easyJet Group expects its GBP5.7 billion pound (USD7.5 million) takeover by US private equity firm Apollo Global Management to be finalised early 2027, CEO Kenton Jarvis said in a Bloomberg interview on the sidelines of the Airlines for Europe meeting in Brussels on October 8, 2026.

"I don't see a real barrier from shareholder sentiment," Jarvis said, adding the airline would have to "wait and see" about the regulatory approval.

Apollo agreed in August 2026 to acquire easyJet after rival bidder Castlelake withdrew from the process. The scheme document is due to be published on October 15.

The transaction will see easyJet retain its existing name, while founder Stelios Haji-Ioannou, whose family holds a 15.3% stake, will have a board role following completion, Jarvis said.

As a US-controlled entity, Apollo must structure the transaction to comply with UK and European ownership and control requirements governing easyJet. The deal terms provide for those requirements to be met.

Meanwhile, rising fuel costs are prompting easyJet to reduce capacity by up to 700,000 seats this winter, Jarvis said. He warned that a further increase in fuel prices would result in higher fares.