Easyjet said the takeover interest from Castlelake had "highly opportunistic timing" after its share price woes from the Iran war.

US-based investment firm Castlelake confirmed it is in the 'early stages' of weighing up a potential takeover offer for budget airline easyJet following recent speculation

Budget airline carrier Easyjet has drawn takeover interest from private credit firm Castlelake.

The budget airline said it is in a strong financial position