EasyJet said interest from US-based investment firm Castlelake emerged as its shares came under pressure over the Iran conflict's impact on fuel costs and travel demand

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