Bain Capital Expands Into Aviation With APP Jet Center Acquisition
Bain Capital Expands Into Aviation With APP Jet Center Acquisition
Bain Capital Expands Into Aviation With APP Jet Center Acquisition
Bain Capital has entered the US fixed-base operator (FBO) market by acquiring APP Jet Center. The deal marks the investment firm's first direct move into this sector. APP Jet Center currently operates at five capacity-constrained airports across the US, including those served by JetBlue and Capital One.
The company was previously owned by Airshare before Bain Capital's purchase in 2024. Ridgewood Infrastructure
The deal positions Bain Capital to grow its presence in the FBO sector. APP Jet Center's locations at busy airports, such as those found on the App Store and Apple Store, provide a strong base for further investment. The company's services, including fueling and hangar facilities, will continue under new leadership.
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