Castlelake taking easyJet private could give management greater flexibility by reducing the pressure of public markets and quarterly reporting, Interactive Investor's Victoria Scholar says in a research note. Castlelake's experience in aircraft leasing and airline investments, together with easyJet's valuable landing slots at major airports such as London Gatwick, makes the acquisition strategically attractive, the analyst says. Scholar also believes the bidder is seeking to capitalize on recent weakness in the aviation sector, with easyJet's shares pressured by higher fuel costs, geopolitical disruption and weaker performance than some rivals. However, she cautions that regulatory approvals, particularly EU ownership requirements, remain a key hurdle before any deal can be completed. Shares trade 9.7% higher at 612.4 pence. (nina.kienle@wsj.com)