Investment fund Attestor takes over German airline Condor

German charter airline Condor will be acquired by investment fund Attestor, which pledged to invest in new planes to help the carrier emerge from the coronavirus crisis, Condor said on Thursday. Attestor will purchase a 51% stake from the German state for E200m and plans to invest a further E250m to modernise Condor’s fleet, the airline said. A planned sale to Poland’s national carrier LOT fell apart last year when the coronavirus crisis grounded air travel.<br/>