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Old January 31st, 2007, 05:08 AM   #1
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✈ | W6/HUN | Airlines of Hungary

Malév voted best East European Airline

24 Jan 2007 bbj.huThe managing director of Hungarian airlines Malév collected a prize in New York yesterday, after readers of the travel magazine Global Traveler voted Malév the best Eastern European airline of 2006.
János Gönci said it was an honor that Malév had received one of the 26 prizes given to some of the world's leading airlines in different categories. (Mti, Népszava)
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Old January 31st, 2007, 05:09 AM   #2
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Malév CEO says airline could become profitable within two years after privatization - extended

24 Jan 2007 bbj.huMalév Zrt, the country's unprofitable airline being sold for a seventh time, will post a wider loss in 2006 from the year before after airport fees and fuel prices rose and Hungary's currency weakened.

The carrier paid Ft 3 billion ($15 million) more in fees to Budapest Airport Zrt in 2006 while kerosene costs rose by Ft 10 billion, Malév CEO János Gönci said in an interview today. He declined to provide figures for the 2006 loss. The company reported a Ft 9 billion loss in 2005. “Our loss widened last year, but due to better efficiency not by as much as the increased costs would suggest,” Gönci said at Budapest's Ferihegy International Airport. Hungary is in final talks with Lithuanian carrier FlyLAL and Airbridge Zrt, a local investment vehicle for OAO KrasAir owner Boris Abramovich to sell Malév by the end of January, its seventh time on the auction block since communism ended. Hungary has spent more than Ft 16 billion propping up Malév as the unprofitable company struggles with debt and competition from budget carriers. A weaker Hungarian currency last year cost Malév about Ft 1 billion, while severance payments to former employees added another Ft 2 billion, Gönci said. Debt at the carrier didn't change “considerably” from 2005's Ft 30 billion, he said. Malév posted its highest-ever loss of Ft 13.5 billion in 2003. The airline may become profitable within two years after being sold, Gönci added. The State Privatization and Holding Company (APV) started talks on Malév's sale with two potential buyers: one, AirBridge, backed by a Russian airline owner, and the other the investment arm of Lithuanian airline LAL. Both parties will inject more than €100 million into the airline if they purchase it, according to unconfirmed press reports. He added that Malév had signed hedging deals for more than half of its kerosene requirement. Gönci said ÁPV had not approved Malév's request to sell one of its CRJ-200 Bombardier aircraft before its privatization. Malév had requested approval to sell the aircraft in January after an interested buyer came forward. The aircraft is one of four Malév has intended to sell. Malév said earlier it had operating losses 44.7% more than one year earlier. Hungary has spent more than Ft 16 billion propping up Malév as the unprofitable company struggles with debt and competition from budget carriers. (Bloomberg)
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Old January 31st, 2007, 05:10 AM   #3
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American Airlines Announces Codeshare and Frequent Flyer Agreements With Malev Hungarian AirlinesTuesday January 9, 10:56 am ET


FORT WORTH, Texas, Jan. 9 /PRNewswire-FirstCall/ -- American Airlines, a founding member of the global oneworld® Alliance, today announced it has applied to the United States Department of Transportation (DOT) for authorization to begin codeshare cooperation with Malev Hungarian Airlines. The application proposes that codesharing operations begin on March 25, 2007.

American and Malev, one of the leading carriers in Central and Eastern Europe, have also signed a reciprocal frequent flyer agreement. Together, these agreements will offer customers more opportunities to earn frequent flyer miles in the AAdvantage program or points in Malev's Duna Club program beginning Jan. 9, 2007. And, in the coming months, American and Malev will also implement a reciprocal agreement allowing their frequent flyers to redeem their miles or points on each airline.

"Malev is a quality airline that will greatly expand travel options to Central and Eastern Europe for our customers," said Henry Joyner, American's Senior Vice President - Planning. "Since Malev will soon become a member of the oneworld® Alliance, this relationship makes a great deal of strategic sense as well."

Under the codeshare agreement, American would place its AA designator code on Malev's daily flights between Budapest and New York JFK, as well as on flights to Budapest to and from London Gatwick, Frankfurt, Paris de Gaulle, Brussels, Rome and Zurich. Also included are flights beyond Budapest to destinations in Central and Eastern Europe, the Middle East and North Africa.

Malev would place its MA designator code on American's trans-Atlantic flights between Malev's European gateways and the United States, as well as on AA flights between New York and Toronto and other points in the United States, Canada, the Caribbean and South America.

Additionally, American Airlines AAdvantage® members will be able to earn AAdvantage miles on all Malev flights worldwide on eligible published fare tickets. Malev's network offers service to nearly 60 destinations in 36 countries, including Budapest as well as to cities throughout Central and Eastern Europe, the Middle East, North Africa and Asia.

In addition, Malev's Duna Club frequent flyer members can earn points on eligible published fare tickets on American's large network throughout the United States, Canada, Mexico, Bermuda, the Caribbean, Latin America and Asia. In total, Malev's Duna Club members will benefit from more than 250 American Airlines destinations in more than 40 countries.

"We are excited to welcome Malev to the AAdvantage program, giving AAdvantage members even more opportunities to earn miles to exciting destinations in the Malev network," said Kurt Stache, President - AAdvantage Marketing Programs.

Malev operates a modern fleet of primarily Boeing aircraft, including Boeing 767-200s and New-Generation Boeing 737s. Malev also operates CRJ-200 and Fokker 70 jets.

About American Airlines

American Airlines is the world's largest airline. American, American Eagle and the AmericanConnection® airlines serve 250 cities in over 40 countries with more than 4,000 daily flights. The combined network fleet numbers more than 1,000 aircraft. American's award-winning Web site, AA.com, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the global oneworld® Alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members serve more than 600 destinations in over 135 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation (NYSE: AMR - News). American Airlines, American Eagle, the AmericanConnection® airlines, AA.com and AAdvantage are registered trademarks of American Airlines, Inc.

About Malev

Malev, the national airline of the Republic of Hungary, is celebrating 60 years of dedicated service and distinguished tradition and plans to join the oneworld Alliance in early 2007. Malev serves 57 destinations in 36 countries in Europe, the Middle East, and North America with more than 1000 weekly departures. Malev has one of the most extensive networks in Central and Eastern Europe, operating passenger, cargo, and charter services. Malev is 99 percent owned by the Hungarian government, which has plans to privatize the company.
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Old January 31st, 2007, 05:11 AM   #4
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Malév = Magyar Légiközlekedési Vállalat
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Old January 31st, 2007, 05:16 AM   #5
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MALEV Destinations

Egypt
Cairo (Cairo International Airport)

Asia
Tel Aviv (Ben Gurion International Airport)
Beirut (Rafic Hariri International Airport)
Damascus (Damascus International Airport)
Bangkok (Suvarnabhumi Airport)


Central and Eastern Europe
Tirana (Tirana Airport)
Sarajevo (Sarajevo International Airport)
Sofia (Sofia Airport)
Varna (Varna Airport)
Dubrovnik (Dubrovnik Airport) (seasonal)
Split (Split Airport) (seasonal)
Zagreb (Zagreb Airport)
Larnaca (Larnaca International Airport)
Prague (Ruzyně International Airport)
Budapest (Budapest Ferihegy International Airport) Hub
Skopje (Skopje Airport
Podgorica (Podgorica Airport)
Kraków (John Paul II International Airport)
Warsaw (Warsaw Frederic Chopin Airport)
Bucharest (Henri Coandă International Airport)
Constanţa (Mihail Kogălniceanu International Airport) (seasonal)
Târgu-Mureş (Târgu Mureş International Airport)
Timişoara (Traian Vuia International Airport)
Ekaterinburg (Koltsovo International Airport) [starts March 25, 2007]
Moscow (Sheremetyevo International Airport)
Priština, (Priština International Airport)
Ljubljana (Brnik Airport)
Istanbul (Atatürk International Airport)
Kiev (Boryspil State International Airport)
Odessa (Odessa Airport)

Western Europe
Brussels (Brussels Airport)
Copenhagen (Copenhagen Airport)
Helsinki (Helsinki-Vantaa Airport)
Lyon (Saint-Exupéry International Airport)
Paris (Charles de Gaulle International Airport)
Berlin (Tegel International Airport)
Frankfurt (Frankfurt International Airport)
Hamburg (Hamburg Airport)
Munich (Franz Josef Strauß International Airport)
Stuttgart (Stuttgart Airport)
Athens (Athens International Airport, "Eleftherios Venizelos")
Thessaloniki (Thessaloniki International Airport, "Makedonia")
Cork (Cork International Airport)
Dublin (Dublin International Airport)
Bologna (Bologna Airport)
Rome (Leonardo Da Vinci International Airport)
Venice (Marco Polo International Airport)
Amsterdam (Amsterdam Schiphol Airport)
Madrid (Barajas International Airport)
Málaga (Málaga Airport) (seasonal)
Gothenburg (Gothenburg-Landvetter Airport)
Stockholm (Stockholm-Arlanda Airport)
Geneva (Geneva Cointrin International Airport)
Zürich (Zürich International Airport)
London (London Gatwick Airport)

North America
Toronto (Toronto Pearson International Airport)
New York (John F. Kennedy International Airport)
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Old January 31st, 2007, 05:18 AM   #6
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MALEV B737




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Old February 2nd, 2007, 06:21 AM   #7
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Malév to be part of oneworld from 1 April


Royal Jordanian, Japan Airlines (JAL) and Malév Hungarian Airlines will start offering oneworld services and benefits from 1 April 2007 in the biggest expansion of the world's leading quality global airline alliance since its launch eight years ago today.


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Five other members of the JAL Group will join oneworld alongside Japan Airlines on the same day, as affiliates - JALways, Japan Asia Airways, JAL Express, J-AIR and Japan Transocean Air.

So, from 1 April 2007 some 20 million frequent flyers from all of these airlines will be able to earn and redeem mileage awards on all other oneworld carriers. This includes more than 90,000 members of Royal Jordanian's frequent flyer system (Royal Plus), more than 19.5 million members of the JAL Mileage Bank (JMB) frequent flyer programme and 75,000 members from Malév's Duna Club.

Top-tier (Emerald and Sapphire) members will also have access to the 400 airport lounges worldwide offered by the alliance's airlines.

Eligible members of these three programmes will soon be sent new membership cards, bearing the oneworld logo, to ensure they receive their alliance benefits from 1 April.

From the same date, members of the established oneworld airlines' frequent flyer programmes will be able to earn and redeem awards and receive all other oneworld benefits on these new recruits, whose networks will also be covered by oneworld's extensive range of alliance fares and sales products.

Also on 1 April 2007, as previously announced, Aer Lingus will withdraw from oneworld, with its focus on low fare point-to-point passengers no longer in line with oneworld's strategy of providing services for premium, multi-sector, frequent, international travellers.

Three other airlines are lining up to become part of oneworld in 2007 - Dragonair, LAN Argentina and LAN Ecuador, all as affiliate members. Joining dates for these three carriers will be announced in due course.

These overall changes in membership will expand the size of the alliance substantially, to:

· Almost 700 airports, around a hundred more than now.
· Nearly 150 countries.
· 9,000 daily departures, a thousand more than today.
· Around 315 million passengers, 65 million more than at present.
· 265,000 employees.
· Almost 2,500 aircraft.
· US$85 billion revenues, up by a third.

oneworld Managing Partner John McCulloch said:


'Adding Japan Airlines, Malév and Royal Jordanian represents oneworld's biggest expansion since the alliance was launched eight years ago today. We are very much looking forward to welcoming them and their customers on board from 1 April. Their addition will broaden our network coverage in three of the fastest growing regions for air travel and further strengthen oneworld's position as the world's leading quality airline alliance.'



Royal Jordanian Chief Executive Samer Majali said:


'Membership of oneworld will create extensive opportunities for Royal Jordanian that will enable our airline to offer our customers greater and smoother access to a substantially more diverse network of destinations, with the help of our excellent stable of partners. Through RJ's own wide-ranging regional network, we will provide the other oneworld airlines with markedly increased reach in the fast growing Middle East.'



JAL Group Chief Executive Haruka Nishimatsu said: 'We are delighted to announce that JAL will become a member of oneworld on April 1. By joining hands with the alliance's nine other world-class airlines, we will be able further to strengthen the quality of our products and services, providing our customers with greater convenience, comfort, value and choice throughout the alliance's comprehensive global network. Our strong market presence in Japan and elsewhere in Asia will enable us to take a leading role in oneworld's strategy, and significantly enhance the competitiveness of this leading quality global alliance.'

Malév Chief Executive Janos Gonci said: 'Following almost two intensive years of preparation for joining oneworld, my team and I are thrilled that the big day is almost upon us and we can't wait to be fully fledged members of the alliance. We are convinced that oneworld membership is a win-win-win for Malév, for oneworld and, most importantly, for all our customers the world over.'

Work is well advanced in linking up the IT systems of the recruits to those of oneworld's established members, and to bring their various internal processes and procedures into line with the alliance's requirements, to enable them to offer the alliance's services and benefits from the start of 1 April.

Of the 24 interline e-ticketing (IET) links required to enable passengers to transfer between their flights using just electronic tickets, without the need for a traditional paper ticket, only three remain to be cut over. Malév already offers (IET) with all the other oneworld members. The three outstanding IET connections will be completed in the coming weeks.

oneworld has been the only alliance with interline e-ticketing (IET) between all of its partners since April 2005.

Royal Jordanian, JAL and Malév have already joined the alliance's Global Explorer round-the-world fare product, which already included some other carriers which are not part of the alliance. They will have the alliance's full range of alliance fares and sales products extended to them on 1 April.

American Airlines and Cathay Pacific last month transferred from Terminal 1 to Terminal 2 at JAL's main international hub Tokyo Narita, where they now operate alongside the Japanese airline. Qantas was already based there and Finnair will join them in the coming weeks. This represents the alliance's biggest consolidation project in the Asia-Pacific region, substantially smoothing and speeding connections for passengers transferring there between these airline's flights.

Massive employee training and communications programmes are now underway at the recruits and the alliance's existing members, to ensure that their staff worldwide are ready to provide oneworld's customer services and benefits across the expanded alliance from 1 April.

The three airlines will be oneworld's first new recruits for more than six years. In the interim, the alliance's focus was on helping its member airlines weather the worst financial crisis the industry has faced. Its success in this is reflected in the fact that oneworld is the only alliance whose members collectively achieved a profit in their latest full financial years - of US$1.8 billion net, while SkyTeam members lost nearly US$5 billion and Star's plunged more than US$20 billion into the red.
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Old February 3rd, 2007, 02:51 AM   #8
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I usually fly with Malev from Amsterdam to Odessa. It's a small company compared to KLM but it's service is good and the transfer in Budapest takes just 50 minutes.
I really like their network. They fly to and from a lot of small cities in Eastern Europe, and they collect all those passengers in their Budapest hub to fly them further in bigger planes to the big western European cities.
They also have a code sharing with KLM but I wonder it will last since Malev met up with Oneworld and not with Skyteam.
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Old February 3rd, 2007, 06:00 AM   #9
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Quote:
I usually fly with Malev from Amsterdam to Odessa. It's a small company compared to KLM but it's service is good and the transfer in Budapest takes just 50 minutes.
I really like their network. They fly to and from a lot of small cities in Eastern Europe, and they collect all those passengers in their Budapest hub to fly them further in bigger planes to the big western European cities.
They also have a code sharing with KLM but I wonder it will last since Malev met up with Oneworld and not with Skyteam.
Agree. From Skytrax Passenger comments , it is easily noticeable that MALEV has a high reputation among Europeans. But it should expand its network especially to Asia. Budapest Ferigehy Airport has high potentials to become a global hub for Eastern Europe
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Old February 3rd, 2007, 08:10 AM   #10
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Quote:
Originally Posted by Skyprince View Post
MALEV Destinations



Western Europe
Brussels (Brussels Airport)
Copenhagen (Copenhagen Airport)
Helsinki (Helsinki-Vantaa Airport)
Lyon (Saint-Exupéry International Airport)
Paris (Charles de Gaulle International Airport)
Berlin (Tegel International Airport)
Frankfurt (Frankfurt International Airport)
Hamburg (Hamburg Airport)
Munich (Franz Josef Strauß International Airport)
Stuttgart (Stuttgart Airport)
Athens (Athens International Airport, "Eleftherios Venizelos")
Thessaloniki (Thessaloniki International Airport, "Makedonia")
Cork (Cork International Airport)
Dublin (Dublin International Airport)
Bologna (Bologna Airport)
Rome (Leonardo Da Vinci International Airport)
Venice (Marco Polo International Airport)
Amsterdam (Amsterdam Schiphol Airport)
Madrid (Barajas International Airport)
Málaga (Málaga Airport) (seasonal)
Gothenburg (Gothenburg-Landvetter Airport)
Stockholm (Stockholm-Arlanda Airport)
Geneva (Geneva Cointrin International Airport)
Zürich (Zürich International Airport)
London (London Gatwick Airport)
You forgot Milan Malpensa in Italy!
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Old February 3rd, 2007, 08:59 AM   #11
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Eh ? I found the destination list in WIKIPEDIA and of course they cannot lie... Is that true that MALEV is flying to MXP ?
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Old February 5th, 2007, 11:42 AM   #12
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I tried to find sources indicating that Milan Malpensa Airport is served by MALEV. Do you have any ??
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Old February 5th, 2007, 08:51 PM   #13
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Malév operates 3 daily flights BUD-MXP in codeshare with Alitalia

Check out www.amadeus.net
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Old February 6th, 2007, 05:28 AM   #14
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Operated by AZ ??
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Old February 27th, 2010, 07:44 AM   #15
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Hungary's govt to renationalise airline Malev
26 February 2010

BUDAPEST, Feb 27 (Reuters) - Hungary will almost fully renationalise air carrier Malev [MALV.UL] under a deal signed by the government and Malev's Hungarian and Russian shareholders in a bid to save the airline, the government said on Saturday.

Under the agreement, reached after lengthy negotiations, the Hungarian government will raise Malev's capital by 25.2 billion Hungarian forints ($127.8 million) by injecting cash into the firm and converting its debts into equity.

This will result in the state holding a 95 percent stake in the airline, while the Russian shareholder AirBridge will have a 5 percent stake, the finance ministry said in a statement.

"The Hungarian state taking a majority stake (in Malev) will create the possibility for the company to operate in a financially stable way," the ministry said.

The two governments have been in talks for almost a year over loss-making Malev, owned by Airbridge in which Russia's state-owned Vneshekonombank holds 49 percent, with the rest of the shares held by Hungarian executive Magdolna Kolto.

Hungary's government said last year it planned to convert some of its financial guarantees into a stake in Malev which was badly in need of fresh capital and had big debts.

"Vneshekonombank will remain one of the biggest creditors of the Hungarian airline," the statement said adding that the Russian bank will pay Hungary a 32 million euro bank guarantee and will also convert Malev's loans to more favourable terms.

The government said it aimed for a solution for Malev which would be in line with domestic and European Union regulations.

"The strong restructuring programme started at the company must be continued partly to ensure that the financial rescue of the firm costs as little in taxpayers' money as possible, and also to ensure that the EU would not regard the Hungarian state's role as prohibited state subsidies," the statement said.

The aim of the restructuring is that Malev should become profitable by 2012 the latest and this will necessitate further layoffs and a renegotiation of suppliers' contracts, the ministry said.

Hungary sold off Malev to AirBridge in 2007.

Malev has been struggling with financing difficulties and received capital injections in the past years.
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Old March 1st, 2010, 05:12 PM   #16
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Wizz Air urges EU probe of Malev renationalisation

BUDAPEST, March 1 (Reuters) - Low cost Hungarian airline Wizz Air on Monday called on the European Commission to investigate the Hungarian government's decision to renationalise loss-making carrier Malev , Wizz Air said in a statement.

"If the Hungarian government implements the recently announced recapitalization of Malev, it would likely be an unlawful state aid as it clearly violates the state aid rules, it is discriminatory, distorts competition," Wizz Air said.

Hungary's government said on Saturday that Malev will be almost fully renationalised under a deal with Malev's Hungarian and Russian shareholders in a bid to save the company.
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Old February 3rd, 2012, 12:51 PM   #17
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So, Malév went bankrupt today, and stopped operations...


(Szilágyi Károly, iho.hu)

Quote:
Cash-strapped Malev ceases operations

Hungarian airline Malev has suspended operations and grounded its fleet in the face of accelerating financial collapse.

A statement on the Oneworld alliance member's website said that it taken the decision to "cease operations" from 06.00 local on 3 February "after 66 years of almost continuous operation".

Lorant Limburger, chief executive, said it had "worked hard" to avoid the airline's closure, however, recent revelations about its financial health had worsened the situation, with suppliers demanding up-front payment for services.

"This cash outflow accelerated to such an extent that the airline is now in an untenable situation," he said.

The Hungarian government is unable to offer further support thanks to EC rules on state aid. The commission on 9 January ruled that Malev would have to pay back the nearly Ft100 billion ($406 million) it received from Budapest between 2007 and 2010.

"Against this background, the board decided to order [Malev] to end its proper functioning," said Limburger.

Malev warned on 31 January that it was rapidly running out of money and called for urgent talks with politicians to secure its short-term future.
http://www.flightglobal.com/news/art...ations-367757/
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Old February 3rd, 2012, 04:18 PM   #18
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Before one month i bought a ticket from MALEV for the route Athens to Budapest and back,and today i informed the news...Last August i went in Budapest with MALEV and i was satisfy for the benefits.

(sorry for my english)
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Old February 3rd, 2012, 08:09 PM   #19
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So sad, think this whole GOVERNMENT CANT HELP BANKRUPT AIRLINES rule has to go.

I mean think about how many people are losing jobs.
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Old February 4th, 2012, 02:42 AM   #20
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Quote:
Originally Posted by krnboy1009
So sad, think this whole GOVERNMENT CANT HELP BANKRUPT AIRLINES rule has to go.

I mean think about how many people are losing jobs.
It is much cheaper to fund unemployment benefits, the rule has a reason: to avoid a race to he bottom in which all governments start subsidizing the airlines from their countries, which gives them a grossly unfair competition advantage and obliges other govts to fund theirs as well.

In any case, a new airline is likely to emerge from the mess, like Swiss Airlines, KLM, Alitalia (twice) etc. Then these people will find jobs there.
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