Apollo Aviation Group agrees to be acquired by the Carlyle Group; NAC acquires new investor; This week, John Leahy to interview ALC’s John Plueger at Airline Economics Growth Frontiers New York

Apollo Aviation Group has entered into an agreement to be acquired by The Carlyle Group (Carlyle). The transaction is expected to close no later than January 31, 2019, subject to customary conditions, after which Apollo Aviation will become Carlyle Aviation Partners (Carlyle Aviation). Since its founding in 2002, Bill Hoffman and Robert Korn have developed Apollo Aviation into a leading institutional investment manager focused on the aviation industry, with current assets under management of $5.6 billion1 and 243 aircraft owned, managed or committed to purchase. Bill Hoffman, Apollo Aviation’s Chairman, commented, “Having carefully built Apollo Aviation from the beginning, one