easyJet U27938 emergency lands; Castlelake deal spread sticks around 12% as aircraft availability watched
easyJet plc put its recovery plans in focus Monday as flight U27938/EZY7938 from Copenhagen to Amsterdam declared an emergency and diverted to Hamburg. The incident hit just hours after the airline’s board edged nearer to supporting a £5.5 billion buyout from U.S. aviation investor Castlelake. AIRLIVE reported the Airbus A319-111, registration OE-LQP, hit 34,000 feet before the crew made a rapid descent, switched the transponder to Squawk 7700, and diverted to Hamburg. The report still didn't state a cause. The plane landed on runway 23 in Hamburg at 13:53 CEST, met by emergency vehicles. The airline later said it was working on plans to resume the trip, but more maintenance was needed.