Handelsblatt: Condor is negotiating with two investors

Boeing 767-300 (Photo: Jan Gruber).
Boeing 767-300 (Photo: Jan Gruber).

Handelsblatt: Condor is negotiating with two investors

Boeing 767-300 (Photo: Jan Gruber).
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According to a report by the Handelsblatt, the management of the vacation airline Condor is in negotiations with two investors. This could lead to a takeover of the former Thomas Cook subsidiary.

A spokeswoman confirmed to the newspaper: "We are in good, advanced talks about Condor's financing needs". However, the media officer did not provide any further details. The Handelsblatt bases its reporting on "several independent sources", but does not provide any further details.

In the previous year, the LOT parent company PGL wanted to buy the German holiday airline. The corona pandemic ultimately resulted in the deal not being closed. In autumn 2020 it became known that Condor had filed a claim for damages against the Polish state holding company. It is considered unlikely that PGL will again be among the interested parties, as LOT has high financial requirements due to the pandemic.

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Editor of this article:

René Steuer is an editor at Aviation.Direct and specializes in tourism and regional aviation. Before that, he worked for AviationNetOnline (formerly Austrian Aviation Net), among others.
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René Steuer is an editor at Aviation.Direct and specializes in tourism and regional aviation. Before that, he worked for AviationNetOnline (formerly Austrian Aviation Net), among others.
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Nobody likes paywalls
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Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

In doing so, you support the journalistic work of our independent specialist portal for aviation, travel and tourism with a focus on the DA-CH region voluntarily without a paywall requirement.

If you did not like the article, we look forward to your constructive criticism and / or your suggestions for improvement, either directly to the editor or to the team at with this link or alternatively via the comments.

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