What Happened
Private Aviation Infrastructure Platform Gets New Backing
Apollo and KKR have formed a strategic partnership to support the growth of Atlantic Aviation, a leading private aviation infrastructure platform in the US. The deal values Atlantic Aviation at nearly $10 billion, with Apollo acquiring a significant stake and KKR remaining a substantial shareholder. Atlantic Aviation operates a large fixed-base operator network, providing essential services to corporate and general aviation customers. The partnership aims to drive targeted investments and expansion into new markets, as reported by Unknown Source.