Apollo snaps up Easyjet after Castlelake walks away Aviation Easyjet has agreed a £5.7bn takeover deal with Apollo after rival bidder Castlelake pulled out of the bidding process. In a joint announcement with the low-cost airline on Thursday, the American private markets juggernaut said it had “reached an agreement on the terms and conditions of a recommended cash acquisition”. The offer has the backing [...]
Easyjet extends window for another Castlelake bid Aviation Easyjet has extended the window for another takeover bid from asset manager Castlelake after its offer was usurped by investment giant Apollo last month. The budget airline said on Monday that it was still set to recommend the Apollo deal to shareholders, which values its stock at £7.15 per share, but would extend Castlelake’s deadline [...]
Passengers to foot bill for Heathrow third runway bidding process Aviation Heathrow will be allowed to pass the vast bill it has racked up preparing its third runway bid onto passengers, the aviation watchdog has said, in a ruling that promises to extend the airport’s position as the most expensive in the world. The Civil Aviation Authority judged that Heathrow Airport Limited (HAL) will be allowed [...]
Heathrow boss warns Burnham against Budget raid after hub’s tax bill doubles July 24, 2026 The boss of Heathrow has warned Andy Burnham against using business as a cash cow at his maiden Budget this autumn, after the airport’s tax bill more than doubled in the space of a year. Thomas Woldbye said the aviation sector is one of the most heavily taxed industries in Britain, and that uptick in [...]
World Cup demand pushes price of private jet charters up 30 per cent July 16, 2026 The price of chartering a private jet between some US cities has surged by up to 30 per cent due to “exceptionally strong demand” during the World Cup. Corporate groups, wealthy football fans and syndicates of supporters travelling together have turned to private charters in increasing numbers to navigate the biggest and most geographically dispersed [...]
Easyjet proves too tempting a bargain for gatecrasher Apollo July 10, 2026 Apollo has gatecrashed Castelake’s cut-price Easyjet bid – setting up a potential buyout behemoth battle for the skies, writes Ali Lyon, Stelios Haji-Ioannou, the colourful force behind London’s Easyjet, founded his low-cost carrier on a simple philosophy: promise travellers cheaper fares, and open up budget air travel for millions of customers who for decades had [...]
Easyjet agrees to £5.7bn Apollo takeover July 10, 2026 Apollo has agreed to buy budget airline Easyjet for £5.7bn in a shock deal that usurps an earlier bid from alternative asset manager Castlelake. Easyjet said on Friday that it was poised to accept an all-cash offer from the US investment behemoth valuing the airline at 714p a share, trumping the 690p a share bid [...]
Ryanair warns of ‘passport queue chaos’ with new EU border system July 3, 2026 Ryanair has warned the EU’s new biometric border system will cause “passport queue chaos” this summer and called on European governments to halt the rollout until after the busy travel season. The budget airline said the new system “is not ready” for the large volume of people travelling to Europe over the summer and urged [...]
‘Chaos’ – Aviation industry slams EU border checks as millions face summer holiday misery July 1, 2026 New EU rules have left Brits facing summer holiday chaos on an unprecedented scale, with five hour waits at passport control and thousands missing flights altogether. Now, a cluster of aviation industry groups has called on the trading bloc’s most senior official to suspend its new biometric border system, EES, whose botched rollout threatens to [...]
Gatwick expansion cleared for take-off, court rules June 23, 2026 Gatwick Airport moved a step closer to breaking ground on its eagerly anticipated expansion today after a court dismissed a pair of legal challenges brought by local campaigners. In a ruling, High Court judge Mr Justice Mould said the government’s assessment of the project’s environmental and climate impact was “lawful and reasonable” and branded the [...]