It is sad to see, whatever about the marketplace; MA has been in operation for around 50 years and has served Hungary right through the communist years and was one of the first Eastern Bloc airlines to operate western equipment (737-200).
The Hungarian govt has taken steps to offer some protection to the airline, protecting it from creditors (Hungarian equivalent of Ch 11?) and a new plan for the carrier is being drawn up. How legal this is under EU law remains to be seen. I do hope MA can survive.
JetPhotos.Net Photo » HA-LOA (CN: 28254) Malév Hungarian Airlines Boeing 737-7Q8 by John Fitzpatrick