Flag carrier of Malaysia, part of Malaysia Aviation Group
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.
The Daily Mail and Mail on Sunday have won a high court ruling in their legal battle over alleged unlawful information gathering. Seven claimants, including Prince Harry and Doreen Lawrence, have lost their cases, with bills potentially reaching around £50 million. The decision highlights ongoing tensions between the press and public figures.
The Pan Am Clipper Endeavor has been located deep in the Atlantic. Investigators say the 1952 disaster prompted preflight safety briefings and flotation equipment requirements. The 69 people aboard survived the initial ditching, but 52 died in the water. Modern exploration partners are highlighting how the find reinforces aviation-safety progress and memory for families.
A Malaysian airline pilot has been arrested at Jakarta’s Soekarno-Hatta airport after arrival from Kuala Lumpur. Authorities say the officer, identified by initials MS (or MSO in some reports), is connected to a haul of more than 70,000 ecstasy pills and methamphetamine found in his luggage. Drug tests indicate impairment during the flight; Malaysia Airlines is conducting an internal review.