MUNICH/FRANKFURT (Reuters) - Germany has agreed in principle to support struggling carrier Condor with emergency liquidity after the owner of Poland’s national airline LOT pulled out of a deal to buy the airline, two people close to the matter said on Monday.
A 380 million euro ($413.82 million) state bridging loan, that allowed the carrier to be rescued last year, is de facto being extended and Germany will offer an additional 200 million in liquidity, the sources said.
https://www.reuters.com/article/us-h...-idUSKBN22213Z