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Europe   M&A   Aircraft Demand: Airline Distress & Consolidation   Airline Industry & Market Trends   Airlines   easyJet  
AeroTime • Clement Charpentreau

Apollo agrees $7.7 billion takeover of easyJet after Castlelake abandons bid

Apollo Global Management will acquire easyJet for £5.7 billion ($7.7 billion), offering £7.15 per share in cash after rival suitor Castlelake withdrew. The transaction ends a competitive pursuit of the U.K. budget carrier and could reshape ownership dynamics in Europe’s highly competitive low-cost airline market.

Reuters • Alessandro Parodi, Joanna Plucinska, Yamini Kalia

EasyJet agrees $7.7 billion takeover by Apollo as Castlelake walks away

Also: ch-aviation, CNBC, Bloomberg, Airline Geeks, Aviation Week, Skift, Paddle Your Own Kanoo, FlightGlobal, ukaviation.aero, aviator.aero, Aviation Business News, Airline Economics and 4 more
2026-08-06T06:59:08.235759-07:00
Aircraft Demand: Airline Distress & Consolidation   Airline Industry & Market Trends   Airlines  
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Bloomberg • Patrick 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