EasyJet agrees to £5.7bn takeover by US firm - BBC News
The no-frills carrier agrees to be bought by US firm Apollo after a rival suitor drops out.
Image source, Getty ImagesPublished6 August 2026, 15:21 BSTUpdated 21 minutes agoEasyJet has agreed to be taken over in a £5.7bn deal by US firm Apollo.
The deal was announced after rival suitor Castlelake said it was dropping out of the bid battle for the no-frills airline.
EasyJet is one of Europe's largest airlines. It employs more than 19,000 people, and flies around 1,200 routes across 35 European countries.
It was founded by Sir Stelios Haji-Ioannou in 1995 to offer cheap air fares to Europe from the UK.
Its first flights took off in November 1995 flying from Luton to Glasgow and Edinburgh, with its first international flights the following year.
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