Founded in 1956, Condor Flugdienst GmbH is a German carrier operating passenger and freight services to destinations in Europe, Asia, Africa and North America. Following a merger with Thomas Cook Airlines UK, Thomas Cook Airlines Belgium and Thomas Cook Airlines Scandinavia in Oct-2013, the German carrier became an operating division of the Thomas Cook Group plc.
On 20-Sep-2019, Thomas Cook Group announced discussions with a range of key stakeholders and lending institutions to secure final terms on the recapitalisation and reorganisation of the group failed to reach an agreement. As a result, Thomas Cook's board concluded it has no choice but to enter compulsory liquidation. Thomas Cook confirmed that all the UK companies in its group have ceased trading, including Thomas Cook Airlines.
Condor stated its flight operations will continue despite Thomas Cook Group plc filing for insolvency. The German airline secured a commitment from the German government for a state-guaranteed, six month bridging loan of EUR380 million, which was subsequently approved by the European Commission.
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