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FlightGlobal • David Kaminski-Morrow

easyJet rejects Castlelake’s $6.3bn takeover bid as undervaluation claim escalates

U.S. investment firm Castlelake has disclosed a £4.7 billion ($6.3 billion) non-binding offer to fully acquire easyJet, priced at £6.25 ($6.2bn) per share. easyJet’s board unanimously rejected the latest approach, arguing the bid is highly opportunistic and significantly undervalues the airline after three proposals were turned down.

2026-06-21T23:54:12.627294-07:00

FlightGlobal

Delta vs. DOT in court over Aeromexico joint venture shutdown

2026-06-24T17:41:16.322002-07:00

Skift

Airlines for America backs legislation to ban “surveillance pricing”

2026-06-24T10:48:04.996242-07:00

The Hill

US House Judiciary subcommittee to probe airline competition after Spirit Airlines shutdown

2026-06-18T15:41:00.910470-07:00

News Timeline

FlightGlobal

Delta vs. DOT in court over Aeromexico joint venture shutdown After a 23 June hearing, federal judges are set to rule on whether the U.S. Department of Transportation (DOT) improperly shut down the Delta Air Lines–Aeromexico joint venture. The decision could determine the JV’s continued viability and set a key precedent for DOT oversight of airline cooperation.

2026-06-24T17:41:16.322002-07:00

Delta vs. DOT in court over Aeromexico joint venture shutdown

Skift

Airlines for America backs legislation to ban “surveillance pricing” Airlines for America CEO Chris Sununu said the trade group would support legislation prohibiting surveillance pricing—an approach critics argue uses consumer data to steer prices. The move signals heightened airline-industry engagement as lawmakers and regulators scrutinize fare and fee increases tied to cost pressure.

2026-06-24T10:48:04.996242-07:00

Airlines for America backs legislation to ban “surveillance pricing”

FlightGlobal

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easyJet rejects Castlelake’s $6.3bn takeover bid as undervaluation claim escalates U.S. investment firm Castlelake has disclosed a £4.7 billion ($6.3 billion) non-binding offer to fully acquire easyJet, priced at £6.25 ($6.2bn) per share. easyJet’s board unanimously rejected the latest approach, arguing the bid is highly opportunistic and significantly undervalues the airline after three proposals were turned down.

2026-06-21T23:54:12.627294-07:00

easyJet rejects Castlelake’s $6.3bn takeover bid as undervaluation claim escalates

ch-aviation

IAG rules out easyJet bid amid EU M&A constraints, says CEO Luis Gallego IAG’s chief executive Luis Gallego said the group would “explore” a potential easyJet bid, but EU merger and acquisition rules make such a transaction “very difficult,” according to the Financial Times. The comment follows recent takeover and stake allegations involving easyJet.

2026-06-19T04:44:38.453499-07:00

IAG rules out easyJet bid amid EU M&A constraints, says CEO Luis Gallego

The Hill

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US House Judiciary subcommittee to probe airline competition after Spirit Airlines shutdown A U.S. House Judiciary antitrust subcommittee will hold a hearing next week to assess the state of competition in the airline industry following Spirit Airlines’ shutdown. The review is positioned as lawmakers examine whether current industry regulation and market dynamics are protecting—or distorting—competitive outcomes.

2026-06-18T15:41:00.910470-07:00

US House Judiciary subcommittee to probe airline competition after Spirit Airlines shutdown

FlightGlobal

DOT moves to block Delta–Aeromexico joint venture despite US–Mexico deal aimed at antitrust-immunity concerns The U.S. Department of Transportation is proceeding with a plan to ban the Delta–Aeromexico joint venture even after a new U.S.–Mexico agreement that is intended to address concerns behind DOT’s earlier decision to rescind antitrust immunity for airlines. The dispute keeps alliance economics and route cooperation under regulatory pressure.

2026-06-18T12:03:20.783359-07:00

DOT moves to block Delta–Aeromexico joint venture despite US–Mexico deal aimed at antitrust-immunity concerns

Aviation Week

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American Airlines confirms widebody RFP with Airbus and Boeing—while calling a United combination a “non-starter” American Airlines CEO Robert Isom says the carrier has a new widebody RFP in the market and is weighing a long-haul widebody order from Airbus or Boeing as it reshapes its premium global flying strategy. Isom also told shareholders that work toward a potential American-United combination has been completed and dismissed as non-viable.

2026-06-10T10:46:57.060182-07:00

American Airlines confirms widebody RFP with Airbus and Boeing—while calling a United combination a “non-starter”

Bloomberg

SpaceX IPO governance spotlight: critics warn Elon Musk’s control undermines shareholder rights New York City Comptroller Mark Levine and other commentators say SpaceX’s IPO-related governance structure—reflecting Elon Musk’s 85% voting control—could give the founder unprecedented power while diluting protections for regular shareholders. The warnings raise questions about market integrity and the fairness of rights for public investors as SpaceX debuts.

2026-06-09T07:28:49.010265-07:00

SpaceX IPO governance spotlight: critics warn Elon Musk’s control undermines shareholder rights

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Antitrust News

easyJet rejects Castlelake’s $6.3bn takeover bid as undervaluation claim escalates

Delta vs. DOT in court over Aeromexico joint venture shutdown

Airlines for America backs legislation to ban “surveillance pricing”

US House Judiciary subcommittee to probe airline competition after Spirit Airlines shutdown

News Timeline