After four failed bids, Castlelake gains ground on easyJet
The new offer at 6.90 pounds a share represents a 73% premium to easyJet's closing price on May 29, when Castlelake disclosed its interest in the airline...
Category : Aviation
Boost for Airbus as it secures widebody orders from SAS, China Eastern
Airbus has also secured a financing package from the European Investment Bank to support its aerospace R&D through 2030...
EasyJet rejects Castlelake’s takeover attempt, demands ‘more attractive proposal’
While rejecting Castlelake's fourth bid, easyJet's board unanimously accused the American firm of attempting to undervalue the airline...
Backed by former easyJet veteran, Castlelake launches fourth bid for airline
Castlelake's 6.25-pound-per-share proposal represents a premium of about 57% to easyJet's share price of 3.94 pounds on May 29...
Global air travel demand to see a moderate 2026, says IATA
As per the IATA, the industry-wide revenue passenger kilometres (RPK), a key measure of passenger demand, will grow by 2.1% in 2026...
Castlelake eyes possible takeover of budget carrier easyJet, may rope in MSC
While easyJet has called the Castlelake's offer "highly opportunistic", analysts say the company's low valuation, key airport slots and stable fleet make it a prime takeover target...
IF Insights: Airlines face grounding risk as Iran war pushes jet fuel price higher
As per industry executives, even if the Strait of Hormuz reopens, cost impact on jet fuel will persist due to reduced refining capacity in the Middle East...
Boeing CEO gives updates on 737 production, certification timelines
The 737 production, since January 2024, has run into consistent headwinds after a midair panel blowout on a 737 MAX revealed quality problems...
Despite Iran headwinds, Qatar Airways finishes 2025/26 on a high
The airline carried more than 41.8 million passengers, maintaining extensive global connectivity through the Hamad International Airport...
Africa’s air travel booms despite global disruptions due to Iran war
As per the African Travel & Tourism Association (ATTA), 70 non-African countries are expected to operate direct flights to the continent during 2026...