Bloomberg
• David Carnevali, Ryan Gould
Apollo Global Management is acquiring a co-controlling interest in Atlantic Aviation from KKR, valuing one of the world’s largest fixed-base operators at nearly $10 billion. KKR will remain a substantial shareholder as Atlantic advances a new Nashville facility with expanded hangar, ramp and fueling capacity.
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Apollo Global Management is acquiring a co-controlling interest in Atlantic Aviation from KKR, valuing one of the world’s largest fixed-base operators at nearly $10 billion. KKR will remain a substantial shareholder as Atlantic advances a new Nashville facility with expanded hangar, ramp and fueling capacity.
Vista Global Holding is weighing a European initial public offering that could raise more than $1 billion, according to people familiar with the matter. The potential listing would mark a significant capital-market event for the private aviation group and could provide funding for its next phase of growth.
The NTSB said investigators could not conclusively identify the ignition source of an in-flight fire that led to a Citation X’s loss of control during landing. The finding leaves the fire’s cause unresolved while highlighting the safety implications of onboard fires in business aviation.
Embraer’s Phenom 300EV has received certification from aviation authorities in Brazil, the U.S. and Europe, clearing the light business jet for global operations. The aircraft is the first light jet certified with Garmin Emergency Autoland, while Embraer positions it as the fastest and longest-range aircraft in its class.
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The Phenom 300EV has received simultaneous certification from Brazil’s ANAC, the FAA and EASA, clearing Embraer’s latest light business jet for operation in three major markets. The aircraft is the first light jet certified with Garmin Emergency Autoland, though customer deliveries are not expected to begin until 2028.
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Brian Rohloff will succeed Ron Draper as Textron Aviation president and CEO on Aug. 31, 2026. Draper, who has led the Cessna and Beechcraft maker for eight years and spent more than 27 years at Textron, will remain through year-end to support the transition as Textron pursues a pure-play aerospace and defense structure.
The FAA is setting phased deadlines for cockpit voice recorder upgrades on new business aircraft: larger models must comply by 2027, while smaller turbine-powered aircraft have until 2029. The requirements will shape avionics specifications, certification schedules and procurement decisions for business aviation manufacturers and operators.
flyExclusive reported record second-quarter revenue of $111.1 million, up 22%, alongside its third consecutive quarter of positive Adjusted EBITDA. The results point to continued operating momentum for the business aviation company as it expands revenue while sustaining positive earnings performance.
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