Condor is now a part of Polish Aviation Group, Polska Grupa Lotnicza (PGL), but will continue to be managed by its current leadership team.
The airline is part of PGL’s emerging leisure strategy, which specifically focusses on Germany.
“The acquisition of Condor fits perfectly into PGL’s strategy,” said Rafał Milczarski, president of the management board at PGL.
“It also secures the future of Condor and offers stability and great opportunities to its employees, customers and business partners.
“We want to develop Condor’s iconic brand in Germany and also introduce it to other markets in Europe.”