LOT Owner PGL Drops Bid To Acquire Condor

aircraft
Condor currently operates none of its scheduled services because of the travel restrictions into and out of Germany.
Credit: Rob Finlayson
FRANKFURT—Polish Aviation Group PGL officially dropped its bid to buy German leisure carrier Condor amid the coronavirus crisis. PGL, which also owns LOT Polish Airlines among other aviation-related businesses, is under severe pressure to cut costs and has no interest in expanding. Condor is seeking...

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