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AeroTimeClement Charpentreau

Apollo to acquire easyJet for £5.7 billion after Castlelake withdraws

Apollo Global Management has agreed to acquire easyJet for £5.7 billion ($7.7 billion), offering £7.15 per share in cash after rival bidder Castlelake ended its pursuit. The transaction could reshape ownership and competitive dynamics in Europe’s budget-airline market as carriers face surging fuel prices.

BloombergPatrick Gillespie, Siddharth Philip

Argentine Low-Cost Airline Slashes 75% of Flights as Collapse Looms

By Bloomberg: A low-cost Argentine airline is on the brink of collapse, eight months after an ally of President Javier Milei promised to invest $1.7 billion in an attempted turnaround of the decade-old carrier.

2026-08-06T07:16:01.772850-07:00