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Commission approves €380 million German rescue aid to Condor

Commission approves €380 million German rescue aid to Condor

2 mins read

The FINANCIAL -- The European Commission has approved, under EU State aid rules, Germany's plans to grant a temporary €380 million loan to charter airline Condor. The measure will contribute to ensuring the orderly continuation of air transport services and avoid disruptions for passengers, without unduly distorting competition in the Single Market.…

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Commission approves €380 million German rescue aid to Condor

2 mins read

The FINANCIAL -- The European Commission has approved, under EU State aid rules, Germany's plans to grant a temporary €380 million loan to charter airline Condor. The measure will contribute to ensuring the orderly continuation of air transport services and avoid disruptions for passengers, without unduly distorting competition in the Single Market.…