• easyJet's board recommends Apollo Global Management's £5.7 billion takeover offer.
• The deal marks easyJet's exit from the London Stock Exchange.
• Apollo supports easyJet's current corporate strategy, including fleet modernisation and expansion of easyJet Holidays.

The acquisition may signal a shift in the European airline industry towards private equity ownership, which could lead to changes in strategic incentives and capital allocation decisions. Apollo's investment may indicate confidence in easyJet's business model and growth potential, but the airline's long-term sustainability under private equity ownership remains uncertain.