BERLIN, Sept 24 (Reuters) - Germany has decided to guarantee
a bridging loan of 380 million euros to Condor, the German
airline owned by insolvent British travel operator Thomas Cook,
Economy Minister Peter Altmaier said on Tuesday.
"Condor is a profitable company and therefore our decision
was based on economic factors, not on political criteria," said
Altmaier, adding the decision meant that many of the roughly
5,000 workers would be able to keep their jobs.
Altmaier added that the state of Hesse, where Condor is
based, would participate in the financial aid, as previously
reported by Reuters.
(Reporting by Madeline Chambers
Editing by Chris Reese)
