Apollo Global Management is reportedly nearing a $10 billion acquisition of Atlantic Aviation from KKR, according to sources. This potential deal would consolidate a leading private jet fixed-base operator (FBO), significantly expanding Apollo's aviation portfolio. The transaction, if completed, would mark a major consolidation in the private aviation services sector, where FBOs provide critical support like fueling, maintenance, and hangar services for private aircraft. Atlantic Aviation, valued at nearly $10 billion, represents a strategic asset for Apollo's growth in aviation infrastructure.