What Happened
Private Equity Firm Invests in FBO Network
Apollo Global Management has announced that its managed funds have taken a significant interest in Atlantic Aviation, a major player in the global FBO network. The deal values Atlantic at nearly $10 billion, marking a substantial investment in the private aviation sector. Atlantic Aviation operates one of the world’s largest FBO networks, providing a range of services to private aircraft owners and operators. This development was reported by Flying Magazine.