No-frills airline easyJet has dismissed a takeover approach from a US investment firm as "highly opportunistic" as shares in the budget airline jumped as much as 13% this morning

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