German leisure carrier Condor Airlines (DE) has reduced capacity by one-third this summer owing to the crises in Northern Africa.
Condor Airlines 767-300. By Rob Finlayson German leisure carrier Condor Airlines (DE) has reduced capacity by one-third this summer owing to the crises in Northern Africa. CEO Ralf Teckentrup told ATW that the carrier was profitable, but cost-cutting measures continue to be necessary and he is bracing for a difficult 2012. Nevertheless, the carrier is growing its fleet. Teckentrup said the carrier is running its third cost-savings program, which has generated an additional ...
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