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.
Back in January, Poland’s state-backed Polish Aviation Group (PGL), which owns Lot, was announced as "strategic investor" for Condor and promised the airline’s future was "fully secured".
