Campaign Business Media Brand of the Year 2020
Travel Media Awards Trade Publication of the Year 2020 - Print & Online
Topics
Join TTG+
Travel Industry Jobs
Apply for travel industry jobs or place your own recruitment briefs.Travel Industry Jobs
Apply for travel industry jobs or place your own recruitment briefs.Former Cook carrier Condor set for further German state support
20 Apr 2020by James Chapple
Condor Web.jpg
The German government is set to tide former Thomas Cook Group carrier Condor over with more emergency funding after the owner of Poland’s national airline Lot pulled out of a deal to acquire Condor.
Reuters reports Condor’s €380 million German government bridging loan, agreed following Cook’s collapse last year to make time to help Condor find a buyer, will be extended by a further €200 million.
Condor, Reuters, reports confirmed on Monday (20 April) talks with the government were ongoing. Germany’s economic ministry declined to comment.
To continue reading...
Please log in below or join now for access.
For assistance contact support@ttgmedia.com
Recommended For You
Our Next Events
Virtual Luxpo
13 Apr 2021
TTG Seminar: Red, amber, green – but is it go for travel?
22 Apr 2021TTG+ members only
TTG Aussie Fest
10 May 2021Online
The Travel Industry Awards by TTG
30 Sep 2021Magazine London
