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easyJet plc
Video analysis: EJTTF
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News: EJTTF
EasyJet faces $72 million lawsuit tied to stranded Airbus planes, FT reports
British budget airline easyJet is being sued for at least $72 million by an Irish unit of Russian state-owned aircraft lessor GTLK for unlawfully abandoning six Airbus planes after terminating their leases following sanctions, the Financial Times reported on Tuesday.
EasyJet flight attendants in France to go on strike on August 15-16, unions say
EasyJet flight attendant staff in France will go on strike on August 15 and August 16 to demand better working conditions, the SNPC-FO trade unions said in a statement on Wednesday.
Apollo agrees to buy UK airline EasyJet in $7.7 billion deal as Castlelake withdraws
EasyJet shares rose Thursday afternoon after Apollo Global Management said it would buy the U.K. airline after private equity rival Castlelake announced it was withdrawing its bid. Castlelake last month unveiled an improved offer for the London-listed carrier, which was swiftly followed by a larger bid from Apollo.
Castlelake walks away from easyJet pursuit amid bidding war
Castlelake said on Thursday it was no longer pursuing a takeover of easyJet , ending its months-long buyout attempt of one of Europe's biggest budget airlines weeks after a higher bid from rival suitor Apollo Global APO.N.
EasyJet reports sharp Q3 profit drop despite stronger summer demand
EasyJet reported a 70% year-on-year decline in fiscal third-quarter profit on Thursday. The airline said disruption from the Iran war had increased costs during the quarter.
Easyjet profits plunge 70% as Middle East conflict drives up fuel costs
EasyJet PLC (LSE:EZJ) reported a 70% fall in third-quarter profit as the Middle East conflict pushed up fuel costs and weakened booking demand. The low-cost airline, which has also been busy fielding takeover offers in recent weeks, posted headline profit before tax of £85 million for the three months to June, down from £286 million a year earlier.
EU to review airline ownership rules, threatening easyJet bids
The European Union is preparing a review of airline ownership rules to prevent foreign investors from gaining effective control of carriers, an EU official said, a move that could complicate U.S. bids for low-cost airline easyJet.
Baggage Claim: Apollo's $7.7 Billion Bid to Acquire easyJet
European budget aviation has spent the better part of the year navigating heavy turbulence. Rising jet fuel costs and geopolitical route disruptions have battered public valuations, pushing market sentiment toward distress levels.
