Atlantic Buys Into AAM Infrastructure Future

U.S. FBO network Atlantic Aviation took a step in the direction of supporting advanced air mobility (AAM) today (Jan. 7) by acquiring eVTOL infrastructure company Ferrovial Vertiports from the Ferrovial parent company. Vertiports are areas in urban, suburban and rural areas specified for eVTOL (electric vertical takeoff and landing) aircraft to launch, hover and land.

With more than 100 locations in the U.S., the FBO specialist said the acquisition “advances Atlantic Aviation’s commitment to leading the industry in the creation of sustainable infrastructure to support advanced air mobility (AAM) operations by incorporating electric vertical take-off and landing (eVTOL) infrastructure expertise into its recognized leadership in the FBO industry,” according to the company. As a wholly owned subsidiary of Atlantic, the new business entity will be rebranded as VertiPorts by Atlantic.

Kevin Cox, former CEO of Ferrovial Vertiports and now CEO of VertiPorts by Atlantic, said, “We’re setting a new standard for innovation and leadership in the industry which will transform how people move seamlessly to, through, and between cities.” Jeff Foland, Atlantic Aviation CEO, said, “We see tremendous long-term benefits and growth in building out infrastructure to support the advanced air mobility space. The combination of our operational expertise with the outstanding work the Ferrovial Vertiports team has done so far will serve as a tremendous boost to safe and efficient eVTOL operations as the network develops.”