Budapest Airport signs five-year leases with Malév units

Malév Ground Handling and maintenance unit Aeroplex of Central Europe will continue to operate at the airport.
BusinessFriday, 13:40 April 27., 2012 Read more

Petition to resolve crisis after Malév grounding

Local officials from around Liszt Ferenc International Airport Budapest signed a declaration to resolve a crisis resulting from jobs lost.
LifeFriday, 09:45 March 23., 2012 Read more

Malév grounding hits capital's five-star hotels

Occupancy rates at Budapest's five-star hotels have fallen 20-25% since troubled national carrier Malév was grounded.
BusinessMonday, 15:00 March 19., 2012 Read more

Budapest Airport to close Terminal 1

A significant drop in turnover following the grounding of Malév has lead to the decision; according to the airport operator, Terminal 2 can handle all flights.
BusinessWednesday, 10:15 March 14., 2012 Read more

Parliament votes to establish committee for Malév

The committee will assess the privatization of  Malév and its subsequent re-nationalization, as well as the privatization of Budapest Airport.
BusinessTuesday, 12:00 March 13., 2012 Read more

Budapest-Athens flight launched

Greece's Aegean Airlines on Friday re-launched direct flights between the Hungarian capital and Athens.
LifeFriday, 14:20 March 9., 2012 Read more

Association for re-establishing a natl carrier initiates talks with gov't

The National Development Ministry said it was gauging the conditions necessary for the establishment of a new Budapest-based national airline.
EconomyWednesday, 16:45 March 7., 2012 Read more

Former Malév CEO mum on new natl carrier till decision taken

Papers revealed that a consortium of investors want to establish a new national carrier, but those concerned refuse to comment until final decision is made.
BusinessWednesday, 10:15 March 7., 2012 Read more

Number of aircrafts directed by HungaroControl down about 2% last year

Although the Malév shutdown had negative effect on HungaroControl, the air traffic controller does not expect a significant fall in revenue in the long term.
BusinessMonday, 10:55 March 5., 2012 Read more

GKI still projects 1.5% economic contraction

GKI said a decline in the farm sector would take a full percentage point off GDP this year.
EconomyMonday, 10:25 March 5., 2012 Read more

Budapest Airport cuts passenger number projection by 2 mln

There are still ten destinations that were served only by Malév, and no airline has yet said it would fly to these cities.
BusinessMonday, 11:40 February 27., 2012 Read more

Budapest Airport announces layoffs because of Malév grounding

Liszt Ferenc International Airport Budapest lays off 250 people and suspends investments because of the grounding of national carrier Malév.
BusinessWednesday, 17:20 February 15., 2012 Read more

Court orders Malév under liquidation

The Municipal Court of Budapest has ordered troubled national carrier Malév under liquidation, and also extended by 90 days a moratorium on claims against Malév by creditors and suppliers.
BusinessWednesday, 14:50 February 15., 2012 Read more

Malev board chairman says government committed to airline

Chairman of the Board Janos Berenyi of Hungarian national carrier Malev said on Tuesday that the government’s Monday designation of Malev as a "business of prime strategic significance" is evidence of its commitment to the airline.
BusinessTuesday, 17:40 January 31., 2012 Read more

Malev financing impossible from end-January, says CEO

The financing of the activities of national carrier Malev will become impossible from the end of January, in spite of improving business performance, CEO Lorant Limburger told the airline’s board on Monday.
BusinessMonday, 17:40 January 30., 2012 Read more

UPDATE 2 - Govt declares Malev 'strategic company' in decree

The government on Monday declared national carrier Malev a "business of prime strategic significance".
BusinessMonday, 15:20 January 30., 2012 Read more

UPDATE - Govt declares Malev 'strategic company' in decree

The government on Monday declared national carrier Malev a "business of prime strategic significance".
BusinessMonday, 12:00 January 30., 2012 Read more

Govt declares Malev 'strategic company' in decree

The government on Monday declared national carrier Malev a "business of prime strategic significance".
BusinessMonday, 09:40 January 30., 2012 Read more

Malev shareholders meeting takes no decision on lease or capital raise

A shareholders meeting of Hungarian national carrier Malev on Friday failed to decide on the extension of an aircraft lease contract or on a capital raise, Malev board chairman Janos Berenyi told in a statement to MTI late on Friday.
BusinessFriday, 20:25 January 27., 2012 Read more

Malev shareholders meeting recessed as lease talks continue

A shareholders meeting of Hungarian national carrier Malev on Friday was recessed until 6pm because talks with the company that leases the airline its Boeing aircraft had not finished, Malev communications director Marta Rona told MTI.
BusinessFriday, 12:00 January 27., 2012 Read more

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