EasyJet PLC (LSE:EZJ) said it has not held any discussions with Castlelake and has received no approach from the investment firm, after the US private equity firm disclosed on Friday that it was considering a possible offer for the airline. The FTSE 100-listed budget carrier said its board "will consider any proposal, should one be made", but stressed it would focus on both valuation and deliverability.
easyJet LON: EZJ reported a wider first-half loss for the period ended March 31, 2026, while management said the airline is responding to Middle East-related volatility, higher fuel prices and softer forward bookings from a position of balance sheet strength.
EasyJet PLC (LSE:EZJ) posted a wider first-half loss as the Iran war led to higher fuel costs and reduced visibility into summer bookings, offsetting improvements in passenger numbers and its holidays business. The budget airline said forward bookings had slowed since the escalation in Middle East tensions, with customers booking closer to departure dates than normal.
EasyJet PLC (LSE:EZJ) first-half losses are likely to widen as fuel costs were ratcheted up by the war in the Middle East, offsetting what it said was strong demand for flights and holidays. The budget airline said it would report a headline pre-tax loss of £540 million to £560 million for the six months to March, up from the headline loss of £394 million a year ago.
easyJet PLC (LSE:EZJ) has emerged as the most compelling buy opportunity among European airline stocks following a broad sector sell-off, with its shares now trading close to the valuation lows last seen during the 2008 global financial crisis. The low-cost carrier's price-to-book ratio, a measure that compares a company's share price to the net value of its assets, has fallen to levels that historically have marked extreme stress points for the stock, suggesting much of the bad news is already reflected in the price.
easyJet PLC (LSE:EZJ) shares rose 1% to 489.6p after Citi upgraded the stock to ‘Buy', citing a clearer path to earnings recovery and improved capital returns from 2027 onwards. Analysts said easyJet's margins are expected to bottom out in the current financial year to September 2026, with attention now shifting to FY27, when a refreshed fleet is set to bolster its core airline operations.
EasyJet PLC (LSE:EZJ) reported winter losses that were larger than last year's and worse than expected, but after its strongest-ever bookings in January has stuck to its full-year outlook, saying demand for both flights and package holidays remains strong. The airline reported a headline loss before tax of £93 million for the three months to the end of December, deeper than the £61 million loss in the same period last year and the City analyst consensus of £83.6 million.
easyJet PLC (LSE:EZJ)t has been downgraded to 'sell' from 'hold' by Deutsche Bank, with the broker cautioning that the airline is heading into another year of relative underperformance amid stubbornly competitive short-haul markets. Deutsche Bank said intra-European seat capacity grew by just over 4% last summer, broadly in line with its expectations, and while growth is forecast to slow modestly in 2026, it will remain sufficient to cap pricing power.
easyJet PLC (LSE:EZJ) is pitched as an 'outperform' rated stock over at RBC Capital Markets, with analysts describing the travel operator's stock as offering "growth at a reasonable price". It comes despite a minor cut to the broker's FY26 profit forecasts.
easyJet PLC (LSE:EZJ) told investors it has completed software updates on part of its Airbus A320 fleet after a global directive issued by Airbus, on November 28. The airline said safety remained its priority and it worked with regulators and Airbus to confirm the required actions.
EasyJet PLC (LSE:EZJ) beat profit expectations for the past year as a decline in revenue per kilometre flown was arrested, a trend that the budget airline expects to continue in its new financial year. The FTSE 100-listed group reported a 9% increase in headline profit before tax to £665 million for the year to 30 September 2025, with EBIT up 18% to £703 million, above the £669.37 million analyst consensus from LSEG.
The easyJet share price (LON:EZJ) has faced further turbulence after a solid Q3 update was overshadowed by a drop in the airline's near-term outlook. Consequently, the stock has dipped back below 500p – but there's reason to believe the shares can fly again.