German leisure carrier Condor and Austrian startup LaudaMotion are negotiating the terms of ending a cooperation agreement, according to industry sources. The talks come after LaudaMotion founder Niki Lauda agreed to sell a 24.9% stake in the airline to Irish LCC Ryanair with the option of taking the shareholding up to 75% following regulatory approvals. Ryanair is investing close to €100 million ($123 million) into the equity as well as startup support. LaudaMotion was created based ...

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