Long-time Condor boss Ralf Teckentrup will stay with the holiday airline. The supervisory board has appointed the 64-year-old as Chief Executive Officer of Condor for a further two years, as the airline announced. Christian Schmitt will also remain in office as Chief Operating Officer and Accountable Manager.
CFO Christoph Debus, on the other hand, will leave the company at his own request at the end of February 2022 to face new challenges. His successor is to be decided at a later date, according to Condor.
“With Ralf Teckentrup and Christian Schmitt, the company continues to have a strong point for the long-term development of Condor into the leading European holiday airline,” emphasizes Friedrich Andreae, Chairman of the Supervisory Board from Condor investor Attestor. With the new majority owner, the modernization of the fleet and the expertise and experience of this management team, Condor is “well equipped for a successful take-off”.
Teckentrup has been Condor boss since 2004 and has already led the traditional holiday airline out of the crisis several times. With the takeover by the financial investor Attestor in the summer of this year, the future of the airline, which has been in severe turmoil since the Thomas Cook bankruptcy in autumn 2019, is considered secure.