In addition, there will often be graphs or charts included, helping break down the financials into easily readable information. Best card for premium perks while traveling, Capital One Venture X Rewards Credit Card, The Business Platinum Card from American Express, Credit card showdown: Alaska Airlines Visa vs. Alaska Airlines Business Visa, Disney Cruise Lines Castaway Club loyalty program: Everything you need to know, 21 new Hyatt hotels where you can get 500 extra points per night. The Business Class now features a 1-2-1 seating configuration with 180-degree flat-beds and privacy dividers with the first row additionally providing personal doors and larger entertainment screens for an additional fee. Condor will offer three weekly flights from BWI to its hub at Frankfurt Airport. That's a 68 percent increase from 2020. Attractive special flight offers, exclusive promotions and exciting news from Condors world! have the privilege to present to you the Annual Report and Audited Financial Statements of your Company, for the financial year 2012/13. By Stacey Zable Published on April 19, 2022 German carrier Condor Airlines has added and. The spike in passengers has enticed other carriers to resume service from BWI. All economy class and premium economy class seats were replaced with new seats from ZIM Flugsitz GmbH. Cargo flights are also on the upswing. The airport saw 18.8 million passengers in 2021. Please view our advertising policy page for more information. In the 2018/19 business year, around 80 percent of all Condor flights took off on time. A lot of information, for example on entry requirements and online check-in, can be found on the website. 02.03.2023. from US$ 43499. The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. FS MDA. One of the most punctual airlines in Europe. The current welcome offer on this card is quite lucrative. View Form 10K (HTML) Older/Archived Annual Reports. [28] The new Business Class seats (Zodiac Aerospace) offer fully automated, angled-lie-flat seats capable of inclining to an angle of 170 degrees with a bed length of 1.80 metres (5ft 11in). "Several major capital projects are now underway that will support airline service and enhance the travel experience for airport customers.". Alaska Airlines eliminates inflight plastic cups: West Coast-based airline becomes first U.S. carrier to replace plastic with planet-friendly alternative. Our customer service is currently experiencing a very high number of enquiries, which can lead to longer waiting times for processing. Find your nearest airport. Cost includes $12.95 plus applicable local sales tax. $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. 1998 Annual Report 2.2 MB. Condor flights will therefore also depart from T7. Our key figures and the further increase in profit underline this. Following a merger with Thomas Cook Airlines UK, Thomas Cook Airlines Belgium and Thomas Cook Airlines Scandinavia in Oct-2013, the German carrier became an operating division of the Thomas Cook Group plc. To view a complete list of financial statements for Condor Resources, please search "Condor Resources" on www.sedar.com. Available throughout Germany. Expect low. Our flight was scheduled to take off at 7pm Aug. 26 from Portland Oregon to Frankfurt Germany. Condor, legally incorporated as Condor Flugdienst GmbH and stylized as condor, is a German leisure airline established in 1955 with Frankfurt Airport being its main base. Take caf hopping to the next level with double miles this summer The high-end offerings also include complimentary soft drinks and alcoholic beverages. That's exactly the case with the Amex Platinum card. During this period, Turkish Airlines' annual revenue fluctuated and reached the peak in 2019, amounting to approximately 13.2 billion U.S. dollars. These forward-facing pods are finished in deep blue and white, which looks quite understated (especially compared to the flashy livery on the outside). [27], Condor refurbished the cabins on all of its Boeing 767-300 long-haul aircraft. Get up to $300 back per calendar year on the Equinox+ digital fitness app, or eligible Equinox club memberships when you pay with your Platinum Card. In keeping with our policy of financial transparency, our site houses annual reports dating back to the financial year 19931994. Check here before booking an award fare. The aircraft's first revenue flight took off on 27 December to Mauritius. Quarterly Results. There are currently no important alerts. Condor's premium economy cabin is arranged in a 2-4-2 configuration, with 35 inches of pitch and 12 degrees of recline. Book Toronto Vienna flight. Condor Flugdienst GMBH's Annual Report & Profile shows critical firmographic facts: What is the company's size? Condor Airlines announced today that it will begin flying a new route between Seattle-Tacoma International Airport (SEA) and Munich, Germany, a major European hub. Condor kept its successful Premium Economy Class with more legroom and added services. The airline also saw profits increase to 57 million, 32% more than the previous year. Social Responsibility is of particular importance to Condor. Condor Gold plc was admitted to AIM on 31st May 2006. If you made your booking on Condor's website (including online bookings through your travel agency with a link to the Condor booking engine) or in our service center (booking partner: Condor Individuell), please make sure to enclose your original boarding passes and a copy of your booking confirmation with your seat reservation complaint. Trip Report | Condor Airlines | Business Class | B767-300 (ER) (WL) 5,654 views Apr 7, 2020 142 Dislike Share Save Kaptan Baha 33.1K subscribers A video trip report for Condor Airlines,. The adjustable footrest and headrest should help make it easier to catch some sleep during long-haul flights. Condor, a budget carrier based in Germany, is gearing up to replace its aging Boeing 767 fleet with new Airbus A330-900neo aircraft beginning this fall. All seats are equipped with personal inflight entertainment, however in Economy Class most content must be paid for additionally.The Business Class seats from Zodiac Aerospace are configured in 6 seats per row and convert to angled 170 degrees beds with 180 centimetres (71in) in length. This agreement expands the network of both airlines, allowing passengers to connect beyond each airline's own network. Condor Flugdienst GMBH's annual revenues are $1-$10 million (see exact revenue data) and has 1-10 employees. The basis was a reduction in Condor's own stations from twelve to eight as well as a number of measures to increase operational efficiency. Annual reports typically include information regarding its future . I'll comment on our first experience which after 4 months our case is still unresolved. WINTER HOLIDAYS WITH THE NATIONAL CARRIER. Compare the cost in points or miles to cash, and see which option is best. This site does not include all credit card companies or all available credit card offers. For more details about an aircraft category, click on the corresponding number in the table below. The first A330neo will enter the fleet in the fall, and the airline is promising to debut the plane on long-haul routes by the winter to the Dominican Republic, Mexico and Seattle. 1997. Condor said its luxury fares can be half the rates of legacy airlines. The movement is caused by "atmospheric pressure, jet streams, air . You seem to have JavaScript disabled in your browser. The return flights will take off from Frankfurt at 2:15 p.m. and land at BWI at 5:30 p.m. All flights will be on a Boeing 767-300 aircraft. Further destinations are currently under review. The loss of passengers from Thomas Cook Germany of around 15 percent is being compensated for by a strong demand. Financial Statement for Year Ended 31st December 2021. . Travelers will find connecting service to more than 100 destinations . October 23, 2013 . As Germany's most popular leisure airline, Condor has been taking its guests to the world's most beautiful holiday destinations since 1956 - from the eight biggest airports in Germany as well as Vienna in Austria and Zurich in Switzerland to around 90 destinations in Europe, Africa, in the Indian Ocean, North America and in the Caribbean. [39] The second aircraft followed only a few days later on 30 December 2022. At the end of September, Condor entered into a so-called preliminary protective shield procedure in order to release itself from joint liabilities from the insolvent former parent company Thomas Cook Group plc. Travelers can then connect to more than 100 destinations throughout Europe with Condor or its airline and rail partners. 1998. Vietnam Airlines has emerged as the leader of aviation industry in Vietnam after 20 years of development at an average annual growth rate in the double-digits, Vietnam Airlines has established our name as a symbol of Vietnamese national pride, with a global network and well-deserved position in region. Warsaw, November 18, 2021 - LOT Polish Airlines invites you on board! [10][11] In 1961, Deutsche Flugdienst took over its rival Condor-Luftreederei (which had been founded in 1957 by Oetker), subsequently changing its name to Condor Flugdienst GmbH, thus introducing the "Condor" name with Lufthansa. Our fully audited annual reports are prepared in accordance with International Financial Reporting Standards. FS = Financial Statements. From 2000 onwards, the Condor shares held by Lufthansa were gradually acquired by both Thomas Cook AG and Thomas Cook Group. Our full profiles are only available to CAPA Members. For the 1920s German-Brazilian airline, see, 20002009: Transition to Thomas Cook ownership, 20102020: Rise and fall of Thomas Cook Group Airlines, "The German leisure airline Condor continues flight operations", "Condor Secures Government-Backed Bridging Loan", "Owner of Poland's LOT airline buys Thomas Cook unit Condor", "Germany considers Condor nationalization after Polish sale fails", "German Airline Condor Rescued as Investor Attestor Swoops In", "Condor's first 757-300 rolls out in Seattle", "Condor prepares for low-cost subsidiary", "Condor Berlin boosts Airbus A320 orders as operations begin", !Air Berlin consolidates market position with Condor takeover. As a result, Condor's U.S. summer 2022 schedule is the largest in the company's history, according to the airline. [9] In July 2021, the European Commission found an aid package offered by the German State to Condor to be in line with EU State aid rules. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). All scheduled Condor flights arrive at T7, from where there are also convenient connecting flights with partner airlines Alaska Airlines and JetBlue. The airline added seats in its new Business Class section from 18 to 30 seats on three of its Boeing 767 aircraft. Investor Relations Financial Results Financial Results Quarterly Menu. Condor will implement the RAVE IFE technology of Zodiac In-flight Entertainment. The COVID-19 pandemic shuttered many routes between the U.S. and Europe. Our Canadian Airports We fly you to Europe from several cities in Canada. Avelo Airlines Debuts At BWI With Service To CT, FL, NC, Icelandair Returns To BWI, Offers Connections To Mainland Europe, BWI Thurgood Marshall Airport Reopens Express Parking, Air Canada Restoring Service To BWI As Travel Continues To Rebound, Play Budget Airline Launches Service From BWI To Europe Via Iceland. Financial strategy & value-based management Returning to value creation Generation of strong free cash flows Maintain financial stabilty Fleet Corporate Governance & Compliance Corporate Governance Declaration, Section 289f HGB Declaration of compliance, Section 161 AktG In a structured bidding process, strategic and financial investors are showing high interest in Condor. On 4 February 2013, the Thomas Cook Group announced that Thomas Cook Airlines, Thomas Cook Airlines Belgium, and Condor would be merged into a single operating segment of the Thomas Cook Group, Thomas Cook Group Airlines. Informa Markets, a trading division of Informa PLC. It is classified as operating in the Transportation & Warehousing industry. Our points-obsessed staff uses a plethora of credit cards on a daily basis. Exchange NASDAQ More. As Germany's most popular leisure airline, Condor has been taking its guests to the world's most beautiful holiday destinations since 1956 from the eight biggest airports in Germany as well as Vienna in Austria and Zurichin Switzerland to around 90 destinations in Europe, Africa, in the Indian Ocean, North America and in the Caribbean.Condor operates a fleet of over 50 aircrafts, which are maintained by the company's own maintenance operation, Condor Technik GmbH, according to the highest safety standards at the Frankfurt and Dusseldorf locations. Even though Lufthansa has unveiled mockups of a revamped biz product, the airline still hasn't started flying it. For an explanation of our Advertising Policy, visit. Based in Frankfurt, it operates scheduled flights to leisure destinations in the Mediterranean, Asia, Africa, North and South America and the Caribbean. Tourist arrivals during the year increased by 17.5% as against the previous year and Mailing address:. Currently, our Service Center receives a very high number of customer contacts. It is also listed in Canada on the TSX. from US$ 76999. The building opened in the spring of 2012. D-AHHB hat dadur", condor-newsroom.condor.com - "Air Transat and Thomas Cook Group airlines sign agreement for seasonal aircraft exchange", airliners.de - "Condor returned leased A330", aerotelegraph.com - Condor removes A330 from SmartLynx after complaints, simpleflying.com - Throwback: Condor's Two Periods Of Boeing 747 Operations, "Aviation Photo #1427702 Hawker Siddeley HS-125-F403B Condor (Conti-Flug)", "ASN Aircraft accident Convair CV-240-4 D-BELU Rimini Airport (RMI) 31 July 1960", "Douglas DC-8-33, D-ADIM, Condor (DE / CFG)", "ASN Aircraft accident Vickers 610 Viking 1B D-BELA Zele 17 October 1958", "Flight Review: Checking Out Condor Airlines' Business Class to Frankfurt", "SeatGuru Seat Map Condor Boeing 767-300ER (763) V1", "SeatGuru Seat Map Condor Boeing 767-300ER (763) V2", "ASN Aircraft accident Boeing 737-130 D-ABEL Tarragona", "ASN Aircraft accident 20-JUL-1970 Piper PA-28-140 Cherokee EC-BRU", "ASN Aircraft accident Boeing 737-230 D-ABHD Seferihisar", "ASN Aircraft accident Boeing 767-330ER D-ABUZ Cerro Copey", "Condor A321 Ground Incident At SXF Civil Aviation Forum", "Lichtmast-Crash in Schnefeld: Mitarbeiter schrottet 100-Mio.-Flieger", "D-AIAF Condor Airbus A321-211(WL) cn 6459", https://en.wikipedia.org/w/index.php?title=Condor_(airline)&oldid=1141694637, Articles with German-language sources (de), Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, To be retired between 2026 and 2028 and replaced by, To be retired by early 2024 and replaced by. On 27 June 2014, Condor completed the cabin refurbishment for all of its long-haul Boeing 767 aircraft. In 2015, the airline marked an exceptional . Vienna. Condor's new seasonal Munich flight will join its existing service between Seattle and Frankfurt, which it successfully served since 2011. American Express has expanded The Centurion Network to include 40+ Centurion Lounge and Studio locations worldwide. The transaction was expected to close by Apr-2020 following antitrust approvals. In addition, ancillary revenues per passenger were increased by 18 percent. [15][16] To increase operational flexibility, Condor frequently trained its pilots so that they could operate both the Boeing 757 and 767 without any restrictions. Earn 80,000 Membership Rewards points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. Sign up for free Patch newsletters and alerts. Credit ranges are a variation of FICO Score 8, one of many types of credit scores lenders may use when considering your credit card application. Perhaps most notably is that Condor will have a nicer business-class product than German flag carrier Lufthansa. Whereas medium-haul flights are operated from many German airports (and Zurich), long-haul flights usually depart from Frankfurt, with a few rotations operated from Dsseldorf and Munich. [21] By December 2006, the remaining Lufthansa shares only amounted to 24.9 percent. The German airline secured a commitment from the German government for a state-guaranteed, six month bridging loan of EUR380 million, which was subsequently approved by the European Commission. [21] The process of transforming Condor from a Lufthansa subsidiary to a part of Thomas Cook (along with Thomas Cook Airlines, Thomas Cook Airlines Belgium and Thomas Cook Airlines Scandinavia began with the rebranding as Thomas Cook powered by Condor on 1 March 2003. Sometimes it's worth a large investment to reap the benefits of a great credit card. Condor, legally incorporated as Condor Flugdienst GmbH and stylized as condor, is a German leisure airline established in 1955 with Frankfurt Airport being its main base. The aircraft of the Thomas Cook Group Airlines also had the new logo: the Sunny Heart added to their tails and were re-painted in the new corporate color scheme grey, white, and yellow. The 1,400-space lot closed in March 2020 when the coronavirus pandemic first struck. In the winter season 2021/2022, the national carrier will offer a total of nearly 100 routes. Turbulence, which causes planes to suddenly jolt while in flight, is considered a fairly normal occurrence and nothing to fear. Hopefully, that'll keep the buy-up from coach relatively modest. AAL; AMR; LCC ; Financial AMR . Ralf Teckentrup, CEO of Condor Flugdienst GmbH, was highly satisfied with this result: "We are an operationally healthy and profitable company. It hasn't experienced the financial problems that the U.K. division has and is largely seen as the profitable arm of the . MDA = Management Discussion & Analysis. The airline saw passenger numbers rise to 9.4 million which is an increase of almost 7%. [62], At the beginning of 1998, Condor founded Condor Berlin GmbH (CIB), a wholly owned subsidiary headquartered in Berlin-Schnefeld. Condor's profitable development is also based on its ongoing focus on strict cost and profit improvement measuresx. By this time, the airline had a majority market share of Germany's tourism air travel market. Its ideal for industry analysts, managers and executives who need a snapshot of the latest news, analysis and data from our global team, with the ability to export or email PDF reports in one click. Vueling S.A. (/ v w . l /, VWE-ling) is a Spanish low-cost airline based at El Prat de Llobregat in Greater Barcelona with hubs at Barcelona-El Prat Airport (main), Paris-Orly Airport in Paris, France and Leonardo da Vinci-Fiumicino Airport in Rome, Italy (secondary). Germany's Condor Airlines is returning to Minneapolis-St. Paul International Airport with nonstop summer service to Frankfurt for the first time since 2019. [33] On the same day, a Frankfurt court authorised investor protection measures to allow Condor to be restructured. 1999. The status 'Stored / Scrapped' status corresponds to planes . Additionally, setting an optimal center of mass on the aircraft and providing pilots with Information about fuel efficiency for individual routes, leads to further kerosene savings. You may never have heard of Condor Airlines before, but after seeing these new cabins, you might want to give the carrier a deeper look. Condor offers scheduled flights to leisure destinations and operates, from Germany, medium-haul flights to the Mediterranean Basin and the Canary Islands as well as long-haul flights to destinations in Africa, Asia, North . Please note that Condor is subject to the regulations of the respective destination. We are pleased to return to Baltimore/Washington to provide travelers from Maryland and the D.C. metro area with a more affordable way to get to Europe this summer," said Mathias Friess, Condor's North American vice president and area manager. [11] According to a Condor spokesman, the airline was selling around 15% of its tickets itself. Please find a summary of important news below: Condor is now located in Terminal 7 (T7) at New York John F. Kennedy International Airport. Our opinions are our own, and have not been reviewed, approved, or endorsed by our advertising partners. Ralf Teckentrup continued: "I am confident that after the exit from the protective shield procedure in spring 2020 we will be able to further strengthen our position as Germany's most popular holiday airline. The seats also have extra legroom, leg rests and adjustable headrests. In the 2018/19 business year, around 80 percent of all Condor flights took off on time. Condor's parent airline, Lufthansa, opted to break ties with Hapag-Lloyd to link up with German retailer Karstadt and NUR, its tour operator; this led to the creation of the jointly owned C&N Touristik, bringing together Germany's largest holiday airline with tour operations. Find the right card for you. As Germany's most popular leisure airline, Condor has been taking its guests to the world's most beautiful holiday destinations since 1956 - from the eight biggest airports in Germany as well as Vienna in Austria and Zurich in Switzerland to around 90 destinations in Europe, Africa, in the Indian Ocean, North America and in the Caribbean.Condor Copyright 2023. Please make your request in either German or English. [8][36], On 20 May 2021, Attestor Capital acquired 51% of the airline. Condor would have continued to operate under their current brand and management. Frankfurt am Main, 26 November 2019 - Condor Flugdienst GmbH improved its key figures for the Financial Year 2018/19 (ending 30 September 2019) despite a difficult second half year: With disciplined cost management, the operating profit (EBIT) increased by 32.4 percent on a year-on-year comparison to 57 million EUR. [11] In the latter half of that year, the company became the launch customer for the Boeing 757-300, having placed twelve firm orders for the variant. Seldom travelers may not get enough value to warrant the cost. On an annual basis, more than seven million passengers fly with Condor to about 80 destinations in Europe, America, Africa and Asia. Condor (Condor Flugdienst GmbH) is Germany's third largest commercial airline based on fleet size and passengers flown. During 1966, the company launched its first long-haul flights, reaching destinations such as Thailand, Sri Lanka, Kenya and the Dominican Republic. The traditional airline is a 100 percent subsidiary of Thomas Cook GmbH. Alaska Air Group delivers strong fourth quarter 2022 and full-year results. (Annual sales and employees) What industry is the company in? [59], In January 2010, the airline broke ground on their then new headquarters in Gateway Gardens, an office complex in Flughafen, Frankfurt, across the Bundesautobahn 3 from Frankfurt Airport. Founded in 1956, Condor Flugdienst GmbH is a German carrier operating passenger and freight services to destinations in Europe, Asia, Africa and North America. The 216 coach seats offer 30 inches of pitch, which is a bit tight, but not as cramped as you'd find on some ultra-low-cost carriers. IAG, the parent company of Aer Lingus, BA, Iberia, LEVEL and Vueling, released its annual results today, Friday 25 February 2022. The return of this important international service from Condor is another distinct example of the continuing recovery in the travel sector, BWI Executive Director Ricky Smith said in a press release. The relevant share of longer delays was reduced to a historic low. [40] On 25 July 2022, the airline announced an order of 13 Airbus A320neo and 28 Airbus A321neo to replace its existing fleet of Airbus A320 family and Boeing 757-300. 03/03/2023 San Diego International Airport Receives $20 Million from Federal Grant.Read More; 02/08/2023 San Diego County Regional Airport Authority Diverted More than 800,000 Gallons of Stormwat.Read More; 02/01/2023 San Diego County Regional Airport Authority Welcomes New Members to the Board of Directors.Read More; 01/30/2023 Alaska Airlines to Add New Nonstops to D.C., Eugene, and . As a result,Thomas Cook's board concluded it has no choice but to enter compulsory liquidation. Learn more. It announced that it would provide 200 million euros of equity capital and will provide a further 250 million euros to modernise Condor's long-haul fleet. Condor Airlines Moves into New Home at JFK. While we've known about the fleet modernization project since last year, Condor on Wednesday unveiled the interiors of its new aircraft. On 23 January 2004, Condor became part of Thomas Cook AG and returned to the Condor brand name. (Annual sales and employees) Vietnam Airlines fleet details. If you made your booking on Condor's website (including online bookings through your travel agency with a link to the Condor booking engine) or in our service center (booking partner: Condor Individuell), please make sure to enclose your original boarding passes and a copy of your booking confirmation with your seat reservation complaint. . [39], In April 2022, Condor announced a major change to their corporate design including a revised logo and an entirely new aircraft livery composed of distinctive stripes in bold colors over the entire fuselage, replacing the former Thomas Cook design. It was previously based in Kelsterbach[57][58] and later Frankfurt. WSJ's Allison Pohle explains what prompted some of the major cancellations. Business Daily Africa. [11] In 1971, Condor became the first leisure-orientated airline in the world to adopt the Boeing 747, which was the worlds biggest aircraft during the era. $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline. Currently, the airline operates a total of 51 aircraft, according to Planespotters.net. The latest plan calls for Lufthansa to debut the cabin in summer 2023. Condor Services's annual revenues are $1-$10 million (see exact revenue data) and has 1-10 employees. Condor App At your fingertips: Check-in without queues, make seat reservations, book extras, receive ad hoc information and enjoy many other advantages. Newly developed and aerodynamic Winglets achieve kerosene savings of up to five percent per aircraft. [22] However, on 11 September 2008, this plan was abandoned. Skip content Our USA airports Fly to Germany and Beyond from the US. Canada: Key Terms & Conditions of Carriage. During the early 1990s, production company Sdflug, a wholly owned subsidiary of Condor, was integrated into the airline. Earn miles with Alaska Mileage Plan whenever you fly with Condor or Alaska Airlines. [34] On 1 December 2019, the Frankfurt district formally opened these proceedings under the "Schutzschirmverfahren" (protective shield proceedings) clause with the liquidator, Lucas Flther[de], requesting creditors to register their claims with him by 8 January 2020. It is classified as operating in the Freight Transportation Arrangement industry. Like premium economy, each seat has a 13.3-inch 4K touchscreen inflight entertainment system. Interim Results for the six months ended 30 June 2011. The middle seats are slightly wider (2-inch (51mm)) than window or aisle seats. [21], On 20 September 2007, shortly after having taken over LTU International, Air Berlin announced its intention to acquire Condor in a share swap deal. Guests are requested to go to the Condor check-in counters for their check-in at T7, Zone E to receive their tickets and check in their luggage.