Private Equity Firm Expands Aviation Services Infrastructure Portfolio

Bain Capital has entered the US fixed-base operator market with the acquisition of APP Jet Center from Ridgewood Infrastructure. Mark Johnstone will lead the business, which operates at five airports across the United States. The company provides aircraft fueling, hangar facilities, and aviation office space, with an emphasis on long-term airport partnerships and operations at capacity-constrained airports. According to AeroTime, Bain Capital plans to use APP Jet Center as a foundation for a broader FBO platform, driven by sustained business aviation activity and aging aircraft fleets that require modern hangar infrastructure.