On Monday 29 July, the European Commission opened an in-depth investigation to assess whether a German €321.2 million restructuring measure in favour of Condor is in line with EU State aid rules.
The measure was initially approved by the Commission in July 2021 under the State aid Rescue and Restructuring Guidelines, but the Commission’s decision was subsequently annulled by the General Court’s judgment of 8 May 2024 (see EUROPE B13407A20).
Condor is a German charter airline.