Why Atlas Air has become tempting takeover target for investors

Close up of Atlas Air 747 jumbo jet. Front-half of white aircraft with blue and gold lettering.

Unconfirmed reports that Apollo Global Management is in advanced talks with Atlas Air Worldwide Holdings to take the freighter airline private provides the latest example of private capital flowing into the air cargo space. It’s a trend that accelerated during the COVID-19 crisis as aircraft became essential for delivering critical medical goods and supporting an explosion in online buying.

Top private equity firms sitting on hundreds of billions of dollars are looking to deploy their uninvested...

https://www.freightwaves.com/news/why-atlas-air-has-become-tempting-takeover-target-for-investors

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon