Aerospace and defense news from Central-to-North Mississippi and Central Louisiana region.
Tuesday, September 24, 2019
Condor's NOLA flights up in air
The future of Germany-based airline Condor, which started flights to Louis Armstrong New Orleans International Airport three years ago, is up in the air after the collapse over the weekend of its 178-year-old parent company Thomas Cook Group. The airline was profitable despite Cook’s financial difficulties, an official said. They are seeking a short-term financial bailout from the German government so that it can keep going as an independent. The oldest travel company in the world ran out of financial road when it failed to reach a deal with its Chinese owners, Fosun International. Sept. 23 was the final day of Condor's summer-season flights between Frankfurt, Germany, and New Orleans. The flights to New Orleans began June 6 and ran on Mondays and Thursdays. (Source: NOLA.com) https://www.nola.com/news/business/article_6284be4e-de38-11e9-8d07-b3eff8c1092a.html
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