AFP6 Jul, 2026 12:35 AM3 mins to readEasyJet losses rose 27% to £377m after war in the Middle East lifted fuel costs. Photo / Getty ImagesEasyJet losses rose 27% to £377m after war in the Middle East lifted fuel costs. Photo / Getty ImagesBritish budget airline EasyJet says it has reached an agreement in principle for a takeover by US private equity firm Castlelake after receiving a new beefed-up proposal valuing the company at more than £5 billion ($11.7b).
The EasyJet board said Castlelake’s fifth proposal was for £6.90 per share, which they
