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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.

2026-08-06T06:59:08.235759-07:00

Europe

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EASA received 39 aviation safety recommendations in 2025

EASA received 39 safety recommendations during 2025, underscoring the continuing flow of operational and technical findings into Europe’s aviation safety system. The recommendations provide authorities and industry with formal input for addressing identified risks across aircraft operations and the wider aviation ecosystem.

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Lithuania warns Russia could use Ukrainian-made drones in false-flag attack on Baltic infrastructure

Lithuanian military intelligence believes Russia is considering deploying Ukrainian-made drones against critical infrastructure in the Baltic region, Defense Minister Robertas Kaunas said Aug. 6, 2026. The alleged operation would be designed to obscure Russian responsibility by making the attack appear linked to Ukraine.

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AeroTime

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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.

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Bloomberg

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Fuel-cost surge splits airline results as Cebu Pacific, Wizz Air and Copa fall while Cathay profits

Higher jet-fuel prices pushed Cebu Pacific into a loss, drove Wizz Air to an €183.3 million operating loss and cut Copa Holdings’ second-quarter profit by more than half. Cathay Group nevertheless lifted first-half profit to HK$6.2 billion, while its A350 freighter deliveries face a six-month delay.

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Latvia approves airBaltic plan, but funding remains unresolved

Latvia’s government has approved a plan for airBaltic, while leaving the airline’s funding unresolved. The decision advances the carrier’s proposed path forward but does not yet settle how the plan will be financed or address the resulting execution uncertainty.

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