CEO Peter Gerber: How Condor Plans to Expand After the Crisis
Condor's CEO Peter Gerber outlines the challenges and strategies for the airline's post-pandemic recovery and future expansion amid political constraints in Germany.
Peter Gerber, CEO of Condor, discusses his vision for the airline's recovery and expansion in the wake of the COVID-19 pandemic. Unlike their foreign counterparts, German airlines have been slow to rebound, a situation that Gerber attributes to unfavorable political conditions. He emphasizes the need for better support from the government to foster a competitive environment for the German aviation sector.
In his remarks during the 122nd Economic Talks at the Main, Gerber highlights that the global airline industry is on the rise, while Germany risks falling behind due to poor policy decisions affecting the sector. The recovery of Condor has been complicated by the pandemic and other challenges, including the insolvency of Thomas Cook and the subsequent impact on operations. Despite these hurdles, Gerber is optimistic about leveraging the airline's recent investment by Attestor and government assistance to navigate the recovery.
Overall, the conversation underscores the pivotal role that government policies play in the recovery and growth of the aviation industry in Germany. Gerberβs call for reform is a critical message for policymakers, stressing the importance of creating a supportive framework that can help domestic airlines like Condor to not only recover but also to expand their operations in a competitive landscape.