If regulators approve the acquisition, financial giant Apollo plans to delist easyJet from the stock exchange to invest more freely in its transformation and improve profitability.
Apollo Global Management is proposing plans for easyJet to introduce premium seating and additional charges, aiming to offer extra services and feed long-haul carriers.
EasyJet founder Sir Stelios Haji-ioannou and his family will remain significant shareholders in the airline following a proposed £5.7 billion takeover by US investment firm Apollo. This development concludes a bidding contest for one of Europe’s largest low-cost carriers.
EasyJet has extended the deadline for Castlelake's firm takeover offer, aligning it with Apollo's deadline, as the bidding war for the budget airline approaches a decisive week.
EasyJet announced a significant 70% decline in its profits, raising questions about its ability to manage higher fuel expenses and investor expectations.
Aircraft maintenance firm Bird Aviation in Cyprus has signed a new long-term agreement with low-cost airline easyJet to provide scheduled aircraft maintenance services at its Larnaca facility.
EasyJet reported a 70% drop in profits, attributing the significant decline to the conflict in the Middle East. The ongoing geopolitical tensions have negatively impacted consumer confidence and travel demand.
EasyJet passengers were stuck on the tarmac for several hours after their plane was unable to refuel, with one passenger reporting not getting home until 6 AM.
Apollo Global Management has made a $7.7 billion bid to acquire the airline easyJet, signaling a significant move in the aviation and private equity sectors.
An analysis suggests that easyJet passengers will ultimately be responsible for the costs associated with the airline's future, which is heavily reliant on debt.
A bidding battle for Easyjet highlights a new trend in airline industry consolidation, with financial investors now playing a key role, which could lead to higher prices for passengers.
EasyJet's board is facing criticism for allegedly surrendering too easily to a US bidder, despite the company's target to achieve £1 billion in profitability remaining intact.
Honeywell spinoff Solstice Advanced Materials is set to acquire Element Solutions in a $14.5 billion cash-and-stock deal, aiming to sharpen its focus on the AI market. This acquisition follows earlier reports of merger talks between the two companies for a larger $27 billion valuation.
TeraWulf's stock surged after signing a 20-year, $19 billion lease agreement with Anthropic for a new AI data center in Kentucky. This deal will provide critical infrastructure for Anthropic's AI operations and is expected to generate significant revenue for TeraWulf.
An American investment company is reportedly seeking to acquire EasyJet, one of Europe's largest low-cost airlines, for DKK 45 billion, despite the airline having rejected previous offers.
Workers from Enav at Malpensa, Assohandlers, and Easyjet are scheduled to strike on Sunday, July 5th. However, certain international and island connections are guaranteed during the strike.
SK Hynix has surpassed Samsung to become South Korea's most valuable company by market capitalization, driven by the booming artificial intelligence sector. This marks a significant shift in the country's corporate landscape after Samsung held the top spot for 26 years.
The founder of EasyJet is reportedly being courted by a hostile bidder from the United States, indicating potential acquisition interest in the airline.
Luis Gallego, chief executive of IAG (owner of British Airways), stated that current EU competition rules make a potential bid for EasyJet 'very difficult'. He called for an overhaul of how the bloc evaluates airline takeovers.
An EasyJet aircraft took off from an incorrect runway point at Luton Airport, becoming airborne when it was 65 feet in the air after clearing the runway.
Tunisia has surpassed Greece, Morocco, Cyprus, Egypt, Spain, and Turkey to rank first in easyJet's Summer Sunshine Rankings, indicating its growing popularity as an affordable holiday destination among UK travelers.
Akureyri Airport experienced a record number of passengers in 2025, with over 107,000 travelers, largely due to the introduction of regular EasyJet flights.
An American investment fund is reportedly evaluating a potential acquisition of the European airline EasyJet. The fund is currently analyzing the possibility of a takeover.
EasyJet has dismissed a potential takeover bid from US investor Castlelake, labeling the approach as 'highly opportunistic.' The British low-cost airline's shares surged following news of the possible acquisition interest.
The board of EasyJet has stated that there are currently no discussions regarding a potential offer for the airline, expressing confidence in its existing strategic direction.
Schiphol Airport has begun testing the world's first electric TaxiBot in collaboration with easyJet, Airbus, and Menzies, aiming to reduce fuel consumption by towing planes to the runway.
The Italian Antitrust Authority has launched an investigation into easyJet Airline for alleged unfair commercial practices. This probe will examine the airline's business conduct.
An EasyJet flight was forced to make an emergency landing in Rome after a power bank was discovered in a passenger's luggage, prompting safety concerns.
UK airlines easyJet and Jet2 have assured holidaymakers that there will be no additional charges for summer flights, despite an increase in fuel costs.
easyJet has announced a historic expansion of its aviation capacity to proactively prevent outbound UK flight cancellations and travel chaos, particularly protecting hubs in Spain, Greece, and Tunisia.
Analysts suggest it may be a good time to invest in airlines, noting that easyJet's enterprise valuation is currently four times its operating profit, significantly lower than its 2019 valuation.
EasyJet was found liable by a Lyon court for denying boarding to a passenger whose French passport was expired but still valid for European travel within five years of its expiry date.
Low-cost airline EasyJet is expanding its winter schedule from France with nine new routes for winter 2026. These new connections include flights from Paris-CDG and Nice to Cairo, as well as routes to Essaouira, Agadir, Gran Canaria, and Southampton.
Low-cost airline easyJet is launching a new direct flight route connecting Nantes and Strasbourg starting April 17. The service will operate twice a week, offering a 1.5-hour journey compared to 6-7 hours by train.
EasyJet has issued a warning that the ongoing Iran war is expected to negatively affect summer bookings and exacerbate its first-half financial losses.
EasyJet's shares have experienced a slump after the airline issued a warning of potential losses. The company attributes these anticipated financial setbacks to the ongoing conflict in Iran.
EasyJet passengers have described significant disruption and 'nightmare' experiences at EU borders, with airlines warning of further issues due to the introduction of a new digital border control system.
easyJet anticipates air fares will increase towards the end of summer due to the Iran war impacting fuel costs, and is observing a shift in bookings away from Cyprus and other Eastern Mediterranean destinations.
G7 leaders have announced the record release of 400 million barrels of oil in response to the war in the Middle East. This represents about twenty days worth of usual oil traffic through the Strait of Hormuz, currently through dangerous to go through due to the threat of Iranian strikes. This initiative aims 'to calm markets down', as FRANCE 24's Philip Turle explains.
For a second consecutive day following the escalation of military operations in the Middle East, British airline EasyJet has cancelled its arrival at Paphos International Airport.
American private equity firm Apollo Global Management has completed a $7.7 billion takeover of the British airline EasyJet. This acquisition places EasyJet under American ownership, raising questions about founder Haji-Ioannou's future position.
The US reportedly surprised the ECB by selling euros to support the Japanese yen last week, while Apollo is making a 5.7 billion pound bid for easyJet, and Allianz reports record operating profit.
Two American investors are competing to acquire EasyJet, Europe's second-largest low-cost airline. Castlelake is reportedly pursuing short-term profit, while Apollo, offering a higher price, aims to maintain the current business model, with a decision expected soon.
An Icelandic man, Aðalsteinn, spent several months pursuing EasyJet to assert his rights, ultimately finding the process enjoyable. He successfully navigated the airline's procedures to resolve his issue.
The European Union has given its conditional approval to the proposed merger between Paramount and Warner Bros. Discovery, while the deal remains on hold in the United States as a judge considers a preliminary injunction.
Several flights were diverted after a plane blocked the runway at Gatwick Airport, including an Easyjet flight that landed at Stansted but then became stranded due to a lack of fuel.
A customer complained that an EasyJet Holidays resort, advertised as a "spa" retreat, did not have an on-site spa or gym, with facilities located a significant distance away.
The potential sale of EasyJet has raised fears that it symbolizes a broader trend of UK corporates being put up for sale, prompting concerns about the future of British businesses.
US private equity firm Apollo has launched a surprise £5.7 billion takeover bid for easyJet, surpassing an earlier offer from Castlelake and winning the support of the airline's board. This development has led to a significant jump in easyJet's stock.
EasyJet has agreed to a takeover bid from US firm Apollo, which has outbid a previous offer from Castlelake, marking a significant development for the airline.
Calor extremo afeta trabalhadores, comboios e até o abastecimento de água em Almada. Aperto no crédito à habitação em agosto. Estado perde centenas de milhões nos combustíveis. E a Easyjet na mira.
Russian attacks on the Kyiv region have resulted in 23 deaths and 56 injuries, prompting Ukraine to warn of a shortage of interceptor missiles. An expert suggests Russia's strikes aim to divert attention from its failures on the front lines.
EasyJet has agreed 'in principle' to a £5.2 billion takeover deal, following previous rejections of four offers from US investment firm Castlelake. This marks a significant development after EasyJet shares had previously surged on news of a £5.5 billion bid.
Budget airline EasyJet has agreed in principle to a $7.3 billion takeover bid from US investment firm Castlelake, causing its shares to jump significantly. The deal could potentially lead to the airline's restructuring or even its breakup, raising concerns for some of its operational bases.
The Press Association provides answers to ten questions regarding the history and operational scope of easyJet. This includes details about its first flight and the extent of its current network.
An Easyjet flight from Geneva to Ajaccio turned into a nightmare for nearly 150 passengers, involving hours of waiting on the tarmac, tensions among travelers, and a police intervention.
American fund Castlelake has disclosed the value of its offer to acquire EasyJet. This revelation provides details on the potential takeover bid for the airline.
Birmingham Airport is boosting its network with new routes to various holiday destinations, including Tunisia, Copenhagen, Hurghada, Bergerac, Jersey, Kavala, and Sharm El Sheikh, offered by Jet2 and easyJet.
New EU border control rules are causing longer processing times for passengers, prompting easyJet's director for Portugal to request "more flexibility" to prevent accumulations.
Italy is experiencing widespread travel disruptions due to an 18-hour Easyjet flight strike across the country on Saturday, following a nationwide train strike on Thursday.
Strong winds are significantly affecting operations at Madeira airport, leading to four flight diversions to other airports and five cancellations by 2:20 PM, including Easyjet and TAP flights.
Reports indicate a US investor, with MSC, seeks to acquire Easyjet. This comes amidst broader business news including SpaceX's IPO pricing, Bayer's glyphosate challenges, and a study suggesting German automakers are losing international ground.
Private credit lender Castlelake is exploring a potential takeover offer for British budget airline easyJet, seeking a partner to navigate EU ownership rules.
Easyjet's stock surged after US financial investor Castlelake expressed acquisition interest, with Easyjet stating it would review the "highly opportunistic" offer.
Private credit firm Castlelake is reportedly exploring a bid to acquire budget airline easyJet, which would result in another UK-listed company being taken off the stock market.
An EasyJet flight was diverted after a passenger's power bank in their luggage caused a safety concern. This incident highlights ongoing aviation safety questions regarding battery packs.
An EasyJet flight from Egypt to London was forced to divert to Rome after a power bank charging in a passenger's checked luggage sparked safety concerns. The incident caused an unscheduled landing for the flight.
EasyJet has reported increased financial losses and a decline in summer holiday bookings, attributing the downturn to the effects of the Middle East conflict and rising fuel prices. The airline's CEO has sought to reassure customers about fuel supplies despite the challenges.
Several European and North African countries are set to benefit from a monumental surge in United Kingdom outbound holiday travel, as easyJet significantly increases its aviation capacity.
Strikes in Italy are leading to flight cancellations at the start of the week, primarily affecting Easyjet and ITA Airways, with travelers offered rebooking or refunds.
EasyJet has inaugurated a new direct air route connecting Strasbourg and Marrakech, aiming to strengthen travel, tourism, and economic ties between Morocco and France.
A family is struggling to postpone or get a refund for £4,000 worth of EasyJet flights booked for a wedding after their two-year-old daughter was diagnosed with a brain tumour.
European countries face a looming jet fuel shortage, with warnings that supplies could last only six weeks, prompting airlines to cancel flights and reduce capacity.
EasyJet's CEO noted a slow recovery for travel to Cyprus and warned of a larger first-half loss, attributing lagging bookings to the Iran war and a shift in demand towards Western destinations.
EasyJet officially launched its first base in Africa on Wednesday at Marrakech-Menara Airport. The inauguration was attended by Moroccan National Tourism Office Director General Achraf Fayda and easyJet CEO Kenton Jarvis.
EasyJet passengers are reporting significant disruptions and long queues at EU borders, which airlines attribute to the introduction of a new digital border control system.
Strong winds caused two days of paralysis at Cristiano Ronaldo Airport in Madeira, but easyJet has confirmed that operations are now normalized and refunds will be provided to affected passengers.
W związku z rosnącymi cenami ropy i napięciami na Bliskim Wschodzie brytyjska linia lotnicza easyJet zachęca pasażerów, żeby nie zwlekali z kupowaniem biletów.
EasyJet has reported a fall in flight bookings, attributing the decline to the ongoing conflict in the Middle East, with the airline's boss warning that passengers are likely to face increased air fares by the end of summer.
Easyjet flight prices are increasing by up to 1682% as the main runway at Basel Airport undergoes five weeks of renovation, making Easyjet the sole provider during this period.
Την ακύρωση όλων των προγραμματισμένων πτήσεών της από τη Βρετανία προς την Κύπρο έως και την Πέμπτη ανακοίνωσε η easyJet, επικαλούμενη επιχειρησιακούς λόγους.
Ακυρώσεις για τα αεροδρόμια Λάρνακας…
An air-transport strike in Italy led to the cancellation of approximately 300 flights, with ITA Airways and Easyjet being the most affected airlines, according to trade unions.
The auto and transport sector is a subject of market talk, while EasyJet faces customer complaints over significant flight schedule changes without refunds, and a Kenyan aviation workers' strike is called off after causing disruptions.
Following Apollo's takeover deal with EasyJet, private equity firms are reportedly circling other budget airlines, with JPMorgan upgrading EasyJet's stock rating due to the acquisition.
The European Union is reportedly preparing to review airline ownership rules to prevent foreign investors from gaining effective control of carriers, a move that could complicate potential U.S. bids for low-cost airline easyJet.
European budget airline EasyJet has agreed to a $7.7 billion takeover by the US private equity firm Apollo. The deal, backed by the airline's founder Stelios Haji-Ioannou family, will transfer EasyJet into American ownership.
The chief executive of Air France-KLM sees an opportunity to attract easyJet passengers if the low-cost carrier is acquired by its suitors, capitalizing on potential market disruption.
Cyprus has made a final investment decision to develop the Kronos natural gas field in block 6 of its exclusive economic zone, aiming to exploit remaining gas reserves for domestic needs.
An analysis examines how rising fuel prices are affecting Europe's budget airlines, comparing the positioning of Ryanair and EasyJet in the challenging market.
EasyJet's profits have plunged by 70%, largely attributed to soaring fuel costs and lower demand. The airline reported a £105 million hit from increased fuel expenses, partly due to the Iran war.
An EasyJet flight en route to Liverpool was forced to turn back to Tenerife after a brawl involving approximately 10-12 passengers erupted on board. The pilot made the decision to return to the departure airport due to the disturbance.
A bidding war for EasyJet among American entities raises questions about whether travelers will face increased costs for additional services and extras.
Apollo's bid for EasyJet indicates a growing confidence in the European airline sector, suggesting a shift from turbulence to new opportunities for carriers.
Private equity firm Apollo Global Management is reportedly looking to significantly boost easyJet's profitability by implementing strategies similar to those used by Ryanair, focusing on revenue growth and cost reduction.
Stelios Haji-Ioannou, the founder of EasyJet, maintains a complex relationship with the budget airline he made accessible to many, even as a financial investor's takeover offer raises questions about his remaining shares. The article explores the evolving dynamic between the founder and the company.
The potential sale of budget airline EasyJet is being analyzed for its surprising implications, suggesting it could ultimately benefit its competitors.
US investment firm Castlelake is attempting to acquire a stake in British airline easyJet, but the potential deal faces hurdles due to EU regulations. EasyJet has granted Castlelake access to its books, indicating the process is moving forward despite regulatory complexities.
EasyJet has reached a principal agreement to be acquired by the American fund Castlelake, which manages $36 billion and holds a 2.14% stake in the airline, accepting its fifth offer for approximately £5.2 billion.
Many major investors in EasyJet are reportedly holding out for a £5.3 billion bid from private credit group Castlelake, expecting an offer of £7 per share.
EasyJet has rejected a fourth takeover offer from US investment fund Castlelake, valued at £4.9 billion, but has subsequently entered into talks with the fund. The airline had previously rebuffed earlier proposals from Castlelake.
EasyJet has rejected a £4.7 billion takeover offer from US bidder Castlelake, stating that the proposal attempts to acquire the airline "on the cheap" and that the board is holding out for a higher valuation.
A couple's all-inclusive easyJet holiday to Marrakech was reportedly ruined by a hefty hourly fee for the hotel's swimming pool, which was not disclosed at the time of booking.
An EasyJet flight from Manchester to Kos mistakenly departed from an incorrect runway position at Manchester Airport due to a cockpit error, significantly reducing the available runway length.
Air France-KLM's CEO has indicated a willingness to engage in talks regarding a possible takeover bid for EasyJet, as interest in the budget airline grows.
Reports indicate that a US investor, in collaboration with shipping company MSC, is looking to acquire the airline Easyjet. This comes amidst other business news including SpaceX's IPO pricing and Bayer's glyphosate challenges.
EasyJet has confirmed it dismissed a potential £3 billion takeover bid from US investment firm Castlelake, labeling the approach as 'highly opportunistic,' which led to a surge in the budget airline's shares.
The American investment fund Castlelake has reportedly expressed interest in acquiring the airline EasyJet. The potential reasons behind Castlelake's interest are being analyzed.
An easyJet flight was forced to make an emergency landing at Chania airport on Friday afternoon following a serious incident involving a disruptive passenger.
EasyJet has announced a reduction in the number of flights scheduled for Dubrovnik this summer compared to the previous year, signaling potentially bad news for the Croatian city's tourism.
An EasyJet flight was forced to make an emergency landing after a power bank in a passenger's checked luggage malfunctioned in the aircraft's hold. The incident caused the plane to suddenly change course.
An EasyJet flight from Egypt to the UK was diverted to Rome after a passenger's baggage raised suspicions about a device, leading to an emergency landing.
The CEO of EasyJet stated that summer flights would not be affected by jet fuel shortages, reporting no current problems with fuel supply. However, the airline noted that passenger bookings are occurring later due to uncertainty, partly attributed to the Iran war.
Global fuel prices are on the rise, prompting companies like EasyJet to increase ticket prices to offset higher jet fuel costs. This trend is also contributing to elevated fuel expenses for consumers in regions such as Guyana.
Two Dutch entrepreneurs are introducing Go Volta, a private company aiming to disrupt European state railways with budget-friendly train travel, mirroring the success of low-cost airlines.
EasyJet is set to introduce a new direct flight connection between Ljubljana's Brnik Airport and London, commencing in October. This new route will enhance air travel options between the two cities.
Easyjet and Rolls-Royce successfully operated an aircraft engine solely on hydrogen at full power, marking a significant milestone in sustainable aviation technology amidst global kerosene supply challenges.
Major airlines are cutting thousands of flights and increasing ticket prices by up to 20% in response to surging fuel costs, exacerbated by the Iran conflict. This has led to profit warnings and increased pressure on European authorities.
An EasyJet flight to Malaga experienced a significant delay after five passengers voluntarily disembarked because the aircraft was overweight for the prevailing conditions, including warm weather and a short runway.
EasyJet and Tesco have warned of financial challenges, including increased fuel costs, reduced bookings, and profit uncertainty, citing the ongoing Middle East conflict as a significant factor.
The general director of Easyjet in Portugal warned that eliminating the maximum limit on mobility subsidies would artificially increase prices and could lead to the loss of routes to the island of Madeira.
An EasyJet aircraft was forced to abort its landing at Orly Airport and circle before safely touching down, due to mortar fire disrupting its approach.
The parent company of EasyJet has lost a High Court trademark dispute concerning its 'easy' branding. The judge noted the group's efforts to prevent the use of 'easy' signs without its license.
The CEO of easyJet has warned that European consumers will begin to see higher ticket prices towards the end of summer due to the Iran war, as existing fuel hedges expire.
Η EasyJet και η Lufthansa ανέστειλαν όλες τις πτήσεις τους από και προς την Κύπρο τη Δευτέρα.
Easy Jet και Lufthansa ακυρώνουν πτήσεις προς την Κύπρο - Η ΝΑΥΤΕΜΠΟΡΙΚΗ
Italy is bracing for significant disruptions in air and train travel due to a three-day strike starting February 26, impacting major carriers like Ita Airways, EasyJet, FS, Italo, and Trenord.