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Thomas Cook's Condor preparing offer for Air Berlin planes: source

Published 08/24/2017, 06:53 AM
Updated 08/24/2017, 07:00 AM
© Reuters. People watch an aircraft operated by German carrier Air Berlin landing in Berlin's Tegel

BERLIN (Reuters) - Thomas Cook's (L:TCG) German leisure airline Condor is interested in taking on a double-digit number of planes from insolvent Air Berlin (DE:AB1), a source familiar with the negotiations said on Thursday.

The leisure airline is "in the process of preparing a concrete offer", the source said, adding that Condor is interested in mainly short-haul routes, but also some long-haul routes.

Thomas Cook declined to comment.

German flagship carrier Lufthansa (DE:LHAG), which was first to talk with Air Berlin, on Wednesday said it had presented a termsheet to the insolvent carrier, setting out its interest in taking over parts of the Air Berlin group.

A source had said Lufthansa was interested in Austria-based Niki, which flies routes to tourist destinations from Germany and Austria, plus other parts of the business.

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