Recently, through a statement, the British low-cost airline EasyJet announced that it has accepted a preliminary agreement by the American private equity firm Castlelake for its purchase in an operation valued at 5,000 million pounds, about $6,700 million.

The EasyGroup-owned airline, founded in 1995 and whose majority shareholder is Stelios Haji-Ioannou, said in the statement that “Castlelake has stressed its enormous respect for EasyJet and its staff, as well as its intention to support its future growth and its transformation into a stronger and more resilient European airline,” it said, so they are motivated to continue with its offer.

According to the board, EasyJet expects its shareholders to accept Castlelake's proposal of £6.90 per share after having rejected four previous offers; In addition, the private equity firm must present the acquisition proposal publicly and formally before August 3.

Following the announcement of the agreement, EasyJet shares rose 10% on the London Stock Exchange and the airline commented in the statement that they are satisfied with Castlelake's offer, as it has proven to support EasyJet's fleet modernization program, which it considers fundamental to the company's long-term competitiveness, efficiency and sustainability objectives, he said.

With fuel prices skyrocketing, EasyJet has been one of the airlines affected, so agreeing to the deal with Castlelake would be beneficial, especially since the Minneapolis-based company leases a fleet of more than 300 aircraft to hundreds of international airlines and has assets of up to $37 billion.