Air Berlin’s Takeover Of Condor Has TUI, Lufthansa Scrambling

Credit: COLOGNE/BONN AIRPORT
Lufthansa and TUI are forced to reconsider their strategic options following last month’s surprise deal involving Air Berlin, Condor and Thomas Cook group. Under the arrangement, Air Berlin will take control of Condor in two steps in 2009 and 2010, while Condor majority owner Thomas Cook will be...

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