German airline Condor on the lookout for a new owner

German airline Condor, which survived the bankruptcy of Thomas Cook, has revealed that it is attracting a significant amount of takeover interest. In September, the European Commission approved a six-month €380 million bridging loan from the German government to Condor in a bid to keep the airline afloat following the demise of Thomas Cook. In a statement to Reuters, Condor said that “a structured bidding process shows a high level of interest from strategic and financial investors in a takeover.” Condor CEO Ralf Teckentrup told the publication: “We are a financially healthy and profitable company.” Condor employs 5,000 staff and flies over