Atlantic Aviation Valued Close to $10B With Private Equity Injection

Apollo Global Management funds acquire ‘significant interest’ in FBO under new strategic partnership.

Jack Daleo

Thursday, August 27, 2026 at 03:30 PM ET

Verified

Edited By:

Travis Tingle

Private investors continue to bet on aviation infrastructure providers such as Atlantic Aviation, which has more than 100 North American FBO locations. [Credit: Atlantic Aviation]

Key Takeaways:

Apollo Global Management funds have acquired a "significant interest" in Atlantic Aviation, valuing the fixed-base operator (FBO) network at nearly $10 billion, with current investor KKR remaining a substantial shareholder.
Atlantic Aviation operates one of North America's largest FBO networks, offering comprehensive services for private aircraft, and is actively developing electrified vertiports to accommodate future electric vertical takeoff and landing (eVTOL) aircraft.
This investment underscores a broader trend of private equity firms actively acquiring FBOs and aviation infrastructure, driven by perceived stability, increasing demand in private and business aviation, and the anticipated growth from new aircraft technologies like eVTOLs.

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Apollo Global Management said Thursday that its managed funds have taken a “significant interest” in Atlantic Aviation, which operates one of the world’s largest FBO networks. Apollo said the deal values Atlantic at nearly $10 billion.

Atlantic offers fueling, maintenance, deicing, hangar leasing, and concierge services for private aircraft out of more than 100 North American locations. The company also seeks to accommodate future aircraft, including electric vertical takeoff and landing (eVTOL) air taxis, by building a network of electrified vertiports under its Vertiports by Atlantic (VbA) unit.