Independent journal on economy and transport policy
07:24 GMT+2
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The cargo airline Atlas Air will be acquired by a group of investors
Transaction worth approximately $5.2 billion
August 5, 2022
The US Atlas Air Worldwide has signed an agreement final to be acquired by a group of investors headed by funds managed by Apollo affiliates and subsidiaries of J.F. Lehman & Co. and Hill City Capital as part of a transaction worth about $5.2 billion.
Atlas Air Worldwide is the parent company of the airline Cargo Atlas Air, which also operates transport activities passengers, and Titan Aviation, a rental company of cargo aircraft, and is also the majority shareholder of cargo airline Polar Air Cargo Worldwide.
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