easyJet plc — News

EasyJet shares rose Thursday afternoon after Apollo Global Management said it would buy the U.K. airline after private equity rival Castlelake announced it was withdrawing its bid. Castlelake last month unveiled an improved offer for the London-listed carrier, which was swiftly followed by a larger bid from Apollo.

cnbc.com - 2026-08-06 10:20:10

Castlelake said ​on Thursday it was no ‌longer pursuing a takeover of easyJet , ending its months-long buyout attempt ​of one of Europe's ​biggest budget airlines weeks after a ⁠higher bid from rival ​suitor Apollo Global APO.N.

reuters.com - 2026-08-06 09:17:09

EasyJet reported a 70% year-on-year decline in fiscal third-quarter profit on Thursday. The airline said disruption from the Iran war had increased costs during the quarter.

invezz.com - 2026-07-23 03:24:55

EasyJet PLC (LSE:EZJ) reported a 70% fall in third-quarter profit as the Middle East conflict pushed up fuel costs and weakened booking demand. The low-cost airline, which has also been busy fielding takeover offers in recent weeks, posted headline profit before tax of £85 million for the three months to June, down from £286 million a year earlier.

proactiveinvestors.co.uk - 2026-07-23 03:08:13

The European Union is preparing a review of airline ownership rules to prevent foreign investors from gaining effective control of carriers, an EU official said, a move that could complicate U.S. ​bids for low-cost airline easyJet.

reuters.com - 2026-07-22 09:25:03

European budget aviation has spent the better part of the year navigating heavy turbulence. Rising jet fuel costs and geopolitical route disruptions have battered public valuations, pushing market sentiment toward distress levels.

marketbeat.com - 2026-07-14 08:25:12

Rolling coverage of the latest economic and financial news

theguardian.com - 2026-07-10 09:32:53

London's FTSE 100 edged higher on Friday, supported by strong gains in Vodafone and easyJet following major corporate developments. However, renewed tensions in the Middle East continued to weigh on investor sentiment, limiting broader market gains.

invezz.com - 2026-07-10 08:25:26

London's FTSE 100 inched up on Friday, supported by deal-driven gains in Vodafone and easyJet, though Middle East tensions kept a lid ​on further upside.

reuters.com - 2026-07-10 07:16:08

The airline said it agreed in principle on a rival takeover deal with asset-management firm Apollo and was withdrawing its recommendation for the proposal by Castlelake.

wsj.com - 2026-07-10 02:58:00

A bidding war has broken out for EasyJet, the British low-cost airline, with the second American private-equity bid.

marketwatch.com - 2026-07-10 02:40:00

EasyJet shares hit a new 52-week high on Monday. The low-cost airline on Sunday agreed in principle to an improved takeover bid from U.S. private equity outfit Castlelake.

cnbc.com - 2026-07-06 03:43:40

The latest proposal—the fifth from Castlelake—stands at £6.90 a share. This is up from a previous proposal of £6.50 a share.

wsj.com - 2026-07-06 00:01:00

Investors have continued to unwind bearish bets against European airlines over the past month, according to Citi. The bank published fresh positioning data, drawn from its quantitative team, showing how investors are betting on the sector.

proactiveinvestors.co.uk - 2026-07-02 09:36:50

EasyJet (EJTTF) has rejected three takeover approaches from Castlelake LP as the investment firm moves to take its latest proposal directly to shareholders. Cas

gurufocus.com - 2026-06-23 14:04:00

EasyJet and its investors ‌are holding out for at least £600 million ($794.46 million) more from U.S. suitor Castlelake, the Financial ​Times reported on Monday, citing leading shareholders ​and people with knowledge of the ⁠talks.

reuters.com - 2026-06-22 14:08:33

The investment firm urged shareholders to consider the offer as it seeks to take budget airline private.

wsj.com - 2026-06-22 02:50:00

We believe the recent Castlelake approach has highlighted a disconnect between easyJet's market valuation and the value of its underlying assets. EJTTF's market capitalization remains well below reported book value despite ownership of valuable airport slots, a substantial fleet, and a strong position in European short-haul aviation. Passenger volumes rose 6% and load factors neared 90%, driven by resilient demand and not aggressive discounting, despite headline losses.

seekingalpha.com - 2026-06-12 16:55:59

Air France-KLM may not be in the EasyJet (EJTTF) bidding race today, but CEO Ben Smith just left the door open. Smith said he would take a call from Castlelake

gurufocus.com - 2026-06-08 14:59:00

In an interview at the IATA annual meeting in Rio de Janeiro, Air France-KLM CEO Benjamin Smith said the airline may need to raise ticket prices to compensate for rising fuel costs sparked by war in the Middle East. The carrier is also looking to reopen routes to the region when it's safer.

youtube.com - 2026-06-08 11:23:01

Shares in easyJet PLC (LSE:EZJ) climbed 3.5% after Citi estimated that the airline's aeroplane fleet could be worth double the recent share price. The US investment bank said the company's aircraft assets should help underpin the share price as takeover speculation continues, following the Castlelake announcement that it was exploring a potential bid.

proactiveinvestors.co.uk - 2026-06-02 08:46:53

British budget ​carrier easyJet ‌said on ​Monday ​it had not ⁠received ​any takeover ​approach from U.S.-based ​investment ​firm Castlelake, L.P., ‌after ⁠the investor said it ​was ​considering ⁠a ​possible offer.

reuters.com - 2026-06-01 02:08:10

U.S.-based investment firm Castlelake, L.P. ​on Friday said ‌it is in early stages of considering ​a possible offer ​for British budget carrier ⁠Easyjet.

reuters.com - 2026-05-29 14:56:22

easyJet plc (ESYJY) Q2 2026 Earnings Call Transcript

seekingalpha.com - 2026-05-25 15:37:08

easyJet plc (ESYJY) Q2 2026 Earnings Call Prepared Remarks Transcript

seekingalpha.com - 2026-05-23 00:30:44

The FTSE 100 Index has been muted in the past few weeks despite major developments in the UK, including the ongoing political crisis in which Keir Starmer is fighting for his political survival. It also reacted mildly to the recent corporate earnings and Bank of England decision.

invezz.com - 2026-05-15 05:10:29