Attestor to take 49% Condor stake

German leisure airline Condor is undergoing a shareholder restructuring following the repayment of state aid. Investor Attestor will acquire a 49% equity stake previously held by the German government and the state of Hesse. This stake, currently managed by SG Luftfahrtgesellschaft, is slated for transfer to Attestor under an agreement. The move comes as part of Condor’s efforts to adjust its financial structure after receiving previous governmental support. Details regarding the specific terms of the transaction were not immediately available at the time of publication.