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Image header Agence Europe
Europe Daily Bulletin No. 13629
ECONOMY - FINANCE - BUSINESS / State aid

European Commission approves German State aid of €321.2 million for Condor airline

On Monday 28 April, the European Commission authorised a further €321.2 million of German restructuring aid for the German charter airline Condor, after taking into account a ruling by the European General Court in May 2024 which annulled a decision to this effect made in July 2021 (see EUROPE B13407A20).

As explained in a statement, Condor had to file for insolvency in September 2019 due to its parent company, the Thomas Cook group, going into liquidation.

In July 2021, the Commission...

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