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AeroTimeClement 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.

AirInsightAddison Schonland

Does Boeing Know How Bad Southwest’s 737-700 Problem Is?

By AirInsight: FAA certified the MAX 7. Deliveries start in 2027. In between: 65% of Southwest's 737-700 fleet is showing operational stress — and someone has to pay for it.

2026-08-06T08:00:03.381319-07:00
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