European Commission approves $419 million loan for Condor

Credit: Condor
The European Commission (EC) cleared the way for a government-backed emergency loan granted to leisure carrier Condor, giving the company much needed financing for the winter season and more time to find a new investor. The EC said Oct. 14 it “found that the measure will help ensure the orderly...
Jens Flottau

Based in Frankfurt, Germany, Jens is executive editor and leads Aviation Week Network’s global team of journalists covering commercial aviation.

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