condor
An EU court on Wednesday overturned the European Commission's approval of millions of euros in bailout money for the German airline Condor. "The commission should not have approved the restructuring aid at issue without initiating a formal investigation procedure," a press release from the European Union's General Court said. Germany got a green light from the commission in 2021 to give Condor €321 million ($345 million) for restructuring after parent company Thomas Cook went bankrupt. EU state aid rules require such bailouts to be approved by the commission. But rival budget airline Ryanair o...
DPA Breaking News
An EU court on Wednesday overturned the European Commission's approval of millions of euros in bailout money for the German airline Condor. "The commission should not have approved the restructuring aid at issue without initiating a formal investigation procedure," a press release from the European Union's General Court said. Germany got a green light from the commission in 2021 to give Condor €321 million ($345 million) for restructuring after parent company Thomas Cook went bankrupt. EU state aid rules require such bailouts to be approved by the commission. But rival budget airline Ryanair o...
DPA
An EU court on Wednesday overturned the European Commission's approval of millions of euros in bailout money for the German airline Condor. "The commission should not have approved the restructuring aid at issue without initiating a formal investigation procedure," a press release from the European Union's General Court said. Germany got a green light from the commission in 2021 to give Condor €321 million ($345 million) for restructuring after parent company Thomas Cook went bankrupt. EU state aid rules require such bailouts to be approved by the commission. But rival budget airline Ryanair o...
DPA International
The EU General Court decision to annul the European Commission's approval of a German government bailout of the airline Condor "has no impact on Condor's business situation and flight operations," a spokeswoman for the company told dpa. Condor is currently modernizing its fleet with the help, as of 2021, of the financial investor and majority shareholder Attestor. The repayment of the state aid is proceeding according to plan, the spokeswoman said, without going into details. According to earlier statements, the complete takeover by Attestor should take place by 2026 at the latest.
DPA International
The EU General Court decision to annul the European Commission's approval of a German government bailout of the airline Condor "has no impact on Condor's business situation and flight operations," a spokeswoman for the company told dpa. Condor is currently modernizing its fleet with the help, as of 2021, of the financial investor and majority shareholder Attestor. The repayment of the state aid is proceeding according to plan, the spokeswoman said, without going into details. According to earlier statements, the complete takeover by Attestor should take place by 2026 at the latest.
DPA
The EU General Court decision to annul the European Commission's approval of a German government bailout of the airline Condor "has no impact on Condor's business situation and flight operations," a spokeswoman for the company told dpa. Condor is currently modernizing its fleet with the help, as of 2021, of the financial investor and majority shareholder Attestor. The repayment of the state aid is proceeding according to plan, the spokeswoman said, without going into details. According to earlier statements, the complete takeover by Attestor should take place by 2026 at the latest.
DPA Breaking News
An EU court on Wednesday overturned the European Commission's approval of millions of euros in bailout money for the German airline Condor. "The commission should not have approved the restructuring aid at issue without initiating a formal investigation procedure," a press release from the European Union's General Court said. Germany got a green light from the commission in 2021 to give Condor €321 million ($345 million) for restructuring after parent company Thomas Cook went bankrupt. EU state aid rules require such bailouts to be approved by the commission. But rival budget airline Ryanair o...
DPA Breaking News
Das Gericht der Europäischen Union hat die Genehmigung der millionenschweren deutschen Hilfen für den Ferienflieger Condor für nichtig erklärt. Die EU-Kommission hätte ein förmliches Prüfverfahren einleiten müssen, entschieden die Richter in Luxemburg. Der deutsche Staat hatte die Condor 2019 mit einem Kredit der Förderbank KfW gerettet, nachdem der damalige Mutterkonzern Thomas Cook in die Pleite gerutscht war. Die Brüsseler Behörde habe nicht ausreichend geprüft, ob Deutschland durch die Beihilfe ein angemessener Anteil am künftigen Wertgewinn von Condor zugesichert werde, befanden die Richt...
DPA (German)
A major medical operation took place at Germany's Frankfurt Airport on Thursday after dozens of passengers reportedly fell ill on a Condor flight from Mauritius. Emergency services were mobilized at the airport after the crew of Condor flight DE2315 informed the Frankfurt control centre that passengers had complained of feeling unwell. After the flight landed at 5:33 pm (1530 GMT), paramedics helped several passengers who had vomited or felt nauseous during the flight. Around 15 emergency vehicles attended the scene, but dpa sources said many left after it was established they were not needed....
DPA
A major medical operation took place at Germany's Frankfurt Airport on Thursday after dozens of passengers reportedly fell ill on a Condor flight from Mauritius. Emergency services were mobilized at the airport after the crew of Condor flight DE2315 informed the Frankfurt control centre that passengers had complained of feeling unwell. After the flight landed at 5:33 pm (1530 GMT), paramedics helped several passengers who had vomited or felt nauseous during the flight. Around 15 emergency vehicles attended the scene, but dpa sources said many left after it was established they were not needed....
DPA International
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