Who owns atlantic aviation?

Who Owns Atlantic Aviation?

Atlantic Aviation is one of the largest and most recognized fixed-base operators (FBOs) in the United States, providing ground handling services, fuel, and other amenities to private aircraft and business jet passengers. But who owns Atlantic Aviation? In this article, we’ll delve into the company’s history, business model, and ownership structure to provide a comprehensive answer to this question.

History of Atlantic Aviation

Atlantic Aviation was founded in 1967 by Jim Brown, a pioneer in the FBO industry. The company started with a single location in Van Nuys, California, and has since grown to operate over 60 locations in the United States. In the early years, Atlantic Aviation focused on providing refueling services to general aviation aircraft, but as the business jet market grew, the company expanded its offerings to include a range of services, including aircraft ground handling, catering, and passenger amenities.

Business Model

Atlantic Aviation’s business model is centered around providing a range of services to private aircraft and business jet passengers. The company offers a variety of amenities, including:

• Ground Handling: Atlantic Aviation’s team of trained professionals can handle all aspects of ground handling, including aircraft washing, fueling, and lavatory service.
• Fuel: The company offers a range of fuels, including Jet-A, Jet-A+1c, and avgas, at competitive prices.
• Catering: Atlantic Aviation’s catering service provides a range of food and beverage options, from sandwiches and snacks to full-service meals.
• Amenities: Many Atlantic Aviation locations offer additional amenities, such as lounges, showers, and exercise facilities.

Ownership Structure

So, who owns Atlantic Aviation? The answer is a bit more complicated than you might expect. Atlantic Aviation is a private company, and as such, its ownership structure is not publicly disclosed. However, we can piece together some information from publicly available sources and industry reports.

Private Equity Ownership

In 2015, Atlantic Aviation was acquired by Fidelity National Financial (FNF), a leading provider of mortgage and insurance services. At the time, FNF announced that it would take a majority stake in the company, with Jim Brown retaining a significant minority interest. This marked a significant turning point in Atlantic Aviation’s history, as the company began to expand its services and locations under FNF’s ownership.

Current Ownership

As of 2022, Atlantic Aviation’s ownership structure is still closely held by Fidelity National Financial. The company operates as a subsidiary of FNF, with a Board of Directors that includes representatives from FNF and the Brown family.

Notable Facts

Here are some notable facts about Atlantic Aviation’s ownership structure:

• No Public Offering: Atlantic Aviation has never gone public with an initial public offering (IPO). As a result, the company’s financial statements and ownership structure are not publicly disclosed.
• Private Equity Investment: In addition to FNF, Atlantic Aviation has received investments from other private equity firms, including BAML Capital Partners and Wells Fargo Strategic Capital.
• Growing Presence: Under FNF’s ownership, Atlantic Aviation has expanded its presence significantly, with new locations and services added across the United States.

Table: Atlantic Aviation’s Growth Trajectory

In conclusion, Atlantic Aviation’s ownership structure is a private affair, with Fidelity National Financial holding a majority stake in the company. While the company’s exact financials and ownership breakdown are not publicly disclosed, we can piece together the timeline of its growth and evolution under private equity ownership. Whether you’re a seasoned aviator or a private jet passenger, Atlantic Aviation’s commitment to providing world-class services and amenities makes it a leader in the FBO industry.