Atlantic Aviation has acquired Ferrovial Vertiports from Ferrovial, a global infrastructure company.
The acquisition advances Atlantic Aviation’s commitment to leading the industry in the creation of sustainable infrastructure to support AAM operations by incorporating eVTOL infrastructure expertise into its recognized leadership in the FBO industry.
Vertiports are specified areas for eVTOL aircraft, which are powered by electricity, to takeoff, hover, and land in urban, suburban, and rural environments, improving connectivity between regions and offering a more sustainable transportation option with reduced emissions.
As a wholly owned subsidiary of Atlantic Aviation, Ferrovial Vertiports will immediately begin to operate under the name VertiPorts by Atlantic. The leadership team of the newly acquired business will continue its industry leading role in the development of various locations for eVTOL operations to connect communities in multiple regions across the United States. The company will apply proprietary methodology to determine the best locations for additional vertiport locations nationwide.
This acquisition further positions Atlantic Aviation at the forefront of AAM with the vision, resources, and proven ability to deliver an extensive network of sites.
Jeff Foland, Chief Executive Officer at Atlantic Aviation, 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.”
Luke Bugeja, Chief Executive Officer of Ferrovial Airports, said, “We’re pleased to see Atlantic Aviation embrace Ferrovial Vertiports’ innovative work enabling advanced air mobility. Vertiports will be an essential element in Atlantic Aviation’s development of sustainable solutions and state-of-the art aviation services.”
Kevin Cox, Former Chief Executive Officer of Ferrovial Vertiports who is now Chief Executive Officer of the VertiPorts by Atlantic business, added, “The Ferrovial Vertiports team is pleased to join Atlantic Aviation to forge a transformative and visionary presence in the AAM infrastructure space.
“We’re setting a new standard for innovation and leadership in the industry which will transform how people move seamlessly to, thru, and between cities.”
Atlantic Aviation and its newly acquired vertiports team are based in the Dallas, Texas area. Financial details of the acquisition were not disclosed.
