US private equity firm Apollo enters bidding war for easyJet with £5.7bn offer
US private equity firm Apollo has made a £5.7bn offer for easyJet, prompting the airline’s board to withdraw support for a competing Castlelake bid worth £5.5bn.
US private equity firm Apollo has made a £5.7bn offer for easyJet, prompting the airline’s board to withdraw support for a competing Castlelake bid worth £5.5bn.
Delta Airlines reports record quarterly profits and expects elevated airfares to persist despite recent oil price declines, citing strong travel demand and consumer willingness to pay higher fares.
Fifteen Indian tourists died when a speedboat capsized off southern Vietnam last week. The remains were being returned to India, with survivors in critical condition receiving specialized treatment.
A passenger on a Ryanair-Air Malta flight was nearly pulled out through a broken window at 16,000 feet after the right engine failed, but his seatbelt and body size helped keep him inside the aircraft.
Airbus plans to test folding wings on its bestselling A320 aircraft family starting in the second half of next year to address airport capacity constraints while improving fuel efficiency.
One year after Marriott’s $355 million acquisition of CitizenM, the brand reports positive commercial results, with increased distribution and new guests accessing the hotels through Marriott Bonvoy loyalty membership.