# Private Equity Firm Castlelake Eyes Taking EasyJet Private

_May 30 15:29_

Tags: Air France-KLM, British Airways, EasyJet, SAS, Castlelake, airline, credit card, safety & operations, industry news

Castlelake is considering taking EasyJet private, with options including selling to Air France-KLM or breaking up the carrier, potentially sparking further M&A interest

## Summary

The Financial Times reports that private equity firm Castlelake is considering taking EasyJet private. Castlelake previously managed SAS during its bankruptcy and subsequent sale to Air France-KLM. EasyJet's stock has dropped 75% from its peak. Potential outcomes include continuing operations, selling to another airline like Air France-KLM or British Airways, or breaking up the company. Analysts note the fleet value exceeds market cap. Castlelake's interest may attract other bidders

## Why it matters

Affects 4 airline programs (Air France-KLM, British Airways, EasyJet...). Card-issuer angle via Castlelake.

## Sources cited

- [LoyaltyLobby](https://loyaltylobby.com/2026/05/30/private-equity-eyeing-at-easyjet?omhide=true) — Private Equity Eyeing At EasyJet

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