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Air Berlin wants to acquire Condor from Thomas Cook

Berlin, Germany - Two-step selling by 2010

German low-fares airline Air Berlin wants to expand its fleet by acquiring the charter carrier Condor, presently owned by Thomas Cook. The agreement found between the air company and the travel firm foresees a sell for 75.1 percent of the shares in February 2009, and the rest one year later, after Thomas Cook has exercised an option to buy Lufthansa’s stake in Condor. In exchange, Thomas Cook w...

AVIONEWS - World Aeronautical Press Agency - 1079683

AVIONEWS - World Aeronautical Press Agency
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