Originally Posted by
Elevation
Luckily they haven't gutted previous airlines. That said having successive bank failures occurring combined with dropping freight rates right as Apollo buys us is a little unsettling. Credit Suisse and a basket of other American banks are creaking under strain tonight. A lot depends on how Apollo's other investments look.
Atlas is less than 1% of Apollo portfolio. No-one wants to buy 50 747s right now, so they would have to dump them for pennies on the dollar.
Safe to say, it would make no sense for Apollo to sell us.