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Hungarian airline Malev collapses
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Old 03-02-2012, 12:50   #1
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Hungarian airline Malev collapses

The Hungarian national airline Malev has folded after its financial situation became unsustainable because of higher cost and the EU forcing the airline to repay state from the Government of Hungary (who used to own the airline until 2007, when they sold it to russian investors, but they went bust so the government took control again in 2010). They might relaunch the airlines but its future remains uncertain! Just 4 days ago Spainair went out of business, more to follow?
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Old 03-02-2012, 13:35   #2
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Re: Hungarian airline Malev collapses

Disaster.

That's ruined my weekend.
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Old 03-02-2012, 13:45   #3
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Re: Hungarian airline Malev collapses

Quote:
Originally Posted by Pierre View Post
Disaster.

That's ruined my weekend.
If you are going to Hungary then take British Airways, Easyjet, Ryanair and Wizzair

---------- Post added at 13:45 ---------- Previous post was at 13:43 ----------

CSA Czech Airlines, Jat airways, Croatia Airlines and Adria Airways might be next to go out of business or taken over!

Last edited by Alan Fry; 03-02-2012 at 13:58.
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Old 03-02-2012, 17:47   #4
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Re: Hungarian airline Malev collapses

Quote:
Originally Posted by Alan Fry View Post
The Hungarian national airline Malev has folded after its financial situation became unsustainable because of higher cost and the EU forcing the airline to repay state from the Government of Hungary (who used to own the airline until 2007, when they sold it to russian investors, but they went bust so the government took control again in 2010). They might relaunch the airlines but its future remains uncertain! Just 4 days ago Spainair went out of business, more to follow?
It is a forum courtesy to actually post links to news items so let me show you how to find links in the first place.

let me google that for you
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Old 03-02-2012, 22:14   #5
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Re: Hungarian airline Malev collapses

Quote:
Originally Posted by Peter_ View Post
It is a forum courtesy to actually post links to news items so let me show you how to find links in the first place.

let me google that for you
Sorry here is the link:

http://www.bbc.co.uk/news/business-16866872
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Old 03-02-2012, 22:19   #6
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Re: Hungarian airline Malev collapses

Quote:
Originally Posted by Peter_ View Post
It is a forum courtesy to actually post links to news items so let me show you how to find links in the first place.

let me google that for you
They don't teach that in Universities now
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Old 03-02-2012, 22:21   #7
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Re: Hungarian airline Malev collapses

Or colleges...
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Old 03-02-2012, 22:34   #8
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Re: Hungarian airline Malev collapses

Quote:
Originally Posted by Hugh View Post
Or colleges...


Indeed
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