Tag: Condor

Condor renews fleet with Airbus A320neo family

German Airline Condor Flugdienst GmbH has selected the A320neo Family to modernize its Single-Aisle-fleet. The agreement will cover 41 aircraft, via lease and via direct purchase. The aircraft will be powered by Pratt & Whitney engines. “Following Condor’s earlier decision to order the...

Condor selects Airbus A330neo for fleet modernisation

German airline Condor Flugdienst GmbH has chosen the A330neo to renew its long-haul fleet with plans to introduce 16 aircraft of this new and more efficient type. The airline has signed an agreement with Airbus for the purchase of seven Airbus A330neo, and intends to lease a further nine. The ...

Condor: Federal government and Hessian state government pledge guarantee

Condor: Federal government and Hessian state government pledge guarantee

The German government and the Hessian state government have pledged their support to Germany's most popular leisure airline through a guarantee for a loan from the federal government's Corona Shield Programme. Condor will receive a loan of 294 million euros as corona aid as well as 256 million euro...

Creditors’ meeting approves Condor’s protective shield plan

Creditors’ meeting approves Condor’s protective shield plan

At today's creditors' meeting, 12th March, Condor's protective shield plan was approved by the majority. This represents a further milestone in the protective shielding proceeding. The future owner, the Polish Aviation Group (PGL), can thus take over the and the bridging loan, which has been grante...

Condor increases profit, passenger numbers and utilization

Condor increases profit, passenger numbers and utilization

Thanks to disciplined cost management, adjusted operating profit (EBIT) increased by 32.4 percent year-on-year to EUR 56.9 million. The number of passengers carried increased by 4.5 per cent to 9.4 million (+6.9 per cent). Despite the long summer of 2019, Condor posted stable revenue and a stable s...

Thomas Cook Group Airline with larger fleet in summer 2019

Thomas Cook Group Airline with larger fleet in summer 2019

The Thomas Cook Group Airline is taking delivery of two additional Airbus A321 aircraft - which will be added to the Condor fleet for the 2019 summer flight schedule. The aircraft will be in service for Thomas Cook Airlines UK from winter 2019/20 afterwards. The group airline recently announced t...

Thomas Cook to carry out strategic review, as it mulls selling airline unit

Thomas Cook to carry out strategic review, as it mulls selling airline unit

Travel company the Thomas Cook Group has today said it could put its airline business unit up for sale in a bid to raise more than £1 billion to pay down debt, according to reports. The company said it had begun a “strategic” review of the airline to “increase financial flexibility and acc...

Condor opens maintenance location at Düsseldorf Airport

Condor opens maintenance location at Düsseldorf Airport

Growth in Düsseldorf not only in the air but also on the ground as Condor - the second-largest airline at Düsseldorf Airport - will maintain its Airbus fleet in Düsseldorf via its subsidiary Condor Technik GmbH in the future. The first check of an Airbus A320 is currently taking place in Hanga...

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