Apollo Global Management

EU plans review of airline ownership, risks EasyJet bids

The EU is preparing a review of airline ownership rules to ensure majority EU ownership and effective control, potentially complicating easyJet’s takeover bids by Apollo and Castlelake. The move has sparked share swings and could force private-equity deals to be restructured to satisfy regulatory control tests, as illustrated by past and ongoing implications for carriers like Ryanair and easyJet.