Thomas Cook’s Condor To Continue Operations, Seeks Bridging Loan From Germany

www.oann.com | 9/23/2019 | Staff
mel4 (Posted by) Level 4
BERLIN/FRANKFURT (Reuters) – Thomas Cook’s German holiday airline Condor has asked the German government for a bridging loan, the airline said on Monday, adding it would continue operating despite its parent company’s collapse.

Labour union Verdi said it supported the application.

Everything - Needs - Condor - Jobs - Christine

“Everything possible needs to be done to save Condor and its jobs,” Christine Behle of the Verdi board said in a statement, adding the firm was profitable and the brand trusted. Condor employs around 4,500 people.

Around 600,000 holidaymakers, including tens of thousands from Germany, have been stranded around this world by the demise of Thomas Cook, the world’s oldest travel firm.

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