Bloomberg
• Ryan Gould
KKR transformed a decentralized network of private-jet terminals into a national infrastructure platform, more than doubling its value to $10 billion. The deal highlights the growing financialization of business-aviation infrastructure and the strategic value investors see in controlling private-jet fueling and service facilities.
M&A
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KKR transformed a decentralized network of private-jet terminals into a national infrastructure platform, more than doubling its value to $10 billion. The deal highlights the growing financialization of business-aviation infrastructure and the strategic value investors see in controlling private-jet fueling and service facilities.
High activity
Highlands and Islands Enterprise has acquired the assets of Sutherland Spaceport Ltd following the collapse of launch company Orbex. The Scottish development agency has not yet determined what will happen to the spaceport, leaving the site’s operational and commercial future unresolved.
Singapore-based Astrum Space plans to merge with a publicly listed blank-check company in a transaction valuing the direct-to-device satellite venture at about $1 billion. The deal places Astrum among space startups using public-market combinations to fund connectivity ambitions and potentially expand investor access.
High activity
Apollo Global Management is acquiring a co-controlling stake in Atlantic Aviation from KKR, valuing one of the world’s largest fixed-base operators at nearly $10 billion. The partnership comes as Atlantic begins construction of a Nashville FBO with expanded hangar, ramp and fueling capacity.
Embraer invested $120 million to separate its commercial aviation business, ECA, from the rest of the company after its planned tie-up with Boeing collapsed. The transaction also created uncertainty for E-Jet customers, prompting some to delay orders while they assessed the deal’s implications.
Opposition is growing at the regional level to a proposed merger involving Air Busan, signaling potential political and stakeholder resistance to consolidation in South Korea’s airline market. The dispute could complicate the transaction and shape the future structure of the country’s regional aviation sector.
Abra Group and SKY Airline have completed a share-swap transaction, formalizing a closer corporate relationship between the aviation groups. The announcement marks a completed ownership transaction involving SKY Airline, although the available information does not disclose the deal’s financial terms or operational implications.
European Aviation, the UK lessor, is close to reacquiring European Cargo after the A340 freighter operator entered administration in June 2026, according to Sky News. The move could preserve the Bournemouth-based carrier’s operation while administrators address significant debt and assess the viability of its China–UK services.
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