Germany’s Condor ends shield proceedings – announces the company is again financially healthy
While remaining an asset of the now defunct Thomas Cook Group, Condor Flugdienst GmbH (Condor) the German charter airline, has announced that it is once again a healthy company. On September 25, 2019 Condor obtained credit facilities of €380 million (US$460 million) while on December 19, 2019 “Schutzschirmverfahren” (protective shield proceedings) began under the Frankfurt […]