 Malev stops flying Survival of the fittest The Economist Viktor Orban, the prime minister, said that restarting Malev was “not impossible”. Earlier this week the airline's boss had used the same half-hearted phrase to express his hopes of reviving takeover talks with the Chinese state owners of Hainan ... See all stories on this topic » | ||
| Malév Hungarian Airlines shuts down after 66 years Upfront News BUDAPEST, HUNGARY (BNO NEWS) — Hungary's state-run Malev airline company on Friday announced it would immediately cease its operations as Europe's economic crisis claims its second airline. With debts totaling up to 60 billion forint ($270 million), ... See all stories on this topic » | ||
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| Ryanair rushes to add 26 routes as Malev collapses Irish Independent By John Mulligan THE Irish arm of the ground-handling firm Servisair surrounded Hungarian flag carrier Malev's aircraft at Dublin airport yesterday. Servisair is understood to be owed a significant amount of money from the collapsed airline. See all stories on this topic » | ||
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| Hungarian airline Malev grounded after 66 years Business Recorder (blog) Hungary's national airline Malev, which has been making losses for years, was grounded Friday almost a month after the European Union said the carrier had to pay back state aid. "At 0500 GMT on February 3, after 66 years of almost continuous operation, ... See all stories on this topic » | ||
| KIngfisher Airlines' Entry into Oneworld Alliance Is Postponed Airlines and Destinations by Staff on February 3, 2012 On the same day that oneworld member MalévHungarian Airlines suspended operations, oneworld and Kingfisher Airlineshave agreed to put the Indian carrier's entry into the alliance on hold to give it time to strengthen its ... See all stories on this topic » | ||
| Ryanair to open base in Budapest Irish Examiner By Joe Dermody Ryanair is to base four new Boeing 737-800 series aircraft in Budapest Airport opening up 31 routes out of the Hungarian capital in response to yesterday's collapse of Malev Airlines. As Irish passengers stranded in Budapest eke out ... See all stories on this topic » | ||
| Shannon benefits from airline closure Irish Times As many as 15 of the airlines 22 aircraft, all of which were leased from the US-based International Lease Finance Corporation (ILFC), were due at Shannon last night within hours of confirmation the airline's collapse. Malevceased operations at 6am ... See all stories on this topic » | ||
| Hungary's national airline goes bust The Asian Age Hungary's national carrier Malev has ceased operations and grounded all its flights due to the inability to cover a $270 million debt after the government stopped financing the airlines. "The owner, despite the best intentions, is unable to provide ... See all stories on this topic » | ||
| Inside the world of business Irish Times RYANAIR HAS wasted no time in filling the void left by Malev's collapse in Hungary. The airline had clearly smelled blood last month by agreeing a deal to open five routes from Budapest. A similar story is unfolding in Barcelona, where the airline has ... See all stories on this topic » | ||
| Malev shuts down Airfinance Journal (subscription) Malev has ceased operations after running out of funds this week. The Hungarian airline said in a statement that it decided to stop flying at 6am CET this morning after... Access to this content is denied because you are not logged in. See all stories on this topic » | ||
| Strong corporate data drives values Irish Times Bad news elsewhere in its sector drew investors to low-cost airline Ryanair. The grounding of Malev's fleet yesterday following on from Spanair's troubles earlier in the week, left the market feeling that bigger players in the sector, such as Ryanair, ... See all stories on this topic » | ||
| ISEQ breaks 3100 level for first time in 18 months Irish Independent ... the grounding of Hungary's Malev and is setting up a major hub there in the next few weeks, using up some of the spare capacity aircraft it sidelined because of high fuel costs. Shares in the airline rose 9c to €4.35. Aer Lingus was flat at €0.89. See all stories on this topic » | ||
| Saturday Papers: Nasdaq jumps to 11-year high on surge in US jobs Citywire.co.uk The Guardian: Bankrupt Hungarian flag-carrier Malev grounds fleet after two aeroplanes seized, as Ryanair and other budget carriers announce new routes to Budapest. The Guardian: French Connection issues second profits warning in three months; ... See all stories on this topic » | ||
| Additional Local News Stories UPI.com Hungary's Malev airline halts operations ... NY AG files foreclosure fraud charges ... Air France unions initiate four-day strike ... News from United Press International. UPI.com is your trusted source for world news, top news, science news, ... See all stories on this topic » |
| BBC News - Hungarian airline Malev collapses Hungarian airline Malev ceases trading after 66 years after being ordered by the EU to repay state aid it has received. www.bbc.co.uk/news/business-16866872 |
| Hungarian airline Malev grounds its fleet - RTÉ News Hungary's Malev airline has grounded its fleet after running out of money. www.rte.ie/news/2012/0203/airline.html |
| Hungary's Malev airline ceases operations - Travel - News - msnbc ... Hungary's national carrier ceased operations, grounded all its flights and stranded more than 7000 passengers Friday, blaming what it called an " unsustainable" ... www.msnbc.msn.com/.../hungarys-malev-airline-ceases-operat... |
| Malev, Hungarian Airline, Ceases Operations, Strands 7000 Malev has debts of around 60 billion forints ($270 million) and has been unable to find new investors. The state-owned airline, which was established the ... www.huffingtonpost.com/.../malev-hungarian-airline-c_n_125... |
| Hungary appoints receiver to airline Malev A Malev spokeswoman said the airline would hold a news conference later on Thursday. A spokesman for Budapest's international airport said Malev'smorning ... www.reuters.com/.../uk-hungary-malev-idUSLNE81100M201... |
| Hungary's Malev airline ceases operations - US News and World ... BUDAPEST, Hungary (AP) — Hungary's Malev airline says its has ceased operations and grounded all its flights to "minimize damage" after its financial situation ... www.usnews.com/.../hungarys-malev-airline-ceases-operations... |
| Hungary's Malev airline ceases operations - WAFB 9 News Baton ... WAFB 9 News Baton Rouge, Louisiana News, Weather, SportsHungary'sMalev airline ceases operations. Member Center: Create Account|; Log In; Manage ... www.wafb.com/story/.../hungarys-malev-airline-ceases-operati... |
| Hungary's Malev Airline Ceases Operations - ABC News Hungary's Malev airline says its has ceased operations and grounded all its flights to "minimize damage" after its financial situation became unsustainable. abcnews.go.com/.../hungarys-malev-airline-ceases-operations-... |
| Hungarian national airline Malev collapses | GlobalPost Hungarian national airline Malev collapses. The carrier's announcement that it was ceasing operations and grounding its planes comes almost month after the ... www.globalpost.com/.../hungarian-national-airline-malev-coll... |
| Antara News : Bankruptcy of Hungarian airline Malev affects ... The bankruptcy of Hungarian national airline Malev has affected thousands of Slovak travelers, including those who have bought tickets from the company and ... www.antaranews.com/.../bankruptcy-of-hungarian-airline-mal... |
| Hungarian airline Malev halts operations - Yahoo! News From Yahoo! News: Hungary's national airline Malev said early Friday that it had grounded its planes after running out of cash almost a month after the... news.yahoo.com/hungarian-airline-malev-halts-operations-10... |
| Global News | Hungary's Malev airline ceases operations, says ... BUDAPEST, Hungary - Hungary's national carrier ceased operations, grounded all its flights and stranded more than 7000 passengers Friday, blaming what it ... www.globalnews.ca/Money/hungarys.../story.html |
| Malev Hungarian Airlines on Friday ceased ... - Business Travel News Business Travel News has been the voice of authority for corporate travel buyers throughout North America for over 25 years. BTN publishes 20 issues anually, ... www.businesstravelnews.com/.../Malev-Hungarian-Airlines-on... |
| Dunya News: World:-Hungarian airline Malev halts operation... At 0500 GMT on February 3, after 66 years of almost continuous operation,Malev will no longer take off, the company said in a statement posted on its website. dunyanews.tv/index.php?key... |
| Hungary's Malev airline ceases operations - San Antonio Express ... San Antonio Express-News app ... 3, 2012, after Hungarian airline Malevstopped all its services and grounded all flights after its financial situation became ... www.mysanantonio.com/.../Hungary-s-Malev-airline-ceases-o... |
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