JavaScript Required

Jumpseat Aerospace News requires JavaScript to function. Please enable JavaScript in your browser settings to continue.

Apollo Agrees £5.7B Takeover of easyJet

August 7, 2026

2 min read

Key Takeaways

Apollo Global Management agrees to acquire easyJet for £5.7 billion.
The deal values easyJet at £7.15 per share, an 81% premium.
easyJet will be taken off the London Stock Exchange.
Castlelake will not bid, bound by Rule 2.8 restrictions.

Silver membership required Upgrade to Silver to access Key Takeaways.

Upgrade

Strategic Implications

This acquisition may signal a shift in the European low-cost carrier market, with Apollo's investment potentially leading to changes in easyJet's operations and strategy. The deal could also indicate a growing trend of private equity firms investing in the aviation sector, which may have implications for the industry's competitive landscape.

Silver membership required Upgrade to Silver to access Strategic Implications.

Upgrade

What Happened

Private Equity Firm Wins Bid for Low-Cost Carrier

Apollo Global Management has agreed to acquire easyJet in a £5.7 billion deal, valuing the low-cost carrier at £7.15 per share. The acquisition, which will take easyJet off the London Stock Exchange, comes after Castlelake confirmed it would not bid. easyJet’s board has unanimously recommended the scheme, with the founder and directors holding shares committing to vote in favor. The deal is expected to complete by the end of the first quarter of 2027, subject to shareholder approval and regulatory clearances. This development was first reported by AeroTime.

Source | Originally Published: August 6, 2026

Companies Mentioned