Attestor to take full control of Condor as state exits
- Location
- Frankfurt am Main · 🇩🇪 Germany / United Kingdom
- Sector
- Aviation
- Organisations
- Attestor ↔ Condor Flugdienst GmbH
- Transaction
- Exercise of a purchase option over the remaining 49%
- Volume
- not disclosed
- Status
- announced
British investor Attestor, Condor's majority owner since 2021, is also taking over the remaining 49% held by the German federal government and the state of Hesse via SG Luftfahrtgesellschaft, becoming sole owner; it is exercising an option agreed when it first invested, with completion scheduled for 31 August 2027. Condor had already repaid the state aid early in spring 2026 and aims to save €100m in each of the next two financial years through a cost programme; no price was disclosed (aeroTELEGRAPH, 25 September 2026; second source: Handelsblatt, 25 September 2026).
Source: aerotelegraph.com ↗ · Archived copy ↗
Evidence: one source · archived copy saved · How well sourced is Eurotrack?
More from: 🇩🇪 Germany · 🇬🇧 United Kingdom