DD13D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total current provision</link:label>
    <link:label id="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_08FE6BB766B42758789B5D102A1DD13D_label_en-US" xlink:label="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_08FE6BB766B42758789B5D102A1DD13D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_08FE6BB766B42758789B5D102A1DD13D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_08FE6BB766B42758789B5D102A1DD13D" xlink:to="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_08FE6BB766B42758789B5D102A1DD13D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_9D64721C0B2F45BA5A1B5D102A1DE213_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_9D64721C0B2F45BA5A1B5D102A1DE213" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred:</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_9D64721C0B2F45BA5A1B5D102A1DE213_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_9D64721C0B2F45BA5A1B5D102A1DE213" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit), Continuing Operations [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_9D64721C0B2F45BA5A1B5D102A1DE213" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_9D64721C0B2F45BA5A1B5D102A1DE213" xlink:to="lab_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_9D64721C0B2F45BA5A1B5D102A1DE213" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_46571DE062A28B8358285D102A1D22FD_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_46571DE062A28B8358285D102A1D22FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal</link:label>
    <link:label id="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_46571DE062A28B8358285D102A1D22FD_label_en-US" xlink:label="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_46571DE062A28B8358285D102A1D22FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Federal Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_46571DE062A28B8358285D102A1D22FD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_46571DE062A28B8358285D102A1D22FD" xlink:to="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_46571DE062A28B8358285D102A1D22FD" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_4D03D4DF7B97DD0FF2C85D102A1D9424_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_4D03D4DF7B97DD0FF2C85D102A1D9424" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">State and local</link:label>
    <link:label id="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_4D03D4DF7B97DD0FF2C85D102A1D9424_label_en-US" xlink:label="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_4D03D4DF7B97DD0FF2C85D102A1D9424" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred State and Local Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_4D03D4DF7B97DD0FF2C85D102A1D9424" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_4D03D4DF7B97DD0FF2C85D102A1D9424" xlink:to="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_4D03D4DF7B97DD0FF2C85D102A1D9424" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_86E4E1BDBDEF9598F5455D102A1D75CC_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_86E4E1BDBDEF9598F5455D102A1D75CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign</link:label>
    <link:label id="lab_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_86E4E1BDBDEF9598F5455D102A1D75CC_label_en-US" xlink:label="lab_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_86E4E1BDBDEF9598F5455D102A1D75CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Foreign Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredForeignIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_86E4E1BDBDEF9598F5455D102A1D75CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_86E4E1BDBDEF9598F5455D102A1D75CC" xlink:to="lab_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_86E4E1BDBDEF9598F5455D102A1D75CC" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_CE45DEBAB18BB6D1E50D5D102A1D242D_totalLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_CE45DEBAB18BB6D1E50D5D102A1D242D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total deferred provision</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_CE45DEBAB18BB6D1E50D5D102A1D242D_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_CE45DEBAB18BB6D1E50D5D102A1D242D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_CE45DEBAB18BB6D1E50D5D102A1D242D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_CE45DEBAB18BB6D1E50D5D102A1D242D" xlink:to="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_CE45DEBAB18BB6D1E50D5D102A1D242D" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_2F2207D1C823F252A9315D102A1DE185_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_2F2207D1C823F252A9315D102A1DE185" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total provision for income taxes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_2F2207D1C823F252A9315D102A1DE185" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_2F2207D1C823F252A9315D102A1DE185" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_2F2207D1C823F252A9315D102A1DE185" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableCurrent_08588676A20875773FC442AD49219C35_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableCurrent_08588676A20875773FC442AD49219C35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2017</link:label>
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableCurrent_08588676A20875773FC442AD49219C35_label_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableCurrent_08588676A20875773FC442AD49219C35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Leases, Future Minimum Payments Receivable, Next Twelve Months</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableCurrent" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableCurrent_08588676A20875773FC442AD49219C35" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableCurrent_08588676A20875773FC442AD49219C35" xlink:to="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableCurrent_08588676A20875773FC442AD49219C35" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInTwoYears_9F727CE210F110B6C37342AD4921EC31_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInTwoYears_9F727CE210F110B6C37342AD4921EC31" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2018</link:label>
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInTwoYears_9F727CE210F110B6C37342AD4921EC31_label_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInTwoYears_9F727CE210F110B6C37342AD4921EC31" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Leases, Future Minimum Payments, Receivable in Two Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInTwoYears" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInTwoYears_9F727CE210F110B6C37342AD4921EC31" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInTwoYears_9F727CE210F110B6C37342AD4921EC31" xlink:to="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInTwoYears_9F727CE210F110B6C37342AD4921EC31" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInThreeYears_49B5857E00EBD65618F542AD49219657_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInThreeYears_49B5857E00EBD65618F542AD49219657" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2019</link:label>
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInThreeYears_49B5857E00EBD65618F542AD49219657_label_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInThreeYears_49B5857E00EBD65618F542AD49219657" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Leases, Future Minimum Payments, Receivable in Three Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInThreeYears" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInThreeYears_49B5857E00EBD65618F542AD49219657" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInThreeYears_49B5857E00EBD65618F542AD49219657" xlink:to="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInThreeYears_49B5857E00EBD65618F542AD49219657" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInFourYears_F2D8CA681901B194EB3342AD4921E0D3_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInFourYears_F2D8CA681901B194EB3342AD4921E0D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInFourYears_F2D8CA681901B194EB3342AD4921E0D3_label_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInFourYears_F2D8CA681901B194EB3342AD4921E0D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Leases, Future Minimum Payments, Receivable in Four Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInFourYears" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInFourYears_F2D8CA681901B194EB3342AD4921E0D3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInFourYears_F2D8CA681901B194EB3342AD4921E0D3" xlink:to="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInFourYears_F2D8CA681901B194EB3342AD4921E0D3" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInFiveYears_CD6E1D9E0B4811D67AAC42AD4921D431_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInFiveYears_CD6E1D9E0B4811D67AAC42AD4921D431" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2021</link:label>
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInFiveYears_CD6E1D9E0B4811D67AAC42AD4921D431_label_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInFiveYears_CD6E1D9E0B4811D67AAC42AD4921D431" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Leases, Future Minimum Payments, Receivable in Five Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInFiveYears" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInFiveYears_CD6E1D9E0B4811D67AAC42AD4921D431" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInFiveYears_CD6E1D9E0B4811D67AAC42AD4921D431" xlink:to="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableInFiveYears_CD6E1D9E0B4811D67AAC42AD4921D431" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableDueThereafter_6DE57E9D8F8E19FA103C42AD49216F66_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableDueThereafter_6DE57E9D8F8E19FA103C42AD49216F66" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Thereafter</link:label>
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableDueThereafter_6DE57E9D8F8E19FA103C42AD49216F66_label_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableDueThereafter_6DE57E9D8F8E19FA103C42AD49216F66" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Leases, Future Minimum Payments, Receivable Thereafter</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableDueThereafter" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableDueThereafter_6DE57E9D8F8E19FA103C42AD49216F66" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableDueThereafter_6DE57E9D8F8E19FA103C42AD49216F66" xlink:to="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivableDueThereafter_6DE57E9D8F8E19FA103C42AD49216F66" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivable_2A0F3588E73847423B8E42AD49213266_totalLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivable_2A0F3588E73847423B8E42AD49213266" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivable_2A0F3588E73847423B8E42AD49213266_label_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivable_2A0F3588E73847423B8E42AD49213266" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Leases, Future Minimum Payments Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsReceivable" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivable_2A0F3588E73847423B8E42AD49213266" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivable_2A0F3588E73847423B8E42AD49213266" xlink:to="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsReceivable_2A0F3588E73847423B8E42AD49213266" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementAbstract_DA4AA1C89B4470BAF2765E3A0C274FA6_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_DA4AA1C89B4470BAF2765E3A0C274FA6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract_DA4AA1C89B4470BAF2765E3A0C274FA6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementAbstract_DA4AA1C89B4470BAF2765E3A0C274FA6" xlink:to="lab_us-gaap_IncomeStatementAbstract_DA4AA1C89B4470BAF2765E3A0C274FA6" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementTable_91DBA6CF09EB2386EFB95E3A0C283B61_terseLabel_en-US" xlink:label="lab_us-gaap_StatementTable_91DBA6CF09EB2386EFB95E3A0C283B61" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:label id="lab_us-gaap_StatementTable_91DBA6CF09EB2386EFB95E3A0C283B61_label_en-US" xlink:label="lab_us-gaap_StatementTable_91DBA6CF09EB2386EFB95E3A0C283B61" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaap_StatementTable_91DBA6CF09EB2386EFB95E3A0C283B61" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementTable_91DBA6CF09EB2386EFB95E3A0C283B61" xlink:to="lab_us-gaap_StatementTable_91DBA6CF09EB2386EFB95E3A0C283B61" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementLineItems_3530590269A647E8B86C5E3A0C28B42B_terseLabel_en-US" xlink:label="lab_us-gaap_StatementLineItems_3530590269A647E8B86C5E3A0C28B42B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:label id="lab_us-gaap_StatementLineItems_3530590269A647E8B86C5E3A0C28B42B_label_en-US" xlink:label="lab_us-gaap_StatementLineItems_3530590269A647E8B86C5E3A0C28B42B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaap_StatementLineItems_3530590269A647E8B86C5E3A0C28B42B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementLineItems_3530590269A647E8B86C5E3A0C28B42B" xlink:to="lab_us-gaap_StatementLineItems_3530590269A647E8B86C5E3A0C28B42B" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherIncomeDisclosureNonoperatingAbstract_4441AB86E631DF3467565E3A0C2947B9_terseLabel_en-US" xlink:label="lab_us-gaap_OtherIncomeDisclosureNonoperatingAbstract_4441AB86E631DF3467565E3A0C2947B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other (expense) income</link:label>
    <link:label id="lab_us-gaap_OtherIncomeDisclosureNonoperatingAbstract_4441AB86E631DF3467565E3A0C2947B9_label_en-US" xlink:label="lab_us-gaap_OtherIncomeDisclosureNonoperatingAbstract_4441AB86E631DF3467565E3A0C2947B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Income, Nonoperating [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherIncomeDisclosureNonoperatingAbstract" xlink:label="loc_us-gaap_OtherIncomeDisclosureNonoperatingAbstract_4441AB86E631DF3467565E3A0C2947B9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherIncomeDisclosureNonoperatingAbstract_4441AB86E631DF3467565E3A0C2947B9" xlink:to="lab_us-gaap_OtherIncomeDisclosureNonoperatingAbstract_4441AB86E631DF3467565E3A0C2947B9" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnDispositionOfAssets_6DDAB85B4389C29888135E3A0C2903F4_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnDispositionOfAssets_6DDAB85B4389C29888135E3A0C2903F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of equipment and finance leases, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GainLossOnDispositionOfAssets" xlink:label="loc_us-gaap_GainLossOnDispositionOfAssets_6DDAB85B4389C29888135E3A0C2903F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnDispositionOfAssets_6DDAB85B4389C29888135E3A0C2903F4" xlink:to="lab_us-gaap_GainLossOnDispositionOfAssets_6DDAB85B4389C29888135E3A0C2903F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_64DB0DD179C1BD371F485E3A0C2AE529_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_64DB0DD179C1BD371F485E3A0C2AE529" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic and Diluted (Loss) Income per Share</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_64DB0DD179C1BD371F485E3A0C2AE529_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_64DB0DD179C1BD371F485E3A0C2AE529" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic and Diluted [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EarningsPerShareBasicAndDilutedAbstract" xlink:label="loc_us-gaap_EarningsPerShareBasicAndDilutedAbstract_64DB0DD179C1BD371F485E3A0C2AE529" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasicAndDilutedAbstract_64DB0DD179C1BD371F485E3A0C2AE529" xlink:to="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_64DB0DD179C1BD371F485E3A0C2AE529" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasicAndDiluted_2FB5D6EAC97A16469FF05E3A0C2A1BB4_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDiluted_2FB5D6EAC97A16469FF05E3A0C2A1BB4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic and Diluted (in dollars per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EarningsPerShareBasicAndDiluted" xlink:label="loc_us-gaap_EarningsPerShareBasicAndDiluted_2FB5D6EAC97A16469FF05E3A0C2A1BB4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasicAndDiluted_2FB5D6EAC97A16469FF05E3A0C2A1BB4" xlink:to="lab_us-gaap_EarningsPerShareBasicAndDiluted_2FB5D6EAC97A16469FF05E3A0C2A1BB4" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentsDisclosureTextBlock_FEF33FFBBA78E00070D95E53055AE068_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsDisclosureTextBlock_FEF33FFBBA78E00070D95E53055AE068" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INVESTMENTS</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentsDisclosureTextBlock_FEF33FFBBA78E00070D95E53055AE068_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsDisclosureTextBlock_FEF33FFBBA78E00070D95E53055AE068" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investments and Joint Ventures Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityMethodInvestmentsDisclosureTextBlock" xlink:label="loc_us-gaap_EquityMethodInvestmentsDisclosureTextBlock_FEF33FFBBA78E00070D95E53055AE068" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentsDisclosureTextBlock_FEF33FFBBA78E00070D95E53055AE068" xlink:to="lab_us-gaap_EquityMethodInvestmentsDisclosureTextBlock_FEF33FFBBA78E00070D95E53055AE068" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_1F6E957C4E33E61BB4926776B5405558_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_1F6E957C4E33E61BB4926776B5405558" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Recognized Identified Assets Acquired and Liabilities Assumed</link:label>
    <link:label id="lab_us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_1F6E957C4E33E61BB4926776B5405558_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_1F6E957C4E33E61BB4926776B5405558" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_1F6E957C4E33E61BB4926776B5405558" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_1F6E957C4E33E61BB4926776B5405558" xlink:to="lab_us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_1F6E957C4E33E61BB4926776B5405558" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionProFormaInformationTextBlock_F7CFFB7EC1D80006752B678219246165_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionProFormaInformationTextBlock_F7CFFB7EC1D80006752B678219246165" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisition, Pro Forma Information</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionProFormaInformationTextBlock_F7CFFB7EC1D80006752B678219246165_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionProFormaInformationTextBlock_F7CFFB7EC1D80006752B678219246165" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Pro Forma Information [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessAcquisitionProFormaInformationTextBlock" xlink:label="loc_us-gaap_BusinessAcquisitionProFormaInformationTextBlock_F7CFFB7EC1D80006752B678219246165" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionProFormaInformationTextBlock_F7CFFB7EC1D80006752B678219246165" xlink:to="lab_us-gaap_BusinessAcquisitionProFormaInformationTextBlock_F7CFFB7EC1D80006752B678219246165" xlink:type="arc" />
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_53E2E698F0556491F51B5E53088A4504_label_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_53E2E698F0556491F51B5E53088A4504" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_53E2E698F0556491F51B5E53088A4504" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_53E2E698F0556491F51B5E53088A4504" xlink:to="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_53E2E698F0556491F51B5E53088A4504" xlink:type="arc" />
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_7B20F77A5CB21D96E2D25E53088A3CC9_terseLabel_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_7B20F77A5CB21D96E2D25E53088A3CC9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ORGANIZATION</link:label>
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_7B20F77A5CB21D96E2D25E53088A3CC9_label_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_7B20F77A5CB21D96E2D25E53088A3CC9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:label="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_7B20F77A5CB21D96E2D25E53088A3CC9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_7B20F77A5CB21D96E2D25E53088A3CC9" xlink:to="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_7B20F77A5CB21D96E2D25E53088A3CC9" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostsAndExpenses_3C55215B1F810C9CC3434CC94BA16B72_terseLabel_en-US" xlink:label="lab_us-gaap_CostsAndExpenses_3C55215B1F810C9CC3434CC94BA16B72" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Costs and Expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="loc_us-gaap_CostsAndExpenses_3C55215B1F810C9CC3434CC94BA16B72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CostsAndExpenses_3C55215B1F810C9CC3434CC94BA16B72" xlink:to="lab_us-gaap_CostsAndExpenses_3C55215B1F810C9CC3434CC94BA16B72" xlink:type="arc" />
    <link:label id="lab_us-gaap_NonoperatingIncomeExpense_18D4B8580945952D456F4CC94BA15915_terseLabel_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpense_18D4B8580945952D456F4CC94BA15915" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total other income (expense)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="loc_us-gaap_NonoperatingIncomeExpense_18D4B8580945952D456F4CC94BA15915" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_18D4B8580945952D456F4CC94BA15915" xlink:to="lab_us-gaap_NonoperatingIncomeExpense_18D4B8580945952D456F4CC94BA15915" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_BA1D1AE4CA3D5F0E60714CC94BA24B82_verboseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_BA1D1AE4CA3D5F0E60714CC94BA24B82" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">(Loss) Earnings per Share:</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EarningsPerShareBasicAndDilutedAbstract" xlink:label="loc_us-gaap_EarningsPerShareBasicAndDilutedAbstract_BA1D1AE4CA3D5F0E60714CC94BA24B82" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasicAndDilutedAbstract_BA1D1AE4CA3D5F0E60714CC94BA24B82" xlink:to="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_BA1D1AE4CA3D5F0E60714CC94BA24B82" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasic_585B87F50EC81E94D2B04CC94BA2D019_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_585B87F50EC81E94D2B04CC94BA2D019" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasic_585B87F50EC81E94D2B04CC94BA2D019_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_585B87F50EC81E94D2B04CC94BA2D019" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaap_EarningsPerShareBasic_585B87F50EC81E94D2B04CC94BA2D019" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasic_585B87F50EC81E94D2B04CC94BA2D019" xlink:to="lab_us-gaap_EarningsPerShareBasic_585B87F50EC81E94D2B04CC94BA2D019" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareDiluted_AB1013B1D0B9F368C30E4CC94BA2CBA1_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_AB1013B1D0B9F368C30E4CC94BA2CBA1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Diluted (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareDiluted_AB1013B1D0B9F368C30E4CC94BA2CBA1_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_AB1013B1D0B9F368C30E4CC94BA2CBA1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaap_EarningsPerShareDiluted_AB1013B1D0B9F368C30E4CC94BA2CBA1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareDiluted_AB1013B1D0B9F368C30E4CC94BA2CBA1" xlink:to="lab_us-gaap_EarningsPerShareDiluted_AB1013B1D0B9F368C30E4CC94BA2CBA1" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_1E29A3BF3B5FDEEA074E4CC94BA249C0_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_1E29A3BF3B5FDEEA074E4CC94BA249C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted Average Shares Outstanding:</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_1E29A3BF3B5FDEEA074E4CC94BA249C0_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_1E29A3BF3B5FDEEA074E4CC94BA249C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Diluted [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_1E29A3BF3B5FDEEA074E4CC94BA249C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_1E29A3BF3B5FDEEA074E4CC94BA249C0" xlink:to="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_1E29A3BF3B5FDEEA074E4CC94BA249C0" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_4273A357CEBA02E8BB334CC94BA2F411_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_4273A357CEBA02E8BB334CC94BA2F411" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_4273A357CEBA02E8BB334CC94BA2F411" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_4273A357CEBA02E8BB334CC94BA2F411" xlink:to="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_4273A357CEBA02E8BB334CC94BA2F411" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_A318CB2017D328852BAE4CC94BA2DEE7_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_A318CB2017D328852BAE4CC94BA2DEE7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Diluted (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_A318CB2017D328852BAE4CC94BA2DEE7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_A318CB2017D328852BAE4CC94BA2DEE7" xlink:to="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_A318CB2017D328852BAE4CC94BA2DEE7" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_7A3B3DED7A4E0A83BEDB323FF9CDC0C7_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_FDF908E7D2C85440BE82BF914881AAFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_FDF908E7D2C85440BE82BF914881AAFA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_FDF908E7D2C85440BE82BF914881AAFA" xlink:to="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_FDF908E7D2C85440BE82BF914881AAFA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_66283D4F44B86BC1C2BE323FF9CD7D63_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_2A581E99FD565A2C9C54CACE63E54EF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Future Minimum Rental Payments for Operating Leases</link:label>
    <link:label id="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_66283D4F44B86BC1C2BE323FF9CD7D63_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_2A581E99FD565A2C9C54CACE63E54EF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_2A581E99FD565A2C9C54CACE63E54EF0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_2A581E99FD565A2C9C54CACE63E54EF0" xlink:to="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_2A581E99FD565A2C9C54CACE63E54EF0" xlink:type="arc" />
    <link:label id="lab_us-gaap_QuarterlyFinancialInformationTextBlock_BAEBD67661C5E7206F7F5E57C790577E_terseLabel_en-US" xlink:label="lab_us-gaap_QuarterlyFinancialInformationTextBlock_BAEBD67661C5E7206F7F5E57C790577E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">QUARTERLY FINANCIAL INFORMATION (UNAUDITED)</link:label>
    <link:label id="lab_us-gaap_QuarterlyFinancialInformationTextBlock_BAEBD67661C5E7206F7F5E57C790577E_label_en-US" xlink:label="lab_us-gaap_QuarterlyFinancialInformationTextBlock_BAEBD67661C5E7206F7F5E57C790577E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Quarterly Financial Information [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_QuarterlyFinancialInformationTextBlock" xlink:label="loc_us-gaap_QuarterlyFinancialInformationTextBlock_BAEBD67661C5E7206F7F5E57C790577E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_QuarterlyFinancialInformationTextBlock_BAEBD67661C5E7206F7F5E57C790577E" xlink:to="lab_us-gaap_QuarterlyFinancialInformationTextBlock_BAEBD67661C5E7206F7F5E57C790577E" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_34DAD22B5764F2C8B8E65C488878CC8D_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_34DAD22B5764F2C8B8E65C488878CC8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Measurements, Recurring and Nonrecurring [Table]</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_34DAD22B5764F2C8B8E65C488878CC8D_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_34DAD22B5764F2C8B8E65C488878CC8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurements, Recurring and Nonrecurring [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_34DAD22B5764F2C8B8E65C488878CC8D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_34DAD22B5764F2C8B8E65C488878CC8D" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_34DAD22B5764F2C8B8E65C488878CC8D" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_17D03B6DC2660301060C5C488878189E_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_17D03B6DC2660301060C5C488878189E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement Frequency [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_17D03B6DC2660301060C5C488878189E_label_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_17D03B6DC2660301060C5C488878189E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement Frequency [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueByMeasurementFrequencyAxis" xlink:label="loc_us-gaap_FairValueByMeasurementFrequencyAxis_17D03B6DC2660301060C5C488878189E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByMeasurementFrequencyAxis_17D03B6DC2660301060C5C488878189E" xlink:to="lab_us-gaap_FairValueByMeasurementFrequencyAxis_17D03B6DC2660301060C5C488878189E" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_6525BC6E08B87FDF88FF5C4888788798_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_6525BC6E08B87FDF88FF5C4888788798" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement Frequency [Domain]</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_6525BC6E08B87FDF88FF5C4888788798_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_6525BC6E08B87FDF88FF5C4888788798" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement Frequency [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueMeasurementFrequencyDomain" xlink:label="loc_us-gaap_FairValueMeasurementFrequencyDomain_6525BC6E08B87FDF88FF5C4888788798" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementFrequencyDomain_6525BC6E08B87FDF88FF5C4888788798" xlink:to="lab_us-gaap_FairValueMeasurementFrequencyDomain_6525BC6E08B87FDF88FF5C4888788798" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_CC7C4C280F5D31DBB6155C4888788F5B_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_CC7C4C280F5D31DBB6155C4888788F5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recurring</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_CC7C4C280F5D31DBB6155C4888788F5B_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_CC7C4C280F5D31DBB6155C4888788F5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurements, Recurring [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueMeasurementsRecurringMember" xlink:label="loc_us-gaap_FairValueMeasurementsRecurringMember_CC7C4C280F5D31DBB6155C4888788F5B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsRecurringMember_CC7C4C280F5D31DBB6155C4888788F5B" xlink:to="lab_us-gaap_FairValueMeasurementsRecurringMember_CC7C4C280F5D31DBB6155C4888788F5B" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_7666137BF987E3C608A85C48887895B2_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_7666137BF987E3C608A85C48887895B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Hierarchy [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_7666137BF987E3C608A85C48887895B2_label_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_7666137BF987E3C608A85C48887895B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Hierarchy [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_7666137BF987E3C608A85C48887895B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_7666137BF987E3C608A85C48887895B2" xlink:to="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_7666137BF987E3C608A85C48887895B2" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_E7BE5BDC2AED251B370E5C488878027E_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_E7BE5BDC2AED251B370E5C488878027E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Hierarchy [Domain]</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_E7BE5BDC2AED251B370E5C488878027E_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_E7BE5BDC2AED251B370E5C488878027E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Hierarchy [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_E7BE5BDC2AED251B370E5C488878027E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_E7BE5BDC2AED251B370E5C488878027E" xlink:to="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_E7BE5BDC2AED251B370E5C488878027E" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel1Member_06503D4EF7EE85355F2B5C4888782DC9_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_06503D4EF7EE85355F2B5C4888782DC9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 1</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel1Member_06503D4EF7EE85355F2B5C4888782DC9_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_06503D4EF7EE85355F2B5C4888782DC9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 1 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_06503D4EF7EE85355F2B5C4888782DC9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel1Member_06503D4EF7EE85355F2B5C4888782DC9" xlink:to="lab_us-gaap_FairValueInputsLevel1Member_06503D4EF7EE85355F2B5C4888782DC9" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_A03C7B4E9776425B5E4D5C488878C7CA_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_A03C7B4E9776425B5E4D5C488878C7CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 2</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_A03C7B4E9776425B5E4D5C488878C7CA_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_A03C7B4E9776425B5E4D5C488878C7CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 2 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_A03C7B4E9776425B5E4D5C488878C7CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel2Member_A03C7B4E9776425B5E4D5C488878C7CA" xlink:to="lab_us-gaap_FairValueInputsLevel2Member_A03C7B4E9776425B5E4D5C488878C7CA" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel3Member_F7BDC68F0C217F1C0B4C5C48887871D1_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_F7BDC68F0C217F1C0B4C5C48887871D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 3</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel3Member_F7BDC68F0C217F1C0B4C5C48887871D1_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_F7BDC68F0C217F1C0B4C5C48887871D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 3 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="loc_us-gaap_FairValueInputsLevel3Member_F7BDC68F0C217F1C0B4C5C48887871D1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel3Member_F7BDC68F0C217F1C0B4C5C48887871D1" xlink:to="lab_us-gaap_FairValueInputsLevel3Member_F7BDC68F0C217F1C0B4C5C48887871D1" xlink:type="arc" />
    <link:label id="lab_us-gaap_ValuationTechniqueAxis_5E09DDBF038D0497E4BE5C4888791B8A_terseLabel_en-US" xlink:label="lab_us-gaap_ValuationTechniqueAxis_5E09DDBF038D0497E4BE5C4888791B8A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation Technique [Axis]</link:label>
    <link:label id="lab_us-gaap_ValuationTechniqueAxis_5E09DDBF038D0497E4BE5C4888791B8A_label_en-US" xlink:label="lab_us-gaap_ValuationTechniqueAxis_5E09DDBF038D0497E4BE5C4888791B8A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Technique [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ValuationTechniqueAxis" xlink:label="loc_us-gaap_ValuationTechniqueAxis_5E09DDBF038D0497E4BE5C4888791B8A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ValuationTechniqueAxis_5E09DDBF038D0497E4BE5C4888791B8A" xlink:to="lab_us-gaap_ValuationTechniqueAxis_5E09DDBF038D0497E4BE5C4888791B8A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ValuationTechniqueDomain_906C2663D4F810EBF0E85C488879856C_terseLabel_en-US" xlink:label="lab_us-gaap_ValuationTechniqueDomain_906C2663D4F810EBF0E85C488879856C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation Technique [Domain]</link:label>
    <link:label id="lab_us-gaap_ValuationTechniqueDomain_906C2663D4F810EBF0E85C488879856C_label_en-US" xlink:label="lab_us-gaap_ValuationTechniqueDomain_906C2663D4F810EBF0E85C488879856C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Technique [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="loc_us-gaap_ValuationTechniqueDomain_906C2663D4F810EBF0E85C488879856C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ValuationTechniqueDomain_906C2663D4F810EBF0E85C488879856C" xlink:to="lab_us-gaap_ValuationTechniqueDomain_906C2663D4F810EBF0E85C488879856C" xlink:type="arc" />
    <link:label id="lab_us-gaap_MarketApproachValuationTechniqueMember_413129D85DCB8B760A2C5C488879D828_verboseLabel_en-US" xlink:label="lab_us-gaap_MarketApproachValuationTechniqueMember_413129D85DCB8B760A2C5C488879D828" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Market</link:label>
    <link:label id="lab_us-gaap_MarketApproachValuationTechniqueMember_413129D85DCB8B760A2C5C488879D828_label_en-US" xlink:label="lab_us-gaap_MarketApproachValuationTechniqueMember_413129D85DCB8B760A2C5C488879D828" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Approach Valuation Technique [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MarketApproachValuationTechniqueMember" xlink:label="loc_us-gaap_MarketApproachValuationTechniqueMember_413129D85DCB8B760A2C5C488879D828" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MarketApproachValuationTechniqueMember_413129D85DCB8B760A2C5C488879D828" xlink:to="lab_us-gaap_MarketApproachValuationTechniqueMember_413129D85DCB8B760A2C5C488879D828" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeApproachValuationTechniqueMember_BFF14A72EB5A4BAD1CF35C4888798DA8_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeApproachValuationTechniqueMember_BFF14A72EB5A4BAD1CF35C4888798DA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income</link:label>
    <link:label id="lab_us-gaap_IncomeApproachValuationTechniqueMember_BFF14A72EB5A4BAD1CF35C4888798DA8_label_en-US" xlink:label="lab_us-gaap_IncomeApproachValuationTechniqueMember_BFF14A72EB5A4BAD1CF35C4888798DA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Approach Valuation Technique [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeApproachValuationTechniqueMember" xlink:label="loc_us-gaap_IncomeApproachValuationTechniqueMember_BFF14A72EB5A4BAD1CF35C4888798DA8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeApproachValuationTechniqueMember_BFF14A72EB5A4BAD1CF35C4888798DA8" xlink:to="lab_us-gaap_IncomeApproachValuationTechniqueMember_BFF14A72EB5A4BAD1CF35C4888798DA8" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_31CD5A30398D58334F955C488879FC74_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_31CD5A30398D58334F955C488879FC74" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_31CD5A30398D58334F955C488879FC74_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_31CD5A30398D58334F955C488879FC74" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_31CD5A30398D58334F955C488879FC74" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_31CD5A30398D58334F955C488879FC74" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_31CD5A30398D58334F955C488879FC74" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesFairValueDisclosureRecurring_6EE8EE22B6896FDC82BE5C48887913AC_verboseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosureRecurring_6EE8EE22B6896FDC82BE5C48887913AC" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Liabilities measured at fair value on a recurring basis</link:label>
    <link:label id="lab_us-gaap_LiabilitiesFairValueDisclosureRecurring_6EE8EE22B6896FDC82BE5C48887913AC_label_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosureRecurring_6EE8EE22B6896FDC82BE5C48887913AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities, Fair Value Disclosure, Recurring</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureRecurring" xlink:label="loc_us-gaap_LiabilitiesFairValueDisclosureRecurring_6EE8EE22B6896FDC82BE5C48887913AC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesFairValueDisclosureRecurring_6EE8EE22B6896FDC82BE5C48887913AC" xlink:to="lab_us-gaap_LiabilitiesFairValueDisclosureRecurring_6EE8EE22B6896FDC82BE5C48887913AC" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsFairValueDisclosureAbstract_16319B6A3EE46FAB25175C4888791086_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosureAbstract_16319B6A3EE46FAB25175C4888791086" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets:</link:label>
    <link:label id="lab_us-gaap_AssetsFairValueDisclosureAbstract_16319B6A3EE46FAB25175C4888791086_label_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosureAbstract_16319B6A3EE46FAB25175C4888791086" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets, Fair Value Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AssetsFairValueDisclosureAbstract" xlink:label="loc_us-gaap_AssetsFairValueDisclosureAbstract_16319B6A3EE46FAB25175C4888791086" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsFairValueDisclosureAbstract_16319B6A3EE46FAB25175C4888791086" xlink:to="lab_us-gaap_AssetsFairValueDisclosureAbstract_16319B6A3EE46FAB25175C4888791086" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsFairValueDisclosure_9421C9B3DC0765B7D8945C4888798A01_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsFairValueDisclosure_9421C9B3DC0765B7D8945C4888798A01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsFairValueDisclosure_9421C9B3DC0765B7D8945C4888798A01_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsFairValueDisclosure_9421C9B3DC0765B7D8945C4888798A01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CashAndCashEquivalentsFairValueDisclosure" xlink:label="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_9421C9B3DC0765B7D8945C4888798A01" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_9421C9B3DC0765B7D8945C4888798A01" xlink:to="lab_us-gaap_CashAndCashEquivalentsFairValueDisclosure_9421C9B3DC0765B7D8945C4888798A01" xlink:type="arc" />
    <link:label id="lab_ftai_RestrictedCashFairValueDisclosure_47B851A5ADD92CEB66D75C4888796C2D_terseLabel_en-US" xlink:label="lab_ftai_RestrictedCashFairValueDisclosure_47B851A5ADD92CEB66D75C4888796C2D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash</link:label>
    <link:label id="lab_ftai_RestrictedCashFairValueDisclosure_47B851A5ADD92CEB66D75C4888796C2D_label_en-US" xlink:label="lab_ftai_RestrictedCashFairValueDisclosure_47B851A5ADD92CEB66D75C4888796C2D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Cash, Fair Value Disclosure</link:label>
    <link:label id="lab_ftai_RestrictedCashFairValueDisclosure_47B851A5ADD92CEB66D75C4888796C2D_documentation_en-US" xlink:label="lab_ftai_RestrictedCashFairValueDisclosure_47B851A5ADD92CEB66D75C4888796C2D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Restricted Cash, Fair Value Disclosure</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RestrictedCashFairValueDisclosure" xlink:label="loc_ftai_RestrictedCashFairValueDisclosure_47B851A5ADD92CEB66D75C4888796C2D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RestrictedCashFairValueDisclosure_47B851A5ADD92CEB66D75C4888796C2D" xlink:to="lab_ftai_RestrictedCashFairValueDisclosure_47B851A5ADD92CEB66D75C4888796C2D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeAssets_30CAD19F7BE1871C8A8D5C4888797742_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets_30CAD19F7BE1871C8A8D5C4888797742" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative assets</link:label>
    <link:label id="lab_us-gaap_DerivativeAssets_30CAD19F7BE1871C8A8D5C4888797742_label_en-US" xlink:label="lab_us-gaap_DerivativeAssets_30CAD19F7BE1871C8A8D5C4888797742" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Asset</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DerivativeAssets" xlink:label="loc_us-gaap_DerivativeAssets_30CAD19F7BE1871C8A8D5C4888797742" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssets_30CAD19F7BE1871C8A8D5C4888797742" xlink:to="lab_us-gaap_DerivativeAssets_30CAD19F7BE1871C8A8D5C4888797742" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsFairValueDisclosure_B4552A254A8B35F4F28F5C488879E0F1_totalLabel_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosure_B4552A254A8B35F4F28F5C488879E0F1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_us-gaap_AssetsFairValueDisclosure_B4552A254A8B35F4F28F5C488879E0F1_label_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosure_B4552A254A8B35F4F28F5C488879E0F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AssetsFairValueDisclosure" xlink:label="loc_us-gaap_AssetsFairValueDisclosure_B4552A254A8B35F4F28F5C488879E0F1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_B4552A254A8B35F4F28F5C488879E0F1" xlink:to="lab_us-gaap_AssetsFairValueDisclosure_B4552A254A8B35F4F28F5C488879E0F1" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfDebtInstrumentsTextBlock_860B68E7D69D872A2B545E3A0B700CC0_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDebtInstrumentsTextBlock_860B68E7D69D872A2B545E3A0B700CC0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Long-term Debt Instruments</link:label>
    <link:label id="lab_us-gaap_ScheduleOfDebtInstrumentsTextBlock_860B68E7D69D872A2B545E3A0B700CC0_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDebtInstrumentsTextBlock_860B68E7D69D872A2B545E3A0B700CC0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Long-term Debt Instruments [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfDebtInstrumentsTextBlock" xlink:label="loc_us-gaap_ScheduleOfDebtInstrumentsTextBlock_860B68E7D69D872A2B545E3A0B700CC0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDebtInstrumentsTextBlock_860B68E7D69D872A2B545E3A0B700CC0" xlink:to="lab_us-gaap_ScheduleOfDebtInstrumentsTextBlock_860B68E7D69D872A2B545E3A0B700CC0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_6EAD64C96CDB6A98D2C85E3A0B70607C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_6EAD64C96CDB6A98D2C85E3A0B70607C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Maturities of Long-term Debt</link:label>
    <link:label id="lab_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_6EAD64C96CDB6A98D2C85E3A0B70607C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_6EAD64C96CDB6A98D2C85E3A0B70607C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Maturities of Long-term Debt [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_6EAD64C96CDB6A98D2C85E3A0B70607C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_6EAD64C96CDB6A98D2C85E3A0B70607C" xlink:to="lab_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_6EAD64C96CDB6A98D2C85E3A0B70607C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTable_718A5C79242FDFA4BEFC4CB2AB6C1499_terseLabel_en-US" xlink:label="lab_us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTable_718A5C79242FDFA4BEFC4CB2AB6C1499" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of Revenue from Segments to Consolidated [Table]</link:label>
    <link:label id="lab_us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTable_718A5C79242FDFA4BEFC4CB2AB6C1499_label_en-US" xlink:label="lab_us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTable_718A5C79242FDFA4BEFC4CB2AB6C1499" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reconciliation of Revenue from Segments to Consolidated [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTable" xlink:label="loc_us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTable_718A5C79242FDFA4BEFC4CB2AB6C1499" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTable_718A5C79242FDFA4BEFC4CB2AB6C1499" xlink:to="lab_us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTable_718A5C79242FDFA4BEFC4CB2AB6C1499" xlink:type="arc" />
    <link:label id="lab_us-gaap_CorporateAndOtherMember_E63F251E7184C7D707634CB2AB6D2252_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateAndOtherMember_E63F251E7184C7D707634CB2AB6D2252" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate</link:label>
    <link:label id="lab_us-gaap_CorporateAndOtherMember_E63F251E7184C7D707634CB2AB6D2252_label_en-US" xlink:label="lab_us-gaap_CorporateAndOtherMember_E63F251E7184C7D707634CB2AB6D2252" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate and Other [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CorporateAndOtherMember" xlink:label="loc_us-gaap_CorporateAndOtherMember_E63F251E7184C7D707634CB2AB6D2252" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CorporateAndOtherMember_E63F251E7184C7D707634CB2AB6D2252" xlink:to="lab_us-gaap_CorporateAndOtherMember_E63F251E7184C7D707634CB2AB6D2252" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingRevenueReconcilingItemLineItems_5BE88E2F1DF7C3270CEB4CB2AB6E900D_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingRevenueReconcilingItemLineItems_5BE88E2F1DF7C3270CEB4CB2AB6E900D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:label id="lab_us-gaap_SegmentReportingRevenueReconcilingItemLineItems_5BE88E2F1DF7C3270CEB4CB2AB6E900D_label_en-US" xlink:label="lab_us-gaap_SegmentReportingRevenueReconcilingItemLineItems_5BE88E2F1DF7C3270CEB4CB2AB6E900D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reporting, Revenue Reconciling Item [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SegmentReportingRevenueReconcilingItemLineItems" xlink:label="loc_us-gaap_SegmentReportingRevenueReconcilingItemLineItems_5BE88E2F1DF7C3270CEB4CB2AB6E900D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingRevenueReconcilingItemLineItems_5BE88E2F1DF7C3270CEB4CB2AB6E900D" xlink:to="lab_us-gaap_SegmentReportingRevenueReconcilingItemLineItems_5BE88E2F1DF7C3270CEB4CB2AB6E900D" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_7CD01788FA8A350616D74CB2AB6E9668_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_7CD01788FA8A350616D74CB2AB6E9668" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease income</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_7CD01788FA8A350616D74CB2AB6E9668_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_7CD01788FA8A350616D74CB2AB6E9668" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Income Statement, Lease Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesIncomeStatementLeaseRevenue" xlink:label="loc_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_7CD01788FA8A350616D74CB2AB6E9668" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_7CD01788FA8A350616D74CB2AB6E9668" xlink:to="lab_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_7CD01788FA8A350616D74CB2AB6E9668" xlink:type="arc" />
    <link:label id="lab_us-gaap_MaintenanceRevenue_A57494EBF0031CCA8A3D4CB2AB6E3E16_terseLabel_en-US" xlink:label="lab_us-gaap_MaintenanceRevenue_A57494EBF0031CCA8A3D4CB2AB6E3E16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maintenance revenue</link:label>
    <link:label id="lab_us-gaap_MaintenanceRevenue_A57494EBF0031CCA8A3D4CB2AB6E3E16_label_en-US" xlink:label="lab_us-gaap_MaintenanceRevenue_A57494EBF0031CCA8A3D4CB2AB6E3E16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maintenance Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MaintenanceRevenue" xlink:label="loc_us-gaap_MaintenanceRevenue_A57494EBF0031CCA8A3D4CB2AB6E3E16" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaintenanceRevenue_A57494EBF0031CCA8A3D4CB2AB6E3E16" xlink:to="lab_us-gaap_MaintenanceRevenue_A57494EBF0031CCA8A3D4CB2AB6E3E16" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalLeasesIncomeStatementLeaseRevenue_CA538B4A7D52080100864CB2AB6EAF0E_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesIncomeStatementLeaseRevenue_CA538B4A7D52080100864CB2AB6EAF0E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finance lease income</link:label>
    <link:label id="lab_us-gaap_CapitalLeasesIncomeStatementLeaseRevenue_CA538B4A7D52080100864CB2AB6EAF0E_label_en-US" xlink:label="lab_us-gaap_CapitalLeasesIncomeStatementLeaseRevenue_CA538B4A7D52080100864CB2AB6EAF0E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Leases, Income Statement, Lease Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CapitalLeasesIncomeStatementLeaseRevenue" xlink:label="loc_us-gaap_CapitalLeasesIncomeStatementLeaseRevenue_CA538B4A7D52080100864CB2AB6EAF0E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLeasesIncomeStatementLeaseRevenue_CA538B4A7D52080100864CB2AB6EAF0E" xlink:to="lab_us-gaap_CapitalLeasesIncomeStatementLeaseRevenue_CA538B4A7D52080100864CB2AB6EAF0E" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherSalesRevenueNet_9BFB0E8ACF86F8A04C7A4CB2AB6E7C46_terseLabel_en-US" xlink:label="lab_us-gaap_OtherSalesRevenueNet_9BFB0E8ACF86F8A04C7A4CB2AB6E7C46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other revenue</link:label>
    <link:label id="lab_us-gaap_OtherSalesRevenueNet_9BFB0E8ACF86F8A04C7A4CB2AB6E7C46_label_en-US" xlink:label="lab_us-gaap_OtherSalesRevenueNet_9BFB0E8ACF86F8A04C7A4CB2AB6E7C46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Revenue, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherSalesRevenueNet" xlink:label="loc_us-gaap_OtherSalesRevenueNet_9BFB0E8ACF86F8A04C7A4CB2AB6E7C46" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherSalesRevenueNet_9BFB0E8ACF86F8A04C7A4CB2AB6E7C46" xlink:to="lab_us-gaap_OtherSalesRevenueNet_9BFB0E8ACF86F8A04C7A4CB2AB6E7C46" xlink:type="arc" />
    <link:label id="lab_ftai_RailRevenue_56AAE0F6D61A638694A64CB2AB6E5A81_terseLabel_en-US" xlink:label="lab_ftai_RailRevenue_56AAE0F6D61A638694A64CB2AB6E5A81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rail revenues</link:label>
    <link:label id="lab_ftai_RailRevenue_56AAE0F6D61A638694A64CB2AB6E5A81_label_en-US" xlink:label="lab_ftai_RailRevenue_56AAE0F6D61A638694A64CB2AB6E5A81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rail Revenue</link:label>
    <link:label id="lab_ftai_RailRevenue_56AAE0F6D61A638694A64CB2AB6E5A81_documentation_en-US" xlink:label="lab_ftai_RailRevenue_56AAE0F6D61A638694A64CB2AB6E5A81" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rail Revenue</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RailRevenue" xlink:label="loc_ftai_RailRevenue_56AAE0F6D61A638694A64CB2AB6E5A81" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RailRevenue_56AAE0F6D61A638694A64CB2AB6E5A81" xlink:to="lab_ftai_RailRevenue_56AAE0F6D61A638694A64CB2AB6E5A81" xlink:type="arc" />
    <link:label id="lab_ftai_TerminalServicesRevenues_64A3F03963565D1C2A774CB2AB6ECB32_terseLabel_en-US" xlink:label="lab_ftai_TerminalServicesRevenues_64A3F03963565D1C2A774CB2AB6ECB32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Terminal services revenues</link:label>
    <link:label id="lab_ftai_TerminalServicesRevenues_64A3F03963565D1C2A774CB2AB6ECB32_label_en-US" xlink:label="lab_ftai_TerminalServicesRevenues_64A3F03963565D1C2A774CB2AB6ECB32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Terminal Services Revenues</link:label>
    <link:label id="lab_ftai_TerminalServicesRevenues_64A3F03963565D1C2A774CB2AB6ECB32_documentation_en-US" xlink:label="lab_ftai_TerminalServicesRevenues_64A3F03963565D1C2A774CB2AB6ECB32" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Terminal Services Revenues</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_TerminalServicesRevenues" xlink:label="loc_ftai_TerminalServicesRevenues_64A3F03963565D1C2A774CB2AB6ECB32" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_TerminalServicesRevenues_64A3F03963565D1C2A774CB2AB6ECB32" xlink:to="lab_ftai_TerminalServicesRevenues_64A3F03963565D1C2A774CB2AB6ECB32" xlink:type="arc" />
    <link:label id="lab_us-gaap_SalesRevenueNet_3CDFBF69FCBC3FB50E2A4CB2AB6E1171_totalLabel_en-US" xlink:label="lab_us-gaap_SalesRevenueNet_3CDFBF69FCBC3FB50E2A4CB2AB6E1171" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total revenues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SalesRevenueNet" xlink:label="loc_us-gaap_SalesRevenueNet_3CDFBF69FCBC3FB50E2A4CB2AB6E1171" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SalesRevenueNet_3CDFBF69FCBC3FB50E2A4CB2AB6E1171" xlink:to="lab_us-gaap_SalesRevenueNet_3CDFBF69FCBC3FB50E2A4CB2AB6E1171" xlink:type="arc" />
    <link:label id="lab_ftai_ValuationAllowanceRollForward_23E676215EE3C3D271334CC95F7E2787_terseLabel_en-US" xlink:label="lab_ftai_ValuationAllowanceRollForward_23E676215EE3C3D271334CC95F7E2787" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation Allowance [Roll Forward]</link:label>
    <link:label id="lab_ftai_ValuationAllowanceRollForward_23E676215EE3C3D271334CC95F7E2787_label_en-US" xlink:label="lab_ftai_ValuationAllowanceRollForward_23E676215EE3C3D271334CC95F7E2787" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Allowance [Roll Forward]</link:label>
    <link:label id="lab_ftai_ValuationAllowanceRollForward_23E676215EE3C3D271334CC95F7E2787_documentation_en-US" xlink:label="lab_ftai_ValuationAllowanceRollForward_23E676215EE3C3D271334CC95F7E2787" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Valuation Allowance [Roll Forward]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ValuationAllowanceRollForward" xlink:label="loc_ftai_ValuationAllowanceRollForward_23E676215EE3C3D271334CC95F7E2787" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ValuationAllowanceRollForward_23E676215EE3C3D271334CC95F7E2787" xlink:to="lab_ftai_ValuationAllowanceRollForward_23E676215EE3C3D271334CC95F7E2787" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsValuationAllowance_0C42B86E75D56F909E784CC95F7E2916_periodStartLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsValuationAllowance_0C42B86E75D56F909E784CC95F7E2916" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Valuation allowance at beginning of period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="loc_us-gaap_DeferredTaxAssetsValuationAllowance_0C42B86E75D56F909E784CC95F7E2916" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsValuationAllowance_0C42B86E75D56F909E784CC95F7E2916" xlink:to="lab_us-gaap_DeferredTaxAssetsValuationAllowance_0C42B86E75D56F909E784CC95F7E2916" xlink:type="arc" />
    <link:label id="lab_us-gaap_ValuationAllowanceAbstract_6AF270E8342E57D72E394CC95F7EDEE4_terseLabel_en-US" xlink:label="lab_us-gaap_ValuationAllowanceAbstract_6AF270E8342E57D72E394CC95F7EDEE4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase to valuation allowance attributable to:</link:label>
    <link:label id="lab_us-gaap_ValuationAllowanceAbstract_6AF270E8342E57D72E394CC95F7EDEE4_label_en-US" xlink:label="lab_us-gaap_ValuationAllowanceAbstract_6AF270E8342E57D72E394CC95F7EDEE4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Allowance [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ValuationAllowanceAbstract" xlink:label="loc_us-gaap_ValuationAllowanceAbstract_6AF270E8342E57D72E394CC95F7EDEE4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ValuationAllowanceAbstract_6AF270E8342E57D72E394CC95F7EDEE4" xlink:to="lab_us-gaap_ValuationAllowanceAbstract_6AF270E8342E57D72E394CC95F7EDEE4" xlink:type="arc" />
    <link:label id="lab_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_4C2C1F72C0C4A783A1A64CC95F7E7091_terseLabel_en-US" xlink:label="lab_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_4C2C1F72C0C4A783A1A64CC95F7E7091" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current year loss</link:label>
    <link:label id="lab_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_4C2C1F72C0C4A783A1A64CC95F7E7091_label_en-US" xlink:label="lab_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_4C2C1F72C0C4A783A1A64CC95F7E7091" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount" xlink:label="loc_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_4C2C1F72C0C4A783A1A64CC95F7E7091" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_4C2C1F72C0C4A783A1A64CC95F7E7091" xlink:to="lab_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_4C2C1F72C0C4A783A1A64CC95F7E7091" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsValuationAllowance_110E15E45A870294EFAB4CC95F7ECBFC_periodEndLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsValuationAllowance_110E15E45A870294EFAB4CC95F7ECBFC" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Valuation allowance at end of period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="loc_us-gaap_DeferredTaxAssetsValuationAllowance_110E15E45A870294EFAB4CC95F7ECBFC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsValuationAllowance_110E15E45A870294EFAB4CC95F7ECBFC" xlink:to="lab_us-gaap_DeferredTaxAssetsValuationAllowance_110E15E45A870294EFAB4CC95F7ECBFC" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_9A91A36342E3B84C2F483F96713D4A79_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_A128B80BA54859999E3E6782BD6037DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Assets Measured on Recurring Basis</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_9A91A36342E3B84C2F483F96713D4A79_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_A128B80BA54859999E3E6782BD6037DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Assets Measured on Recurring Basis [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_A128B80BA54859999E3E6782BD6037DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_A128B80BA54859999E3E6782BD6037DD" xlink:to="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_A128B80BA54859999E3E6782BD6037DD" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_CB859072C546249BA9F15E57C3622556_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_CB859072C546249BA9F15E57C3622556" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">MANAGEMENT AGREEMENT AND AFFILIATE TRANSACTIONS</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_CB859072C546249BA9F15E57C3622556_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_CB859072C546249BA9F15E57C3622556" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transactions Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="loc_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_CB859072C546249BA9F15E57C3622556" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_CB859072C546249BA9F15E57C3622556" xlink:to="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_CB859072C546249BA9F15E57C3622556" xlink:type="arc" />
    <link:label id="lab_us-gaap_Assets_90C49DCB7ED31AC97EC32EA04FBE6DBE_terseLabel_en-US" xlink:label="lab_us-gaap_Assets_B72C825749EE57D7B30B79A69FA4E129" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_B72C825749EE57D7B30B79A69FA4E129" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_B72C825749EE57D7B30B79A69FA4E129" xlink:to="lab_us-gaap_Assets_B72C825749EE57D7B30B79A69FA4E129" xlink:type="arc" />
    <link:label id="lab_us-gaap_Liabilities_1854AD16B6319B61708E2EA04FBE8328_terseLabel_en-US" xlink:label="lab_us-gaap_Liabilities_C68FD115CF9753DF9F1571161A726F7D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_C68FD115CF9753DF9F1571161A726F7D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Liabilities_C68FD115CF9753DF9F1571161A726F7D" xlink:to="lab_us-gaap_Liabilities_C68FD115CF9753DF9F1571161A726F7D" xlink:type="arc" />
    <link:label id="lab_ftai_JeffersonBondsPayableMember_B8CFB1CE3DD4926856786772D03A9554_terseLabel_en-US" xlink:label="lab_ftai_JeffersonBondsPayableMember_B8CFB1CE3DD4926856786772D03A9554" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Jefferson Bonds Payable</link:label>
    <link:label id="lab_ftai_JeffersonBondsPayableMember_B8CFB1CE3DD4926856786772D03A9554_label_en-US" xlink:label="lab_ftai_JeffersonBondsPayableMember_B8CFB1CE3DD4926856786772D03A9554" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Jefferson Bonds Payable [Member]</link:label>
    <link:label id="lab_ftai_JeffersonBondsPayableMember_B8CFB1CE3DD4926856786772D03A9554_documentation_en-US" xlink:label="lab_ftai_JeffersonBondsPayableMember_B8CFB1CE3DD4926856786772D03A9554" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Jefferson Bonds Payable [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_JeffersonBondsPayableMember" xlink:label="loc_ftai_JeffersonBondsPayableMember_B8CFB1CE3DD4926856786772D03A9554" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_JeffersonBondsPayableMember_B8CFB1CE3DD4926856786772D03A9554" xlink:to="lab_ftai_JeffersonBondsPayableMember_B8CFB1CE3DD4926856786772D03A9554" xlink:type="arc" />
    <link:label id="lab_ftai_LoansandBondsPayableMember_F0A11CE8A80A43B6D8AA677DE9961106_terseLabel_en-US" xlink:label="lab_ftai_LoansandBondsPayableMember_F0A11CE8A80A43B6D8AA677DE9961106" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total principal payments on loans and bonds payable</link:label>
    <link:label id="lab_ftai_LoansandBondsPayableMember_F0A11CE8A80A43B6D8AA677DE9961106_label_en-US" xlink:label="lab_ftai_LoansandBondsPayableMember_F0A11CE8A80A43B6D8AA677DE9961106" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans and Bonds Payable [Member]</link:label>
    <link:label id="lab_ftai_LoansandBondsPayableMember_F0A11CE8A80A43B6D8AA677DE9961106_documentation_en-US" xlink:label="lab_ftai_LoansandBondsPayableMember_F0A11CE8A80A43B6D8AA677DE9961106" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loans and Bonds Payable [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_LoansandBondsPayableMember" xlink:label="loc_ftai_LoansandBondsPayableMember_F0A11CE8A80A43B6D8AA677DE9961106" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_LoansandBondsPayableMember_F0A11CE8A80A43B6D8AA677DE9961106" xlink:to="lab_ftai_LoansandBondsPayableMember_F0A11CE8A80A43B6D8AA677DE9961106" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_8872E5DBBC65731E25C46772D03A0D32_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_8872E5DBBC65731E25C46772D03A0D32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2017</link:label>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_8872E5DBBC65731E25C46772D03A0D32_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_8872E5DBBC65731E25C46772D03A0D32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_8872E5DBBC65731E25C46772D03A0D32" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_8872E5DBBC65731E25C46772D03A0D32" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_8872E5DBBC65731E25C46772D03A0D32" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_998F46AE44FB73F29E7F6772D03A8005_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_998F46AE44FB73F29E7F6772D03A8005" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2018</link:label>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_998F46AE44FB73F29E7F6772D03A8005_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_998F46AE44FB73F29E7F6772D03A8005" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Two</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_998F46AE44FB73F29E7F6772D03A8005" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_998F46AE44FB73F29E7F6772D03A8005" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_998F46AE44FB73F29E7F6772D03A8005" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_A2244B8D1BC4E88C50B86772D03A883B_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_A2244B8D1BC4E88C50B86772D03A883B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2019</link:label>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_A2244B8D1BC4E88C50B86772D03A883B_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_A2244B8D1BC4E88C50B86772D03A883B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Three</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_A2244B8D1BC4E88C50B86772D03A883B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_A2244B8D1BC4E88C50B86772D03A883B" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_A2244B8D1BC4E88C50B86772D03A883B" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_D5BA8C768BE7E91671706772D03AE81D_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_D5BA8C768BE7E91671706772D03AE81D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_D5BA8C768BE7E91671706772D03AE81D_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_D5BA8C768BE7E91671706772D03AE81D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Four</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_D5BA8C768BE7E91671706772D03AE81D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_D5BA8C768BE7E91671706772D03AE81D" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_D5BA8C768BE7E91671706772D03AE81D" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_83F19051718B42D661726772D03A982C_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_83F19051718B42D661726772D03A982C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2021</link:label>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_83F19051718B42D661726772D03A982C_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_83F19051718B42D661726772D03A982C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Five</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_83F19051718B42D661726772D03A982C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_83F19051718B42D661726772D03A982C" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_83F19051718B42D661726772D03A982C" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_8395222A0C8CB73986B16772D03A199A_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_8395222A0C8CB73986B16772D03A199A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Thereafter</link:label>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_8395222A0C8CB73986B16772D03A199A_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_8395222A0C8CB73986B16772D03A199A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal after Year Five</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_8395222A0C8CB73986B16772D03A199A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_8395222A0C8CB73986B16772D03A199A" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_8395222A0C8CB73986B16772D03A199A" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebt_67577D423439306CD7176772D03A9D0C_totalLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_67577D423439306CD7176772D03A9D0C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_67577D423439306CD7176772D03A9D0C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebt_67577D423439306CD7176772D03A9D0C" xlink:to="lab_us-gaap_LongTermDebt_67577D423439306CD7176772D03A9D0C" xlink:type="arc" />
    <link:label id="lab_ftai_DocumentandEntityInformationAbstract_B059C9D3634253796E8C711A09C0EFA9_label_en-US" xlink:label="lab_ftai_DocumentandEntityInformationAbstract_B059C9D3634253796E8C711A09C0EFA9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document and Entity Information [Abstract]</link:label>
    <link:label id="lab_ftai_DocumentandEntityInformationAbstract_B059C9D3634253796E8C711A09C0EFA9_documentation_en-US" xlink:label="lab_ftai_DocumentandEntityInformationAbstract_B059C9D3634253796E8C711A09C0EFA9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Document and Entity Information [Abstract]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_DocumentandEntityInformationAbstract" xlink:label="loc_ftai_DocumentandEntityInformationAbstract_B059C9D3634253796E8C711A09C0EFA9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_DocumentandEntityInformationAbstract_B059C9D3634253796E8C711A09C0EFA9" xlink:to="lab_ftai_DocumentandEntityInformationAbstract_B059C9D3634253796E8C711A09C0EFA9" xlink:type="arc" />
    <link:label id="lab_dei_EntityRegistrantName_6AD06F73DDF84641B162711A09C25F59_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName_6AD06F73DDF84641B162711A09C25F59" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_6AD06F73DDF84641B162711A09C25F59_label_en-US" xlink:label="lab_dei_EntityRegistrantName_6AD06F73DDF84641B162711A09C25F59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_6AD06F73DDF84641B162711A09C25F59" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName_6AD06F73DDF84641B162711A09C25F59" xlink:to="lab_dei_EntityRegistrantName_6AD06F73DDF84641B162711A09C25F59" xlink:type="arc" />
    <link:label id="lab_dei_EntityCentralIndexKey_B3D4E89A2A36CC42DD79711A09C34084_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey_B3D4E89A2A36CC42DD79711A09C34084" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_B3D4E89A2A36CC42DD79711A09C34084_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey_B3D4E89A2A36CC42DD79711A09C34084" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_B3D4E89A2A36CC42DD79711A09C34084" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey_B3D4E89A2A36CC42DD79711A09C34084" xlink:to="lab_dei_EntityCentralIndexKey_B3D4E89A2A36CC42DD79711A09C34084" xlink:type="arc" />
    <link:label id="lab_dei_DocumentType_37A1CE44561410BD1011711A09C31E7D_terseLabel_en-US" xlink:label="lab_dei_DocumentType_37A1CE44561410BD1011711A09C31E7D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_37A1CE44561410BD1011711A09C31E7D_label_en-US" xlink:label="lab_dei_DocumentType_37A1CE44561410BD1011711A09C31E7D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType_37A1CE44561410BD1011711A09C31E7D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType_37A1CE44561410BD1011711A09C31E7D" xlink:to="lab_dei_DocumentType_37A1CE44561410BD1011711A09C31E7D" xlink:type="arc" />
    <link:label id="lab_dei_DocumentPeriodEndDate_5BCDA107FC4CE0C63E8F711A09C3DBE2_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_5BCDA107FC4CE0C63E8F711A09C3DBE2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_5BCDA107FC4CE0C63E8F711A09C3DBE2_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_5BCDA107FC4CE0C63E8F711A09C3DBE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate_5BCDA107FC4CE0C63E8F711A09C3DBE2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate_5BCDA107FC4CE0C63E8F711A09C3DBE2" xlink:to="lab_dei_DocumentPeriodEndDate_5BCDA107FC4CE0C63E8F711A09C3DBE2" xlink:type="arc" />
    <link:label id="lab_dei_DocumentFiscalYearFocus_7C3199AF8A45B8061679711A09C38939_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_7C3199AF8A45B8061679711A09C38939" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalYearFocus_7C3199AF8A45B8061679711A09C38939_label_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_7C3199AF8A45B8061679711A09C38939" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_dei_DocumentFiscalYearFocus_7C3199AF8A45B8061679711A09C38939" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalYearFocus_7C3199AF8A45B8061679711A09C38939" xlink:to="lab_dei_DocumentFiscalYearFocus_7C3199AF8A45B8061679711A09C38939" xlink:type="arc" />
    <link:label id="lab_dei_AmendmentFlag_D4C259262DA0A36CE6C3711A09C36292_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag_D4C259262DA0A36CE6C3711A09C36292" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_D4C259262DA0A36CE6C3711A09C36292_label_en-US" xlink:label="lab_dei_AmendmentFlag_D4C259262DA0A36CE6C3711A09C36292" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag_D4C259262DA0A36CE6C3711A09C36292" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag_D4C259262DA0A36CE6C3711A09C36292" xlink:to="lab_dei_AmendmentFlag_D4C259262DA0A36CE6C3711A09C36292" xlink:type="arc" />
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_CB96AB35A238384BC303711A09C3A6BA_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus_CB96AB35A238384BC303711A09C3A6BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_CB96AB35A238384BC303711A09C3A6BA_label_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus_CB96AB35A238384BC303711A09C3A6BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_dei_DocumentFiscalPeriodFocus_CB96AB35A238384BC303711A09C3A6BA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalPeriodFocus_CB96AB35A238384BC303711A09C3A6BA" xlink:to="lab_dei_DocumentFiscalPeriodFocus_CB96AB35A238384BC303711A09C3A6BA" xlink:type="arc" />
    <link:label id="lab_dei_CurrentFiscalYearEndDate_BF556A64B1AE6CB85C32711A09C3D9F5_terseLabel_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_BF556A64B1AE6CB85C32711A09C3D9F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_BF556A64B1AE6CB85C32711A09C3D9F5_label_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_BF556A64B1AE6CB85C32711A09C3D9F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_dei_CurrentFiscalYearEndDate_BF556A64B1AE6CB85C32711A09C3D9F5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CurrentFiscalYearEndDate_BF556A64B1AE6CB85C32711A09C3D9F5" xlink:to="lab_dei_CurrentFiscalYearEndDate_BF556A64B1AE6CB85C32711A09C3D9F5" xlink:type="arc" />
    <link:label id="lab_dei_EntityFilerCategory_11D2B0FD427F4FB718F7711A09C358C4_terseLabel_en-US" xlink:label="lab_dei_EntityFilerCategory_11D2B0FD427F4FB718F7711A09C358C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:label id="lab_dei_EntityFilerCategory_11D2B0FD427F4FB718F7711A09C358C4_label_en-US" xlink:label="lab_dei_EntityFilerCategory_11D2B0FD427F4FB718F7711A09C358C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityFilerCategory" xlink:label="loc_dei_EntityFilerCategory_11D2B0FD427F4FB718F7711A09C358C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFilerCategory_11D2B0FD427F4FB718F7711A09C358C4" xlink:to="lab_dei_EntityFilerCategory_11D2B0FD427F4FB718F7711A09C358C4" xlink:type="arc" />
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_16405ED180743ED29E72711A09C3787C_terseLabel_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding_16405ED180743ED29E72711A09C3787C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_16405ED180743ED29E72711A09C3787C_label_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding_16405ED180743ED29E72711A09C3787C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_dei_EntityCommonStockSharesOutstanding_16405ED180743ED29E72711A09C3787C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCommonStockSharesOutstanding_16405ED180743ED29E72711A09C3787C" xlink:to="lab_dei_EntityCommonStockSharesOutstanding_16405ED180743ED29E72711A09C3787C" xlink:type="arc" />
    <link:label id="lab_dei_EntityWellKnownSeasonedIssuer_7F95E5AF40402AAC9817711FBD8C8C25_terseLabel_en-US" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer_7F95E5AF40402AAC9817711FBD8C8C25" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
    <link:label id="lab_dei_EntityWellKnownSeasonedIssuer_7F95E5AF40402AAC9817711FBD8C8C25_label_en-US" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer_7F95E5AF40402AAC9817711FBD8C8C25" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_dei_EntityWellKnownSeasonedIssuer_7F95E5AF40402AAC9817711FBD8C8C25" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityWellKnownSeasonedIssuer_7F95E5AF40402AAC9817711FBD8C8C25" xlink:to="lab_dei_EntityWellKnownSeasonedIssuer_7F95E5AF40402AAC9817711FBD8C8C25" xlink:type="arc" />
    <link:label id="lab_dei_EntityVoluntaryFilers_F595BC9FDCFB22EFE0F9711FBE425CB1_terseLabel_en-US" xlink:label="lab_dei_EntityVoluntaryFilers_F595BC9FDCFB22EFE0F9711FBE425CB1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Voluntary Filers</link:label>
    <link:label id="lab_dei_EntityVoluntaryFilers_F595BC9FDCFB22EFE0F9711FBE425CB1_label_en-US" xlink:label="lab_dei_EntityVoluntaryFilers_F595BC9FDCFB22EFE0F9711FBE425CB1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Voluntary Filers</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_dei_EntityVoluntaryFilers_F595BC9FDCFB22EFE0F9711FBE425CB1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityVoluntaryFilers_F595BC9FDCFB22EFE0F9711FBE425CB1" xlink:to="lab_dei_EntityVoluntaryFilers_F595BC9FDCFB22EFE0F9711FBE425CB1" xlink:type="arc" />
    <link:label id="lab_dei_EntityCurrentReportingStatus_33BD788E72BE359B9A31711FBE723BA7_terseLabel_en-US" xlink:label="lab_dei_EntityCurrentReportingStatus_33BD788E72BE359B9A31711FBE723BA7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Current Reporting Status</link:label>
    <link:label id="lab_dei_EntityCurrentReportingStatus_33BD788E72BE359B9A31711FBE723BA7_label_en-US" xlink:label="lab_dei_EntityCurrentReportingStatus_33BD788E72BE359B9A31711FBE723BA7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Current Reporting Status</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_dei_EntityCurrentReportingStatus_33BD788E72BE359B9A31711FBE723BA7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCurrentReportingStatus_33BD788E72BE359B9A31711FBE723BA7" xlink:to="lab_dei_EntityCurrentReportingStatus_33BD788E72BE359B9A31711FBE723BA7" xlink:type="arc" />
    <link:label id="lab_dei_EntityPublicFloat_5713ABE198A1046F72B4711A09C3EE65_terseLabel_en-US" xlink:label="lab_dei_EntityPublicFloat_5713ABE198A1046F72B4711A09C3EE65" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Public Float</link:label>
    <link:label id="lab_dei_EntityPublicFloat_5713ABE198A1046F72B4711A09C3EE65_label_en-US" xlink:label="lab_dei_EntityPublicFloat_5713ABE198A1046F72B4711A09C3EE65" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Public Float</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityPublicFloat" xlink:label="loc_dei_EntityPublicFloat_5713ABE198A1046F72B4711A09C3EE65" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityPublicFloat_5713ABE198A1046F72B4711A09C3EE65" xlink:to="lab_dei_EntityPublicFloat_5713ABE198A1046F72B4711A09C3EE65" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_C9CFD2DCB76B26535A134CC95FD0DC73_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_C9CFD2DCB76B26535A134CC95FD0DC73" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">U.S. federal tax rate</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_C9CFD2DCB76B26535A134CC95FD0DC73_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_C9CFD2DCB76B26535A134CC95FD0DC73" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_C9CFD2DCB76B26535A134CC95FD0DC73" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_C9CFD2DCB76B26535A134CC95FD0DC73" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_C9CFD2DCB76B26535A134CC95FD0DC73" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsValuationAllowance_223ADA7E16F4B334BB364CC95FD0A28F_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsValuationAllowance_223ADA7E16F4B334BB364CC95FD0A28F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation allowance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="loc_us-gaap_DeferredTaxAssetsValuationAllowance_223ADA7E16F4B334BB364CC95FD0A28F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsValuationAllowance_223ADA7E16F4B334BB364CC95FD0A28F" xlink:to="lab_us-gaap_DeferredTaxAssetsValuationAllowance_223ADA7E16F4B334BB364CC95FD0A28F" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLossCarryforwardsTable_08E2AF40DF3A3AC93B5E4CC95FD062B4_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLossCarryforwardsTable_08E2AF40DF3A3AC93B5E4CC95FD062B4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Loss Carryforwards [Table]</link:label>
    <link:label id="lab_us-gaap_OperatingLossCarryforwardsTable_08E2AF40DF3A3AC93B5E4CC95FD062B4_label_en-US" xlink:label="lab_us-gaap_OperatingLossCarryforwardsTable_08E2AF40DF3A3AC93B5E4CC95FD062B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Loss Carryforwards [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLossCarryforwardsTable" xlink:label="loc_us-gaap_OperatingLossCarryforwardsTable_08E2AF40DF3A3AC93B5E4CC95FD062B4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLossCarryforwardsTable_08E2AF40DF3A3AC93B5E4CC95FD062B4" xlink:to="lab_us-gaap_OperatingLossCarryforwardsTable_08E2AF40DF3A3AC93B5E4CC95FD062B4" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxAuthorityNameAxis_99428AE1DB7DA7B724824CC95FD0AF11_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityNameAxis_99428AE1DB7DA7B724824CC95FD0AF11" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Tax Authority, Name [Axis]</link:label>
    <link:label id="lab_us-gaap_IncomeTaxAuthorityNameAxis_99428AE1DB7DA7B724824CC95FD0AF11_label_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityNameAxis_99428AE1DB7DA7B724824CC95FD0AF11" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Authority, Name [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxAuthorityNameAxis" xlink:label="loc_us-gaap_IncomeTaxAuthorityNameAxis_99428AE1DB7DA7B724824CC95FD0AF11" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxAuthorityNameAxis_99428AE1DB7DA7B724824CC95FD0AF11" xlink:to="lab_us-gaap_IncomeTaxAuthorityNameAxis_99428AE1DB7DA7B724824CC95FD0AF11" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxAuthorityNameDomain_0533CE979C23B67EA9864CC95FD0EFB3_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityNameDomain_0533CE979C23B67EA9864CC95FD0EFB3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Tax Authority, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_IncomeTaxAuthorityNameDomain_0533CE979C23B67EA9864CC95FD0EFB3_label_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityNameDomain_0533CE979C23B67EA9864CC95FD0EFB3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Authority, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxAuthorityNameDomain" xlink:label="loc_us-gaap_IncomeTaxAuthorityNameDomain_0533CE979C23B67EA9864CC95FD0EFB3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxAuthorityNameDomain_0533CE979C23B67EA9864CC95FD0EFB3" xlink:to="lab_us-gaap_IncomeTaxAuthorityNameDomain_0533CE979C23B67EA9864CC95FD0EFB3" xlink:type="arc" />
    <link:label id="lab_us-gaap_CanadaRevenueAgencyMember_8B3BB3873A027A801D9E4CC95FD049C0_terseLabel_en-US" xlink:label="lab_us-gaap_CanadaRevenueAgencyMember_8B3BB3873A027A801D9E4CC95FD049C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Canada Revenue Agency</link:label>
    <link:label id="lab_us-gaap_CanadaRevenueAgencyMember_8B3BB3873A027A801D9E4CC95FD049C0_label_en-US" xlink:label="lab_us-gaap_CanadaRevenueAgencyMember_8B3BB3873A027A801D9E4CC95FD049C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Canada Revenue Agency [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CanadaRevenueAgencyMember" xlink:label="loc_us-gaap_CanadaRevenueAgencyMember_8B3BB3873A027A801D9E4CC95FD049C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CanadaRevenueAgencyMember_8B3BB3873A027A801D9E4CC95FD049C0" xlink:to="lab_us-gaap_CanadaRevenueAgencyMember_8B3BB3873A027A801D9E4CC95FD049C0" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueCommissionersIrelandMember_07584CD74DA90579008D4CC95FD1BD3F_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueCommissionersIrelandMember_07584CD74DA90579008D4CC95FD1BD3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue Commissioners, Ireland</link:label>
    <link:label id="lab_us-gaap_RevenueCommissionersIrelandMember_07584CD74DA90579008D4CC95FD1BD3F_label_en-US" xlink:label="lab_us-gaap_RevenueCommissionersIrelandMember_07584CD74DA90579008D4CC95FD1BD3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue Commissioners, Ireland [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RevenueCommissionersIrelandMember" xlink:label="loc_us-gaap_RevenueCommissionersIrelandMember_07584CD74DA90579008D4CC95FD1BD3F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueCommissionersIrelandMember_07584CD74DA90579008D4CC95FD1BD3F" xlink:to="lab_us-gaap_RevenueCommissionersIrelandMember_07584CD74DA90579008D4CC95FD1BD3F" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsidiariesMember_480D9F10104A4365A1C54CC95FD177E1_verboseLabel_en-US" xlink:label="lab_us-gaap_SubsidiariesMember_480D9F10104A4365A1C54CC95FD177E1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Subsidiaries</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsidiariesMember" xlink:label="loc_us-gaap_SubsidiariesMember_480D9F10104A4365A1C54CC95FD177E1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsidiariesMember_480D9F10104A4365A1C54CC95FD177E1" xlink:to="lab_us-gaap_SubsidiariesMember_480D9F10104A4365A1C54CC95FD177E1" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxAuthorityAxis_AFF719D5649FB11165214CC95FD13F81_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityAxis_AFF719D5649FB11165214CC95FD13F81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Tax Authority [Axis]</link:label>
    <link:label id="lab_us-gaap_IncomeTaxAuthorityAxis_AFF719D5649FB11165214CC95FD13F81_label_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityAxis_AFF719D5649FB11165214CC95FD13F81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Authority [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxAuthorityAxis" xlink:label="loc_us-gaap_IncomeTaxAuthorityAxis_AFF719D5649FB11165214CC95FD13F81" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxAuthorityAxis_AFF719D5649FB11165214CC95FD13F81" xlink:to="lab_us-gaap_IncomeTaxAuthorityAxis_AFF719D5649FB11165214CC95FD13F81" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxAuthorityDomain_B906C86579FBACE31FA14CC95FD16A74_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityDomain_B906C86579FBACE31FA14CC95FD16A74" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Tax Authority [Domain]</link:label>
    <link:label id="lab_us-gaap_IncomeTaxAuthorityDomain_B906C86579FBACE31FA14CC95FD16A74_label_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityDomain_B906C86579FBACE31FA14CC95FD16A74" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Authority [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxAuthorityDomain" xlink:label="loc_us-gaap_IncomeTaxAuthorityDomain_B906C86579FBACE31FA14CC95FD16A74" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxAuthorityDomain_B906C86579FBACE31FA14CC95FD16A74" xlink:to="lab_us-gaap_IncomeTaxAuthorityDomain_B906C86579FBACE31FA14CC95FD16A74" xlink:type="arc" />
    <link:label id="lab_us-gaap_DomesticCountryMember_282903DFF8AFF792CDAB4CC95FD182D8_terseLabel_en-US" xlink:label="lab_us-gaap_DomesticCountryMember_282903DFF8AFF792CDAB4CC95FD182D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">U.S. Federal</link:label>
    <link:label id="lab_us-gaap_DomesticCountryMember_282903DFF8AFF792CDAB4CC95FD182D8_label_en-US" xlink:label="lab_us-gaap_DomesticCountryMember_282903DFF8AFF792CDAB4CC95FD182D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Domestic Tax Authority [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DomesticCountryMember" xlink:label="loc_us-gaap_DomesticCountryMember_282903DFF8AFF792CDAB4CC95FD182D8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DomesticCountryMember_282903DFF8AFF792CDAB4CC95FD182D8" xlink:to="lab_us-gaap_DomesticCountryMember_282903DFF8AFF792CDAB4CC95FD182D8" xlink:type="arc" />
    <link:label id="lab_us-gaap_StateAndLocalJurisdictionMember_E70344FAAD4A2CC7157F4CC95FD14C2F_terseLabel_en-US" xlink:label="lab_us-gaap_StateAndLocalJurisdictionMember_E70344FAAD4A2CC7157F4CC95FD14C2F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">State and Local Jurisdiction</link:label>
    <link:label id="lab_us-gaap_StateAndLocalJurisdictionMember_E70344FAAD4A2CC7157F4CC95FD14C2F_label_en-US" xlink:label="lab_us-gaap_StateAndLocalJurisdictionMember_E70344FAAD4A2CC7157F4CC95FD14C2F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">State and Local Jurisdiction [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StateAndLocalJurisdictionMember" xlink:label="loc_us-gaap_StateAndLocalJurisdictionMember_E70344FAAD4A2CC7157F4CC95FD14C2F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StateAndLocalJurisdictionMember_E70344FAAD4A2CC7157F4CC95FD14C2F" xlink:to="lab_us-gaap_StateAndLocalJurisdictionMember_E70344FAAD4A2CC7157F4CC95FD14C2F" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLossCarryforwardsLineItems_B2247ED7E0151EC1D8F44CC95FD1D13D_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLossCarryforwardsLineItems_B2247ED7E0151EC1D8F44CC95FD1D13D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Loss Carryforwards [Line Items]</link:label>
    <link:label id="lab_us-gaap_OperatingLossCarryforwardsLineItems_B2247ED7E0151EC1D8F44CC95FD1D13D_label_en-US" xlink:label="lab_us-gaap_OperatingLossCarryforwardsLineItems_B2247ED7E0151EC1D8F44CC95FD1D13D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Loss Carryforwards [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLossCarryforwardsLineItems" xlink:label="loc_us-gaap_OperatingLossCarryforwardsLineItems_B2247ED7E0151EC1D8F44CC95FD1D13D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLossCarryforwardsLineItems_B2247ED7E0151EC1D8F44CC95FD1D13D" xlink:to="lab_us-gaap_OperatingLossCarryforwardsLineItems_B2247ED7E0151EC1D8F44CC95FD1D13D" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLossCarryforwards_7ABDDE6E2EC7CACA93FD4CC95FD139AF_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLossCarryforwards_7ABDDE6E2EC7CACA93FD4CC95FD139AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating loss carryforwards</link:label>
    <link:label id="lab_us-gaap_OperatingLossCarryforwards_7ABDDE6E2EC7CACA93FD4CC95FD139AF_label_en-US" xlink:label="lab_us-gaap_OperatingLossCarryforwards_7ABDDE6E2EC7CACA93FD4CC95FD139AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Loss Carryforwards</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLossCarryforwards" xlink:label="loc_us-gaap_OperatingLossCarryforwards_7ABDDE6E2EC7CACA93FD4CC95FD139AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLossCarryforwards_7ABDDE6E2EC7CACA93FD4CC95FD139AF" xlink:to="lab_us-gaap_OperatingLossCarryforwards_7ABDDE6E2EC7CACA93FD4CC95FD139AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_433E61F820440DC6DDE45E57CE5DC388_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_433E61F820440DC6DDE45E57CE5DC388" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">COMMITMENTS AND CONTINGENCIES</link:label>
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_433E61F820440DC6DDE45E57CE5DC388_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_433E61F820440DC6DDE45E57CE5DC388" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_433E61F820440DC6DDE45E57CE5DC388" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_433E61F820440DC6DDE45E57CE5DC388" xlink:to="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_433E61F820440DC6DDE45E57CE5DC388" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsIncomeTaxReconciliationAbstract_FF8F22DA03A78EA49FB2677C209856CD_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsIncomeTaxReconciliationAbstract_FF8F22DA03A78EA49FB2677C209856CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Amount [Abstract]</link:label>
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsIncomeTaxReconciliationAbstract_FF8F22DA03A78EA49FB2677C209856CD_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsIncomeTaxReconciliationAbstract_FF8F22DA03A78EA49FB2677C209856CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Amount [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitContinuingOperationsIncomeTaxReconciliationAbstract" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsIncomeTaxReconciliationAbstract_FF8F22DA03A78EA49FB2677C209856CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsIncomeTaxReconciliationAbstract_FF8F22DA03A78EA49FB2677C209856CD" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsIncomeTaxReconciliationAbstract_FF8F22DA03A78EA49FB2677C209856CD" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_A2FFACAF0C96EBF3F283677C2099BC64_verboseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_A2FFACAF0C96EBF3F283677C2099BC64" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">U.S. federal tax at statutory rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_A2FFACAF0C96EBF3F283677C2099BC64" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_A2FFACAF0C96EBF3F283677C2099BC64" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_A2FFACAF0C96EBF3F283677C2099BC64" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_47553DD23BF6D2597ACD677C2099A1FC_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_47553DD23BF6D2597ACD677C2099A1FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income not subject to tax</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_47553DD23BF6D2597ACD677C2099A1FC_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_47553DD23BF6D2597ACD677C2099A1FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Tax Exempt Income, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_47553DD23BF6D2597ACD677C2099A1FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_47553DD23BF6D2597ACD677C2099A1FC" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_47553DD23BF6D2597ACD677C2099A1FC" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense_2C3F1AE026FBB6792B59677C2099E9AC_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense_2C3F1AE026FBB6792B59677C2099E9AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Noncontrolling Interest Income (Loss), Percent</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense_2C3F1AE026FBB6792B59677C2099E9AC_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense_2C3F1AE026FBB6792B59677C2099E9AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Noncontrolling Interest Income (Loss), Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense_2C3F1AE026FBB6792B59677C2099E9AC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense_2C3F1AE026FBB6792B59677C2099E9AC" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense_2C3F1AE026FBB6792B59677C2099E9AC" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_A8769E125475D85F54C2677C2099C3C9_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_A8769E125475D85F54C2677C2099C3C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">State and local taxes</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_A8769E125475D85F54C2677C2099C3C9_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_A8769E125475D85F54C2677C2099C3C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_A8769E125475D85F54C2677C2099C3C9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_A8769E125475D85F54C2677C2099C3C9" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_A8769E125475D85F54C2677C2099C3C9" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_C70E87986EAC31E6AC63677C2099B61E_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_C70E87986EAC31E6AC63677C2099B61E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign taxes</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_C70E87986EAC31E6AC63677C2099B61E_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_C70E87986EAC31E6AC63677C2099B61E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_C70E87986EAC31E6AC63677C2099B61E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_C70E87986EAC31E6AC63677C2099B61E" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_C70E87986EAC31E6AC63677C2099B61E" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_F6467C999D615C51D8EE677C20997507_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_F6467C999D615C51D8EE677C20997507" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_F6467C999D615C51D8EE677C20997507_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_F6467C999D615C51D8EE677C20997507" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Other Adjustments, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_F6467C999D615C51D8EE677C20997507" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_F6467C999D615C51D8EE677C20997507" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_F6467C999D615C51D8EE677C20997507" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_C5A15129F33154906AD2677C20993862_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_C5A15129F33154906AD2677C20993862" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in valuation allowance</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_C5A15129F33154906AD2677C20993862_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_C5A15129F33154906AD2677C20993862" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_C5A15129F33154906AD2677C20993862" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_C5A15129F33154906AD2677C20993862" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_C5A15129F33154906AD2677C20993862" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_F6CD98AA7F76399F802B677C20990CEC_totalLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_F6CD98AA7F76399F802B677C20990CEC" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Provision for income taxes</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_F6CD98AA7F76399F802B677C20990CEC_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_F6CD98AA7F76399F802B677C20990CEC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_F6CD98AA7F76399F802B677C20990CEC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_F6CD98AA7F76399F802B677C20990CEC" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_F6CD98AA7F76399F802B677C20990CEC" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentMember_C2E8386DF12ECDBF2D3F2EDD435B2310_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentMember_5E6FD5685B2E53AEAA7A976E7C319989" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Member]</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentMember_C2E8386DF12ECDBF2D3F2EDD435B2310_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentMember_5E6FD5685B2E53AEAA7A976E7C319989" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentMember" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentMember_5E6FD5685B2E53AEAA7A976E7C319989" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentMember_5E6FD5685B2E53AEAA7A976E7C319989" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentMember_5E6FD5685B2E53AEAA7A976E7C319989" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet_428F5CA06EBB3EA9A7502EDD435D6282_verboseLabel_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet_84F8039123BA565C89CE2D7EE7838850" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment and equipment held for lease, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet" xlink:label="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet_84F8039123BA565C89CE2D7EE7838850" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet_84F8039123BA565C89CE2D7EE7838850" xlink:to="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet_84F8039123BA565C89CE2D7EE7838850" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear_16226A1162A2A2D6A8BE5C488823DE3F_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear_16226A1162A2A2D6A8BE5C488823DE3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2017</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear_16226A1162A2A2D6A8BE5C488823DE3F_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear_16226A1162A2A2D6A8BE5C488823DE3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Receivable, Remainder of Fiscal Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear_16226A1162A2A2D6A8BE5C488823DE3F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear_16226A1162A2A2D6A8BE5C488823DE3F" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear_16226A1162A2A2D6A8BE5C488823DE3F" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears_5B3CB9C122002836FA385C488823A546_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears_5B3CB9C122002836FA385C488823A546" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2018</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears_5B3CB9C122002836FA385C488823A546_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears_5B3CB9C122002836FA385C488823A546" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Receivable, in Two Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears_5B3CB9C122002836FA385C488823A546" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears_5B3CB9C122002836FA385C488823A546" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears_5B3CB9C122002836FA385C488823A546" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears_73A92AAD9C8815F062265C488823AD82_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears_73A92AAD9C8815F062265C488823AD82" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2019</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears_73A92AAD9C8815F062265C488823AD82_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears_73A92AAD9C8815F062265C488823AD82" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Receivable, in Three Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears_73A92AAD9C8815F062265C488823AD82" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears_73A92AAD9C8815F062265C488823AD82" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears_73A92AAD9C8815F062265C488823AD82" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears_04E7598F4D2AEF4859175C4888247AB0_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears_04E7598F4D2AEF4859175C4888247AB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears_04E7598F4D2AEF4859175C4888247AB0_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears_04E7598F4D2AEF4859175C4888247AB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Receivable, in Four Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears_04E7598F4D2AEF4859175C4888247AB0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears_04E7598F4D2AEF4859175C4888247AB0" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears_04E7598F4D2AEF4859175C4888247AB0" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears_74003583CA850EEC57405C4888243600_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears_74003583CA850EEC57405C4888243600" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2021</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears_74003583CA850EEC57405C4888243600_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears_74003583CA850EEC57405C4888243600" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Receivable, in Five Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears_74003583CA850EEC57405C4888243600" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears_74003583CA850EEC57405C4888243600" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears_74003583CA850EEC57405C4888243600" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter_A53C8CA76A8FAA822D635C488824DAD1_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter_A53C8CA76A8FAA822D635C488824DAD1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Thereafter</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter_A53C8CA76A8FAA822D635C488824DAD1_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter_A53C8CA76A8FAA822D635C488824DAD1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Receivable, Thereafter</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter_A53C8CA76A8FAA822D635C488824DAD1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter_A53C8CA76A8FAA822D635C488824DAD1" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter_A53C8CA76A8FAA822D635C488824DAD1" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable_4D5CA4F39192B39C43B15C4888240101_totalLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable_4D5CA4F39192B39C43B15C4888240101" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable_4D5CA4F39192B39C43B15C4888240101_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable_4D5CA4F39192B39C43B15C4888240101" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable_4D5CA4F39192B39C43B15C4888240101" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable_4D5CA4F39192B39C43B15C4888240101" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable_4D5CA4F39192B39C43B15C4888240101" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_C8C5B4A41E02D11AAFC05C4887DFF267_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_C8C5B4A41E02D11AAFC05C4887DFF267" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Components of Income Tax Expense</link:label>
    <link:label id="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_C8C5B4A41E02D11AAFC05C4887DFF267_label_en-US" xlink:label="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_C8C5B4A41E02D11AAFC05C4887DFF267" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_C8C5B4A41E02D11AAFC05C4887DFF267" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_C8C5B4A41E02D11AAFC05C4887DFF267" xlink:to="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_C8C5B4A41E02D11AAFC05C4887DFF267" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_21A5EC9A25EE287CE0725C4887DFE35C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_21A5EC9A25EE287CE0725C4887DFE35C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Effective Income Tax Rate Reconciliation</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_21A5EC9A25EE287CE0725C4887DFE35C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_21A5EC9A25EE287CE0725C4887DFE35C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_21A5EC9A25EE287CE0725C4887DFE35C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_21A5EC9A25EE287CE0725C4887DFE35C" xlink:to="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_21A5EC9A25EE287CE0725C4887DFE35C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_3CB754C638781826B8125C4887DFDA79_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_3CB754C638781826B8125C4887DFDA79" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Deferred Tax Assets and Liabilities</link:label>
    <link:label id="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_3CB754C638781826B8125C4887DFDA79_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_3CB754C638781826B8125C4887DFDA79" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Deferred Tax Assets and Liabilities [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_3CB754C638781826B8125C4887DFDA79" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_3CB754C638781826B8125C4887DFDA79" xlink:to="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_3CB754C638781826B8125C4887DFDA79" xlink:type="arc" />
    <link:label id="lab_us-gaap_SummaryOfValuationAllowanceTextBlock_72461B38DB9F15F06A395C4887E0259C_terseLabel_en-US" xlink:label="lab_us-gaap_SummaryOfValuationAllowanceTextBlock_72461B38DB9F15F06A395C4887E0259C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Valuation Allowance</link:label>
    <link:label id="lab_us-gaap_SummaryOfValuationAllowanceTextBlock_72461B38DB9F15F06A395C4887E0259C_label_en-US" xlink:label="lab_us-gaap_SummaryOfValuationAllowanceTextBlock_72461B38DB9F15F06A395C4887E0259C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Summary of Valuation Allowance [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SummaryOfValuationAllowanceTextBlock" xlink:label="loc_us-gaap_SummaryOfValuationAllowanceTextBlock_72461B38DB9F15F06A395C4887E0259C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SummaryOfValuationAllowanceTextBlock_72461B38DB9F15F06A395C4887E0259C" xlink:to="lab_us-gaap_SummaryOfValuationAllowanceTextBlock_72461B38DB9F15F06A395C4887E0259C" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentsTextBlock_D2E240647667BB8B059C5E3A0B94B4AE_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsTextBlock_D2E240647667BB8B059C5E3A0B94B4AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Method Investments</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentsTextBlock_D2E240647667BB8B059C5E3A0B94B4AE_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsTextBlock_D2E240647667BB8B059C5E3A0B94B4AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investments [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityMethodInvestmentsTextBlock" xlink:label="loc_us-gaap_EquityMethodInvestmentsTextBlock_D2E240647667BB8B059C5E3A0B94B4AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentsTextBlock_D2E240647667BB8B059C5E3A0B94B4AE" xlink:to="lab_us-gaap_EquityMethodInvestmentsTextBlock_D2E240647667BB8B059C5E3A0B94B4AE" xlink:type="arc" />
    <link:label id="lab_ftai_AccountingPoliciesTable_ABA3E6AEE1977E4720AB6D7131AA7013_terseLabel_en-US" xlink:label="lab_ftai_AccountingPoliciesTable_ABA3E6AEE1977E4720AB6D7131AA7013" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounting Policies [Table]</link:label>
    <link:label id="lab_ftai_AccountingPoliciesTable_ABA3E6AEE1977E4720AB6D7131AA7013_label_en-US" xlink:label="lab_ftai_AccountingPoliciesTable_ABA3E6AEE1977E4720AB6D7131AA7013" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Policies [Table]</link:label>
    <link:label id="lab_ftai_AccountingPoliciesTable_ABA3E6AEE1977E4720AB6D7131AA7013_documentation_en-US" xlink:label="lab_ftai_AccountingPoliciesTable_ABA3E6AEE1977E4720AB6D7131AA7013" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accounting Policies [Table]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_AccountingPoliciesTable" xlink:label="loc_ftai_AccountingPoliciesTable_ABA3E6AEE1977E4720AB6D7131AA7013" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_AccountingPoliciesTable_ABA3E6AEE1977E4720AB6D7131AA7013" xlink:to="lab_ftai_AccountingPoliciesTable_ABA3E6AEE1977E4720AB6D7131AA7013" xlink:type="arc" />
    <link:label id="lab_ftai_AcquiredLeasesMember_8B93C6F3B35B0A234DBD6D7131AAE992_terseLabel_en-US" xlink:label="lab_ftai_AcquiredLeasesMember_8B93C6F3B35B0A234DBD6D7131AAE992" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquired Leases [Member]</link:label>
    <link:label id="lab_ftai_AcquiredLeasesMember_8B93C6F3B35B0A234DBD6D7131AAE992_label_en-US" xlink:label="lab_ftai_AcquiredLeasesMember_8B93C6F3B35B0A234DBD6D7131AAE992" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquired Leases [Member]</link:label>
    <link:label id="lab_ftai_AcquiredLeasesMember_8B93C6F3B35B0A234DBD6D7131AAE992_documentation_en-US" xlink:label="lab_ftai_AcquiredLeasesMember_8B93C6F3B35B0A234DBD6D7131AAE992" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Acquired Leases [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_AcquiredLeasesMember" xlink:label="loc_ftai_AcquiredLeasesMember_8B93C6F3B35B0A234DBD6D7131AAE992" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_AcquiredLeasesMember_8B93C6F3B35B0A234DBD6D7131AAE992" xlink:to="lab_ftai_AcquiredLeasesMember_8B93C6F3B35B0A234DBD6D7131AAE992" xlink:type="arc" />
    <link:label id="lab_ftai_RepaunoMember_696A88605A87417127C26D7131ABD97A_terseLabel_en-US" xlink:label="lab_ftai_RepaunoMember_696A88605A87417127C26D7131ABD97A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repauno</link:label>
    <link:label id="lab_ftai_RepaunoMember_696A88605A87417127C26D7131ABD97A_label_en-US" xlink:label="lab_ftai_RepaunoMember_696A88605A87417127C26D7131ABD97A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repauno [Member]</link:label>
    <link:label id="lab_ftai_RepaunoMember_696A88605A87417127C26D7131ABD97A_documentation_en-US" xlink:label="lab_ftai_RepaunoMember_696A88605A87417127C26D7131ABD97A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Repauno [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RepaunoMember" xlink:label="loc_ftai_RepaunoMember_696A88605A87417127C26D7131ABD97A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RepaunoMember_696A88605A87417127C26D7131ABD97A" xlink:to="lab_ftai_RepaunoMember_696A88605A87417127C26D7131ABD97A" xlink:type="arc" />
    <link:label id="lab_ftai_DrydockingsMember_01040B99FDDE7F8EF9FE6D7131AB5C45_terseLabel_en-US" xlink:label="lab_ftai_DrydockingsMember_01040B99FDDE7F8EF9FE6D7131AB5C45" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Drydockings [Member]</link:label>
    <link:label id="lab_ftai_DrydockingsMember_01040B99FDDE7F8EF9FE6D7131AB5C45_label_en-US" xlink:label="lab_ftai_DrydockingsMember_01040B99FDDE7F8EF9FE6D7131AB5C45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Drydockings [Member]</link:label>
    <link:label id="lab_ftai_DrydockingsMember_01040B99FDDE7F8EF9FE6D7131AB5C45_documentation_en-US" xlink:label="lab_ftai_DrydockingsMember_01040B99FDDE7F8EF9FE6D7131AB5C45" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Drydockings [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_DrydockingsMember" xlink:label="loc_ftai_DrydockingsMember_01040B99FDDE7F8EF9FE6D7131AB5C45" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_DrydockingsMember_01040B99FDDE7F8EF9FE6D7131AB5C45" xlink:to="lab_ftai_DrydockingsMember_01040B99FDDE7F8EF9FE6D7131AB5C45" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_80DE8985A97AA638597D6D7131AC0F3F_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_80DE8985A97AA638597D6D7131AC0F3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Interest Entities [Axis]</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_80DE8985A97AA638597D6D7131AC0F3F_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_80DE8985A97AA638597D6D7131AC0F3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entities [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="loc_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_80DE8985A97AA638597D6D7131AC0F3F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_80DE8985A97AA638597D6D7131AC0F3F" xlink:to="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_80DE8985A97AA638597D6D7131AC0F3F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_1C611DA0F38083F10EFC6D7131AC0CCF_terseLabel_en-US" xlink:label="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_1C611DA0F38083F10EFC6D7131AC0CCF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Classification [Domain]</link:label>
    <link:label id="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_1C611DA0F38083F10EFC6D7131AC0CCF_label_en-US" xlink:label="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_1C611DA0F38083F10EFC6D7131AC0CCF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Classification [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="loc_us-gaap_ClassificationOfVariableInterestEntityDomain_1C611DA0F38083F10EFC6D7131AC0CCF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassificationOfVariableInterestEntityDomain_1C611DA0F38083F10EFC6D7131AC0CCF" xlink:to="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_1C611DA0F38083F10EFC6D7131AC0CCF" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_44E12BA3BB8BE7B115D26D7131AD60D5_verboseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_44E12BA3BB8BE7B115D26D7131AD60D5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Primary Beneficiary</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_44E12BA3BB8BE7B115D26D7131AD60D5_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_44E12BA3BB8BE7B115D26D7131AD60D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Primary Beneficiary [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="loc_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_44E12BA3BB8BE7B115D26D7131AD60D5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_44E12BA3BB8BE7B115D26D7131AD60D5" xlink:to="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_44E12BA3BB8BE7B115D26D7131AD60D5" xlink:type="arc" />
    <link:label id="lab_ftai_WWTAIIESMT6015LtdMember_DDBDCE1120CDE1979B0A6D7131ADD4FC_terseLabel_en-US" xlink:label="lab_ftai_WWTAIIESMT6015LtdMember_DDBDCE1120CDE1979B0A6D7131ADD4FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">MT6015</link:label>
    <link:label id="lab_ftai_WWTAIIESMT6015LtdMember_DDBDCE1120CDE1979B0A6D7131ADD4FC_label_en-US" xlink:label="lab_ftai_WWTAIIESMT6015LtdMember_DDBDCE1120CDE1979B0A6D7131ADD4FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">WWTAI IES MT6015 Ltd [Member]</link:label>
    <link:label id="lab_ftai_WWTAIIESMT6015LtdMember_DDBDCE1120CDE1979B0A6D7131ADD4FC_documentation_en-US" xlink:label="lab_ftai_WWTAIIESMT6015LtdMember_DDBDCE1120CDE1979B0A6D7131ADD4FC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">WWTAI IES MT6015 Ltd [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_WWTAIIESMT6015LtdMember" xlink:label="loc_ftai_WWTAIIESMT6015LtdMember_DDBDCE1120CDE1979B0A6D7131ADD4FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_WWTAIIESMT6015LtdMember_DDBDCE1120CDE1979B0A6D7131ADD4FC" xlink:to="lab_ftai_WWTAIIESMT6015LtdMember_DDBDCE1120CDE1979B0A6D7131ADD4FC" xlink:type="arc" />
    <link:label id="lab_ftai_DelawareRiverPartnersMember_A326864BADE400787D7B6D7131AD78F4_terseLabel_en-US" xlink:label="lab_ftai_DelawareRiverPartnersMember_A326864BADE400787D7B6D7131AD78F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Delaware River Partners LLC</link:label>
    <link:label id="lab_ftai_DelawareRiverPartnersMember_A326864BADE400787D7B6D7131AD78F4_label_en-US" xlink:label="lab_ftai_DelawareRiverPartnersMember_A326864BADE400787D7B6D7131AD78F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Delaware River Partners [Member]</link:label>
    <link:label id="lab_ftai_DelawareRiverPartnersMember_A326864BADE400787D7B6D7131AD78F4_documentation_en-US" xlink:label="lab_ftai_DelawareRiverPartnersMember_A326864BADE400787D7B6D7131AD78F4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Delaware River Partners [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_DelawareRiverPartnersMember" xlink:label="loc_ftai_DelawareRiverPartnersMember_A326864BADE400787D7B6D7131AD78F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_DelawareRiverPartnersMember_A326864BADE400787D7B6D7131AD78F4" xlink:to="lab_ftai_DelawareRiverPartnersMember_A326864BADE400787D7B6D7131AD78F4" xlink:type="arc" />
    <link:label id="lab_ftai_NoncontrollingPartyMember_08403D47DCC8F863FE056D7D206F7A8D_terseLabel_en-US" xlink:label="lab_ftai_NoncontrollingPartyMember_08403D47DCC8F863FE056D7D206F7A8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Noncontrolling Party [Member]</link:label>
    <link:label id="lab_ftai_NoncontrollingPartyMember_08403D47DCC8F863FE056D7D206F7A8D_label_en-US" xlink:label="lab_ftai_NoncontrollingPartyMember_08403D47DCC8F863FE056D7D206F7A8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Party [Member]</link:label>
    <link:label id="lab_ftai_NoncontrollingPartyMember_08403D47DCC8F863FE056D7D206F7A8D_documentation_en-US" xlink:label="lab_ftai_NoncontrollingPartyMember_08403D47DCC8F863FE056D7D206F7A8D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Noncontrolling Party [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_NoncontrollingPartyMember" xlink:label="loc_ftai_NoncontrollingPartyMember_08403D47DCC8F863FE056D7D206F7A8D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_NoncontrollingPartyMember_08403D47DCC8F863FE056D7D206F7A8D" xlink:to="lab_ftai_NoncontrollingPartyMember_08403D47DCC8F863FE056D7D206F7A8D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CoVenturerMember_FC7054EB1C35105C7C0A6D7131B21DF9_terseLabel_en-US" xlink:label="lab_us-gaap_CoVenturerMember_FC7054EB1C35105C7C0A6D7131B21DF9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Co-venturer</link:label>
    <link:label id="lab_us-gaap_CoVenturerMember_FC7054EB1C35105C7C0A6D7131B21DF9_label_en-US" xlink:label="lab_us-gaap_CoVenturerMember_FC7054EB1C35105C7C0A6D7131B21DF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Co-venturer [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CoVenturerMember" xlink:label="loc_us-gaap_CoVenturerMember_FC7054EB1C35105C7C0A6D7131B21DF9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CoVenturerMember_FC7054EB1C35105C7C0A6D7131B21DF9" xlink:to="lab_us-gaap_CoVenturerMember_FC7054EB1C35105C7C0A6D7131B21DF9" xlink:type="arc" />
    <link:label id="lab_us-gaap_MajorCustomersAxis_80D8D3C99488DB5BD92D6D7131B31650_terseLabel_en-US" xlink:label="lab_us-gaap_MajorCustomersAxis_80D8D3C99488DB5BD92D6D7131B31650" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer [Axis]</link:label>
    <link:label id="lab_us-gaap_MajorCustomersAxis_80D8D3C99488DB5BD92D6D7131B31650_label_en-US" xlink:label="lab_us-gaap_MajorCustomersAxis_80D8D3C99488DB5BD92D6D7131B31650" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MajorCustomersAxis" xlink:label="loc_us-gaap_MajorCustomersAxis_80D8D3C99488DB5BD92D6D7131B31650" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MajorCustomersAxis_80D8D3C99488DB5BD92D6D7131B31650" xlink:to="lab_us-gaap_MajorCustomersAxis_80D8D3C99488DB5BD92D6D7131B31650" xlink:type="arc" />
    <link:label id="lab_us-gaap_NameOfMajorCustomerDomain_F9C0293BD936DC513ED66D7131B395C7_terseLabel_en-US" xlink:label="lab_us-gaap_NameOfMajorCustomerDomain_F9C0293BD936DC513ED66D7131B395C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer [Domain]</link:label>
    <link:label id="lab_us-gaap_NameOfMajorCustomerDomain_F9C0293BD936DC513ED66D7131B395C7_label_en-US" xlink:label="lab_us-gaap_NameOfMajorCustomerDomain_F9C0293BD936DC513ED66D7131B395C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NameOfMajorCustomerDomain" xlink:label="loc_us-gaap_NameOfMajorCustomerDomain_F9C0293BD936DC513ED66D7131B395C7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NameOfMajorCustomerDomain_F9C0293BD936DC513ED66D7131B395C7" xlink:to="lab_us-gaap_NameOfMajorCustomerDomain_F9C0293BD936DC513ED66D7131B395C7" xlink:type="arc" />
    <link:label id="lab_ftai_TwoMajorAccountsReceivableCustomersMember_88FFCC8751310A758C376D7131B3823F_terseLabel_en-US" xlink:label="lab_ftai_TwoMajorAccountsReceivableCustomersMember_88FFCC8751310A758C376D7131B3823F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Two Major Accounts Receivable Customers</link:label>
    <link:label id="lab_ftai_TwoMajorAccountsReceivableCustomersMember_88FFCC8751310A758C376D7131B3823F_label_en-US" xlink:label="lab_ftai_TwoMajorAccountsReceivableCustomersMember_88FFCC8751310A758C376D7131B3823F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Major Accounts Receivable Customers [Member]</link:label>
    <link:label id="lab_ftai_TwoMajorAccountsReceivableCustomersMember_88FFCC8751310A758C376D7131B3823F_documentation_en-US" xlink:label="lab_ftai_TwoMajorAccountsReceivableCustomersMember_88FFCC8751310A758C376D7131B3823F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Major Accounts Receivable Customers [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_TwoMajorAccountsReceivableCustomersMember" xlink:label="loc_ftai_TwoMajorAccountsReceivableCustomersMember_88FFCC8751310A758C376D7131B3823F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_TwoMajorAccountsReceivableCustomersMember_88FFCC8751310A758C376D7131B3823F" xlink:to="lab_ftai_TwoMajorAccountsReceivableCustomersMember_88FFCC8751310A758C376D7131B3823F" xlink:type="arc" />
    <link:label id="lab_ftai_CustomerGroupTwoMember_6CDD37D4E2E42FF6D5576D7131B36325_terseLabel_en-US" xlink:label="lab_ftai_CustomerGroupTwoMember_6CDD37D4E2E42FF6D5576D7131B36325" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer Group Two</link:label>
    <link:label id="lab_ftai_CustomerGroupTwoMember_6CDD37D4E2E42FF6D5576D7131B36325_label_en-US" xlink:label="lab_ftai_CustomerGroupTwoMember_6CDD37D4E2E42FF6D5576D7131B36325" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer Group Two [Member]</link:label>
    <link:label id="lab_ftai_CustomerGroupTwoMember_6CDD37D4E2E42FF6D5576D7131B36325_documentation_en-US" xlink:label="lab_ftai_CustomerGroupTwoMember_6CDD37D4E2E42FF6D5576D7131B36325" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Customer Group Two</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CustomerGroupTwoMember" xlink:label="loc_ftai_CustomerGroupTwoMember_6CDD37D4E2E42FF6D5576D7131B36325" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CustomerGroupTwoMember_6CDD37D4E2E42FF6D5576D7131B36325" xlink:to="lab_ftai_CustomerGroupTwoMember_6CDD37D4E2E42FF6D5576D7131B36325" xlink:type="arc" />
    <link:label id="lab_ftai_CustomerGroupOneMember_2FA578AE7B778820DFE56D7131B3D915_terseLabel_en-US" xlink:label="lab_ftai_CustomerGroupOneMember_2FA578AE7B778820DFE56D7131B3D915" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer Group One</link:label>
    <link:label id="lab_ftai_CustomerGroupOneMember_2FA578AE7B778820DFE56D7131B3D915_label_en-US" xlink:label="lab_ftai_CustomerGroupOneMember_2FA578AE7B778820DFE56D7131B3D915" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer Group One [Member]</link:label>
    <link:label id="lab_ftai_CustomerGroupOneMember_2FA578AE7B778820DFE56D7131B3D915_documentation_en-US" xlink:label="lab_ftai_CustomerGroupOneMember_2FA578AE7B778820DFE56D7131B3D915" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Customer Group One [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CustomerGroupOneMember" xlink:label="loc_ftai_CustomerGroupOneMember_2FA578AE7B778820DFE56D7131B3D915" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CustomerGroupOneMember_2FA578AE7B778820DFE56D7131B3D915" xlink:to="lab_ftai_CustomerGroupOneMember_2FA578AE7B778820DFE56D7131B3D915" xlink:type="arc" />
    <link:label id="lab_ftai_MajorAccountsReceivableCustomerCustomerOneMember_741FFB44239136D935866D7131B38377_terseLabel_en-US" xlink:label="lab_ftai_MajorAccountsReceivableCustomerCustomerOneMember_741FFB44239136D935866D7131B38377" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Major Accounts Receivable Customer, Customer One</link:label>
    <link:label id="lab_ftai_MajorAccountsReceivableCustomerCustomerOneMember_741FFB44239136D935866D7131B38377_label_en-US" xlink:label="lab_ftai_MajorAccountsReceivableCustomerCustomerOneMember_741FFB44239136D935866D7131B38377" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Major Accounts Receivable Customer, Customer One [Member]</link:label>
    <link:label id="lab_ftai_MajorAccountsReceivableCustomerCustomerOneMember_741FFB44239136D935866D7131B38377_documentation_en-US" xlink:label="lab_ftai_MajorAccountsReceivableCustomerCustomerOneMember_741FFB44239136D935866D7131B38377" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Major Accounts Receivable Customer, Customer One [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_MajorAccountsReceivableCustomerCustomerOneMember" xlink:label="loc_ftai_MajorAccountsReceivableCustomerCustomerOneMember_741FFB44239136D935866D7131B38377" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_MajorAccountsReceivableCustomerCustomerOneMember_741FFB44239136D935866D7131B38377" xlink:to="lab_ftai_MajorAccountsReceivableCustomerCustomerOneMember_741FFB44239136D935866D7131B38377" xlink:type="arc" />
    <link:label id="lab_ftai_MajorAccountsReceivableCustomerCustomerTwoMember_0CEA95B8182B9AAB47086D7131B36136_terseLabel_en-US" xlink:label="lab_ftai_MajorAccountsReceivableCustomerCustomerTwoMember_0CEA95B8182B9AAB47086D7131B36136" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Major Accounts Receivable Customer, Customer Two</link:label>
    <link:label id="lab_ftai_MajorAccountsReceivableCustomerCustomerTwoMember_0CEA95B8182B9AAB47086D7131B36136_label_en-US" xlink:label="lab_ftai_MajorAccountsReceivableCustomerCustomerTwoMember_0CEA95B8182B9AAB47086D7131B36136" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Major Accounts Receivable Customer, Customer Two [Member]</link:label>
    <link:label id="lab_ftai_MajorAccountsReceivableCustomerCustomerTwoMember_0CEA95B8182B9AAB47086D7131B36136_documentation_en-US" xlink:label="lab_ftai_MajorAccountsReceivableCustomerCustomerTwoMember_0CEA95B8182B9AAB47086D7131B36136" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Major Accounts Receivable Customer, Customer Two [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_MajorAccountsReceivableCustomerCustomerTwoMember" xlink:label="loc_ftai_MajorAccountsReceivableCustomerCustomerTwoMember_0CEA95B8182B9AAB47086D7131B36136" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_MajorAccountsReceivableCustomerCustomerTwoMember_0CEA95B8182B9AAB47086D7131B36136" xlink:to="lab_ftai_MajorAccountsReceivableCustomerCustomerTwoMember_0CEA95B8182B9AAB47086D7131B36136" xlink:type="arc" />
    <link:label id="lab_us-gaap_HedgingDesignationAxis_975569B4E516AA5618666D7131B3E148_terseLabel_en-US" xlink:label="lab_us-gaap_HedgingDesignationAxis_975569B4E516AA5618666D7131B3E148" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedging Designation [Axis]</link:label>
    <link:label id="lab_us-gaap_HedgingDesignationAxis_975569B4E516AA5618666D7131B3E148_label_en-US" xlink:label="lab_us-gaap_HedgingDesignationAxis_975569B4E516AA5618666D7131B3E148" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging Designation [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="loc_us-gaap_HedgingDesignationAxis_975569B4E516AA5618666D7131B3E148" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HedgingDesignationAxis_975569B4E516AA5618666D7131B3E148" xlink:to="lab_us-gaap_HedgingDesignationAxis_975569B4E516AA5618666D7131B3E148" xlink:type="arc" />
    <link:label id="lab_us-gaap_HedgingDesignationDomain_86B6109BA03148C7D3EF6D7131B32B88_terseLabel_en-US" xlink:label="lab_us-gaap_HedgingDesignationDomain_86B6109BA03148C7D3EF6D7131B32B88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedging Designation [Domain]</link:label>
    <link:label id="lab_us-gaap_HedgingDesignationDomain_86B6109BA03148C7D3EF6D7131B32B88_label_en-US" xlink:label="lab_us-gaap_HedgingDesignationDomain_86B6109BA03148C7D3EF6D7131B32B88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging Designation [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="loc_us-gaap_HedgingDesignationDomain_86B6109BA03148C7D3EF6D7131B32B88" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HedgingDesignationDomain_86B6109BA03148C7D3EF6D7131B32B88" xlink:to="lab_us-gaap_HedgingDesignationDomain_86B6109BA03148C7D3EF6D7131B32B88" xlink:type="arc" />
    <link:label id="lab_us-gaap_DesignatedAsHedgingInstrumentMember_FD3EC40EF8C4C68A88AF6D7131B3E1CC_terseLabel_en-US" xlink:label="lab_us-gaap_DesignatedAsHedgingInstrumentMember_FD3EC40EF8C4C68A88AF6D7131B3E1CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Designated as Hedging Instrument</link:label>
    <link:label id="lab_us-gaap_DesignatedAsHedgingInstrumentMember_FD3EC40EF8C4C68A88AF6D7131B3E1CC_label_en-US" xlink:label="lab_us-gaap_DesignatedAsHedgingInstrumentMember_FD3EC40EF8C4C68A88AF6D7131B3E1CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Designated as Hedging Instrument [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DesignatedAsHedgingInstrumentMember" xlink:label="loc_us-gaap_DesignatedAsHedgingInstrumentMember_FD3EC40EF8C4C68A88AF6D7131B3E1CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DesignatedAsHedgingInstrumentMember_FD3EC40EF8C4C68A88AF6D7131B3E1CC" xlink:to="lab_us-gaap_DesignatedAsHedgingInstrumentMember_FD3EC40EF8C4C68A88AF6D7131B3E1CC" xlink:type="arc" />
    <link:label id="lab_us-gaap_NondesignatedMember_A676583FBAD9196617476D7131B3F6D5_terseLabel_en-US" xlink:label="lab_us-gaap_NondesignatedMember_A676583FBAD9196617476D7131B3F6D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Not Designated as Hedging Instrument</link:label>
    <link:label id="lab_us-gaap_NondesignatedMember_A676583FBAD9196617476D7131B3F6D5_label_en-US" xlink:label="lab_us-gaap_NondesignatedMember_A676583FBAD9196617476D7131B3F6D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Not Designated as Hedging Instrument [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="loc_us-gaap_NondesignatedMember_A676583FBAD9196617476D7131B3F6D5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NondesignatedMember_A676583FBAD9196617476D7131B3F6D5" xlink:to="lab_us-gaap_NondesignatedMember_A676583FBAD9196617476D7131B3F6D5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConcentrationRiskByTypeAxis_462329D9E25E4149E6106D7131B3C223_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskByTypeAxis_462329D9E25E4149E6106D7131B3C223" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentration Risk Type [Axis]</link:label>
    <link:label id="lab_us-gaap_ConcentrationRiskByTypeAxis_462329D9E25E4149E6106D7131B3C223_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskByTypeAxis_462329D9E25E4149E6106D7131B3C223" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentration Risk Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConcentrationRiskByTypeAxis" xlink:label="loc_us-gaap_ConcentrationRiskByTypeAxis_462329D9E25E4149E6106D7131B3C223" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskByTypeAxis_462329D9E25E4149E6106D7131B3C223" xlink:to="lab_us-gaap_ConcentrationRiskByTypeAxis_462329D9E25E4149E6106D7131B3C223" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConcentrationRiskTypeDomain_BE61F5E63DF84FF53E516D7131B33E88_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskTypeDomain_BE61F5E63DF84FF53E516D7131B33E88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentration Risk Type [Domain]</link:label>
    <link:label id="lab_us-gaap_ConcentrationRiskTypeDomain_BE61F5E63DF84FF53E516D7131B33E88_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskTypeDomain_BE61F5E63DF84FF53E516D7131B33E88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentration Risk Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConcentrationRiskTypeDomain" xlink:label="loc_us-gaap_ConcentrationRiskTypeDomain_BE61F5E63DF84FF53E516D7131B33E88" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskTypeDomain_BE61F5E63DF84FF53E516D7131B33E88" xlink:to="lab_us-gaap_ConcentrationRiskTypeDomain_BE61F5E63DF84FF53E516D7131B33E88" xlink:type="arc" />
    <link:label id="lab_us-gaap_CustomerConcentrationRiskMember_EFC4863EED27600E769D6D7131B31712_terseLabel_en-US" xlink:label="lab_us-gaap_CustomerConcentrationRiskMember_EFC4863EED27600E769D6D7131B31712" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer Concentration Risk</link:label>
    <link:label id="lab_us-gaap_CustomerConcentrationRiskMember_EFC4863EED27600E769D6D7131B31712_label_en-US" xlink:label="lab_us-gaap_CustomerConcentrationRiskMember_EFC4863EED27600E769D6D7131B31712" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer Concentration Risk [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CustomerConcentrationRiskMember" xlink:label="loc_us-gaap_CustomerConcentrationRiskMember_EFC4863EED27600E769D6D7131B31712" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CustomerConcentrationRiskMember_EFC4863EED27600E769D6D7131B31712" xlink:to="lab_us-gaap_CustomerConcentrationRiskMember_EFC4863EED27600E769D6D7131B31712" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConcentrationRiskByBenchmarkAxis_5BDED872A277C2E28D296D7131B3F779_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskByBenchmarkAxis_5BDED872A277C2E28D296D7131B3F779" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentration Risk Benchmark [Axis]</link:label>
    <link:label id="lab_us-gaap_ConcentrationRiskByBenchmarkAxis_5BDED872A277C2E28D296D7131B3F779_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskByBenchmarkAxis_5BDED872A277C2E28D296D7131B3F779" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentration Risk Benchmark [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConcentrationRiskByBenchmarkAxis" xlink:label="loc_us-gaap_ConcentrationRiskByBenchmarkAxis_5BDED872A277C2E28D296D7131B3F779" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskByBenchmarkAxis_5BDED872A277C2E28D296D7131B3F779" xlink:to="lab_us-gaap_ConcentrationRiskByBenchmarkAxis_5BDED872A277C2E28D296D7131B3F779" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConcentrationRiskBenchmarkDomain_A53FB67768CCFFE441E46D7131B34CB4_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskBenchmarkDomain_A53FB67768CCFFE441E46D7131B34CB4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentration Risk Benchmark [Domain]</link:label>
    <link:label id="lab_us-gaap_ConcentrationRiskBenchmarkDomain_A53FB67768CCFFE441E46D7131B34CB4_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskBenchmarkDomain_A53FB67768CCFFE441E46D7131B34CB4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentration Risk Benchmark [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConcentrationRiskBenchmarkDomain" xlink:label="loc_us-gaap_ConcentrationRiskBenchmarkDomain_A53FB67768CCFFE441E46D7131B34CB4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskBenchmarkDomain_A53FB67768CCFFE441E46D7131B34CB4" xlink:to="lab_us-gaap_ConcentrationRiskBenchmarkDomain_A53FB67768CCFFE441E46D7131B34CB4" xlink:type="arc" />
    <link:label id="lab_us-gaap_SalesRevenueSegmentMember_F492123B36E0A39709436D7131B4442D_terseLabel_en-US" xlink:label="lab_us-gaap_SalesRevenueSegmentMember_F492123B36E0A39709436D7131B4442D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sales Revenue, Segment</link:label>
    <link:label id="lab_us-gaap_SalesRevenueSegmentMember_F492123B36E0A39709436D7131B4442D_label_en-US" xlink:label="lab_us-gaap_SalesRevenueSegmentMember_F492123B36E0A39709436D7131B4442D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sales Revenue, Segment [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SalesRevenueSegmentMember" xlink:label="loc_us-gaap_SalesRevenueSegmentMember_F492123B36E0A39709436D7131B4442D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SalesRevenueSegmentMember_F492123B36E0A39709436D7131B4442D" xlink:to="lab_us-gaap_SalesRevenueSegmentMember_F492123B36E0A39709436D7131B4442D" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsReceivableMember_5BC7751F519717ECC3546D7131B4998C_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableMember_5BC7751F519717ECC3546D7131B4998C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts Receivable</link:label>
    <link:label id="lab_us-gaap_AccountsReceivableMember_5BC7751F519717ECC3546D7131B4998C_label_en-US" xlink:label="lab_us-gaap_AccountsReceivableMember_5BC7751F519717ECC3546D7131B4998C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Receivable [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccountsReceivableMember" xlink:label="loc_us-gaap_AccountsReceivableMember_5BC7751F519717ECC3546D7131B4998C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsReceivableMember_5BC7751F519717ECC3546D7131B4998C" xlink:to="lab_us-gaap_AccountsReceivableMember_5BC7751F519717ECC3546D7131B4998C" xlink:type="arc" />
    <link:label id="lab_ftai_OffshoreEnergyandJeffersonTerminalMember_933120676CB8C27995C96D7131B5D54C_terseLabel_en-US" xlink:label="lab_ftai_OffshoreEnergyandJeffersonTerminalMember_933120676CB8C27995C96D7131B5D54C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Offshore Energy and Jefferson Terminal</link:label>
    <link:label id="lab_ftai_OffshoreEnergyandJeffersonTerminalMember_933120676CB8C27995C96D7131B5D54C_label_en-US" xlink:label="lab_ftai_OffshoreEnergyandJeffersonTerminalMember_933120676CB8C27995C96D7131B5D54C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Offshore Energy and Jefferson Terminal [Member]</link:label>
    <link:label id="lab_ftai_OffshoreEnergyandJeffersonTerminalMember_933120676CB8C27995C96D7131B5D54C_documentation_en-US" xlink:label="lab_ftai_OffshoreEnergyandJeffersonTerminalMember_933120676CB8C27995C96D7131B5D54C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Offshore Energy and Jefferson Terminal [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_OffshoreEnergyandJeffersonTerminalMember" xlink:label="loc_ftai_OffshoreEnergyandJeffersonTerminalMember_933120676CB8C27995C96D7131B5D54C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_OffshoreEnergyandJeffersonTerminalMember_933120676CB8C27995C96D7131B5D54C" xlink:to="lab_ftai_OffshoreEnergyandJeffersonTerminalMember_933120676CB8C27995C96D7131B5D54C" xlink:type="arc" />
    <link:label id="lab_ftai_AviationLeasingShippingContainersandOffshoreEnergyMember_EFA5FE2CF23FCBC2B3F16D7131B67C43_terseLabel_en-US" xlink:label="lab_ftai_AviationLeasingShippingContainersandOffshoreEnergyMember_EFA5FE2CF23FCBC2B3F16D7131B67C43" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aviation Leasing, Shipping Containers and Offshore Energy</link:label>
    <link:label id="lab_ftai_AviationLeasingShippingContainersandOffshoreEnergyMember_EFA5FE2CF23FCBC2B3F16D7131B67C43_label_en-US" xlink:label="lab_ftai_AviationLeasingShippingContainersandOffshoreEnergyMember_EFA5FE2CF23FCBC2B3F16D7131B67C43" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Aviation Leasing, Shipping Containers and Offshore Energy [Member]</link:label>
    <link:label id="lab_ftai_AviationLeasingShippingContainersandOffshoreEnergyMember_EFA5FE2CF23FCBC2B3F16D7131B67C43_documentation_en-US" xlink:label="lab_ftai_AviationLeasingShippingContainersandOffshoreEnergyMember_EFA5FE2CF23FCBC2B3F16D7131B67C43" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Aviation Leasing, Shipping Containers and Offshore Energy [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_AviationLeasingShippingContainersandOffshoreEnergyMember" xlink:label="loc_ftai_AviationLeasingShippingContainersandOffshoreEnergyMember_EFA5FE2CF23FCBC2B3F16D7131B67C43" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_AviationLeasingShippingContainersandOffshoreEnergyMember_EFA5FE2CF23FCBC2B3F16D7131B67C43" xlink:to="lab_ftai_AviationLeasingShippingContainersandOffshoreEnergyMember_EFA5FE2CF23FCBC2B3F16D7131B67C43" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssetsMember_86F5A5C7E1CD6F0F1F306D7131B79E30_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsMember_86F5A5C7E1CD6F0F1F306D7131B79E30" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Assets</link:label>
    <link:label id="lab_us-gaap_OtherAssetsMember_86F5A5C7E1CD6F0F1F306D7131B79E30_label_en-US" xlink:label="lab_us-gaap_OtherAssetsMember_86F5A5C7E1CD6F0F1F306D7131B79E30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="loc_us-gaap_OtherAssetsMember_86F5A5C7E1CD6F0F1F306D7131B79E30" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsMember_86F5A5C7E1CD6F0F1F306D7131B79E30" xlink:to="lab_us-gaap_OtherAssetsMember_86F5A5C7E1CD6F0F1F306D7131B79E30" xlink:type="arc" />
    <link:label id="lab_ftai_AccountingPoliciesLineItems_B624D4F4234E768F52F36D7131B72950_terseLabel_en-US" xlink:label="lab_ftai_AccountingPoliciesLineItems_B624D4F4234E768F52F36D7131B72950" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounting Policies [Line Items]</link:label>
    <link:label id="lab_ftai_AccountingPoliciesLineItems_B624D4F4234E768F52F36D7131B72950_label_en-US" xlink:label="lab_ftai_AccountingPoliciesLineItems_B624D4F4234E768F52F36D7131B72950" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Policies [Line Items]</link:label>
    <link:label id="lab_ftai_AccountingPoliciesLineItems_B624D4F4234E768F52F36D7131B72950_documentation_en-US" xlink:label="lab_ftai_AccountingPoliciesLineItems_B624D4F4234E768F52F36D7131B72950" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Accounting Policies [Table]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_AccountingPoliciesLineItems" xlink:label="loc_ftai_AccountingPoliciesLineItems_B624D4F4234E768F52F36D7131B72950" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_AccountingPoliciesLineItems_B624D4F4234E768F52F36D7131B72950" xlink:to="lab_ftai_AccountingPoliciesLineItems_B624D4F4234E768F52F36D7131B72950" xlink:type="arc" />
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_DC89C48C4DED79FC1AC36D7131B739DA_terseLabel_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_DC89C48C4DED79FC1AC36D7131B739DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Interest Entities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_DC89C48C4DED79FC1AC36D7131B739DA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_DC89C48C4DED79FC1AC36D7131B739DA" xlink:to="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_DC89C48C4DED79FC1AC36D7131B739DA" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermPurchaseCommitmentAmount_F84FF5211718C3F6E5B56D7131B748E3_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermPurchaseCommitmentAmount_F84FF5211718C3F6E5B56D7131B748E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vessel purchase commitment</link:label>
    <link:label id="lab_us-gaap_LongTermPurchaseCommitmentAmount_F84FF5211718C3F6E5B56D7131B748E3_label_en-US" xlink:label="lab_us-gaap_LongTermPurchaseCommitmentAmount_F84FF5211718C3F6E5B56D7131B748E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Purchase Commitment, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermPurchaseCommitmentAmount" xlink:label="loc_us-gaap_LongTermPurchaseCommitmentAmount_F84FF5211718C3F6E5B56D7131B748E3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermPurchaseCommitmentAmount_F84FF5211718C3F6E5B56D7131B748E3" xlink:to="lab_us-gaap_LongTermPurchaseCommitmentAmount_F84FF5211718C3F6E5B56D7131B748E3" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityOwnershipPercentage_2C33227E68AD4F79F7F66D7131B8AB93_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityOwnershipPercentage_2C33227E68AD4F79F7F66D7131B8AB93" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest held in VIE, as a percentage</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityOwnershipPercentage_2C33227E68AD4F79F7F66D7131B8AB93_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityOwnershipPercentage_2C33227E68AD4F79F7F66D7131B8AB93" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableInterestEntityOwnershipPercentage" xlink:label="loc_us-gaap_VariableInterestEntityOwnershipPercentage_2C33227E68AD4F79F7F66D7131B8AB93" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityOwnershipPercentage_2C33227E68AD4F79F7F66D7131B8AB93" xlink:to="lab_us-gaap_VariableInterestEntityOwnershipPercentage_2C33227E68AD4F79F7F66D7131B8AB93" xlink:type="arc" />
    <link:label id="lab_us-gaap_NotesReceivableRelatedParties_E845AF393693AD22CE6A6D7131B8709C_terseLabel_en-US" xlink:label="lab_us-gaap_NotesReceivableRelatedParties_E845AF393693AD22CE6A6D7131B8709C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsidiary loan to VIE partner for equity contribution</link:label>
    <link:label id="lab_us-gaap_NotesReceivableRelatedParties_E845AF393693AD22CE6A6D7131B8709C_label_en-US" xlink:label="lab_us-gaap_NotesReceivableRelatedParties_E845AF393693AD22CE6A6D7131B8709C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notes Receivable, Related Parties</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NotesReceivableRelatedParties" xlink:label="loc_us-gaap_NotesReceivableRelatedParties_E845AF393693AD22CE6A6D7131B8709C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NotesReceivableRelatedParties_E845AF393693AD22CE6A6D7131B8709C" xlink:to="lab_us-gaap_NotesReceivableRelatedParties_E845AF393693AD22CE6A6D7131B8709C" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_6D3D7584BCF5DF525BED6D7131B82496_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_6D3D7584BCF5DF525BED6D7131B82496" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_6D3D7584BCF5DF525BED6D7131B82496_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_6D3D7584BCF5DF525BED6D7131B82496" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Consolidated, Carrying Amount, Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_6D3D7584BCF5DF525BED6D7131B82496" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_6D3D7584BCF5DF525BED6D7131B82496" xlink:to="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_6D3D7584BCF5DF525BED6D7131B82496" xlink:type="arc" />
    <link:label id="lab_ftai_ImpairmentChargesOnInvestments_ABB6FDD52AEB33C2C5436D7131B8B3C1_terseLabel_en-US" xlink:label="lab_ftai_ImpairmentChargesOnInvestments_ABB6FDD52AEB33C2C5436D7131B8B3C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment charges on investments</link:label>
    <link:label id="lab_ftai_ImpairmentChargesOnInvestments_ABB6FDD52AEB33C2C5436D7131B8B3C1_label_en-US" xlink:label="lab_ftai_ImpairmentChargesOnInvestments_ABB6FDD52AEB33C2C5436D7131B8B3C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment Charges On Investments</link:label>
    <link:label id="lab_ftai_ImpairmentChargesOnInvestments_ABB6FDD52AEB33C2C5436D7131B8B3C1_documentation_en-US" xlink:label="lab_ftai_ImpairmentChargesOnInvestments_ABB6FDD52AEB33C2C5436D7131B8B3C1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Impairment Charges On Investments</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ImpairmentChargesOnInvestments" xlink:label="loc_ftai_ImpairmentChargesOnInvestments_ABB6FDD52AEB33C2C5436D7131B8B3C1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ImpairmentChargesOnInvestments_ABB6FDD52AEB33C2C5436D7131B8B3C1" xlink:to="lab_ftai_ImpairmentChargesOnInvestments_ABB6FDD52AEB33C2C5436D7131B8B3C1" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConcentrationRiskPercentage1_07902C44BC7474CDA6896D7131BD77BD_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskPercentage1_07902C44BC7474CDA6896D7131BD77BD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentration risk percentage</link:label>
    <link:label id="lab_us-gaap_ConcentrationRiskPercentage1_07902C44BC7474CDA6896D7131BD77BD_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskPercentage1_07902C44BC7474CDA6896D7131BD77BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentration Risk, Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConcentrationRiskPercentage1" xlink:label="loc_us-gaap_ConcentrationRiskPercentage1_07902C44BC7474CDA6896D7131BD77BD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskPercentage1_07902C44BC7474CDA6896D7131BD77BD" xlink:to="lab_us-gaap_ConcentrationRiskPercentage1_07902C44BC7474CDA6896D7131BD77BD" xlink:type="arc" />
    <link:label id="lab_ftai_ConcentrationRiskNumberofCustomers_45D4A82DAF832320E4326D7131BD7C38_terseLabel_en-US" xlink:label="lab_ftai_ConcentrationRiskNumberofCustomers_45D4A82DAF832320E4326D7131BD7C38" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of lessees</link:label>
    <link:label id="lab_ftai_ConcentrationRiskNumberofCustomers_45D4A82DAF832320E4326D7131BD7C38_label_en-US" xlink:label="lab_ftai_ConcentrationRiskNumberofCustomers_45D4A82DAF832320E4326D7131BD7C38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentration Risk, Number of Customers</link:label>
    <link:label id="lab_ftai_ConcentrationRiskNumberofCustomers_45D4A82DAF832320E4326D7131BD7C38_documentation_en-US" xlink:label="lab_ftai_ConcentrationRiskNumberofCustomers_45D4A82DAF832320E4326D7131BD7C38" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Concentration Risk, Number of Customers</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ConcentrationRiskNumberofCustomers" xlink:label="loc_ftai_ConcentrationRiskNumberofCustomers_45D4A82DAF832320E4326D7131BD7C38" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ConcentrationRiskNumberofCustomers_45D4A82DAF832320E4326D7131BD7C38" xlink:to="lab_ftai_ConcentrationRiskNumberofCustomers_45D4A82DAF832320E4326D7131BD7C38" xlink:type="arc" />
    <link:label id="lab_us-gaap_AllowanceForDoubtfulAccountsReceivable_F05E7E61DAA0F347B6B86D7131BD2250_terseLabel_en-US" xlink:label="lab_us-gaap_AllowanceForDoubtfulAccountsReceivable_F05E7E61DAA0F347B6B86D7131BD2250" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision for doubtful accounts</link:label>
    <link:label id="lab_us-gaap_AllowanceForDoubtfulAccountsReceivable_F05E7E61DAA0F347B6B86D7131BD2250_label_en-US" xlink:label="lab_us-gaap_AllowanceForDoubtfulAccountsReceivable_F05E7E61DAA0F347B6B86D7131BD2250" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Allowance for Doubtful Accounts Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AllowanceForDoubtfulAccountsReceivable" xlink:label="loc_us-gaap_AllowanceForDoubtfulAccountsReceivable_F05E7E61DAA0F347B6B86D7131BD2250" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllowanceForDoubtfulAccountsReceivable_F05E7E61DAA0F347B6B86D7131BD2250" xlink:to="lab_us-gaap_AllowanceForDoubtfulAccountsReceivable_F05E7E61DAA0F347B6B86D7131BD2250" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_527AB3CB6B9748E02F8D6D7131BED0B3_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_527AB3CB6B9748E02F8D6D7131BED0B3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of derivatives</link:label>
    <link:label id="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_527AB3CB6B9748E02F8D6D7131BED0B3_label_en-US" xlink:label="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_527AB3CB6B9748E02F8D6D7131BED0B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative, Number of Instruments Held</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DerivativeNumberOfInstrumentsHeld" xlink:label="loc_us-gaap_DerivativeNumberOfInstrumentsHeld_527AB3CB6B9748E02F8D6D7131BED0B3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeNumberOfInstrumentsHeld_527AB3CB6B9748E02F8D6D7131BED0B3" xlink:to="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_527AB3CB6B9748E02F8D6D7131BED0B3" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsAndNotesReceivableNet_F135F169DFF4003FC9A16D7131BE6A30_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsAndNotesReceivableNet_F135F169DFF4003FC9A16D7131BE6A30" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts and Notes Receivable, Net</link:label>
    <link:label id="lab_us-gaap_AccountsAndNotesReceivableNet_F135F169DFF4003FC9A16D7131BE6A30_label_en-US" xlink:label="lab_us-gaap_AccountsAndNotesReceivableNet_F135F169DFF4003FC9A16D7131BE6A30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts and Notes Receivable, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccountsAndNotesReceivableNet" xlink:label="loc_us-gaap_AccountsAndNotesReceivableNet_F135F169DFF4003FC9A16D7131BE6A30" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsAndNotesReceivableNet_F135F169DFF4003FC9A16D7131BE6A30" xlink:to="lab_us-gaap_AccountsAndNotesReceivableNet_F135F169DFF4003FC9A16D7131BE6A30" xlink:type="arc" />
    <link:label id="lab_ftai_LeasingEquipmentPurchaseDeposits_751CC747374DCDC75B1E6D7131BED0E1_terseLabel_en-US" xlink:label="lab_ftai_LeasingEquipmentPurchaseDeposits_751CC747374DCDC75B1E6D7131BED0E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leasing Equipment, Purchase Deposits</link:label>
    <link:label id="lab_ftai_LeasingEquipmentPurchaseDeposits_751CC747374DCDC75B1E6D7131BED0E1_label_en-US" xlink:label="lab_ftai_LeasingEquipmentPurchaseDeposits_751CC747374DCDC75B1E6D7131BED0E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leasing Equipment, Purchase Deposits</link:label>
    <link:label id="lab_ftai_LeasingEquipmentPurchaseDeposits_751CC747374DCDC75B1E6D7131BED0E1_documentation_en-US" xlink:label="lab_ftai_LeasingEquipmentPurchaseDeposits_751CC747374DCDC75B1E6D7131BED0E1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Leasing Equipment, Purchase Deposits</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_LeasingEquipmentPurchaseDeposits" xlink:label="loc_ftai_LeasingEquipmentPurchaseDeposits_751CC747374DCDC75B1E6D7131BED0E1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_LeasingEquipmentPurchaseDeposits_751CC747374DCDC75B1E6D7131BED0E1" xlink:to="lab_ftai_LeasingEquipmentPurchaseDeposits_751CC747374DCDC75B1E6D7131BED0E1" xlink:type="arc" />
    <link:label id="lab_ftai_CapitalizedCostsPotentialAssetAcquisitions_93459D022C060ED403F36D7131BEE6FD_terseLabel_en-US" xlink:label="lab_ftai_CapitalizedCostsPotentialAssetAcquisitions_93459D022C060ED403F36D7131BEE6FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capitalized Costs, Potential Asset Acquisitions</link:label>
    <link:label id="lab_ftai_CapitalizedCostsPotentialAssetAcquisitions_93459D022C060ED403F36D7131BEE6FD_label_en-US" xlink:label="lab_ftai_CapitalizedCostsPotentialAssetAcquisitions_93459D022C060ED403F36D7131BEE6FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capitalized Costs, Potential Asset Acquisitions</link:label>
    <link:label id="lab_ftai_CapitalizedCostsPotentialAssetAcquisitions_93459D022C060ED403F36D7131BEE6FD_documentation_en-US" xlink:label="lab_ftai_CapitalizedCostsPotentialAssetAcquisitions_93459D022C060ED403F36D7131BEE6FD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capitalized Costs, Potential Asset Acquisitions</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CapitalizedCostsPotentialAssetAcquisitions" xlink:label="loc_ftai_CapitalizedCostsPotentialAssetAcquisitions_93459D022C060ED403F36D7131BEE6FD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CapitalizedCostsPotentialAssetAcquisitions_93459D022C060ED403F36D7131BEE6FD" xlink:to="lab_ftai_CapitalizedCostsPotentialAssetAcquisitions_93459D022C060ED403F36D7131BEE6FD" xlink:type="arc" />
    <link:label id="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_2670E211AC6493CFA2856D7131BE0FBF_terseLabel_en-US" xlink:label="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_2670E211AC6493CFA2856D7131BE0FBF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid Expense</link:label>
    <link:label id="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_2670E211AC6493CFA2856D7131BE0FBF_label_en-US" xlink:label="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_2670E211AC6493CFA2856D7131BE0FBF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PrepaidExpenseCurrentAndNoncurrent" xlink:label="loc_us-gaap_PrepaidExpenseCurrentAndNoncurrent_2670E211AC6493CFA2856D7131BE0FBF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrepaidExpenseCurrentAndNoncurrent_2670E211AC6493CFA2856D7131BE0FBF" xlink:to="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_2670E211AC6493CFA2856D7131BE0FBF" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherReceivables_3C521D59B22FD00555A96D7131BEE87F_terseLabel_en-US" xlink:label="lab_us-gaap_OtherReceivables_3C521D59B22FD00555A96D7131BEE87F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Receivables</link:label>
    <link:label id="lab_us-gaap_OtherReceivables_3C521D59B22FD00555A96D7131BEE87F_label_en-US" xlink:label="lab_us-gaap_OtherReceivables_3C521D59B22FD00555A96D7131BEE87F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Receivables</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherReceivables" xlink:label="loc_us-gaap_OtherReceivables_3C521D59B22FD00555A96D7131BEE87F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherReceivables_3C521D59B22FD00555A96D7131BEE87F" xlink:to="lab_us-gaap_OtherReceivables_3C521D59B22FD00555A96D7131BEE87F" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockDividendsPerShareDeclared_3FD76EF54537354F489C6D7131BEB7EE_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareDeclared_3FD76EF54537354F489C6D7131BEB7EE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock dividends declared (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_CommonStockDividendsPerShareDeclared_3FD76EF54537354F489C6D7131BEB7EE_label_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareDeclared_3FD76EF54537354F489C6D7131BEB7EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Dividends, Per Share, Declared</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockDividendsPerShareDeclared" xlink:label="loc_us-gaap_CommonStockDividendsPerShareDeclared_3FD76EF54537354F489C6D7131BEB7EE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockDividendsPerShareDeclared_3FD76EF54537354F489C6D7131BEB7EE" xlink:to="lab_us-gaap_CommonStockDividendsPerShareDeclared_3FD76EF54537354F489C6D7131BEB7EE" xlink:type="arc" />
    <link:label id="lab_ftai_Ownershipofotherpartypercentage_7F3A6BC5FD4AB9E8B1416D7131BE44C3_terseLabel_en-US" xlink:label="lab_ftai_Ownershipofotherpartypercentage_7F3A6BC5FD4AB9E8B1416D7131BE44C3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership of other party, percentage</link:label>
    <link:label id="lab_ftai_Ownershipofotherpartypercentage_7F3A6BC5FD4AB9E8B1416D7131BE44C3_label_en-US" xlink:label="lab_ftai_Ownershipofotherpartypercentage_7F3A6BC5FD4AB9E8B1416D7131BE44C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ownership of other party, percentage</link:label>
    <link:label id="lab_ftai_Ownershipofotherpartypercentage_7F3A6BC5FD4AB9E8B1416D7131BE44C3_documentation_en-US" xlink:label="lab_ftai_Ownershipofotherpartypercentage_7F3A6BC5FD4AB9E8B1416D7131BE44C3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ownership of other party, percentage</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_Ownershipofotherpartypercentage" xlink:label="loc_ftai_Ownershipofotherpartypercentage_7F3A6BC5FD4AB9E8B1416D7131BE44C3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_Ownershipofotherpartypercentage_7F3A6BC5FD4AB9E8B1416D7131BE44C3" xlink:to="lab_ftai_Ownershipofotherpartypercentage_7F3A6BC5FD4AB9E8B1416D7131BE44C3" xlink:type="arc" />
    <link:label id="lab_ftai_PaymentObligationNoncontrollingInterest_B6AF8B76E04715F5CBAA6D7131BE345C_terseLabel_en-US" xlink:label="lab_ftai_PaymentObligationNoncontrollingInterest_B6AF8B76E04715F5CBAA6D7131BE345C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payment Obligation, Noncontrolling Interest</link:label>
    <link:label id="lab_ftai_PaymentObligationNoncontrollingInterest_B6AF8B76E04715F5CBAA6D7131BE345C_label_en-US" xlink:label="lab_ftai_PaymentObligationNoncontrollingInterest_B6AF8B76E04715F5CBAA6D7131BE345C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payment Obligation, Noncontrolling Interest</link:label>
    <link:label id="lab_ftai_PaymentObligationNoncontrollingInterest_B6AF8B76E04715F5CBAA6D7131BE345C_documentation_en-US" xlink:label="lab_ftai_PaymentObligationNoncontrollingInterest_B6AF8B76E04715F5CBAA6D7131BE345C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payment Obligation, Noncontrolling Interest</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_PaymentObligationNoncontrollingInterest" xlink:label="loc_ftai_PaymentObligationNoncontrollingInterest_B6AF8B76E04715F5CBAA6D7131BE345C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_PaymentObligationNoncontrollingInterest_B6AF8B76E04715F5CBAA6D7131BE345C" xlink:to="lab_ftai_PaymentObligationNoncontrollingInterest_B6AF8B76E04715F5CBAA6D7131BE345C" xlink:type="arc" />
    <link:label id="lab_ftai_EquityMethodInvestmentContributionAmount_37161F61A2BD095A944C6D7131BEE761_terseLabel_en-US" xlink:label="lab_ftai_EquityMethodInvestmentContributionAmount_37161F61A2BD095A944C6D7131BEE761" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Method Investment Contribution Amount</link:label>
    <link:label id="lab_ftai_EquityMethodInvestmentContributionAmount_37161F61A2BD095A944C6D7131BEE761_label_en-US" xlink:label="lab_ftai_EquityMethodInvestmentContributionAmount_37161F61A2BD095A944C6D7131BEE761" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment Contribution Amount</link:label>
    <link:label id="lab_ftai_EquityMethodInvestmentContributionAmount_37161F61A2BD095A944C6D7131BEE761_documentation_en-US" xlink:label="lab_ftai_EquityMethodInvestmentContributionAmount_37161F61A2BD095A944C6D7131BEE761" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Method Investment Contribution Amount</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_EquityMethodInvestmentContributionAmount" xlink:label="loc_ftai_EquityMethodInvestmentContributionAmount_37161F61A2BD095A944C6D7131BEE761" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_EquityMethodInvestmentContributionAmount_37161F61A2BD095A944C6D7131BEE761" xlink:to="lab_ftai_EquityMethodInvestmentContributionAmount_37161F61A2BD095A944C6D7131BEE761" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_A66B1E8C14CBA624F9066D7131BE2F2A_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_A66B1E8C14CBA624F9066D7131BE2F2A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Asset, Useful Life</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_A66B1E8C14CBA624F9066D7131BE2F2A_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_A66B1E8C14CBA624F9066D7131BE2F2A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Asset, Useful Life</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetUsefulLife" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetUsefulLife_A66B1E8C14CBA624F9066D7131BE2F2A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetUsefulLife_A66B1E8C14CBA624F9066D7131BE2F2A" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_A66B1E8C14CBA624F9066D7131BE2F2A" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestPaidCapitalized_17F6E7C4D3DD5B1B14D06D7131BE2380_terseLabel_en-US" xlink:label="lab_us-gaap_InterestPaidCapitalized_17F6E7C4D3DD5B1B14D06D7131BE2380" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Paid, Capitalized</link:label>
    <link:label id="lab_us-gaap_InterestPaidCapitalized_17F6E7C4D3DD5B1B14D06D7131BE2380_label_en-US" xlink:label="lab_us-gaap_InterestPaidCapitalized_17F6E7C4D3DD5B1B14D06D7131BE2380" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Paid, Capitalized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InterestPaidCapitalized" xlink:label="loc_us-gaap_InterestPaidCapitalized_17F6E7C4D3DD5B1B14D06D7131BE2380" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestPaidCapitalized_17F6E7C4D3DD5B1B14D06D7131BE2380" xlink:to="lab_us-gaap_InterestPaidCapitalized_17F6E7C4D3DD5B1B14D06D7131BE2380" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostOfPropertyRepairsAndMaintenance_692495F29365BFA5D2EB6D7131BE1062_terseLabel_en-US" xlink:label="lab_us-gaap_CostOfPropertyRepairsAndMaintenance_692495F29365BFA5D2EB6D7131BE1062" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost of Property Repairs and Maintenance</link:label>
    <link:label id="lab_us-gaap_CostOfPropertyRepairsAndMaintenance_692495F29365BFA5D2EB6D7131BE1062_label_en-US" xlink:label="lab_us-gaap_CostOfPropertyRepairsAndMaintenance_692495F29365BFA5D2EB6D7131BE1062" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost of Property Repairs and Maintenance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CostOfPropertyRepairsAndMaintenance" xlink:label="loc_us-gaap_CostOfPropertyRepairsAndMaintenance_692495F29365BFA5D2EB6D7131BE1062" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CostOfPropertyRepairsAndMaintenance_692495F29365BFA5D2EB6D7131BE1062" xlink:to="lab_us-gaap_CostOfPropertyRepairsAndMaintenance_692495F29365BFA5D2EB6D7131BE1062" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentForAmortization_670C28D3FEDD037B53646D7131BE6710_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentForAmortization_670C28D3FEDD037B53646D7131BE6710" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization</link:label>
    <link:label id="lab_us-gaap_AdjustmentForAmortization_670C28D3FEDD037B53646D7131BE6710_label_en-US" xlink:label="lab_us-gaap_AdjustmentForAmortization_670C28D3FEDD037B53646D7131BE6710" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AdjustmentForAmortization" xlink:label="loc_us-gaap_AdjustmentForAmortization_670C28D3FEDD037B53646D7131BE6710" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentForAmortization_670C28D3FEDD037B53646D7131BE6710" xlink:to="lab_us-gaap_AdjustmentForAmortization_670C28D3FEDD037B53646D7131BE6710" xlink:type="arc" />
    <link:label id="lab_ftai_ContributionAmountInvestment_8913C36D451C402BBB976D7476D1DC8D_terseLabel_en-US" xlink:label="lab_ftai_ContributionAmountInvestment_8913C36D451C402BBB976D7476D1DC8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contribution Amount, Investment</link:label>
    <link:label id="lab_ftai_ContributionAmountInvestment_8913C36D451C402BBB976D7476D1DC8D_label_en-US" xlink:label="lab_ftai_ContributionAmountInvestment_8913C36D451C402BBB976D7476D1DC8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contribution Amount, Investment</link:label>
    <link:label id="lab_ftai_ContributionAmountInvestment_8913C36D451C402BBB976D7476D1DC8D_documentation_en-US" xlink:label="lab_ftai_ContributionAmountInvestment_8913C36D451C402BBB976D7476D1DC8D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contribution Amount, Investment</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ContributionAmountInvestment" xlink:label="loc_ftai_ContributionAmountInvestment_8913C36D451C402BBB976D7476D1DC8D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ContributionAmountInvestment_8913C36D451C402BBB976D7476D1DC8D" xlink:to="lab_ftai_ContributionAmountInvestment_8913C36D451C402BBB976D7476D1DC8D" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingDisclosureTextBlock_6F6DC7DE831792E609705E57CCCD94DE_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingDisclosureTextBlock_6F6DC7DE831792E609705E57CCCD94DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SEGMENT INFORMATION</link:label>
    <link:label id="lab_us-gaap_SegmentReportingDisclosureTextBlock_6F6DC7DE831792E609705E57CCCD94DE_label_en-US" xlink:label="lab_us-gaap_SegmentReportingDisclosureTextBlock_6F6DC7DE831792E609705E57CCCD94DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reporting Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="loc_us-gaap_SegmentReportingDisclosureTextBlock_6F6DC7DE831792E609705E57CCCD94DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingDisclosureTextBlock_6F6DC7DE831792E609705E57CCCD94DE" xlink:to="lab_us-gaap_SegmentReportingDisclosureTextBlock_6F6DC7DE831792E609705E57CCCD94DE" xlink:type="arc" />
    <link:label id="lab_us-gaap_CollateralAxis_11C7F0C994661AB48426FD0656FC0BB4_terseLabel_en-US" xlink:label="lab_us-gaap_CollateralAxis_A00E77FE5D0750578D22BE28E20C3416" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Collateral [Axis]</link:label>
    <link:label id="lab_us-gaap_CollateralAxis_11C7F0C994661AB48426FD0656FC0BB4_label_en-US" xlink:label="lab_us-gaap_CollateralAxis_A00E77FE5D0750578D22BE28E20C3416" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Collateral [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CollateralAxis" xlink:label="loc_us-gaap_CollateralAxis_A00E77FE5D0750578D22BE28E20C3416" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CollateralAxis_A00E77FE5D0750578D22BE28E20C3416" xlink:to="lab_us-gaap_CollateralAxis_A00E77FE5D0750578D22BE28E20C3416" xlink:type="arc" />
    <link:label id="lab_us-gaap_CollateralDomain_8993BA6294E65F96B152FD0656FCF250_terseLabel_en-US" xlink:label="lab_us-gaap_CollateralDomain_3638F518F4885A7F85CEE33AB7C439BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Collateral [Domain]</link:label>
    <link:label id="lab_us-gaap_CollateralDomain_8993BA6294E65F96B152FD0656FCF250_label_en-US" xlink:label="lab_us-gaap_CollateralDomain_3638F518F4885A7F85CEE33AB7C439BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Collateral [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CollateralDomain" xlink:label="loc_us-gaap_CollateralDomain_3638F518F4885A7F85CEE33AB7C439BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CollateralDomain_3638F518F4885A7F85CEE33AB7C439BF" xlink:to="lab_us-gaap_CollateralDomain_3638F518F4885A7F85CEE33AB7C439BF" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommercialRealEstateMember_C04758EF260FB1AACD4BFD0656FCFE4D_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialRealEstateMember_FE85CF135E345B858AC9A955F2AB6F4F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commercial Real Estate</link:label>
    <link:label id="lab_us-gaap_CommercialRealEstateMember_C04758EF260FB1AACD4BFD0656FCFE4D_label_en-US" xlink:label="lab_us-gaap_CommercialRealEstateMember_FE85CF135E345B858AC9A955F2AB6F4F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commercial Real Estate [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommercialRealEstateMember" xlink:label="loc_us-gaap_CommercialRealEstateMember_FE85CF135E345B858AC9A955F2AB6F4F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommercialRealEstateMember_FE85CF135E345B858AC9A955F2AB6F4F" xlink:to="lab_us-gaap_CommercialRealEstateMember_FE85CF135E345B858AC9A955F2AB6F4F" xlink:type="arc" />
    <link:label id="lab_ftai_Series2016BondsMember_33FDE824F446CF4C2720FD0656FDB40A_terseLabel_en-US" xlink:label="lab_ftai_Series2016BondsMember_F759783FD5C750D28B3F37470A358A16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 2016 Bonds</link:label>
    <link:label id="lab_ftai_Series2016BondsMember_33FDE824F446CF4C2720FD0656FDB40A_label_en-US" xlink:label="lab_ftai_Series2016BondsMember_F759783FD5C750D28B3F37470A358A16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 2016 Bonds [Member]</link:label>
    <link:label id="lab_ftai_Series2016BondsMember_33FDE824F446CF4C2720FD0656FDB40A_documentation_en-US" xlink:label="lab_ftai_Series2016BondsMember_F759783FD5C750D28B3F37470A358A16" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 2016 Bonds [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_Series2016BondsMember" xlink:label="loc_ftai_Series2016BondsMember_F759783FD5C750D28B3F37470A358A16" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_Series2016BondsMember_F759783FD5C750D28B3F37470A358A16" xlink:to="lab_ftai_Series2016BondsMember_F759783FD5C750D28B3F37470A358A16" xlink:type="arc" />
    <link:label id="lab_us-gaap_NotesReceivableRelatedParties_7F4FA53736BD4BE2E7B9FD0656FD8A9D_verboseLabel_en-US" xlink:label="lab_us-gaap_NotesReceivableRelatedParties_FCF7F58C6C6F5A96BC45FA61F9BD30F8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Note receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NotesReceivableRelatedParties" xlink:label="loc_us-gaap_NotesReceivableRelatedParties_FCF7F58C6C6F5A96BC45FA61F9BD30F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NotesReceivableRelatedParties_FCF7F58C6C6F5A96BC45FA61F9BD30F8" xlink:to="lab_us-gaap_NotesReceivableRelatedParties_FCF7F58C6C6F5A96BC45FA61F9BD30F8" xlink:type="arc" />
    <link:label id="lab_ftai_NoteReceivableInterestRateStatedPercentage_9868F1D7A863755FDB41FD0656FDA902_terseLabel_en-US" xlink:label="lab_ftai_NoteReceivableInterestRateStatedPercentage_DE7F828EC7D2520CA42F297648373C18" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans receivable interest rate</link:label>
    <link:label id="lab_ftai_NoteReceivableInterestRateStatedPercentage_9868F1D7A863755FDB41FD0656FDA902_label_en-US" xlink:label="lab_ftai_NoteReceivableInterestRateStatedPercentage_DE7F828EC7D2520CA42F297648373C18" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Note Receivable, Interest Rate, Stated Percentage</link:label>
    <link:label id="lab_ftai_NoteReceivableInterestRateStatedPercentage_9868F1D7A863755FDB41FD0656FDA902_documentation_en-US" xlink:label="lab_ftai_NoteReceivableInterestRateStatedPercentage_DE7F828EC7D2520CA42F297648373C18" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Note Receivable, Interest Rate, Stated Percentage</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_NoteReceivableInterestRateStatedPercentage" xlink:label="loc_ftai_NoteReceivableInterestRateStatedPercentage_DE7F828EC7D2520CA42F297648373C18" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_NoteReceivableInterestRateStatedPercentage_DE7F828EC7D2520CA42F297648373C18" xlink:to="lab_ftai_NoteReceivableInterestRateStatedPercentage_DE7F828EC7D2520CA42F297648373C18" xlink:type="arc" />
    <link:label id="lab_us-gaap_NotesReceivableFairValueDisclosure_F40EDA27380DC4CC5A31FD0656FD611A_terseLabel_en-US" xlink:label="lab_us-gaap_NotesReceivableFairValueDisclosure_18559E4CB3D55971B8AC36E86EE27302" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes Receivable, Fair Value Disclosure</link:label>
    <link:label id="lab_us-gaap_NotesReceivableFairValueDisclosure_F40EDA27380DC4CC5A31FD0656FD611A_label_en-US" xlink:label="lab_us-gaap_NotesReceivableFairValueDisclosure_18559E4CB3D55971B8AC36E86EE27302" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notes Receivable, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NotesReceivableFairValueDisclosure" xlink:label="loc_us-gaap_NotesReceivableFairValueDisclosure_18559E4CB3D55971B8AC36E86EE27302" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NotesReceivableFairValueDisclosure_18559E4CB3D55971B8AC36E86EE27302" xlink:to="lab_us-gaap_NotesReceivableFairValueDisclosure_18559E4CB3D55971B8AC36E86EE27302" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtFairValue_5754EBFDFA5F30DAE984FD0656FDF204_verboseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_FE2170A88D2D5AA2A9EFCC7576182AC7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fair value of bonds payable</link:label>
    <link:label id="lab_us-gaap_LongTermDebtFairValue_5754EBFDFA5F30DAE984FD0656FDF204_label_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_FE2170A88D2D5AA2A9EFCC7576182AC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="loc_us-gaap_LongTermDebtFairValue_FE2170A88D2D5AA2A9EFCC7576182AC7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtFairValue_FE2170A88D2D5AA2A9EFCC7576182AC7" xlink:to="lab_us-gaap_LongTermDebtFairValue_FE2170A88D2D5AA2A9EFCC7576182AC7" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_3808EC947F3D291D35A65C4888D6A807_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_3808EC947F3D291D35A65C4888D6A807" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_3808EC947F3D291D35A65C4888D6A807_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_3808EC947F3D291D35A65C4888D6A807" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_3808EC947F3D291D35A65C4888D6A807" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_3808EC947F3D291D35A65C4888D6A807" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_3808EC947F3D291D35A65C4888D6A807" xlink:type="arc" />
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetNextTwelveMonths_44850064349EE9A46AB25C4888D67797_terseLabel_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetNextTwelveMonths_44850064349EE9A46AB25C4888D67797" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2017</link:label>
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetNextTwelveMonths_44850064349EE9A46AB25C4888D67797_label_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetNextTwelveMonths_44850064349EE9A46AB25C4888D67797" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets and Below Market Leases, Amortization Expense, Net, Next Twelve Months</link:label>
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetNextTwelveMonths_44850064349EE9A46AB25C4888D67797_documentation_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetNextTwelveMonths_44850064349EE9A46AB25C4888D67797" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets and Below Market Leases, Amortization Expense, Net, Next Twelve Months</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetNextTwelveMonths" xlink:label="loc_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetNextTwelveMonths_44850064349EE9A46AB25C4888D67797" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetNextTwelveMonths_44850064349EE9A46AB25C4888D67797" xlink:to="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetNextTwelveMonths_44850064349EE9A46AB25C4888D67797" xlink:type="arc" />
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearTwo_81DD3B6D740FA41F28645C4888D6F227_terseLabel_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearTwo_81DD3B6D740FA41F28645C4888D6F227" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2018</link:label>
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearTwo_81DD3B6D740FA41F28645C4888D6F227_label_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearTwo_81DD3B6D740FA41F28645C4888D6F227" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets and Below Market Leases, Amortization Expense, Net, Year Two</link:label>
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearTwo_81DD3B6D740FA41F28645C4888D6F227_documentation_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearTwo_81DD3B6D740FA41F28645C4888D6F227" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets and Below Market Leases, Amortization Expense, Net, Year Two</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearTwo" xlink:label="loc_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearTwo_81DD3B6D740FA41F28645C4888D6F227" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearTwo_81DD3B6D740FA41F28645C4888D6F227" xlink:to="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearTwo_81DD3B6D740FA41F28645C4888D6F227" xlink:type="arc" />
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearThree_CAD9CC349F5084DD63935C4888D6F1F3_terseLabel_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearThree_CAD9CC349F5084DD63935C4888D6F1F3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2019</link:label>
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearThree_CAD9CC349F5084DD63935C4888D6F1F3_label_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearThree_CAD9CC349F5084DD63935C4888D6F1F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets and Below Market Leases, Amortization Expense, Net, Year Three</link:label>
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearThree_CAD9CC349F5084DD63935C4888D6F1F3_documentation_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearThree_CAD9CC349F5084DD63935C4888D6F1F3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets and Below Market Leases, Amortization Expense, Net, Year Three</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearThree" xlink:label="loc_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearThree_CAD9CC349F5084DD63935C4888D6F1F3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearThree_CAD9CC349F5084DD63935C4888D6F1F3" xlink:to="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearThree_CAD9CC349F5084DD63935C4888D6F1F3" xlink:type="arc" />
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFour_8A8BD92247D0B3081E3C5C4888D6673C_terseLabel_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFour_8A8BD92247D0B3081E3C5C4888D6673C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFour_8A8BD92247D0B3081E3C5C4888D6673C_label_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFour_8A8BD92247D0B3081E3C5C4888D6673C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets and Below Market Leases, Amortization Expense, Net, Year Four</link:label>
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFour_8A8BD92247D0B3081E3C5C4888D6673C_documentation_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFour_8A8BD92247D0B3081E3C5C4888D6673C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets and Below Market Leases, Amortization Expense, Net, Year Four</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFour" xlink:label="loc_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFour_8A8BD92247D0B3081E3C5C4888D6673C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFour_8A8BD92247D0B3081E3C5C4888D6673C" xlink:to="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFour_8A8BD92247D0B3081E3C5C4888D6673C" xlink:type="arc" />
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFive_F372B5AD4EBA12D96B935C4888D64F4F_terseLabel_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFive_F372B5AD4EBA12D96B935C4888D64F4F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2021</link:label>
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFive_F372B5AD4EBA12D96B935C4888D64F4F_label_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFive_F372B5AD4EBA12D96B935C4888D64F4F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets and Below Market Leases, Amortization Expense, Net, Year Five</link:label>
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFive_F372B5AD4EBA12D96B935C4888D64F4F_documentation_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFive_F372B5AD4EBA12D96B935C4888D64F4F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets and Below Market Leases, Amortization Expense, Net, Year Five</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFive" xlink:label="loc_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFive_F372B5AD4EBA12D96B935C4888D64F4F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFive_F372B5AD4EBA12D96B935C4888D64F4F" xlink:to="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetYearFive_F372B5AD4EBA12D96B935C4888D64F4F" xlink:type="arc" />
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetAfterYearFive_B1E61794F1F4E97616625C4888D6BDE7_terseLabel_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetAfterYearFive_B1E61794F1F4E97616625C4888D6BDE7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Thereafter</link:label>
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetAfterYearFive_B1E61794F1F4E97616625C4888D6BDE7_label_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetAfterYearFive_B1E61794F1F4E97616625C4888D6BDE7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets and Below Market Leases, Amortization Expense, Net, After Year Five</link:label>
    <link:label id="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetAfterYearFive_B1E61794F1F4E97616625C4888D6BDE7_documentation_en-US" xlink:label="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetAfterYearFive_B1E61794F1F4E97616625C4888D6BDE7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets and Below Market Leases, Amortization Expense, Net, After Year Five</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetAfterYearFive" xlink:label="loc_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetAfterYearFive_B1E61794F1F4E97616625C4888D6BDE7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetAfterYearFive_B1E61794F1F4E97616625C4888D6BDE7" xlink:to="lab_ftai_FiniteLivedIntangibleAssetsandBelowMarketLeasesAmortizationExpenseNetAfterYearFive_B1E61794F1F4E97616625C4888D6BDE7" xlink:type="arc" />
    <link:label id="lab_ftai_FiniteLivedintangibleassetsandBelowMarketLeasesNet_72E5F3D36C62347D22C15C4888D60CB5_totalLabel_en-US" xlink:label="lab_ftai_FiniteLivedintangibleassetsandBelowMarketLeasesNet_72E5F3D36C62347D22C15C4888D60CB5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ftai_FiniteLivedintangibleassetsandBelowMarketLeasesNet_72E5F3D36C62347D22C15C4888D60CB5_label_en-US" xlink:label="lab_ftai_FiniteLivedintangibleassetsandBelowMarketLeasesNet_72E5F3D36C62347D22C15C4888D60CB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived intangible assets and Below Market Leases, Net</link:label>
    <link:label id="lab_ftai_FiniteLivedintangibleassetsandBelowMarketLeasesNet_72E5F3D36C62347D22C15C4888D60CB5_documentation_en-US" xlink:label="lab_ftai_FiniteLivedintangibleassetsandBelowMarketLeasesNet_72E5F3D36C62347D22C15C4888D60CB5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Finite-Lived intangible assets and Below Market Leases, Net</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_FiniteLivedintangibleassetsandBelowMarketLeasesNet" xlink:label="loc_ftai_FiniteLivedintangibleassetsandBelowMarketLeasesNet_72E5F3D36C62347D22C15C4888D60CB5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_FiniteLivedintangibleassetsandBelowMarketLeasesNet_72E5F3D36C62347D22C15C4888D60CB5" xlink:to="lab_ftai_FiniteLivedintangibleassetsandBelowMarketLeasesNet_72E5F3D36C62347D22C15C4888D60CB5" xlink:type="arc" />
    <link:label id="lab_ftai_RetainingShareholdersMember_60B4305C9D7C6D49ED366776B561710A_terseLabel_en-US" xlink:label="lab_ftai_RetainingShareholdersMember_60B4305C9D7C6D49ED366776B561710A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retaining Shareholders</link:label>
    <link:label id="lab_ftai_RetainingShareholdersMember_60B4305C9D7C6D49ED366776B561710A_label_en-US" xlink:label="lab_ftai_RetainingShareholdersMember_60B4305C9D7C6D49ED366776B561710A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retaining Shareholders [Member]</link:label>
    <link:label id="lab_ftai_RetainingShareholdersMember_60B4305C9D7C6D49ED366776B561710A_documentation_en-US" xlink:label="lab_ftai_RetainingShareholdersMember_60B4305C9D7C6D49ED366776B561710A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Retaining Shareholders [Member]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_RetainingShareholdersMember" xlink:label="loc_ftai_RetainingShareholdersMember_60B4305C9D7C6D49ED366776B561710A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_RetainingShareholdersMember_60B4305C9D7C6D49ED366776B561710A" xlink:to="lab_ftai_RetainingShareholdersMember_60B4305C9D7C6D49ED366776B561710A" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt_CE858EE3AFC31F8CD3D66776B561407D_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt_CE858EE3AFC31F8CD3D66776B561407D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt_CE858EE3AFC31F8CD3D66776B561407D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt_CE858EE3AFC31F8CD3D66776B561407D" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt_CE858EE3AFC31F8CD3D66776B561407D" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable_2B3A7FC694FA49A63EAA6776B56211B1_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable_2B3A7FC694FA49A63EAA6776B56211B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity consideration</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable_2B3A7FC694FA49A63EAA6776B56211B1_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable_2B3A7FC694FA49A63EAA6776B56211B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Consideration Transferred, Equity Interests Issued and Issuable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable" xlink:label="loc_us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable_2B3A7FC694FA49A63EAA6776B56211B1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable_2B3A7FC694FA49A63EAA6776B56211B1" xlink:to="lab_us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable_2B3A7FC694FA49A63EAA6776B56211B1" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_F7868B7A81ED3EEACAC06776B562DAF4_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_F7868B7A81ED3EEACAC06776B562DAF4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percent interest acquired</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_F7868B7A81ED3EEACAC06776B562DAF4_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_F7868B7A81ED3EEACAC06776B562DAF4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Percentage of Voting Interests Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired" xlink:label="loc_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_F7868B7A81ED3EEACAC06776B562DAF4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_F7868B7A81ED3EEACAC06776B562DAF4" xlink:to="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_F7868B7A81ED3EEACAC06776B562DAF4" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_69742783F20C6C220A106776B56261CC_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_69742783F20C6C220A106776B56261CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remaining non-controlling interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners" xlink:label="loc_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_69742783F20C6C220A106776B56261CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_69742783F20C6C220A106776B56261CC" xlink:to="lab_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_69742783F20C6C220A106776B56261CC" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred_4B0DDD644687041AD6C96776B562C69A_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred_4B0DDD644687041AD6C96776B562C69A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loan obtained through acquisition</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred_4B0DDD644687041AD6C96776B562C69A_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred_4B0DDD644687041AD6C96776B562C69A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Consideration Transferred, Liabilities Incurred</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred" xlink:label="loc_us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred_4B0DDD644687041AD6C96776B562C69A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred_4B0DDD644687041AD6C96776B562C69A" xlink:to="lab_us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred_4B0DDD644687041AD6C96776B562C69A" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_FE0FD2A631FE84A9A1BB6776B562E82B_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_FE0FD2A631FE84A9A1BB6776B562E82B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transaction related costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationAcquisitionRelatedCosts" xlink:label="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_FE0FD2A631FE84A9A1BB6776B562E82B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_FE0FD2A631FE84A9A1BB6776B562E82B" xlink:to="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_FE0FD2A631FE84A9A1BB6776B562E82B" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_618B9896E07CF50292B26776B562EF14_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_618B9896E07CF50292B26776B562EF14" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill expected to be tax-deductible</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_618B9896E07CF50292B26776B562EF14_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_618B9896E07CF50292B26776B562EF14" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Goodwill, Expected Tax Deductible Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount" xlink:label="loc_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_618B9896E07CF50292B26776B562EF14" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_618B9896E07CF50292B26776B562EF14" xlink:to="lab_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_618B9896E07CF50292B26776B562EF14" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentPropertyPlantAndEquipment_305977F8731896CE11756776B5620E32_verboseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentPropertyPlantAndEquipment_305977F8731896CE11756776B5620E32" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Decrease in assumed fixed assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentPropertyPlantAndEquipment" xlink:label="loc_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentPropertyPlantAndEquipment_305977F8731896CE11756776B5620E32" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentPropertyPlantAndEquipment_305977F8731896CE11756776B5620E32" xlink:to="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentPropertyPlantAndEquipment_305977F8731896CE11756776B5620E32" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles_01A636EDD431D61294426776B562E985_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles_01A636EDD431D61294426776B562E985" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase of assumed intangible assets</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles_01A636EDD431D61294426776B562E985_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles_01A636EDD431D61294426776B562E985" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles" xlink:label="loc_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles_01A636EDD431D61294426776B562E985" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles_01A636EDD431D61294426776B562E985" xlink:to="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles_01A636EDD431D61294426776B562E985" xlink:type="arc" />
    <link:label id="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentAccruedExpenses_6C1920675338FD27D5C96776B562BC34_terseLabel_en-US" xlink:label="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentAccruedExpenses_6C1920675338FD27D5C96776B562BC34" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase in assumed accounts payable and accrued liabilities</link:label>
    <link:label id="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentAccruedExpenses_6C1920675338FD27D5C96776B562BC34_label_en-US" xlink:label="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentAccruedExpenses_6C1920675338FD27D5C96776B562BC34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Accrued Expenses</link:label>
    <link:label id="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentAccruedExpenses_6C1920675338FD27D5C96776B562BC34_documentation_en-US" xlink:label="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentAccruedExpenses_6C1920675338FD27D5C96776B562BC34" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Accrued Expenses</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentAccruedExpenses" xlink:label="loc_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentAccruedExpenses_6C1920675338FD27D5C96776B562BC34" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentAccruedExpenses_6C1920675338FD27D5C96776B562BC34" xlink:to="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentAccruedExpenses_6C1920675338FD27D5C96776B562BC34" xlink:type="arc" />
    <link:label id="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentOtherLiabilities_EE7F70FF0C46733068966776B562CA07_terseLabel_en-US" xlink:label="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentOtherLiabilities_EE7F70FF0C46733068966776B562CA07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement period adjustments for goodwill and estimated liabilities assumed</link:label>
    <link:label id="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentOtherLiabilities_EE7F70FF0C46733068966776B562CA07_label_en-US" xlink:label="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentOtherLiabilities_EE7F70FF0C46733068966776B562CA07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Other Liabilities</link:label>
    <link:label id="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentOtherLiabilities_EE7F70FF0C46733068966776B562CA07_documentation_en-US" xlink:label="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentOtherLiabilities_EE7F70FF0C46733068966776B562CA07" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Other Liabilities</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentOtherLiabilities" xlink:label="loc_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentOtherLiabilities_EE7F70FF0C46733068966776B562CA07" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentOtherLiabilities_EE7F70FF0C46733068966776B562CA07" xlink:to="lab_ftai_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentOtherLiabilities_EE7F70FF0C46733068966776B562CA07" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_82D9DF39DA92C9592BA86776B722EE56_verboseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_82D9DF39DA92C9592BA86776B722EE56" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Pre-tax net income (loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_82D9DF39DA92C9592BA86776B722EE56" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_82D9DF39DA92C9592BA86776B722EE56" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_82D9DF39DA92C9592BA86776B722EE56" xlink:type="arc" />
    <link:label id="lab_us-gaap_SignificantAccountingPoliciesTextBlock_34963775FD389DBB14A65E530F5DE1C9_terseLabel_en-US" xlink:label="lab_us-gaap_SignificantAccountingPoliciesTextBlock_34963775FD389DBB14A65E530F5DE1C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</link:label>
    <link:label id="lab_us-gaap_SignificantAccountingPoliciesTextBlock_34963775FD389DBB14A65E530F5DE1C9_label_en-US" xlink:label="lab_us-gaap_SignificantAccountingPoliciesTextBlock_34963775FD389DBB14A65E530F5DE1C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Significant Accounting Policies [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="loc_us-gaap_SignificantAccountingPoliciesTextBlock_34963775FD389DBB14A65E530F5DE1C9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SignificantAccountingPoliciesTextBlock_34963775FD389DBB14A65E530F5DE1C9" xlink:to="lab_us-gaap_SignificantAccountingPoliciesTextBlock_34963775FD389DBB14A65E530F5DE1C9" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfStockholdersEquityAbstract_084DBFDFEE00EBAA7F2B42AD49739C4F_label_en-US" xlink:label="lab_us-gaap_StatementOfStockholdersEquityAbstract_084DBFDFEE00EBAA7F2B42AD49739C4F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Stockholders' Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="loc_us-gaap_StatementOfStockholdersEquityAbstract_084DBFDFEE00EBAA7F2B42AD49739C4F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_084DBFDFEE00EBAA7F2B42AD49739C4F" xlink:to="lab_us-gaap_StatementOfStockholdersEquityAbstract_084DBFDFEE00EBAA7F2B42AD49739C4F" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementEquityComponentsAxis_F494A85C6CBAD805E59742AD49737F9E_terseLabel_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_F494A85C6CBAD805E59742AD49737F9E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Components [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementEquityComponentsAxis_F494A85C6CBAD805E59742AD49737F9E_label_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_F494A85C6CBAD805E59742AD49737F9E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Components [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_F494A85C6CBAD805E59742AD49737F9E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_F494A85C6CBAD805E59742AD49737F9E" xlink:to="lab_us-gaap_StatementEquityComponentsAxis_F494A85C6CBAD805E59742AD49737F9E" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityComponentDomain_8CD52520AD76FC3405C342AD4973A0E9_terseLabel_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_8CD52520AD76FC3405C342AD4973A0E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Component [Domain]</link:label>
    <link:label id="lab_us-gaap_EquityComponentDomain_8CD52520AD76FC3405C342AD4973A0E9_label_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_8CD52520AD76FC3405C342AD4973A0E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Component [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_8CD52520AD76FC3405C342AD4973A0E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityComponentDomain_8CD52520AD76FC3405C342AD4973A0E9" xlink:to="lab_us-gaap_EquityComponentDomain_8CD52520AD76FC3405C342AD4973A0E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockMember_1E54130BB7944A57856242AD49733626_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockMember_1E54130BB7944A57856242AD49733626" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Stock</link:label>
    <link:label id="lab_us-gaap_CommonStockMember_1E54130BB7944A57856242AD49733626_label_en-US" xlink:label="lab_us-gaap_CommonStockMember_1E54130BB7944A57856242AD49733626" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_1E54130BB7944A57856242AD49733626" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockMember_1E54130BB7944A57856242AD49733626" xlink:to="lab_us-gaap_CommonStockMember_1E54130BB7944A57856242AD49733626" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_136560D39E026BB42C6C42AD4973DFC7_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_136560D39E026BB42C6C42AD4973DFC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional Paid In Capital</link:label>
    <link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_136560D39E026BB42C6C42AD4973DFC7_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_136560D39E026BB42C6C42AD4973DFC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Paid-in Capital [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="loc_us-gaap_AdditionalPaidInCapitalMember_136560D39E026BB42C6C42AD4973DFC7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdditionalPaidInCapitalMember_136560D39E026BB42C6C42AD4973DFC7" xlink:to="lab_us-gaap_AdditionalPaidInCapitalMember_136560D39E026BB42C6C42AD4973DFC7" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetainedEarningsMember_371CD06A747FE7DAA38C42AD4973F13A_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_371CD06A747FE7DAA38C42AD4973F13A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Deficit</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsMember_371CD06A747FE7DAA38C42AD4973F13A_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_371CD06A747FE7DAA38C42AD4973F13A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="loc_us-gaap_RetainedEarningsMember_371CD06A747FE7DAA38C42AD4973F13A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsMember_371CD06A747FE7DAA38C42AD4973F13A" xlink:to="lab_us-gaap_RetainedEarningsMember_371CD06A747FE7DAA38C42AD4973F13A" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_C1C9815F0D55BFCF235242AD4973BA00_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_C1C9815F0D55BFCF235242AD4973BA00" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_C1C9815F0D55BFCF235242AD4973BA00_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_C1C9815F0D55BFCF235242AD4973BA00" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AOCI Attributable to Parent [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_C1C9815F0D55BFCF235242AD4973BA00" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_C1C9815F0D55BFCF235242AD4973BA00" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_C1C9815F0D55BFCF235242AD4973BA00" xlink:type="arc" />
    <link:label id="lab_us-gaap_NoncontrollingInterestMember_5D3DE6DD8D38448370D742AD4974A368_terseLabel_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestMember_5D3DE6DD8D38448370D742AD4974A368" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-Controlling Interest in Equity of Consolidated Subsidiaries</link:label>
    <link:label id="lab_us-gaap_NoncontrollingInterestMember_5D3DE6DD8D38448370D742AD4974A368_label_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestMember_5D3DE6DD8D38448370D742AD4974A368" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="loc_us-gaap_NoncontrollingInterestMember_5D3DE6DD8D38448370D742AD4974A368" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncontrollingInterestMember_5D3DE6DD8D38448370D742AD4974A368" xlink:to="lab_us-gaap_NoncontrollingInterestMember_5D3DE6DD8D38448370D742AD4974A368" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_2FBED53A6CFA0EEE13A442AD49746EC0_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_2FBED53A6CFA0EEE13A442AD49746EC0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Partners' Capital [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_2FBED53A6CFA0EEE13A442AD49746EC0_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_2FBED53A6CFA0EEE13A442AD49746EC0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Partners' Capital [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInPartnersCapitalRollForward" xlink:label="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_2FBED53A6CFA0EEE13A442AD49746EC0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_2FBED53A6CFA0EEE13A442AD49746EC0" xlink:to="lab_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_2FBED53A6CFA0EEE13A442AD49746EC0" xlink:type="arc" />
    <link:label id="lab_us-gaap_LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest_D7AB8BEB8679C133F50B42AD49746D59_periodStartLabel_en-US" xlink:label="lab_us-gaap_LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest_D7AB8BEB8679C133F50B42AD49746D59" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest_D7AB8BEB8679C133F50B42AD49746D59" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest_D7AB8BEB8679C133F50B42AD49746D59" xlink:to="lab_us-gaap_LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest_D7AB8BEB8679C133F50B42AD49746D59" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAbstract_1B945DE1987019387EBE42AD49746B8B_terseLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAbstract_1B945DE1987019387EBE42AD49746B8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Comprehensive loss:</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAbstract_1B945DE1987019387EBE42AD49746B8B_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAbstract_1B945DE1987019387EBE42AD49746B8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAbstract_1B945DE1987019387EBE42AD49746B8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAbstract_1B945DE1987019387EBE42AD49746B8B" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAbstract_1B945DE1987019387EBE42AD49746B8B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_C44FE9A75B1799D993EA42AD4974F8ED_verboseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_C44FE9A75B1799D993EA42AD4974F8ED" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net loss for the period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_C44FE9A75B1799D993EA42AD4974F8ED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_C44FE9A75B1799D993EA42AD4974F8ED" xlink:to="lab_us-gaap_ProfitLoss_C44FE9A75B1799D993EA42AD4974F8ED" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_238C08A507FA61A73B7D42AD49744743_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_238C08A507FA61A73B7D42AD49744743" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_238C08A507FA61A73B7D42AD49744743_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_238C08A507FA61A73B7D42AD49744743" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_238C08A507FA61A73B7D42AD49744743" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_238C08A507FA61A73B7D42AD49744743" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_238C08A507FA61A73B7D42AD49744743" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_276CD51CDC1A83BBF48E42AD4974BA2A_terseLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_276CD51CDC1A83BBF48E42AD4974BA2A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Comprehensive (loss) income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_276CD51CDC1A83BBF48E42AD4974BA2A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_276CD51CDC1A83BBF48E42AD4974BA2A" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_276CD51CDC1A83BBF48E42AD4974BA2A" xlink:type="arc" />
    <link:label id="lab_us-gaap_PartnersCapitalAccountContributions_8370C3EA5180812EEE1342AD4974CBDA_terseLabel_en-US" xlink:label="lab_us-gaap_PartnersCapitalAccountContributions_8370C3EA5180812EEE1342AD4974CBDA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital contributions</link:label>
    <link:label id="lab_us-gaap_PartnersCapitalAccountContributions_8370C3EA5180812EEE1342AD4974CBDA_label_en-US" xlink:label="lab_us-gaap_PartnersCapitalAccountContributions_8370C3EA5180812EEE1342AD4974CBDA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Partners' Capital Account, Contributions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PartnersCapitalAccountContributions" xlink:label="loc_us-gaap_PartnersCapitalAccountContributions_8370C3EA5180812EEE1342AD4974CBDA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PartnersCapitalAccountContributions_8370C3EA5180812EEE1342AD4974CBDA" xlink:to="lab_us-gaap_PartnersCapitalAccountContributions_8370C3EA5180812EEE1342AD4974CBDA" xlink:type="arc" />
    <link:label id="lab_us-gaap_DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared_19305B0E0C631736C8FE42AD4974B39A_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared_19305B0E0C631736C8FE42AD4974B39A" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Distribution Made to Limited Liability Company (LLC) Member, Cash Distributions Declared</link:label>
    <link:label id="lab_us-gaap_DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared_19305B0E0C631736C8FE42AD4974B39A_label_en-US" xlink:label="lab_us-gaap_DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared_19305B0E0C631736C8FE42AD4974B39A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Distribution Made to Limited Liability Company (LLC) Member, Cash Distributions Declared</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared" xlink:label="loc_us-gaap_DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared_19305B0E0C631736C8FE42AD4974B39A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared_19305B0E0C631736C8FE42AD4974B39A" xlink:to="lab_us-gaap_DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared_19305B0E0C631736C8FE42AD4974B39A" xlink:type="arc" />
    <link:label id="lab_ftai_SettlementofEquityBasedCompensation_FE54855686318C4802E242AD4974AA19_negatedTerseLabel_en-US" xlink:label="lab_ftai_SettlementofEquityBasedCompensation_FE54855686318C4802E242AD4974AA19" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Settlement of equity-based compensation</link:label>
    <link:label id="lab_ftai_SettlementofEquityBasedCompensation_FE54855686318C4802E242AD4974AA19_label_en-US" xlink:label="lab_ftai_SettlementofEquityBasedCompensation_FE54855686318C4802E242AD4974AA19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Settlement of Equity Based Compensation</link:label>
    <link:label id="lab_ftai_SettlementofEquityBasedCompensation_FE54855686318C4802E242AD4974AA19_documentation_en-US" xlink:label="lab_ftai_SettlementofEquityBasedCompensation_FE54855686318C4802E242AD4974AA19" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Settlement of Equity Based Compensation</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_SettlementofEquityBasedCompensation" xlink:label="loc_ftai_SettlementofEquityBasedCompensation_FE54855686318C4802E242AD4974AA19" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_SettlementofEquityBasedCompensation_FE54855686318C4802E242AD4974AA19" xlink:to="lab_ftai_SettlementofEquityBasedCompensation_FE54855686318C4802E242AD4974AA19" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsCommonStock_2F483A2339D8A305AEE042AD4974FA8D_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DividendsCommonStock_2F483A2339D8A305AEE042AD4974FA8D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Dividends declared</link:label>
    <link:label id="lab_us-gaap_DividendsCommonStock_2F483A2339D8A305AEE042AD4974FA8D_label_en-US" xlink:label="lab_us-gaap_DividendsCommonStock_2F483A2339D8A305AEE042AD4974FA8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends, Common Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DividendsCommonStock" xlink:label="loc_us-gaap_DividendsCommonStock_2F483A2339D8A305AEE042AD4974FA8D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsCommonStock_2F483A2339D8A305AEE042AD4974FA8D" xlink:to="lab_us-gaap_DividendsCommonStock_2F483A2339D8A305AEE042AD4974FA8D" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_F2E0EB80BC0DF0A42A2C42AD4974B254_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_F2E0EB80BC0DF0A42A2C42AD4974B254" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issuance of common shares</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_F2E0EB80BC0DF0A42A2C42AD4974B254_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_F2E0EB80BC0DF0A42A2C42AD4974B254" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, New Issues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_F2E0EB80BC0DF0A42A2C42AD4974B254" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_F2E0EB80BC0DF0A42A2C42AD4974B254" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_F2E0EB80BC0DF0A42A2C42AD4974B254" xlink:type="arc" />
    <link:label id="lab_us-gaap_Dividends_E44266F8D4068FCEEDAA42AD497472D4_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_Dividends_E44266F8D4068FCEEDAA42AD497472D4" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Dividends</link:label>
    <link:label id="lab_us-gaap_Dividends_E44266F8D4068FCEEDAA42AD497472D4_label_en-US" xlink:label="lab_us-gaap_Dividends_E44266F8D4068FCEEDAA42AD497472D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Dividends" xlink:label="loc_us-gaap_Dividends_E44266F8D4068FCEEDAA42AD497472D4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Dividends_E44266F8D4068FCEEDAA42AD497472D4" xlink:to="lab_us-gaap_Dividends_E44266F8D4068FCEEDAA42AD497472D4" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_C8979781F99959BD59C742AD49745A90_verboseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_C8979781F99959BD59C742AD49745A90" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Equity-based compensation</link:label>
    <link:label id="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_C8979781F99959BD59C742AD49745A90_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_C8979781F99959BD59C742AD49745A90" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:label="loc_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_C8979781F99959BD59C742AD49745A90" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_C8979781F99959BD59C742AD49745A90" xlink:to="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_C8979781F99959BD59C742AD49745A90" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_1D88E56ED99F2CF1F2EF42AD49741CAE_periodEndLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_1D88E56ED99F2CF1F2EF42AD49741CAE" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_1D88E56ED99F2CF1F2EF42AD49741CAE_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_1D88E56ED99F2CF1F2EF42AD49741CAE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_1D88E56ED99F2CF1F2EF42AD49741CAE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_1D88E56ED99F2CF1F2EF42AD49741CAE" xlink:to="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_1D88E56ED99F2CF1F2EF42AD49741CAE" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock_81526BD52002DBD4D9F15C4888140689_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock_81526BD52002DBD4D9F15C4888140689" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Stock-based Compensation Arrangements</link:label>
    <link:label id="lab_us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock_81526BD52002DBD4D9F15C4888140689_label_en-US" xlink:label="lab_us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock_81526BD52002DBD4D9F15C4888140689" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock_81526BD52002DBD4D9F15C4888140689" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock_81526BD52002DBD4D9F15C4888140689" xlink:to="lab_us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock_81526BD52002DBD4D9F15C4888140689" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_07F16CD215427138B7925C4888140025_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_07F16CD215427138B7925C4888140025" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_07F16CD215427138B7925C4888140025_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_07F16CD215427138B7925C4888140025" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_07F16CD215427138B7925C4888140025" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_07F16CD215427138B7925C4888140025" xlink:to="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_07F16CD215427138B7925C4888140025" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock_1D26A14440DDDD3AD75F5C68767FF985_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock_1D26A14440DDDD3AD75F5C68767FF985" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Restricted Stock Units Activity</link:label>
    <link:label id="lab_us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock_1D26A14440DDDD3AD75F5C68767FF985_label_en-US" xlink:label="lab_us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock_1D26A14440DDDD3AD75F5C68767FF985" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock_1D26A14440DDDD3AD75F5C68767FF985" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock_1D26A14440DDDD3AD75F5C68767FF985" xlink:to="lab_us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock_1D26A14440DDDD3AD75F5C68767FF985" xlink:type="arc" />
    <link:label id="lab_ftai_ScheduleofCommonStockUnitActivityTableTextBlock_197D59244F15412F19D05C6A1288E9CC_terseLabel_en-US" xlink:label="lab_ftai_ScheduleofCommonStockUnitActivityTableTextBlock_197D59244F15412F19D05C6A1288E9CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Common Stock Unit Activity</link:label>
    <link:label id="lab_ftai_ScheduleofCommonStockUnitActivityTableTextBlock_197D59244F15412F19D05C6A1288E9CC_label_en-US" xlink:label="lab_ftai_ScheduleofCommonStockUnitActivityTableTextBlock_197D59244F15412F19D05C6A1288E9CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Common Stock Unit Activity [Table Text Block]</link:label>
    <link:label id="lab_ftai_ScheduleofCommonStockUnitActivityTableTextBlock_197D59244F15412F19D05C6A1288E9CC_documentation_en-US" xlink:label="lab_ftai_ScheduleofCommonStockUnitActivityTableTextBlock_197D59244F15412F19D05C6A1288E9CC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Common Stock Unit Activity [Table Text Block]</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_ScheduleofCommonStockUnitActivityTableTextBlock" xlink:label="loc_ftai_ScheduleofCommonStockUnitActivityTableTextBlock_197D59244F15412F19D05C6A1288E9CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_ScheduleofCommonStockUnitActivityTableTextBlock_197D59244F15412F19D05C6A1288E9CC" xlink:to="lab_ftai_ScheduleofCommonStockUnitActivityTableTextBlock_197D59244F15412F19D05C6A1288E9CC" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock_71FF81F0125B21C26B7803E9BDBEE310_terseLabel_en-US" xlink:label="lab_us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock_CFAAA85334995FCD99E4BD1A89A46461" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of Revenue from Segments to Consolidated</link:label>
    <link:label id="lab_us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock_71FF81F0125B21C26B7803E9BDBEE310_label_en-US" xlink:label="lab_us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock_CFAAA85334995FCD99E4BD1A89A46461" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reconciliation of Revenue from Segments to Consolidated [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock" xlink:label="loc_us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock_CFAAA85334995FCD99E4BD1A89A46461" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock_CFAAA85334995FCD99E4BD1A89A46461" xlink:to="lab_us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock_CFAAA85334995FCD99E4BD1A89A46461" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived_37CEB4C0CC5F8BCFEE1942AD49278577_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived_37CEB4C0CC5F8BCFEE1942AD49278577" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finance leases</link:label>
    <link:label id="lab_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived_37CEB4C0CC5F8BCFEE1942AD49278577_label_en-US" xlink:label="lab_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived_37CEB4C0CC5F8BCFEE1942AD49278577" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Leases, Net Investment in Direct Financing Leases, Minimum Payments to be Received</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived" xlink:label="loc_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived_37CEB4C0CC5F8BCFEE1942AD49278577" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived_37CEB4C0CC5F8BCFEE1942AD49278577" xlink:to="lab_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived_37CEB4C0CC5F8BCFEE1942AD49278577" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesDeferredIncome_762540F3ABF132BE78E542AD4927852B_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesDeferredIncome_762540F3ABF132BE78E542AD4927852B" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Unearned revenue</link:label>
    <link:label id="lab_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesDeferredIncome_762540F3ABF132BE78E542AD4927852B_label_en-US" xlink:label="lab_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesDeferredIncome_762540F3ABF132BE78E542AD4927852B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Leases, Net Investment in Direct Financing Leases, Deferred Income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesDeferredIncome" xlink:label="loc_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesDeferredIncome_762540F3ABF132BE78E542AD4927852B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesDeferredIncome_762540F3ABF132BE78E542AD4927852B" xlink:to="lab_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesDeferredIncome_762540F3ABF132BE78E542AD4927852B" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeases_CA7B5013984CAE31582942AD492700F3_totalLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeases_CA7B5013984CAE31582942AD492700F3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Finance leases, net</link:label>
    <link:label id="lab_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeases_CA7B5013984CAE31582942AD492700F3_label_en-US" xlink:label="lab_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeases_CA7B5013984CAE31582942AD492700F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Leases, Net Investment in Direct Financing Leases</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeases" xlink:label="loc_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeases_CA7B5013984CAE31582942AD492700F3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeases_CA7B5013984CAE31582942AD492700F3" xlink:to="lab_us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeases_CA7B5013984CAE31582942AD492700F3" xlink:type="arc" />
    <link:label id="lab_ftai_CapitalLeasesNumberofShippingContainersSoldinDirectFinancingLeases_220D67A6208F473E854E42AD4927C993_terseLabel_en-US" xlink:label="lab_ftai_CapitalLeasesNumberofShippingContainersSoldinDirectFinancingLeases_220D67A6208F473E854E42AD4927C993" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of shipping containers that were subject to direct finance leases for a modest gain.</link:label>
    <link:label id="lab_ftai_CapitalLeasesNumberofShippingContainersSoldinDirectFinancingLeases_220D67A6208F473E854E42AD4927C993_label_en-US" xlink:label="lab_ftai_CapitalLeasesNumberofShippingContainersSoldinDirectFinancingLeases_220D67A6208F473E854E42AD4927C993" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Leases, Number of Shipping Containers Sold in Direct Financing Leases</link:label>
    <link:label id="lab_ftai_CapitalLeasesNumberofShippingContainersSoldinDirectFinancingLeases_220D67A6208F473E854E42AD4927C993_documentation_en-US" xlink:label="lab_ftai_CapitalLeasesNumberofShippingContainersSoldinDirectFinancingLeases_220D67A6208F473E854E42AD4927C993" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital Leases, Number of Shipping Containers Sold in Direct Financing Leases</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CapitalLeasesNumberofShippingContainersSoldinDirectFinancingLeases" xlink:label="loc_ftai_CapitalLeasesNumberofShippingContainersSoldinDirectFinancingLeases_220D67A6208F473E854E42AD4927C993" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CapitalLeasesNumberofShippingContainersSoldinDirectFinancingLeases_220D67A6208F473E854E42AD4927C993" xlink:to="lab_ftai_CapitalLeasesNumberofShippingContainersSoldinDirectFinancingLeases_220D67A6208F473E854E42AD4927C993" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentAdditions_B155144346B22E0A87AB42AD4912F03E_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentAdditions_B155144346B22E0A87AB42AD4912F03E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment acquired</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentAdditions_B155144346B22E0A87AB42AD4912F03E_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentAdditions_B155144346B22E0A87AB42AD4912F03E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Additions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentAdditions" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentAdditions_B155144346B22E0A87AB42AD4912F03E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentAdditions_B155144346B22E0A87AB42AD4912F03E" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentAdditions_B155144346B22E0A87AB42AD4912F03E" xlink:type="arc" />
    <link:label id="lab_us-gaap_AcquisitionCosts_9C76AB91175EC7517CD242AD49129142_terseLabel_en-US" xlink:label="lab_us-gaap_AcquisitionCosts_9C76AB91175EC7517CD242AD49129142" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisition Costs, Period Cost</link:label>
    <link:label id="lab_us-gaap_AcquisitionCosts_9C76AB91175EC7517CD242AD49129142_label_en-US" xlink:label="lab_us-gaap_AcquisitionCosts_9C76AB91175EC7517CD242AD49129142" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisition Costs, Period Cost</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AcquisitionCosts" xlink:label="loc_us-gaap_AcquisitionCosts_9C76AB91175EC7517CD242AD49129142" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AcquisitionCosts_9C76AB91175EC7517CD242AD49129142" xlink:to="lab_us-gaap_AcquisitionCosts_9C76AB91175EC7517CD242AD49129142" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentDisposals_9FF9441C58B37FCFB17B42AD49129F05_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentDisposals_9FF9441C58B37FCFB17B42AD49129F05" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposals of railroad equipment</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentDisposals_9FF9441C58B37FCFB17B42AD49129F05_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentDisposals_9FF9441C58B37FCFB17B42AD49129F05" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Disposals</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentDisposals" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentDisposals_9FF9441C58B37FCFB17B42AD49129F05" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentDisposals_9FF9441C58B37FCFB17B42AD49129F05" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentDisposals_9FF9441C58B37FCFB17B42AD49129F05" xlink:type="arc" />
    <link:label id="lab_us-gaap_Depreciation_B1531186FC8BD64DD4A842AD49125637_verboseLabel_en-US" xlink:label="lab_us-gaap_Depreciation_B1531186FC8BD64DD4A842AD49125637" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Depreciation expense</link:label>
    <link:label id="lab_us-gaap_Depreciation_B1531186FC8BD64DD4A842AD49125637_label_en-US" xlink:label="lab_us-gaap_Depreciation_B1531186FC8BD64DD4A842AD49125637" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Depreciation" xlink:label="loc_us-gaap_Depreciation_B1531186FC8BD64DD4A842AD49125637" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Depreciation_B1531186FC8BD64DD4A842AD49125637" xlink:to="lab_us-gaap_Depreciation_B1531186FC8BD64DD4A842AD49125637" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_A8AE84155AAA103371335C4887E4EBE5_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_A8AE84155AAA103371335C4887E4EBE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remaining expense to be recognized, if all vesting conditions are met</link:label>
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_A8AE84155AAA103371335C4887E4EBE5_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_A8AE84155AAA103371335C4887E4EBE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_A8AE84155AAA103371335C4887E4EBE5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_A8AE84155AAA103371335C4887E4EBE5" xlink:to="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_A8AE84155AAA103371335C4887E4EBE5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfCollaborativeArrangementsAndNoncollaborativeArrangementTransactionsTable_AB617F12F735BEBE46B9428138C694B1_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfCollaborativeArrangementsAndNoncollaborativeArrangementTransactionsTable_AB617F12F735BEBE46B9428138C694B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Collaborative Arrangements and Non-collaborative Arrangement Transactions [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfCollaborativeArrangementsAndNoncollaborativeArrangementTransactionsTable_AB617F12F735BEBE46B9428138C694B1_label_en-US" xlink:label="lab_us-gaap_ScheduleOfCollaborativeArrangementsAndNoncollaborativeArrangementTransactionsTable_AB617F12F735BEBE46B9428138C694B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Collaborative Arrangements and Non-collaborative Arrangement Transactions [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfCollaborativeArrangementsAndNoncollaborativeArrangementTransactionsTable" xlink:label="loc_us-gaap_ScheduleOfCollaborativeArrangementsAndNoncollaborativeArrangementTransactionsTable_AB617F12F735BEBE46B9428138C694B1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfCollaborativeArrangementsAndNoncollaborativeArrangementTransactionsTable_AB617F12F735BEBE46B9428138C694B1" xlink:to="lab_us-gaap_ScheduleOfCollaborativeArrangementsAndNoncollaborativeArrangementTransactionsTable_AB617F12F735BEBE46B9428138C694B1" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsidiarySaleOfStockAxis_16B5C0ED0A8055D5C14142818934C716_terseLabel_en-US" xlink:label="lab_us-gaap_SubsidiarySaleOfStockAxis_16B5C0ED0A8055D5C14142818934C716" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sale of Stock [Axis]</link:label>
    <link:label id="lab_us-gaap_SubsidiarySaleOfStockAxis_16B5C0ED0A8055D5C14142818934C716_label_en-US" xlink:label="lab_us-gaap_SubsidiarySaleOfStockAxis_16B5C0ED0A8055D5C14142818934C716" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale of Stock [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsidiarySaleOfStockAxis" xlink:label="loc_us-gaap_SubsidiarySaleOfStockAxis_16B5C0ED0A8055D5C14142818934C716" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsidiarySaleOfStockAxis_16B5C0ED0A8055D5C14142818934C716" xlink:to="lab_us-gaap_SubsidiarySaleOfStockAxis_16B5C0ED0A8055D5C14142818934C716" xlink:type="arc" />
    <link:label id="lab_us-gaap_SaleOfStockNameOfTransactionDomain_9BC6BD22D13ED14B79AA42818B17A3C8_terseLabel_en-US" xlink:label="lab_us-gaap_SaleOfStockNameOfTransactionDomain_9BC6BD22D13ED14B79AA42818B17A3C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sale of Stock [Domain]</link:label>
    <link:label id="lab_us-gaap_SaleOfStockNameOfTransactionDomain_9BC6BD22D13ED14B79AA42818B17A3C8_label_en-US" xlink:label="lab_us-gaap_SaleOfStockNameOfTransactionDomain_9BC6BD22D13ED14B79AA42818B17A3C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale of Stock [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SaleOfStockNameOfTransactionDomain" xlink:label="loc_us-gaap_SaleOfStockNameOfTransactionDomain_9BC6BD22D13ED14B79AA42818B17A3C8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SaleOfStockNameOfTransactionDomain_9BC6BD22D13ED14B79AA42818B17A3C8" xlink:to="lab_us-gaap_SaleOfStockNameOfTransactionDomain_9BC6BD22D13ED14B79AA42818B17A3C8" xlink:type="arc" />
    <link:label id="lab_us-gaap_IPOMember_ECCCB2844F43979850B5428189AA3A1E_terseLabel_en-US" xlink:label="lab_us-gaap_IPOMember_ECCCB2844F43979850B5428189AA3A1E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">IPO</link:label>
    <link:label id="lab_us-gaap_IPOMember_ECCCB2844F43979850B5428189AA3A1E_label_en-US" xlink:label="lab_us-gaap_IPOMember_ECCCB2844F43979850B5428189AA3A1E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">IPO [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IPOMember" xlink:label="loc_us-gaap_IPOMember_ECCCB2844F43979850B5428189AA3A1E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IPOMember_ECCCB2844F43979850B5428189AA3A1E" xlink:to="lab_us-gaap_IPOMember_ECCCB2844F43979850B5428189AA3A1E" xlink:type="arc" />
    <link:label id="lab_us-gaap_OverAllotmentOptionMember_FF307BC9688E5120593A428189C90421_terseLabel_en-US" xlink:label="lab_us-gaap_OverAllotmentOptionMember_FF307BC9688E5120593A428189C90421" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Over-Allotment Option</link:label>
    <link:label id="lab_us-gaap_OverAllotmentOptionMember_FF307BC9688E5120593A428189C90421_label_en-US" xlink:label="lab_us-gaap_OverAllotmentOptionMember_FF307BC9688E5120593A428189C90421" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Over-Allotment Option [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OverAllotmentOptionMember" xlink:label="loc_us-gaap_OverAllotmentOptionMember_FF307BC9688E5120593A428189C90421" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OverAllotmentOptionMember_FF307BC9688E5120593A428189C90421" xlink:to="lab_us-gaap_OverAllotmentOptionMember_FF307BC9688E5120593A428189C90421" xlink:type="arc" />
    <link:label id="lab_ftai_FortressWorldwideTransportationandInfrastructureInvestorsLPMember_C186EEAF5D500CBD7669428189528EB9_terseLabel_en-US" xlink:label="lab_ftai_FortressWorldwideTransportationandInfrastructureInvestorsLPMember_C186EEAF5D500CBD7669428189528EB9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fortress Worldwide Transportation and Infrastructure Investors LP</link:label>
    <link:label id="lab_ftai_FortressWorldwideTransportationandInfrastructureInvestorsLPMember_C186EEAF5D500CBD7669428189528EB9_label_en-US" xlink:label="lab_ftai_FortressWorldwideTransportationandInfrastructureInvestorsLPMember_C186EEAF5D500CBD7669428189528EB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fortress Worldwide Transportation and Infrastructure Investors LP [Member]</link:label>
    <link:label id="lab_ftai_FortressWorldwideTransportationandInfrastructureInvestorsLPMember_C186EEAF5D500CBD7669428189528EB9_documentation_en-US" xlink:label="lab_ftai_FortressWorldwideTransportationandInfrastructureInvestorsLPMember_C186EEAF5D500CBD7669428189528EB9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fortress Worldwide Transportation and Infrastructure Investors LP</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_FortressWorldwideTransportationandInfrastructureInvestorsLPMember" xlink:label="loc_ftai_FortressWorldwideTransportationandInfrastructureInvestorsLPMember_C186EEAF5D500CBD7669428189528EB9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_FortressWorldwideTransportationandInfrastructureInvestorsLPMember_C186EEAF5D500CBD7669428189528EB9" xlink:to="lab_ftai_FortressWorldwideTransportationandInfrastructureInvestorsLPMember_C186EEAF5D500CBD7669428189528EB9" xlink:type="arc" />
    <link:label id="lab_ftai_FortressWorldwideTransportationandInfrastructureOffshoreLPMember_9BFA56303B4EED7C76A04281896E6F6F_terseLabel_en-US" xlink:label="lab_ftai_FortressWorldwideTransportationandInfrastructureOffshoreLPMember_9BFA56303B4EED7C76A04281896E6F6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fortress Worldwide Transportation and Infrastructure Offshore LP</link:label>
    <link:label id="lab_ftai_FortressWorldwideTransportationandInfrastructureOffshoreLPMember_9BFA56303B4EED7C76A04281896E6F6F_label_en-US" xlink:label="lab_ftai_FortressWorldwideTransportationandInfrastructureOffshoreLPMember_9BFA56303B4EED7C76A04281896E6F6F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fortress Worldwide Transportation and Infrastructure Offshore LP [Member]</link:label>
    <link:label id="lab_ftai_FortressWorldwideTransportationandInfrastructureOffshoreLPMember_9BFA56303B4EED7C76A04281896E6F6F_documentation_en-US" xlink:label="lab_ftai_FortressWorldwideTransportationandInfrastructureOffshoreLPMember_9BFA56303B4EED7C76A04281896E6F6F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fortress Worldwide Transportation and Infrastructure Offshore LP</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_FortressWorldwideTransportationandInfrastructureOffshoreLPMember" xlink:label="loc_ftai_FortressWorldwideTransportationandInfrastructureOffshoreLPMember_9BFA56303B4EED7C76A04281896E6F6F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_FortressWorldwideTransportationandInfrastructureOffshoreLPMember_9BFA56303B4EED7C76A04281896E6F6F" xlink:to="lab_ftai_FortressWorldwideTransportationandInfrastructureOffshoreLPMember_9BFA56303B4EED7C76A04281896E6F6F" xlink:type="arc" />
    <link:label id="lab_us-gaap_CollaborativeArrangementsAndNoncollaborativeArrangementTransactionsLineItems_D801626E7A58FA337C9D428138C82A06_terseLabel_en-US" xlink:label="lab_us-gaap_CollaborativeArrangementsAndNoncollaborativeArrangementTransactionsLineItems_D801626E7A58FA337C9D428138C82A06" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]</link:label>
    <link:label id="lab_us-gaap_CollaborativeArrangementsAndNoncollaborativeArrangementTransactionsLineItems_D801626E7A58FA337C9D428138C82A06_label_en-US" xlink:label="lab_us-gaap_CollaborativeArrangementsAndNoncollaborativeArrangementTransactionsLineItems_D801626E7A58FA337C9D428138C82A06" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CollaborativeArrangementsAndNoncollaborativeArrangementTransactionsLineItems" xlink:label="loc_us-gaap_CollaborativeArrangementsAndNoncollaborativeArrangementTransactionsLineItems_D801626E7A58FA337C9D428138C82A06" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CollaborativeArrangementsAndNoncollaborativeArrangementTransactionsLineItems_D801626E7A58FA337C9D428138C82A06" xlink:to="lab_us-gaap_CollaborativeArrangementsAndNoncollaborativeArrangementTransactionsLineItems_D801626E7A58FA337C9D428138C82A06" xlink:type="arc" />
    <link:label id="lab_us-gaap_NumberOfOperatingSegments_90FE2994FA2DEADE5487427CF96ABD8B_terseLabel_en-US" xlink:label="lab_us-gaap_NumberOfOperatingSegments_90FE2994FA2DEADE5487427CF96ABD8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of primary businesses</link:label>
    <link:label id="lab_us-gaap_NumberOfOperatingSegments_90FE2994FA2DEADE5487427CF96ABD8B_label_en-US" xlink:label="lab_us-gaap_NumberOfOperatingSegments_90FE2994FA2DEADE5487427CF96ABD8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Operating Segments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="loc_us-gaap_NumberOfOperatingSegments_90FE2994FA2DEADE5487427CF96ABD8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NumberOfOperatingSegments_90FE2994FA2DEADE5487427CF96ABD8B" xlink:to="lab_us-gaap_NumberOfOperatingSegments_90FE2994FA2DEADE5487427CF96ABD8B" xlink:type="arc" />
    <link:label id="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest_B756CE2661BF634018C3428188B210A1_terseLabel_en-US" xlink:label="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest_B756CE2661BF634018C3428188B210A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Limited Liability Company (LLC) or Limited Partnership (LP), Members or Limited Partners, Ownership Interest</link:label>
    <link:label id="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest_B756CE2661BF634018C3428188B210A1_label_en-US" xlink:label="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest_B756CE2661BF634018C3428188B210A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Limited Liability Company (LLC) or Limited Partnership (LP), Members or Limited Partners, Ownership Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest" xlink:label="loc_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest_B756CE2661BF634018C3428188B210A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest_B756CE2661BF634018C3428188B210A1" xlink:to="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest_B756CE2661BF634018C3428188B210A1" xlink:type="arc" />
    <link:label id="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_3CDE7D3D359AD327173F428188CB523C_terseLabel_en-US" xlink:label="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_3CDE7D3D359AD327173F428188CB523C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest</link:label>
    <link:label id="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_3CDE7D3D359AD327173F428188CB523C_label_en-US" xlink:label="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_3CDE7D3D359AD327173F428188CB523C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest" xlink:label="loc_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_3CDE7D3D359AD327173F428188CB523C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_3CDE7D3D359AD327173F428188CB523C" xlink:to="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_3CDE7D3D359AD327173F428188CB523C" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_705795211FA006E5466C428188E224E6_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_705795211FA006E5466C428188E224E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, New Issues</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_705795211FA006E5466C428188E224E6_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_705795211FA006E5466C428188E224E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, New Issues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_705795211FA006E5466C428188E224E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_705795211FA006E5466C428188E224E6" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_705795211FA006E5466C428188E224E6" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharesIssuedPricePerShare_5559D948EA4B0851326E428188F94065_terseLabel_en-US" xlink:label="lab_us-gaap_SharesIssuedPricePerShare_5559D948EA4B0851326E428188F94065" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares Issued, Price Per Share</link:label>
    <link:label id="lab_us-gaap_SharesIssuedPricePerShare_5559D948EA4B0851326E428188F94065_label_en-US" xlink:label="lab_us-gaap_SharesIssuedPricePerShare_5559D948EA4B0851326E428188F94065" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shares Issued, Price Per Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SharesIssuedPricePerShare" xlink:label="loc_us-gaap_SharesIssuedPricePerShare_5559D948EA4B0851326E428188F94065" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharesIssuedPricePerShare_5559D948EA4B0851326E428188F94065" xlink:to="lab_us-gaap_SharesIssuedPricePerShare_5559D948EA4B0851326E428188F94065" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfPropertySubjectToOrAvailableForOperatingLeaseTextBlock_DE2ACF51C8FE419F03B8F6F8E1AEAB06_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfPropertySubjectToOrAvailableForOperatingLeaseTextBlock_E580CF30B4E85B3188708917C0641C42" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Leasing Equipment</link:label>
    <link:label id="lab_us-gaap_ScheduleOfPropertySubjectToOrAvailableForOperatingLeaseTextBlock_DE2ACF51C8FE419F03B8F6F8E1AEAB06_label_en-US" xlink:label="lab_us-gaap_ScheduleOfPropertySubjectToOrAvailableForOperatingLeaseTextBlock_E580CF30B4E85B3188708917C0641C42" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Property Subject to or Available for Operating Lease [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfPropertySubjectToOrAvailableForOperatingLeaseTextBlock" xlink:label="loc_us-gaap_ScheduleOfPropertySubjectToOrAvailableForOperatingLeaseTextBlock_E580CF30B4E85B3188708917C0641C42" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfPropertySubjectToOrAvailableForOperatingLeaseTextBlock_E580CF30B4E85B3188708917C0641C42" xlink:to="lab_us-gaap_ScheduleOfPropertySubjectToOrAvailableForOperatingLeaseTextBlock_E580CF30B4E85B3188708917C0641C42" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract_D800F5691EEEB3C430C75C480B36AF51_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract_D800F5691EEEB3C430C75C480B36AF51" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract_D800F5691EEEB3C430C75C480B36AF51_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract_D800F5691EEEB3C430C75C480B36AF51" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract_D800F5691EEEB3C430C75C480B36AF51" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract_D800F5691EEEB3C430C75C480B36AF51" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract_D800F5691EEEB3C430C75C480B36AF51" xlink:type="arc" />
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsRemainderofFiscalYear_D04EB1399AD68C0FFAF65C480B36AAA9_terseLabel_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsRemainderofFiscalYear_D04EB1399AD68C0FFAF65C480B36AAA9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2017</link:label>
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsRemainderofFiscalYear_D04EB1399AD68C0FFAF65C480B36AAA9_label_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsRemainderofFiscalYear_D04EB1399AD68C0FFAF65C480B36AAA9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital and Operating Leases, Future Minimum Payments, Remainder of Fiscal Year</link:label>
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsRemainderofFiscalYear_D04EB1399AD68C0FFAF65C480B36AAA9_documentation_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsRemainderofFiscalYear_D04EB1399AD68C0FFAF65C480B36AAA9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital and Operating Leases, Future Minimum Payments, Remainder of Fiscal Year</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CapitalandOperatingLeasesFutureMinimumPaymentsRemainderofFiscalYear" xlink:label="loc_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsRemainderofFiscalYear_D04EB1399AD68C0FFAF65C480B36AAA9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsRemainderofFiscalYear_D04EB1399AD68C0FFAF65C480B36AAA9" xlink:to="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsRemainderofFiscalYear_D04EB1399AD68C0FFAF65C480B36AAA9" xlink:type="arc" />
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinTwoYears_72AE8F8CD2EC3072B0DA5C480B36C92E_terseLabel_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinTwoYears_72AE8F8CD2EC3072B0DA5C480B36C92E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2018</link:label>
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinTwoYears_72AE8F8CD2EC3072B0DA5C480B36C92E_label_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinTwoYears_72AE8F8CD2EC3072B0DA5C480B36C92E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital and Operating Leases, Future Minimum Payments, Due in Two Years</link:label>
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinTwoYears_72AE8F8CD2EC3072B0DA5C480B36C92E_documentation_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinTwoYears_72AE8F8CD2EC3072B0DA5C480B36C92E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital and Operating Leases, Future Minimum Payments, Due in Two Years</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinTwoYears" xlink:label="loc_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinTwoYears_72AE8F8CD2EC3072B0DA5C480B36C92E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinTwoYears_72AE8F8CD2EC3072B0DA5C480B36C92E" xlink:to="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinTwoYears_72AE8F8CD2EC3072B0DA5C480B36C92E" xlink:type="arc" />
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinThreeYears_FF897A8F2C6081BC47345C480B36FB13_terseLabel_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinThreeYears_FF897A8F2C6081BC47345C480B36FB13" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2019</link:label>
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinThreeYears_FF897A8F2C6081BC47345C480B36FB13_label_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinThreeYears_FF897A8F2C6081BC47345C480B36FB13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital and Operating Leases, Future Minimum Payments, Due in Three Years</link:label>
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinThreeYears_FF897A8F2C6081BC47345C480B36FB13_documentation_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinThreeYears_FF897A8F2C6081BC47345C480B36FB13" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital and Operating Leases, Future Minimum Payments, Due in Three Years</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinThreeYears" xlink:label="loc_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinThreeYears_FF897A8F2C6081BC47345C480B36FB13" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinThreeYears_FF897A8F2C6081BC47345C480B36FB13" xlink:to="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinThreeYears_FF897A8F2C6081BC47345C480B36FB13" xlink:type="arc" />
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFourYears_33E1942E02209B7B12045C480B36FF7C_terseLabel_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFourYears_33E1942E02209B7B12045C480B36FF7C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFourYears_33E1942E02209B7B12045C480B36FF7C_label_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFourYears_33E1942E02209B7B12045C480B36FF7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital and Operating Leases, Future Minimum Payments, Due in Four Years</link:label>
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFourYears_33E1942E02209B7B12045C480B36FF7C_documentation_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFourYears_33E1942E02209B7B12045C480B36FF7C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital and Operating Leases, Future Minimum Payments, Due in Four Years</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFourYears" xlink:label="loc_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFourYears_33E1942E02209B7B12045C480B36FF7C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFourYears_33E1942E02209B7B12045C480B36FF7C" xlink:to="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFourYears_33E1942E02209B7B12045C480B36FF7C" xlink:type="arc" />
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFiveYears_ED30CB128A3F327279145C480B3689F2_terseLabel_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFiveYears_ED30CB128A3F327279145C480B3689F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2021</link:label>
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFiveYears_ED30CB128A3F327279145C480B3689F2_label_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFiveYears_ED30CB128A3F327279145C480B3689F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital and Operating Leases, Future Minimum Payments, Due in Five Years</link:label>
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFiveYears_ED30CB128A3F327279145C480B3689F2_documentation_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFiveYears_ED30CB128A3F327279145C480B3689F2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital and Operating Leases, Future Minimum Payments, Due in Five Years</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFiveYears" xlink:label="loc_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFiveYears_ED30CB128A3F327279145C480B3689F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFiveYears_ED30CB128A3F327279145C480B3689F2" xlink:to="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueinFiveYears_ED30CB128A3F327279145C480B3689F2" xlink:type="arc" />
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueThereafter_210187570D14918542375C480B36C092_terseLabel_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueThereafter_210187570D14918542375C480B36C092" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Thereafter</link:label>
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueThereafter_210187570D14918542375C480B36C092_label_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueThereafter_210187570D14918542375C480B36C092" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital and Operating Leases, Future Minimum Payments, Due Thereafter</link:label>
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueThereafter_210187570D14918542375C480B36C092_documentation_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueThereafter_210187570D14918542375C480B36C092" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital and Operating Leases, Future Minimum Payments, Due Thereafter</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="loc_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueThereafter_210187570D14918542375C480B36C092" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueThereafter_210187570D14918542375C480B36C092" xlink:to="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDueThereafter_210187570D14918542375C480B36C092" xlink:type="arc" />
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDue_B74F041A733C0990451C5C480B38C9A0_totalLabel_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDue_B74F041A733C0990451C5C480B38C9A0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDue_B74F041A733C0990451C5C480B38C9A0_label_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDue_B74F041A733C0990451C5C480B38C9A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital and Operating Leases, Future Minimum Payments Due</link:label>
    <link:label id="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDue_B74F041A733C0990451C5C480B38C9A0_documentation_en-US" xlink:label="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDue_B74F041A733C0990451C5C480B38C9A0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital and Operating Leases, Future Minimum Payments Due</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDue" xlink:label="loc_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDue_B74F041A733C0990451C5C480B38C9A0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDue_B74F041A733C0990451C5C480B38C9A0" xlink:to="lab_ftai_CapitalandOperatingLeasesFutureMinimumPaymentsDue_B74F041A733C0990451C5C480B38C9A0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_84A0B964646675BFC11B677E6D6154B6_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_84A0B964646675BFC11B677E6D6154B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Variable Interest Entities [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_84A0B964646675BFC11B677E6D6154B6_label_en-US" xlink:label="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_84A0B964646675BFC11B677E6D6154B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Variable Interest Entities [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="loc_us-gaap_ScheduleOfVariableInterestEntitiesTable_84A0B964646675BFC11B677E6D6154B6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfVariableInterestEntitiesTable_84A0B964646675BFC11B677E6D6154B6" xlink:to="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_84A0B964646675BFC11B677E6D6154B6" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityLineItems_5D8DD972A7AB60D5F3B8677E6D61CDA2_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityLineItems_5D8DD972A7AB60D5F3B8677E6D61CDA2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Interest Entity [Line Items]</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityLineItems_5D8DD972A7AB60D5F3B8677E6D61CDA2_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityLineItems_5D8DD972A7AB60D5F3B8677E6D61CDA2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="loc_us-gaap_VariableInterestEntityLineItems_5D8DD972A7AB60D5F3B8677E6D61CDA2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityLineItems_5D8DD972A7AB60D5F3B8677E6D61CDA2" xlink:to="lab_us-gaap_VariableInterestEntityLineItems_5D8DD972A7AB60D5F3B8677E6D61CDA2" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingencyRangeOfPossibleLossMinimum_C2079DED796C1DBD9D17677E6D614957_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyRangeOfPossibleLossMinimum_C2079DED796C1DBD9D17677E6D614957" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss Contingency, Range of Possible Loss, Minimum</link:label>
    <link:label id="lab_us-gaap_LossContingencyRangeOfPossibleLossMinimum_C2079DED796C1DBD9D17677E6D614957_label_en-US" xlink:label="lab_us-gaap_LossContingencyRangeOfPossibleLossMinimum_C2079DED796C1DBD9D17677E6D614957" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Range of Possible Loss, Minimum</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LossContingencyRangeOfPossibleLossMinimum" xlink:label="loc_us-gaap_LossContingencyRangeOfPossibleLossMinimum_C2079DED796C1DBD9D17677E6D614957" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyRangeOfPossibleLossMinimum_C2079DED796C1DBD9D17677E6D614957" xlink:to="lab_us-gaap_LossContingencyRangeOfPossibleLossMinimum_C2079DED796C1DBD9D17677E6D614957" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingencyRangeOfPossibleLossMaximum_423CEB5685E7BCD8F0A0677E6D6112E3_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyRangeOfPossibleLossMaximum_423CEB5685E7BCD8F0A0677E6D6112E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss Contingency, Range of Possible Loss, Maximum</link:label>
    <link:label id="lab_us-gaap_LossContingencyRangeOfPossibleLossMaximum_423CEB5685E7BCD8F0A0677E6D6112E3_label_en-US" xlink:label="lab_us-gaap_LossContingencyRangeOfPossibleLossMaximum_423CEB5685E7BCD8F0A0677E6D6112E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Range of Possible Loss, Maximum</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LossContingencyRangeOfPossibleLossMaximum" xlink:label="loc_us-gaap_LossContingencyRangeOfPossibleLossMaximum_423CEB5685E7BCD8F0A0677E6D6112E3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyRangeOfPossibleLossMaximum_423CEB5685E7BCD8F0A0677E6D6112E3" xlink:to="lab_us-gaap_LossContingencyRangeOfPossibleLossMaximum_423CEB5685E7BCD8F0A0677E6D6112E3" xlink:type="arc" />
    <link:label id="lab_ftai_PotentialMilestonePayment_367ADDA640B5032FE484677E6D612B4F_terseLabel_en-US" xlink:label="lab_ftai_PotentialMilestonePayment_367ADDA640B5032FE484677E6D612B4F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Potential Milestone Payment</link:label>
    <link:label id="lab_ftai_PotentialMilestonePayment_367ADDA640B5032FE484677E6D612B4F_label_en-US" xlink:label="lab_ftai_PotentialMilestonePayment_367ADDA640B5032FE484677E6D612B4F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Potential Milestone Payment</link:label>
    <link:label id="lab_ftai_PotentialMilestonePayment_367ADDA640B5032FE484677E6D612B4F_documentation_en-US" xlink:label="lab_ftai_PotentialMilestonePayment_367ADDA640B5032FE484677E6D612B4F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Potential Milestone Payment</link:label>
    <link:loc xlink:href="ftai-20161231.xsd#ftai_PotentialMilestonePayment" xlink:label="loc_ftai_PotentialMilestonePayment_367ADDA640B5032FE484677E6D612B4F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ftai_PotentialMilestonePayment_367ADDA640B5032FE484677E6D612B4F" xlink:to="lab_ftai_PotentialMilestonePayment_367ADDA640B5032FE484677E6D612B4F" xlink:type="arc" />
    <link:label id="lab_us-gaap_LeaseAndRentalExpense_B9CE0F6E03629B159819677E6D61B8ED_terseLabel_en-US" xlink:label="lab_us-gaap_LeaseAndRentalExpense_B9CE0F6E03629B159819677E6D61B8ED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Leases, Rent Expense</link:label>
    <link:label id="lab_us-gaap_LeaseAndRentalExpense_B9CE0F6E03629B159819677E6D61B8ED_label_en-US" xlink:label="lab_us-gaap_LeaseAndRentalExpense_B9CE0F6E03629B159819677E6D61B8ED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Rent Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LeaseAndRentalExpense" xlink:label="loc_us-gaap_LeaseAndRentalExpense_B9CE0F6E03629B159819677E6D61B8ED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LeaseAndRentalExpense_B9CE0F6E03629B159819677E6D61B8ED" xlink:to="lab_us-gaap_LeaseAndRentalExpense_B9CE0F6E03629B159819677E6D61B8ED" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventTable_E14E3C0922FF4B444C5F5C48878CF1F7_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTable_E14E3C0922FF4B444C5F5C48878CF1F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event [Table]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTable_E14E3C0922FF4B444C5F5C48878CF1F7_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTable_E14E3C0922FF4B444C5F5C48878CF1F7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsequentEventTable" xlink:label="loc_us-gaap_SubsequentEventTable_E14E3C0922FF4B444C5F5C48878CF1F7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTable_E14E3C0922FF4B444C5F5C48878CF1F7" xlink:to="lab_us-gaap_SubsequentEventTable_E14E3C0922FF4B444C5F5C48878CF1F7" xlink:type="arc" />
    <link:label id="lab_us-gaap_EurodollarMember_F1615F001BB1C887026B5CB01D474495_terseLabel_en-US" xlink:label="lab_us-gaap_EurodollarMember_F1615F001BB1C887026B5CB01D474495" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Eurodollar [Member]</link:label>
    <link:label id="lab_us-gaap_EurodollarMember_F1615F001BB1C887026B5CB01D474495_label_en-US" xlink:label="lab_us-gaap_EurodollarMember_F1615F001BB1C887026B5CB01D474495" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Eurodollar [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EurodollarMember" xlink:label="loc_us-gaap_EurodollarMember_F1615F001BB1C887026B5CB01D474495" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EurodollarMember_F1615F001BB1C887026B5CB01D474495" xlink:to="lab_us-gaap_EurodollarMember_F1615F001BB1C887026B5CB01D474495" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventTypeAxis_8124E76FD5467B781BCA5C48878C9943_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeAxis_8124E76FD5467B781BCA5C48878C9943" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Axis]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTypeAxis_8124E76FD5467B781BCA5C48878C9943_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeAxis_8124E76FD5467B781BCA5C48878C9943" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="loc_us-gaap_SubsequentEventTypeAxis_8124E76FD5467B781BCA5C48878C9943" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTypeAxis_8124E76FD5467B781BCA5C48878C9943" xlink:to="lab_us-gaap_SubsequentEventTypeAxis_8124E76FD5467B781BCA5C48878C9943" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventTypeDomain_25B9624D569F4FBA34A45C48878C599E_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeDomain_25B9624D569F4FBA34A45C48878C599E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Domain]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTypeDomain_25B9624D569F4FBA34A45C48878C599E_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeDomain_25B9624D569F4FBA34A45C48878C599E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="loc_us-gaap_SubsequentEventTypeDomain_25B9624D569F4FBA34A45C48878C599E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTypeDomain_25B9624D569F4FBA34A45C48878C599E" xlink:to="lab_us-gaap_SubsequentEventTypeDomain_25B9624D569F4FBA34A45C48878C599E" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventMember_AAAC2440823DD0FF40B55C48878CE0EF_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventMember_AAAC2440823DD0FF40B55C48878CE0EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event</link:label>
    <link:label id="lab_us-gaap_SubsequentEventMember_AAAC2440823DD0FF40B55C48878CE0EF_label_en-US" xlink:label="lab_us-gaap_SubsequentEventMember_AAAC2440823DD0FF40B55C48878CE0EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="loc_us-gaap_SubsequentEventMember_AAAC2440823DD0FF40B55C48878CE0EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventMember_AAAC2440823DD0FF40B55C48878CE0EF" xlink:to="lab_us-gaap_SubsequentEventMember_AAAC2440823DD0FF40B55C48878CE0EF" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementClassOfStockAxis_6C78969F6E83456385CB5C48878CA0D0_terseLabel_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_6C78969F6E83456385CB5C48878CA0D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementClassOfStockAxis_6C78969F6E83456385CB5C48878CA0D0_label_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_6C78969F6E83456385CB5C48878CA0D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaap_StatementClassOfStockAxis_6C78969F6E83456385CB5C48878CA0D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementClassOfStockAxis_6C78969F6E83456385CB5C48878CA0D0" xlink:to="lab_us-gaap_StatementClassOfStockAxis_6C78969F6E83456385CB5C48878CA0D0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ClassOfStockDomain_1A7FBB6067CDED146D915C48878CC297_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_1A7FBB6067CDED146D915C48878CC297" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:label id="lab_us-gaap_ClassOfStockDomain_1A7FBB6067CDED146D915C48878CC297_label_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_1A7FBB6067CDED146D915C48878CC297" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaap_ClassOfStockDomain_1A7FBB6067CDED146D915C48878CC297" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassOfStockDomain_1A7FBB6067CDED146D915C48878CC297" xlink:to="lab_us-gaap_ClassOfStockDomain_1A7FBB6067CDED146D915C48878CC297" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventLineItems_B4B3A7ADCC125ED712455C48878CAE16_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventLineItems_B4B3A7ADCC125ED712455C48878CAE16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event [Line Items]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventLineItems_B4B3A7ADCC125ED712455C48878CAE16_label_en-US" xlink:label="lab_us-gaap_SubsequentEventLineItems_B4B3A7ADCC125ED712455C48878CAE16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsequentEventLineItems" xlink:label="loc_us-gaap_SubsequentEventLineItems_B4B3A7ADCC125ED712455C48878CAE16" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventLineItems_B4B3A7ADCC125ED712455C48878CAE16" xlink:to="lab_us-gaap_SubsequentEventLineItems_B4B3A7ADCC125ED712455C48878CAE16" xlink:type="arc" />
    <link:label id="lab_us-gaap_AmortizationOfDebtDiscountPremium_A6B63E92E5DB51C621765CB0C430DF2F_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfDebtDiscountPremium_A6B63E92E5DB51C621765CB0C430DF2F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Quarterly amortization payments</link:label>
    <link:label id="lab_us-gaap_AmortizationOfDebtDiscountPremium_A6B63E92E5DB51C621765CB0C430DF2F_label_en-US" xlink:label="lab_us-gaap_AmortizationOfDebtDiscountPremium_A6B63E92E5DB51C621765CB0C430DF2F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Debt Discount (Premium)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AmortizationOfDebtDiscountPremium" xlink:label="loc_us-gaap_AmortizationOfDebtDiscountPremium_A6B63E92E5DB51C621765CB0C430DF2F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfDebtDiscountPremium_A6B63E92E5DB51C621765CB0C430DF2F" xlink:to="lab_us-gaap_AmortizationOfDebtDiscountPremium_A6B63E92E5DB51C621765CB0C430DF2F" xlink:type="arc" />
  </link:labelLink>
</link:linkbase>
