EasyJet’s latest results showed third-quarter profit plunged as the Middle East war drove up jet fuel prices. (EasyJet pic)LONDON: EasyJet shareholders on Wednesday overwhelmingly backed a takeover by US private equity firm Apollo, as the British airline's boss insisted its fares would remain "affordable" amid soaring fuel costs.
A total 97 % of voting shareholders were in favour of the £5.7-billion (US$7.6-billion) takeover, no-frills carrier EasyJet said in a statement.
The takeover, which the companies hope to finalise in early 2027, must still be approved by regulators.
Speaking following Wednesday's vote, EasyJet chief executive Kenton Jarvis told an industry event in London: "When we think about our strategy and our purpose of making low-cost travel easy, affordable and accessible for as many people as possible, then that will remain the purpose of EasyJet.
