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Polish Aviation Group (Lot Airlines) purchases Condor
An European aeronautical group founded with Germany and Poland as key markets
![From left: Rafał Milczarski, President of the PGL (LOT) BoD and Ralf Teckentrup, CEO of Condor](https://avionews.it/resources/big/9dbecf98de6dfd8b01298ca619f04c0b.jpg.webp)
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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AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency