Sean O'Neill and Dennis Schaal, Skift
Don't count your deals before they've hatched. Coronavirus has killed valuations of many companies, and deals along with them. On the other hand, some companies, such as Grubhub, are in the right place at the right time.
2 weeks ago
Madeline Chambers, Reuters
Central government bailouts continue to not be enough for the tanked global airline industry. Condor's layoffs come after the airline already received funds from Germany to get through the coronavirus downturn in the economy.
3 weeks ago
Alicja Ptak, Reuters
It appears as though Condor, previous part of the collapsed Thomas Cook, may get nationalized by the German government. Is Condor too big to fail? Not really.
3 months ago
Patrick Whyte, Skift
The deal secures Condor's immediate future. But can a small carrier group really hope to compete against the might of Lufthansa and low-cost carriers such as Ryanair?
5 months ago
Patrick Whyte, Skift
What are the chances that Lufthansa ends up owning at least parts of Alitalia and Condor? It doesn't seem enthusiastic about either, but it might be better than letting a competitor get hold of them — as long as regulators agree.
8 months ago
Patrick Whyte, Skift
Thomas Cook wasn't just a UK business: It had operations across Europe, some of which were pretty profitable. They're now in a race against time to secure their future and find new owners.
9 months ago
Patrick Whyte, Skift
Given that Thomas Cook released a statement about the potential sale, this looks pretty serious. But it begs the question: Just what will Thomas Cook have left if and when it sells its airlines and Nordics divisions?
1 year ago
Sam Unsted, Bloomberg
At Skift Forum Europe in April, Thomas Cook CEO Peter Fankhauser said the company should bounce back as long as it de-leverages its balance sheet and pays back it debt. Will that be enough?
1 year ago
Richard Weiss, Bloomberg
The announcement comes as no surprise, given Lufthansa all but confirmed its interest in March. The cash would ease Thomas Cook's financial concerns and help it invest in its own brand hotels.
1 year ago
Patrick Whyte, Skift
Lufthansa sees Condor as a good fit for its existing business. The question is would Thomas Cook split up its airline, and would competition regulators allow it?
1 year ago
Richard Weiss, Bloomberg
Lufthansa's CEO on airline consolidation in Europe: “So we are speaking with everyone, and everyone is speaking to us.” Enough said.
4 years ago
Reuters
The airlines' integration comes at what is likely the end of a successful turnaround plan, which has significantly improved the brand’s business since its initiation last year.
7 years ago
