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September 2022, Virtual
September 29 2022, Virtual
Lufthansa Group is making a nonbinding offer to acquire Thomas Cook's German airline, Condor, the airline group announced. The offer also includes an option to buy Thomas Cook's other airlines, though according to Reuters, CEO Carsten Spohr said it's unlikely any single airline group could acquire all the company's airlines, due to antitrust regulations. Thomas Cook has airlines based in Manchester, U.K., Copenhagen, and Mallorca, Spain, in addition to Condor. While its airlines are largely leisure carriers, Condor in recent years has also targeted business travel with business class product upgrades.