Atlantic Aviation Buys Vertiport Developer

Atlantic Aviation announced Jan. 7 that it has acquired Ferrovial Vertiports from Spanish infrastructure developer Ferrovial for an undisclosed price.

Atlantic, one of the largest fixed-based operator networks in the U.S., said the acquisition positions it to be at the forefront of introducing electric vertical-take-off-and-landing (eVTOL) aircraft when they begin commercial operations. In January 2024, Atlantic announced partnerships with eVTOL developers Beta Technologies and Joby Aviation to install charging stations at several airport locations in California, New York and the Gulf Coast.

In October 2024, Atlantic extended its concession agreement with New York City’s Economic Development Corp. and the city of New York to operate at the 34th Street Heliport, where it is upgrading the utility infrastructure and installing charging stations to support eVTOL operations.

Now a wholly owned subsidiary of Atlantic Aviation, Ferrovial Vertiports will do business as Vertiports by Atlantic. Kevin Cox, formerly Ferrovial Vertiports CEO, has been named chief executive of the subsidiary, which is based in Dallas.

“We see tremendous long-term benefits and growth in building out infrastructure to support the advanced air mobility space,” Atlantic Aviation CEO Jeff Foland said. “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.”