Apollo Global, JF Lehman and Hill City Capital completed the acquisition of Atlas Air Worldwide for $5.2bn.

Private equity firms Apollo Global, JF Lehman and Hill City Capital completed the acquisition of Atlas Air Worldwide, a global provider of outsourced aircraft and aviation operating services, for $5.2bn. “Today marks the start of an exciting new chapter for Atlas, and we are eager to begin our partnership with Apollo, J.F. Lehman and Hill City. With the support and resources of our investor partners, we are well-positioned to achieve our growth objectives while continuing to serve the increasingly complex global supply chain. I want to thank the entire Atlas team, whose customer focus and dedication made this milestone possible. I look forward to the opportunities this next phase provides for our Company and our employees," John Dietrich, Atlas Air President and CEO.