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Thread: LOT buys CONDOR
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Old 15th Apr 2020, 18:15
  #53 (permalink)  
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Originally Posted by EAM
Didn't you say there is a big group of wealthy retired people in Germany who want to spend money for their holidays? So that shouldn't be a problem, specially because pension is going up this summer. ;-)
Yes plenty of those in Germany , the small problem is that it is the same people that are the most vulnerable in case they get infected and are likely ( like in France) be those who will be locked down the longest., In addition getting stuck sick in another country is not exactly that appealing anymore to that age group. I also do not see Lufthansa , having just reduced significantly their fleet and closed down Germanwings taking them on board with their 25 years old 767s...
That said the Condor name is still a very valuable brand name in Germany and has a marketing value , so who knows.. But Pan Am also did had a very valuable brand name ( still has) and nobody rescued them at the time ..
Feel sorry for Condor staff , have plenty of good friends among them ...
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