In addition, the company has acquired three former TAC Air FBOs at Omaha, Nebraska/KOMA; Raleigh-Durham, North Carolina/KRDU and Hartford, Connecticut/KBDL. The combined companies and new locations will operate under the Atlantic Aviation brand name.
The combination of Atlantic, Ross Aviation and three former TAC Air facilities brings more than 500 additional team members to the Atlantic Aviation family. Brian Corbett, previously CEO of Ross Aviation, has been appointed Chief Commercial & Sustainability Officer for Atlantic Aviation.
The business combination and recent acquisitions leverage the hospitality expertise of KSL Capital Partners (KSL), Ross Aviation’s principal owner for the past six years and now a significant minority owner of Atlantic Aviation, with KKR’s deep experience creating value in strategic infrastructure investments. KKR acquired Atlantic Aviation in 2021 and is the majority shareholder in the combined company.
“This combination brings together two highly regarded and complementary franchises to create an even stronger leadership presence in business aviation services,” said Dash Lane, Partner at KKR. “We are excited to join with the KSL team to support the new Atlantic Aviation as it pursues its strategy for delivering superb customer experiences and driving long term sustainable growth.”