Antitrust   M&A   Airlines   easyJet  
FlightGlobal • David Kaminski-Morrow

Castlelake makes £34.7bn ($6.3bn) bid for easyJet after rejecting three proposals, urges shareholder pressure

Castlelake disclosed a takeover offer for easyJet valued at about £34.74bn ($6.26bn), backed by former Malaysia Airlines CEO Peter Bellew, after the budget carrier rejected three separate approaches. easyJet told shareholders to take no action, calling the latest bid “opportunistic” and dismissing it as an “acquire-the-cheap” play.

Also: Bloomberg, Airline Economics, The Guardian, Seeking Alpha, Financial Times, The Independent and aviator.aero
2026-06-21T23:54:12.627294-07:00
Airports   Accident   Airbus  
FlightGlobal • David Kaminski-Morrow

Croatia A220 crew changed runway to avoid tailwind before Split excursion

By FlightGlobal: Preliminary analysis of conditions indicates winds within limits before jet started drifting at high speed. Croatian investigators have disclosed that an Airbus A220-300 departing Split had almost reached the V1 decision speed on take-off when it suffered a runway excursion that damaged the twinjet.

2026-06-21T22:54:14.228901-07:00
PaxEx   Airline Industry & Market Trends   Sustainability & Climate Initiatives   Airlines  
Reuters • Julie Zhu

AirAsia X to keep lowering fares as jet fuel prices fall, CEO says

By Reuters: Malaysian budget carrier AirAsia X has lowered fares by 5% since June 15, with the airline reviewing its pricing week by week and adding back capacity as jet fuel prices drop, the company's CEO, Bo Lingam, said on Monday.

Also: FlightGlobal
2026-06-21T21:24:30.175289-07:00