The Insider Brief — Monday 22 June 2026
easyJet rejects Castlelake's £4.74bn bid. Emirates restores double-daily Beijing service. Singapore Air eyes yuan bonds.
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The Insider Brief — Wednesday 24 June 2026
AirAsia confirms its London Gatwick route relaunches in August as fuel costs ease and fares fall. Turkish Airlines brings back premium economy in 2028 on A350s. The FAA awards an $875m AI airspace contract to startup Air Space Intelligence.
AirAsia X cancels A330-900 order and commits to narrowbody
AirAsia X has cancelled its remaining 15 A330-900 orders by mutual agreement with Airbus, confirmed 17 June, formally ending a widebody programme that once stood at 100 aircraft and completing the group's shift to an all-narrowbody long-haul strategy.
Castlelake goes public with £4.74bn easyJet bid
Castlelake has gone public with a £4.74bn ($6.21bn) all-cash proposal for easyJet after the board rejected three offers. A Takeover Panel deadline of 5pm Friday 26 June forces a decision within days.
Record airline profits still fall short of capital cost
IATA forecasts a record $41bn airline profit for 2026. The same forecast shows the industry earning 6.8 per cent on invested capital against an 8.2 per cent cost of capital. A Pro analysis of the gap nobody explains.