Link: https://curia.europa.eu/jcms/upload/docs/application/pdf/2022-05/cp220087en.pdf

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General Court of the European Union

PRESS RELEASE No 87/22

Luxembourg, 18 May 2022

Judgment in Case T-577/20 Ryanair v Commission (Condor – rescue aid)

The General Court of the European Union confirms that the German aid for the rescue of Condor is compatible with EU law

The fact that Condor’s financial difficulties were caused by the Thomas Cook group being placed into liquidation did not preclude the approval of that aid by the Commission

On 25 September 2019, the airline Condor Flugdienst GmbH (‘Condor’), which provides air transport services mainly to tour operators from a number of German airports, filed for insolvency owing to Thomas Cook Group plc (‘the Thomas Cook group’), which fully owns that airline, being placed into liquidation.

On the same day, the Federal Republic of Germany notified the European Commission of a rescue aid measure in favour of Condor, restricted to a period of six months. The notified aid was intended to maintain orderly air transport and to limit the negative consequences for Condor and its passengers and staff arising from the liquidation of its parent company by enabling Condor to continue operating until it reached a settlement with its creditors and, depending on the circumstances, until it was sold.

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