EasyJet is Europe’s second largest ultra low cost carrier, and also Europe’s second largest individual airline brand (after Ryanair, by both metrics). In recent weeks, we’ve known that US investment firm Castlelake was looking to buy the airline and take it private.
While EasyJet’s board rejected the initial takeover offers, they finally got an offer they agreed to, so a deal may very well move forward. However, it’s far from a sure bet, and the big question remains, why exactly is Castlelake so interested in acquiring EasyJet?
Now, there are still three major hurdles:
A great solo travel tip spotted this week on One Mile at a Time.
