easyJet slides with Castlelake offer deadline looming and fuel pressures
easyJet shares slipped 0.5% to around 503p in London Wednesday, paring Tuesday’s gains amid bid speculation and a weaker UK market. Castlelake faces a June 26 deadline to make a formal offer above 403.23p per share. easyJet reported a £552 million first-half loss, with revenue at £3.95 billion and passenger numbers up 6%. Jet fuel prices remain a key risk, having surged over 80% since February.