Castlelake Bids £5.5B for easyJet in Major Airline Buyout
Castlelake has reached an agreement in principle to acquire easyJet for £5.5 billion, offering shareholders a 73% premium per share.
24 aviation articles tagged “easyjet”
Castlelake has reached an agreement in principle to acquire easyJet for £5.5 billion, offering shareholders a 73% premium per share.
Coordinated strikes by ENAV, easyJet, and ground handlers caused widespread flight cancellations across major Italian airports on July 5, 2026.
EasyJet has reached a preliminary agreement for a £5.2 billion buyout by Castlelake, valuing the carrier at 690 pence per share.
EasyJet rejected a £4.9 billion takeover bid from Castlelake but extended the PUSU deadline to July 5, 2026, to allow for further negotiations.
US firm Castlelake has bypassed the easyJet board to present its £4.7 billion, 625p-per-share takeover bid directly to shareholders.
easyJet has rejected a £4.74 billion takeover bid from Castlelake, prompting a June 26 deadline for the private equity firm to finalize its offer.
EasyJet is launching 13 new routes from eight UK airports for the winter 2026-27 season, including a new Manchester to Cairo service.
easyJet introduced a 48-hour flight search tool to capture the growing market of spontaneous UK travellers seeking last-minute summer holidays.
An Italy airport strike on June 13, 2026, forced easyJet to cancel 210 flights, impacting 40,000 passengers amid broader labor volatility.
An easyJet flight was delayed nearly four hours after a pilot and passengers restrained a disruptive individual on an Airbus A319 at Luton Airport.
An EasyJet flight with 186 occupants cleared the Luton runway end by 65 feet after a performance error caused a premature intersection takeoff.
An EasyJet flight from Manchester to Kos departed from the wrong runway intersection on July 6, 2025, triggering an official AAIB safety investigation.
Air France-KLM CEO Ben Smith confirmed interest in a potential joint bid with Castlelake for EasyJet, citing the carrier's attractive slot portfolio.
Schiphol has launched the world's first electric TaxiBot to enable engine-off aircraft taxiing, targeting a 65% reduction in fuel consumption.
U.S. investment firm Castlelake has signaled potential interest in acquiring easyJet, triggering a June 26, 2026, deadline for a formal bid.
EasyJet flight EJU7357 diverted to Liverpool on May 31, 2026, due to a localized jet fuel supply shortage at Scottish airports.
Menzies Aviation has launched the world's first electric TaxiBot for easyJet A320neo aircraft at Amsterdam Schiphol, reducing fuel burn by 95 kg per...
An easyJet flight diverted to Rome after a passenger reported a power bank in checked luggage, causing a 16-hour delay for 180 passengers.
EasyJet Flight EZY2618 diverted to Rome on May 19, 2026, after a passenger admitted to having an actively charging power bank in their checked luggage.
An EasyJet flight from Egypt to England diverted to Rome after a passenger alerted crew to a potential lithium battery fire risk from a charging device.