Condor

Condor, a former subsidiary of the Thomas Cook group, has announced that it will receive 294 million euros from the German government. The money is needed to keep Condor afloat during the COVID-19 crisis. Government aid comes after Condor faces a second financial problem in half a year "through no fault of his own", as he says...

September came with shocking news for the UK tourism industry. Thomas Cook UK went bankrupt on 23 September 2019. After 178 years of uninterrupted tourism activities, Thomas Cook UK has ceased its activity. Now the situation needs to be clarified as to what will happen to all subsidiaries and companies in Romania...