Announcement
26 Apr 2020
In April 2020, the European Commission approved a state-guaranteed loan to German Condor following the COVID-19 outbreak.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
27 Apr 2020
Revocation date:
26 Jul 2021
Announced: 26 Apr 2020
Loan guarantee
On 26 April 2020, the EU Commission approved a EUR 550 million (approx. USD 595.4 million) state-guaranteed loan to the German charter airline Condor.
Germany clarified that the state aid was in part...
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Related State Acts
Announced: 26 Jul 2021
Germany: EUR 144.1 million state loan to support charter airline Condor (COVID-19)
Announced: 26 Jul 2021
Germany: EUR 60 million state loan to support charter airline Condor (COVID-19)
Announced: 19 Mar 2020
EU: Commission adopts state aid Temporary Framework to allow financial support schemes due to COVID-19 (extended until June 2022)
Announced: 25 Sep 2019
Germany: Rescue aid granted to Condor Flugdienst GmbH
Announced: 24 Sep 2019
Germany (State of Hessen): Loan guarantee approved to support Condor
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