Apollo and KKR Announce Strategic Partnership for Atlantic Aviation
NEW YORK, Aug. 27, 2026 (GLOBE NEWSWIRE) – Apollo (NYSE: APO) and KKR (NYSE: KKR) have formed a strategic partnership to enhance the growth of Atlantic Aviation, one of the leading private aviation infrastructure platforms in the U.S. Apollo-managed funds have acquired a significant interest in the company, valuing Atlantic Aviation at nearly $10 billion, while KKR remains a substantial shareholder.
Atlantic Aviation is a major provider of fixed-base operator (FBO) services with numerous locations across the U.S., catering to corporate and general aviation customers. The company offers essential services such as aircraft fueling and hangar leasing, supported by long-term airport concession agreements.
Statements from Leadership:
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David Cohen, Apollo Partner: “Atlantic has built an irreplicable infrastructure footprint at busy airports, underpinned by long-term agreements. The private aviation market has persistent growth potential, and Atlantic is positioned to capitalize on it.”
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Dash Lane, KKR Partner: “Atlantic Aviation represents the kind of essential infrastructure platform we aim to build in our portfolio. We believe in the company’s continued growth and are pleased to welcome Apollo Funds as new investors.”
Since KKR’s acquisition in 2021, Atlantic has expanded its footprint through strategic acquisitions and organic growth, also focusing on employee health and safety.
Jeff Foland, CEO of Atlantic Aviation, expressed pride in the company’s accomplishments and excitement for its future with the backing of two respected investment firms.
Apollo has engaged in over $155 billion of infrastructure transactions and KKR manages over $120 billion in infrastructure assets globally.
For more information about Apollo, visit www.apollo.com.
For KKR, visit www.kkr.com.
Media Contacts:
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Apollo:
- Noah Gunn: (212) 822-0540 | IR@apollo.com
- Joanna Rose: (212) 822-0491 | Communications@apollo.com
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KKR:
- Liidia Liuksila: (212) 750-8300 | media@kkr.com
Release Date: August 27, 2026
