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Polish Aviation Group (Lot Airlines) purchases Condor

An European aeronautical group founded with Germany and Poland as key markets

The commercial operation was announced today by PGL (Polish Aviation Group), owner of LOT Polish Airlines: thanks to a bridge-loan provided by the public bank of Frankfurt am Main, KfW, and guaranteed by the German Federal Government and the State of Hesse, the group has taken over Condor Airlines, a German leisure carrier that operates scheduled flights to holiday destinations.With the acquisition,...

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Warsaw, Poland, 01/24/2020 16:01
AVIONEWS - World Aeronautical Press Agency

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