plots

US-based investment firm Castlelake confirmed it is in the ‘early stages’ of weighing up a potential takeover offer for budget airline easyJet following recent speculation

A major investment firm has issued a statement and said it is considering a possible takeover bid for easyJet.

US-based Castlelake confirmed it is in the “early stages” of weighing up a potential offer for the budget airline following recent speculation.

The company stressed that “no approach has been made to the Board of easyJet” and warned there was “no certainty” that a bid would actually happen. Under takeover rules, Castlelake now has until June 26 to either announce a firm intention to make an offer or walk away.

The development comes just days after easyJet insisted it still plans to operate its full summer schedule despite fears over aviation fuel supplies linked to the Iran war.

EasyJet chief executive Kenton Jarvis said the airline had seen “absolutely no issues with fuel supply” at airports across the UK and Europe.

He told the BBC Today programme: “We’ve seen absolutely no issues with fuel supply at any of our airports in the UK, across Europe, or indeed beyond. We stay in very close contact with our fuel suppliers, airports, governments, and they are equally raising no issues looking forward.

“What is true is obviously there’s a lot less oil coming from the Gulf region, but fuel suppliers have successfully diversified with production increased in Norway, in West Africa, in the Americas. Refining capacity for jet fuel has also increased substantially outside of the Gulf region.”

The airline recently reported losses of £552 million for the first half of its financial year – a 40% increase compared with the previous year. Despite the losses, easyJet said demand for the summer holidays remains strong, with travellers continuing to book trips closer to departure dates.

Mr Jarvis said: “Demand seems to be very strong in what we call the late market. As we ran through April, demand was very strong for the month of April. We’re seeing it again in May.

“But as you look further out, people are more cautious. People are waiting and watching, but they are booking as as you approach, and I expect that strong late booking market to run through the summer.”

The airline has also faced disruption linked to the EU’s new biometric border checks. Mr Jarvis described delays caused by the entry-exit system as “completely unacceptable”.

“I’d encourage all the European countries is to use the flexibility that’s been given to them by the European Commission, that they can phase the introduction of this if they see queues in peak times,” he said.

“They can go back to normal border force control with stamping of passports, so they should use this.”

Jimmy Bullard, described as “a massive joker”, is set to reunite with Adam Thomas for the live I’m a Celebrity…Get Me Out of Here finale months after that bust-up

Jimmy Bullard is said to be plotting his “ultimate sweet revenge” on Adam Thomas ahead of the live I’m a Celebrity…Get Me Out of Here finale tonight.

ITV bosses are understood to be nervously counting down to the reunion amid uncertainty over what might unfold between Bullard and Thomas, whose bust-up in scenes that aired this week was described as the programme’s biggest ever row. It is reported Bullard, 47, remains “seething” over the argument, which happened several months ago as the I’m a Celeb spin-off is pre-recorded until the final.

But sources believe the former professional footballer is ready to give his version of events tonight. One insider said: “Jimmy is a larger-than-life character with a wicked sense of humour and will be revelling in the opportunity to make everyone sweat.

“He’s a massive joker, so they don’t know what he’s going to say or do in the live final. He is also not afraid to say exactly what he thinks — and that means he won’t be toeing ITV’s line… It’s the ultimate sweet revenge.”

READ MORE: ITV I’m A Celeb vote open as winner ‘revealed’ – and it’s not Adam ThomasREAD MORE: Huge I’m A Celeb ‘rupture’ in camp revealed by host Dec Donnelly

Adam, an actor who is in Waterloo Road, and Jimmy clashed on the show as they teamed up for a Bushtucker Trial which would end with the losing duo being sent home. Former Fulham midfielder Jimmy quit the challenge and, in an angry confrontation, Adam raged at him: “You’re taking the p***!”

Campmates, including Harry Redknapp and Craig Charles, will now gather for the last time in tonight’s programme. Despite the row, Adam was allowed to remain in the camp and so battles to win the competition tonight.

But it will be the first time the former Emmerdale star comes face to face with his rival since the bitter spat, recorded last autumn. It was unclear whether dad-of-two Jimmy would attend the series finale because he remains so furious over the edit of his dramatic clash with Adam. Boxer and fellow campmate David Haye had said in an interview: “It was a lot more intense.”

ITV, though, insists what viewers saw was an accurate and fair representation of events. It also denied wild claims Adam attempted to kick Jimmy. A spokesperson had told the Mirror: “This is categorically not true. Adam did not try to kick Jimmy.”

While Adam, from Manchester, was visibly angry over Jimmy’s decision and he did kick a door in the trial area, it was said to be “nowhere near” his co-star, and was included in the broadcast this week.