easyJet News

Airline Geeks • Zach Vasile

easyJet weighs Apollo bid to take the airline private, triggering a bidding war with Castlelake

easyJet has reached an “agreement in principle” with U.S. investment firm Apollo for a potential takeover valued at £5.7bn, as the carrier’s control fight escalates against Castlelake. The race for easyJet could reshape the airline’s London exposure and influence pricing and customer costs depending on the outcome and deal terms.

5 Sources

2026-07-13T07:44:25.244311-07:00

Bloomberg

easyJet agrees in principle to Castlelake buyout at up to $7.3B, with new offer at £6.90 per share

90 Sources

2026-07-05T09:44:18.478242-07:00

FlightGlobal

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

70 Sources

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

Skift

Castlelake offers to buy easyJet in Europe’s biggest deal since 2008

4 Sources

2026-07-08T02:45:35.650722-07:00

easyJet News Timeline

Airline Geeks

5 sources

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easyJet weighs Apollo bid to take the airline private, triggering a bidding war with Castlelake easyJet has reached an “agreement in principle” with U.S. investment firm Apollo for a potential takeover valued at £5.7bn, as the carrier’s control fight escalates against Castlelake. The race for easyJet could reshape the airline’s London exposure and influence pricing and customer costs depending on the outcome and deal terms.

2026-07-13T07:44:25.244311-07:00

easyJet weighs Apollo bid to take the airline private, triggering a bidding war with Castlelake

Bloomberg

1 source

EasyJet deal interest draws US private equity into low-margin airline competition Two US private equity firms are reportedly moving beyond their comfort zone to pursue EasyJet Plc, highlighting how even traditionally volatile, low-margin airline businesses can attract financial suitors. The transaction contest underscores intensifying M&A focus on European short-haul carriers.

2026-07-11T12:29:57.603959-07:00

EasyJet deal interest draws US private equity into low-margin airline competition

Skift

4 sources

Castlelake offers to buy easyJet in Europe’s biggest deal since 2008 easyJet has accepted an acquisition offer from US investment firm Castlelake, a proposed deal valued at €6.4 billion. The transaction raises questions over the carrier’s future fleet, pricing, and strategy, and could reshape the competitive landscape for Europe’s remaining independent airlines.

2026-07-08T02:45:35.650722-07:00

Castlelake offers to buy easyJet in Europe’s biggest deal since 2008

AirInsight

3 sources

Castlelake-easyJet transaction used to enable Condor sale within EU constraints Castlelake’s structure for a deal with easyJet is described as a “workaround” that allows a pathway to sell Condor while navigating EU-specific rules. The approach is positioned as both legally compliant and operationally feasible, leveraging Castlelake’s familiarity with the regulatory and deal mechanics.

2026-07-07T08:32:11.802692-07:00

Castlelake-easyJet transaction used to enable Condor sale within EU constraints

AirInsight

72 sources

easyJet prepares to recommend Castlelake takeover after fifth approach values airline up to £5.5bn easyJet’s board says it is minded to accept a takeover offer from US investment firm Castlelake after four previously rejected proposals. The agreement in principle would put the valuation at up to £5.5 billion, with the board now set to recommend the fifth bid to shareholders.

2026-07-06T02:51:34.762055-07:00

easyJet prepares to recommend Castlelake takeover after fifth approach values airline up to £5.5bn

Bloomberg

90 sources

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easyJet agrees in principle to Castlelake buyout at up to $7.3B, with new offer at £6.90 per share easyJet’s board has agreed in principle to a proposed takeover by US investment firm Castlelake, valuing the carrier at about £5.23 billion (around $6.9–$7.3 billion) depending on deal framing. Castlelake’s latest approach would acquire easyJet for £6.90 per share (about $9.20), which includes a reported premium of 73% to the prior closing price.

2026-07-05T09:44:18.478242-07:00

easyJet agrees in principle to Castlelake buyout at up to $7.3B, with new offer at £6.90 per share

ch-aviation

1 source

easyJet Switzerland to take A321neo in mid-4Q26, extending its Airbus narrowbody renewal easyJet Switzerland plans to add the Airbus A321neo in mid–fourth quarter 2026, signaling continued fleet renewal and further standardisation around next-generation Airbus narrowbodies. The timing suggests incremental capacity availability as the carrier sequences deliveries into its network plans.

2026-06-25T07:56:18.210697-07:00

easyJet Switzerland to take A321neo in mid-4Q26, extending its Airbus narrowbody renewal

FlightGlobal

70 sources

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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