Thomas Cook Ends Condor Merger Talks

Thomas Cook has withdrawn from discussions with TUI Travel and Lufthansa about a merger of its charter airline Condor with TUIfly and Germanwings.

Month-old talks to combine Condor with Lufthansa’s Germanwings and TUIfly Germany held too little “upside”, said Thomas Cook chief executive officer Manny Fontenla-Novoa.

TUI Travel said it is continuing to explore alternatives for its German airline operation and will update the market in due course.