French-Dutch airline group led by Air France and KLM, parent of Transavia; main hubs Paris CDG/Orly and Amsterdam Schiphol.
The IATA predicts a sharp drop in airline profits for 2026 as fuel prices soar and airspace restrictions persist amid Middle East tensions. Airlines are raising fares, cutting routes and trimming schedules while demand remains resilient for now.
Castlelake has publicly unveiled a third 625p-a-share offer for easyJet, arguing it offers compelling value. EasyJet has rejected the bid as opportunistic and undervalued, and Castlelake is taking the proposal to shareholders ahead of the Takeover Panel deadline. Several caveats about EU ownership structure and regulatory hurdles accompany the stake expansion.