3 ms·
If Condor operates as an independent company, as long as it is a going concern, it will likely continue to fly. As an asset, it will be sold by any administrato
by goodcanadian 7y ago
If Condor operates as an independent company, as long as it is a going concern, it will likely continue to fly. As an asset, it will be sold by any administrator in order to help recoup money to pay Thomas Cook's creditors. It is (most likely) worth more money as an operating airline than if it were to be shut down.
- greglindahl 7y agoHowever, bankruptcy laws in many countries are pretty good at destroying value in these circumstances.