AeroTime
• Clement Charpentreau
Apollo Global Management will acquire easyJet for £7.15 per share in cash, valuing the U.K. low-cost carrier at £5.7 billion ($7.7 billion). The deal follows Castlelake’s withdrawal, leaving Apollo as the sole bidder and giving easyJet’s board-backed transaction a clear path forward.
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Apollo Global Management will acquire easyJet for £7.15 per share in cash, valuing the U.K. low-cost carrier at £5.7 billion ($7.7 billion). The deal follows Castlelake’s withdrawal, leaving Apollo as the sole bidder and giving easyJet’s board-backed transaction a clear path forward.
Belgium has blocked the proposed acquisition of NHV Group by China-linked GD Helicopter Finance. The helicopter operator supports offshore energy and defense operations, making the decision a notable intervention in foreign investment involving strategically relevant aviation assets.
Urumqi Air is considering establishing a joint carrier with Kazakhstan’s government, according to a report from Commercial Aviation News. The proposal signals potential expansion of cross-border airline cooperation, although details on ownership, fleet, routes and timing have not been disclosed.
Qantas Group and Japan Airlines have signed a binding agreement to restructure Jetstar Japan’s ownership, with the Development Bank of Japan replacing Qantas through a share buyback. The low-cost carrier plans to rebrand by the third quarter of 2027, ending Qantas’ role in the Japanese venture.
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Norse Atlantic Airways has launched a formal process that could lead to a sale, merger or partnership, tying the strategic review to the loss of its damp-lease agreement with IndiGo Airlines from November 2026. The move puts the long-haul leisure carrier’s ownership and operating model under review.
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Allegiant says the combination with Sun Country is driving junior-pilot attrition in Minneapolis-St. Paul as Delta recruits from the merged carrier, forcing schedule reductions even as cargo flying expands. Allegiant reported 7% fewer flights but 16% higher revenue in the second quarter and is evaluating additional 737 MAX options.
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Intuitive Machines has completed its previously announced acquisition of Goonhilly Earth Station and COMSAT LLC, following an agreement reached in May. The transaction adds ground-station and communications assets to Intuitive Machines’ portfolio as it positions itself as a vertically integrated space prime.
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