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EasyJet’s Make-or-Break Bid Deadline | Dublin News
Description
EasyJet’s future hangs in the balance as two bidders, Apollo and Castlelake, race to finalize a deal by Friday at 5 PM — with Apollo’s €6.7 billion bid favored by the board despite Castlelake’s earlier offer. Amid soaring fuel costs, plummeting profits, and flat passenger numbers, EasyJet faces a make-or-break moment that could reshape Europe’s low-cost airline market — especially as rivals like Ryanair eye consolidation. The world is watching to see if this bidding war ends in a merger or leaves EasyJet standing alone.
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