Apollo Global Management, an alternative investment manager, agreed to acquire a majority stake in Modern Aviation, a platform company focused on developing and acquiring fixed base operators, from Tiger Infrastructure Partners, a middle-market private equity firm that invests in growing infrastructure platforms. Financial terms were not disclosed. “We are thrilled to be partnering with the Apollo team and we appreciate Tiger’s continued support as they have been with us since Modern was just an idea. Together, we are committed to executing Modern’s strategy of supporting our customers in a safe environment, investing in our 16 existing locations and growing our network. I’d like to thank all of our Modern Aviation team members, whose steadfast dedication to customer service and safety drive our success,” Mark Carmen, Modern Aviation CEO.