Originally Posted by
rog747
Reuters quote - Nationalising Condor would only be for a limited time as Germany aims to restart a sales process as soon as the stranglehold on the travel industry from the coronavirus pandemic has eased, the sources said.
Obviously at some stage we'll find out just how open ended that "limited time" turns out to be. Clearly the name and reputation of Condor almost qualifies them with the epithet "national treasure", you only need to look at how long Thomas Cook group took the revert the airline to it's traditional name after they experimented with rebranding. The German government isn't about to allow them to go down the tubes, certainly not without a fight. You could with some justification say that Thomas Cook, as a name and a business was held on a similar pedestal in UK eyes (even though it had long been flogged off) and it would have been possible for HMG to have done similar at the time of the debacle but the UK government doesn't do things that way, which in some respects is a shame as it has lead to the demise of too many UK businesses, not just within the travel industry.
The result is of course that many people lost their jobs and the livelihoods.