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  <xs:element id="ftai_NoncashTransferofNoncontrollingInterest" abstract="false" name="NoncashTransferofNoncontrollingInterest" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DisposalGroupIncludingDiscontinuedOperationAcquisitionAndTransactionExpenses" abstract="false" name="DisposalGroupIncludingDiscontinuedOperationAcquisitionAndTransactionExpenses" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DisposalGroupIncludingDiscontinuedOperationIncomeLossFromEquityMethodInvestments" abstract="false" name="DisposalGroupIncludingDiscontinuedOperationIncomeLossFromEquityMethodInvestments" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_MajorAccountsReceivableCustomerCustomerOneMember" abstract="true" name="MajorAccountsReceivableCustomerCustomerOneMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_NoncashorPartNoncashAcquisitionLeasingEquipmentAcquired" abstract="false" name="NoncashorPartNoncashAcquisitionLeasingEquipmentAcquired" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_OperatingActivitiesDiscontinuedOperationsNoncashShareBasedCompensation" abstract="false" name="OperatingActivitiesDiscontinuedOperationsNoncashShareBasedCompensation" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_IncreaseinMaintenanceDeposits" abstract="false" name="IncreaseinMaintenanceDeposits" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DisposalGroupIncludingDiscontinuedOperationOtherIncomeGainLossOnDispositionOfAssets" abstract="false" name="DisposalGroupIncludingDiscontinuedOperationOtherIncomeGainLossOnDispositionOfAssets" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DisposalGroupIncludingDiscontinuedOperationsLeasingEquipment" abstract="false" name="DisposalGroupIncludingDiscontinuedOperationsLeasingEquipment" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_OperatingActivitiesDiscontinuedOperationsFinancingActivitiesAbstract" abstract="true" name="OperatingActivitiesDiscontinuedOperationsFinancingActivitiesAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ftai_InvestmentInConvertiblePromissoryNotes" abstract="false" name="InvestmentInConvertiblePromissoryNotes" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_IncomeIncentiveAllocationThresholdDomain" abstract="true" name="IncomeIncentiveAllocationThresholdDomain" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_JeffersonTerminalMember" abstract="true" name="JeffersonTerminalMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_NoncashChangeInEquityMethodInvestment" abstract="false" name="NoncashChangeInEquityMethodInvestment" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DeferredFederalIncomeTaxExpenseBenefitCaymanIsland" abstract="false" name="DeferredFederalIncomeTaxExpenseBenefitCaymanIsland" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_LongRidgeTerminalLLCMember" abstract="true" name="LongRidgeTerminalLLCMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_EquipmentDisposedAbstract" abstract="true" name="EquipmentDisposedAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ftai_LeasingEquipmentMember" abstract="true" name="LeasingEquipmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseandBelowMarketLeasesFutureAmortizationIncomeNetTableTextBlock" abstract="false" name="ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseandBelowMarketLeasesFutureAmortizationIncomeNetTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_AccountsReceivableCreditLossExpenseReversalIncludingDiscontinuedOperations" abstract="false" name="AccountsReceivableCreditLossExpenseReversalIncludingDiscontinuedOperations" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_AccountingPoliciesLineItems" abstract="true" name="AccountingPoliciesLineItems" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ftai_OffshoreEnergyVesselsMember" abstract="true" name="OffshoreEnergyVesselsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_MaintenanceDepositLiability" abstract="false" name="MaintenanceDepositLiability" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_StockIssuedDuringPeriodValueNewIssuesPreferredShares" abstract="false" name="StockIssuedDuringPeriodValueNewIssuesPreferredShares" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_ProceedsFromSaleOfPropertyPlantAndEquipmentDiscontinuedOperations" abstract="false" name="ProceedsFromSaleOfPropertyPlantAndEquipmentDiscontinuedOperations" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DeferredTaxAssetInvestmentInPartnerships" abstract="false" name="DeferredTaxAssetInvestmentInPartnerships" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_NoncashorPartNoncashAcquisitionSecurityDepositsSettledandAssumed" abstract="false" name="NoncashorPartNoncashAcquisitionSecurityDepositsSettledandAssumed" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_IncentiveIncomeAllocated" abstract="false" name="IncentiveIncomeAllocated" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_ProceedsFromDividendsOnDivestitureOfBusiness" abstract="false" name="ProceedsFromDividendsOnDivestitureOfBusiness" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_CurrentForeignTaxExpenseBenefitCaymanIslands" abstract="false" name="CurrentForeignTaxExpenseBenefitCaymanIslands" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DisposalGroupIncludingDiscontinuedOperationOtherIncomeExpense" abstract="false" name="DisposalGroupIncludingDiscontinuedOperationOtherIncomeExpense" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_MaintenancePaymentsPolicyTextBlock" abstract="false" name="MaintenancePaymentsPolicyTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_PaymentsProceedsFromAcquisitionOfIntangibleAssets" abstract="false" name="PaymentsProceedsFromAcquisitionOfIntangibleAssets" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_DepreciationDepletionAndAmortizationIncludingDiscontinuedOperations" abstract="false" name="DepreciationDepletionAndAmortizationIncludingDiscontinuedOperations" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_OtherPayablesMember" abstract="true" name="OtherPayablesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_PaymentsForAdvanceToAffiliateDiscontinuedOperations" abstract="false" name="PaymentsForAdvanceToAffiliateDiscontinuedOperations" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_LeaseIncentivesAndAmortizationPolicyTextBlock" abstract="false" name="LeaseIncentivesAndAmortizationPolicyTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_LessorAcquisitionAndDispositionOfLeasingEquipmentTableTextBlock" abstract="false" name="LessorAcquisitionAndDispositionOfLeasingEquipmentTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_AviationLeasingMember" abstract="true" name="AviationLeasingMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_NoncashorPartNoncashAcquisitionMaintenanceDepositsBilledandAssumed" abstract="false" name="NoncashorPartNoncashAcquisitionMaintenanceDepositsBilledandAssumed" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_ScheduleOfRelatedPartyTransactions3TableTextBlock" abstract="false" name="ScheduleOfRelatedPartyTransactions3TableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="ftai_DrydockingsMember" abstract="true" name="DrydockingsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_AccountingPoliciesTable" abstract="true" name="AccountingPoliciesTable" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrldt:hypercubeItem" type="xbrli:stringItemType"/>
  <xs:element id="ftai_PaymentsToAcquirePropertyPlantAndEquipmentDiscontinuedOperations" abstract="false" name="PaymentsToAcquirePropertyPlantAndEquipmentDiscontinuedOperations" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_BridgeLoanAgreementMember" abstract="true" name="BridgeLoanAgreementMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="ftai_AmortizationofLeaseIntangiblesandIncentives" abstract="false" name="AmortizationofLeaseIntangiblesandIncentives" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_CumulativePreferredReturnPercentage" abstract="false" name="CumulativePreferredReturnPercentage" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_EarningsPerShareLineItems" abstract="true" name="EarningsPerShareLineItems" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="ftai_BusinessAcquisitionProRataDistributionOfIncomeRate" abstract="false" name="BusinessAcquisitionProRataDistributionOfIncomeRate" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="ftai_PaymentforSettlementofEquityBasedCompensation" abstract="false" name="PaymentforSettlementofEquityBasedCompensation" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="ftai_IncreaseinSecurityDeposits" abstract="false" name="IncreaseinSecurityDeposits" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
</xs:schema>
