Private equity firm Apollo is considering the possibility of selling its airline company Atlas Air, according to people familiar with the matter. People familiar with the matter said that Apollo is currently in the early stages of considering divesting the Atlas Airlines business and may seek to sell the business at a valuation of more than 12 billion US dollars. According to reports, other industry players and private equity firms have shown initial interest in the acquisition.

Private equity firm Apollo is considering the possibility of selling its airline company Atlas Air, according to people familiar with the matter. People familiar with the matter said that Apollo is currently in the early stages of considering divesting the Atlas Airlines business and may seek to sell the business at a valuation of more than 12 billion US dollars. According to reports, other industry players and private equity firms have shown initial interest in the acquisition.