EU competition regulators have today approved a €380m German bridging loan to Thomas Cook's German airline Condor.
They said the measure would ensure the continuation of air transport services.
Condor ran into a liquidity problem after its parent company and the world's oldest travel firm Thomas Cook collapsed last month.
The European Commission said the loan will either have to be repaid after six months or Condor will have to be restructured to ensure its long-term viability.
