Tag: rescue loan

Condor Cleared to Reshape as Receives a €380 Million Rescue Loan

Reading Time: < 1 minute The European Commission has approved plans to grant a €380 million loan to Condor, the German leisure airline and subsidiary of the now defunct Thomas Cook Group. Even after the insolvency of a parent group, Condor continued its flight operations according to the plan. Thus, the airline is interested in saving its “healthy business” and […]