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Condor Buyout by Attestor Set for August 2027 Completion

September 25, 2026

2 min read

Key Takeaways

Condor's takeover by Attestor is set to complete in August 2027.
Attestor exercises option to acquire remaining 49% stake.
Deal marks end of German state's involvement in airline.
Condor operates a fleet of 55 aircraft with 17 on wet lease.

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Strategic Implications

This acquisition may signal Attestor's confidence in Condor's growth potential, which could lead to further investment in the airline's fleet and operations. The deal suggests a shift towards private ownership, which may impact Condor's strategic development and competitiveness in the European market.

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What Happened

British Investment Firm to Acquire Remaining Stake in German Airline

German leisure airline Condor has announced that its takeover by British investment firm Attestor is set to be completed in August 2027. The acquisition marks the end of the German state’s involvement in the airline, which had provided support following the insolvency of Condor’s former parent company, Thomas Cook. Attestor has been a long-term investor in Condor since 2021 and has actively supported the company’s strategic development. The airline currently operates a fleet of 55 aircraft, with plans for future deliveries. This development was first reported by AeroTime.

Source | Originally Published: September 25, 2026

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