Formerly part of the Thomas Cook Group, the German airline re-emerged in 2019 with a bold new strategy and a need for not just a finance solution, but a partner who shared their vision and was prepared to grow with them.
That vision was soon tested. In 2020, as the aviation industry faced unprecedented disruption from the COVID-19 pandemic, Condor's journey became more complex. Flexibility, empathy and a deep understanding of their business became essential to delivering the right support at the right time.
Björn Walther, Chief Financial Officer of Condor said: “What we’re looking for in general is a certain flexibility to our situation, to our needs. So, for me, it’s very important that we find somebody who is listening to us.”
Having worked with Condor since the early 2000s when they were part of the Thomas Cook family, we were already deeply invested in their success. Our longstanding relationship allowed us to respond with agility, structuring bespoke financing solutions that addressed their specific fleet and liquidity needs.
Since then, we've supported Condor with the leasing of a Trent 700 engine, sale and leaseback transactions for both Trent 7000 and PW1100G engines, PDP financing, providing access to critical assets and reinforcing operational resilience.
Today, Condor continues to grow as a leading leisure airline in Europe and we’re proud to be part of their transformation.
