EasyJet Q3 profits slide as Iran war raises fuel costs, dents consumer confidence

23rd Jul 2026 07:33

(Sharecast News) - EasyJet reported a drop in third-quarter profit on Thursday as it took a hit from high fuel prices and a reduction in consumer demand following the onset of the Middle East conflict.

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EasyJet bids under threat as EU to review airline ownership rules, shares tank

22nd Jul 2026 14:38

(Sharecast News) - EasyJet tanked on Wednesday following a report the European Union is preparing a review of airline ownership rules to prevent foreign investors from gaining effective control of carriers - a move that could threaten US bids for the budget airline.

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Castlelake out of the running as easyJet agrees £5.7bn takeover by Apollo

10th Jul 2026 07:40

(Sharecast News) - A bidding war emerged on Friday as EasyJet said it has agreed to be taken over by private equity firm Apollo in a £5.7bn deal which trumps an earlier proposal by Castlelake.

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EasyJet accepts sweetened £5.5bn offer from Castlelake

6th Jul 2026 07:13

(Sharecast News) - Budget airline easyJet on Monday said it planned to accept a £5.5bn takeover offer from US private equity firm Castlelake.

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EasyJet rejects sweetened £4.9bn takeover approach

25th Jun 2026 08:01

(Sharecast News) - EasyJet has rejected a fresh £4.9bn approach from US suitor Castlelake, the budget carrier confirmed on Thursday, but agreed to enter discussions.

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EasyJet rejects Castlelake's 625p pre share bid

22nd Jun 2026 08:22

(Sharecast News) - Budget airline EasyJet has rejected Castlelake's third and highest non‑binding proposal as the private equity firm urged shareholders to consider the terms ahead of the 26 June "put‑up or shut‑up" deadline.

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JPMorgan says easyJet suitor Castlelake is 'credible'; highlights stumbling blocks

1st Jun 2026 09:17

(Sharecast News) - JPMorgan said in a research note on Monday that Castlelake is "credible" after the US investment firm confirmed it is in the early stages of considering a takeover offer for easyJet, but that no approach had been made.

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EasyJet says bid from Castlelake would be 'highly opportunistic'

1st Jun 2026 07:31

(Sharecast News) - EasyJet said on Monday that it is not in talks with Castlelake after the US investment firm announced late on Friday that it was in the early stages of considering a possible offer for the budget airline.

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EasyJet posts widening of first-half losses, in line with guidance

21st May 2026 07:47

(Sharecast News) - Budget airline easyJet reported a widening of its first-half losses on Thursday, in line with guidance, as it said its performance so far in the second half has been hit by higher fuel costs due to the Middle East conflict, and lower forward visibility.

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RBC Capital Markets lowers target price on EasyJet following H1 update

17th Apr 2026 07:49

(Sharecast News) - Analysts at RBC Capital Markets lowered their target price on budget carrier EasyJet from 440p to 415p on Friday as a result of lower expected revenues and a further 6% increase in fuel costs.

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EasyJet warns of wider losses due to higher fuel costs

16th Apr 2026 07:36

(Sharecast News) - Low-cost airline easyJet on Thursday said it expected to post a wider first-half loss as the war on Iran and Lebanon sent fuel prices soaring.

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Citi upgrades EasyJet to 'buy'

11th Feb 2026 09:40

(Sharecast News) - Analysts at Citi upgraded budget carrier EasyJet to 'buy' on Wednesday, pointing to "an easing path on the horizon".

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EasyJet reiterates outlook on robust demand

29th Jan 2026 07:01

(Sharecast News) - EasyJet reiterated its full-year guidance on Thursday, on the back of robust first-quarter sales and growing demand for summer holidays.

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EasyJet reiterates outlook on robust demand

29th Jan 2026 07:01

(Sharecast News) - EasyJet reiterated its full-year guidance on Thursday, on the back of robust first-quarter sales and growing demand for summer holidays.

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Wizz, easyJet complete software updates on Airbus A320s without disruption

1st Dec 2025 07:21

(Sharecast News) - Budget airlines easyJet and Wizz said they had completed software upgrades to their fleets of Airbus A320 planes over the weekend without any cancellations after a warning from the manufacturer on Friday that solar radiation could interfere with onboard computers.

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