Apollo Global Management opts for aircraft financing for £3.5B EasyJet acquisition

EasyJet: EasyJet is a prominent European low-cost airline with a large fleet of aircraft. It is the target of an acquisition by Apollo Global Management, which is backing the deal with a multi-billion pound debt package. Apollo Global Management: Apollo Global Management is a major global alternative asset manager focused on credit, private equity, and real assets. The firm recently agreed to acquire the European low-cost airline EasyJet and is structuring the related debt financing around aircraft assets rather than high-yield bonds. Market Developments: Multiple new specialized aviation lending platforms launched in 2026, expanding options for asset-backed deals in the sector. Aviation Financing Trends: Abundant liquidity and competition among lenders have kept aircraft financing margins under pressure in recent months.