EasyJet has synchronized the timelines for two potential suitors, Apollo and Castlelake, as the UK-based budget airline navigates a period of acquisition interest. Both investment firms, which have been granted access to the carrier's financial data for due diligence, must now submit a definitive offer or formally exit the bidding process by August 7. Previously, the companies operated under staggered schedules, but the airline requested and received approval to align the dates to streamline the ongoing negotiation.

According to FlightGlobal, the move follows a competitive bidding environment where the two firms have put forward disparate valuations. Following earlier attempts by Castlelake to secure a deal at approximately £6.90 per share, Apollo intensified the competition with a counter-proposal valued at £7.15 per share. While the carrier has engaged with both interested parties, it maintains a cautious stance regarding the likelihood of a finalized agreement. The airline has officially advised its shareholders to remain patient and avoid taking premature action while the evaluation process continues. As of now, EasyJet emphasizes that there is no guarantee that either proposal will culminate in a binding offer, leaving the future ownership of the airline in a state of speculative flux until the August deadline passes.