EasyJet (LON: EZJ) is set to be acquired by US private equity group Apollo for £5.7 billion after rival bidder Castlelake withdrew from the takeover battle.
easyJet Profit Falls 70% as Middle East Conflict Hits Fuel and Bookings
easyJet PLC (LON: EZJ) reported a 70% fall in third-quarter profit as the Middle East conflict pushed up fuel costs and weighed on booking demand.
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(Alliance News) – Stocks in London are set to open lower on Monday, ahead of incoming UK prime minister Andy Burnham entering 10 Downing Street, and following further fighting in the
easyJet Backs £7.15 Apollo Proposal Over Castlelake Approach
easyJet plc (LON: EZJ) has reached agreement in principle with Apollo on the key financial terms of a possible cash offer valuing the airline at approximately £5.7 billion. Under the
easyJet and Castlelake Agree Key Terms of Possible £6.90 Cash Offer
easyJet plc (LSE: EZJ) has confirmed that it has reached an agreement in principle with Castlelake, L.P. on the key financial terms of a possible recommended cash offer for the
easyJet rejects improved £6.50-a-share takeover approach
easyJet (LON: EZJ) has rejected an improved takeover proposal from US private equity firm Castlelake, although the airline has agreed to provide limited access to commercial information in the hope of
easyJet Rejects Third Castlelake Takeover Approach
EasyJet (LON: EZJ) has rejected a third takeover approach from private equity firm Castlelake, setting the stage for a potential showdown with shareholders as the bidder considers its next move
CMA Investigates Ryanair Over Family Seating Charges
Ryanair is facing an investigation by the UK’s Competition and Markets Authority (CMA) over concerns that families may be forced to pay extra fees to ensure children sit alongside their
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(Alliance News) – Ryanair Holdings PLC (0A2U) is being investigated over charging parents to sit with their children on flights. UK competition watchdog the Competition & Markets Authority said it
Ryanair expands Prestwick maintenance facility with £40m investment
Ryanair Holdings PLC has announced a £40 million expansion of its maintenance facility at Prestwick Airport, creating 450 new skilled jobs, including 60 apprenticeships.
Wizz Air Warning Triggers Sector Downturn Amid Middle East Uncertainty
Budget airline Wizz Air Holdings PLC has issued a significant profit warning that has reverberated across the aviation sector, citing ongoing disruption from Middle East geopolitical tensions. The warning represents
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The Independent: £25bn Heathrow expansion plan could mirror ‘world’s best airport’ in Singapore. Arora Group and Heathrow’s owners both recently submitted plans to the Department for Transport for a third runway