Underlining that it had been “profitable for many years,” the airline added that “to prevent liquidity bottlenecks at Condor, it has applied for a state-guaranteed bridging loan” which is being examined in Berlin.

“We’re continuing to concentrate on what we do best: flying our guests safely and punctually to their holidays,” said managing director Ralf Teckentrup.

Thomas Cook’s German arm told news agency DPA that around 140,000 German tourists are currently on holiday with the travel group and its subsidiaries.

Around 21,000 had been scheduled for departure on Monday and Tuesday, the company added.



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