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EasyJet Sold to US Firm Apollo for £5.7bn

EasyJet Sold: A New Era for Europe's Largest Airline? EasyJet's £5.

7bn takeover by US firm Apollo has sent shockwaves through the aviation industry, leaving many to wonder what this means for the future of one of Europe's largest airlines.

Founded in 1995 by Sir Stelios Haji Ioannou with a simple yet effective business model – offering cheap air fares to Europe from the UK – EasyJet has come a long way since its humble beginnings.

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