Thomas Cook seeks buyer for Condor

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cHabu
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Thomas Cook seeks buyer for Condor

Post by cHabu »

Struggling British holiday firm Thomas Cook is looking to sell its profitable charter airline Condor, with a German businessman among those interested, a German magazine reported on Wednesday.

Credit: Reuters.
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Hot Air
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Re: Thomas Cook seeks buyer for Condor

Post by Hot Air »

The German businessman involved is Hans Rudolf Wöhrl, a well-known name in the German airline scene. He was the founder of NFD (merged with RFG in 1992 to form Eurowings). In 2003 his company, the Intro Aviation Group, bought Deutsche BA from British Airways for one symbolic euro. He renamed it 'dba', made it profitable again, and then he sold the company to Air Berlin. A few years later he did the same thing with LTU.

Since a year Intro Aviation is the owner of bizjet operator Alpha Exec. In the summer of 2011, Alpha Exec was flying charters for Germania with A319's under the Flynext brand. And last month Mr Wöhrl became co-owner of Austrian regional airline InterSky.

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