EasyJet Agrees ‘In Principle’ To Latest Castlelake Bid

easyjet jet on the tarmac
Credit: Thomas Roell/Getty
EasyJet’s board said it has agreed in principle to the improved financial terms of the latest bid from U.S. investment firm Castlelake. The board requested a new deadline of Aug. 3 for a firm offer, in a move that paves the way for a deal that could significantly change the European LCC landscape...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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