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EU Commission approves millions in aid for Condor

by AI | 29.Apr 2025 | Europe in brief AI

Ryanair had opposed aid for the German airline Condor and had initially won the case. The EU Commission subsequently re-examined the support.

An Airbus A330-941 from Condor lands at Frankfurt Airport. Photo: Arne Dedert/dpa

Brussels (dpa) – The EU Commission has once again approved German state aid amounting to 321.2 million euros for the German holiday airline Condor. The decision takes into account a court ruling that had declared a previous approval null and void. As the authority stated, it has now re-examined the support and concluded, among other things, that Germany will be sufficiently involved in the profits.

The Court of Justice of the European Union had criticized in a ruling last year that the Brussels authority had not sufficiently examined the profit participation. The EU Commission, as the highest competition authority, ensures that companies do not gain unfair advantages through state aid. It had originally approved the project back in 2021. The Irish airline Ryanair contested this before the EU court.

As the Commission further stated, Condor has carried out numerous restructuring measures. It has been ensured that the company is profitable in the long term. In addition, Condor and its new investor are making a significant equity contribution to the restructuring costs.

The majority of Condor is held by the asset management company Attestor and 49 percent by SG Luftfahrtgesellschaft – this is a state rescue company. (April 28)