German aid to Condor incenses UK pilots

Condor's escape from the impact of parent Thomas Cook Group's insolvency has ignited fury from UK pilot representatives. The UK govt did not step in to offer bridge funding to Thomas Cook when it sought financial assistance during the late stages of negotiating a rescue deal with Chinese firm Fosun Tourism Group. But the German federal and state govts have signalled that they will guarantee a loan to assist Frankfurt-based Condor, which will also take formal measures to protect itself from insolvency claims from its parent. UK pilot union BALPA, while not begrudging Condor's survival, has demand that Thomas Cook Group's management explain why the UK's Thomas Cook Airlines "had to be closed" while Condor was allowed to continue operating. <br/>
FlightGlobal
https://www.flightglobal.com/news/articles/german-aid-to-condor-incenses-uk-pilots-461073/
9/25/19