Malev in financial trouble
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Where are all those Malev aircraft going?
Are they the property of a certain leasing company?
Meanwhile Ryanair, Wizzair and many national carriers swooping in today to lap up Malev's routes. There'll be no new national carrier arising from the Malev ashes.
Are they the property of a certain leasing company?
Meanwhile Ryanair, Wizzair and many national carriers swooping in today to lap up Malev's routes. There'll be no new national carrier arising from the Malev ashes.
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I know the days of Flag Carriers are diminishing but still, its sad to see such a venerable airline fall from grace.
Strangely, back in Communist days Malev was one of the better run Eastern Bloc carriers prefering to focus on an all Tupolev fleet and Medium Haul routes to support tourism rather then have prestige long range and thirsty IL-62s.
Sadly, the writing has been on the wall for several years. The privitisation was extremely drawn out and then Malev was sold to the now defunct Russian group AirBridge. Their only action was to order more Russian aircraft....Sukhoi 100s. Renationialisation followed once AirBridge had their own troubles at home. You would wonder how Malev would have fared had one of the other Consortiums triumphed in the bidding. Maybe enough reforms would have been made , as there were several experienced aviation industry from Western Europe (including an ex EI excutive). Then again, one of the under bidders was FlyLAL!
I can see the merits of the position regarding State aid. However, when Europe permits AF-KLM merger you can't help but think that their isn't a level playing field.
Good luck to all the staff.
Strangely, back in Communist days Malev was one of the better run Eastern Bloc carriers prefering to focus on an all Tupolev fleet and Medium Haul routes to support tourism rather then have prestige long range and thirsty IL-62s.
Sadly, the writing has been on the wall for several years. The privitisation was extremely drawn out and then Malev was sold to the now defunct Russian group AirBridge. Their only action was to order more Russian aircraft....Sukhoi 100s. Renationialisation followed once AirBridge had their own troubles at home. You would wonder how Malev would have fared had one of the other Consortiums triumphed in the bidding. Maybe enough reforms would have been made , as there were several experienced aviation industry from Western Europe (including an ex EI excutive). Then again, one of the under bidders was FlyLAL!
I can see the merits of the position regarding State aid. However, when Europe permits AF-KLM merger you can't help but think that their isn't a level playing field.
Good luck to all the staff.
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6 more heading for snn at the moment HA-LOD, HA-LON, HA-LOJ,HA-LOF all 737-600 currently over Prague and HA-LOC 737-800 HA-LOR 737-700 just departed Budapest. 14 in total heading for Snn tonight all ILFC aircraft.
ILFC and SNN in for a busy night.
ILFC and SNN in for a busy night.
Last edited by propburner; 3rd Feb 2012 at 20:03.
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Recruitment Day in Budapest!
Ryanair will be holding a recruitment day in Budapest on Tuesday next (7th Feb), inviting job applications to help Ryanair gear up for its 4 aircraft, 2m passenger p.a. base at Budapest Airport.
The recruitment day will be held in Airport Hotel Budapest.
Address: 2200 Vecses, Lorinci u. 130/A.
Presentation for Engineers will start at 10:00.
Presentation for Pilots will start at 14:00.
Details of a recruitment day for Cabin crew will follow.
All applicants must be fluent in English and have the unrestricted right to work in the EU.
Please bring you full CV in English with you on the day.
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OK, I'm not surprised, but this is still a shame.
Don't national carriers usually die a much slower death than this? I'm trying to remember back to the Swissair > Swiss changeover, how long did that take?
Don't national carriers usually die a much slower death than this? I'm trying to remember back to the Swissair > Swiss changeover, how long did that take?
Ryanair have announced 31 new routes from Budapest starting in 2 weeks time.
I guess that kind of scuppers any hope of a Malev 2 happening a la Swiss/ Swissair - Sabena / SN Brussels scenario.
Very sad to see this once great carrier disappear forever.
Good luck all.
I guess that kind of scuppers any hope of a Malev 2 happening a la Swiss/ Swissair - Sabena / SN Brussels scenario.
Very sad to see this once great carrier disappear forever.
Good luck all.
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I note they've added MAN, which MA didn't serve (v LS) - but nothing new added for London. Surely that market warrants more than the alreeady announced route to STN? MA used LGW, not MOL's favourite airport, but far from his least favourite (LHR) either.
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Currently at my parents house which is under the approach path into Shannon. In the past 30 minutes there was a queue of 6 aeroplanes which appeared to have multi-coloured tails (tail logo lights were on but it's still diffucult to make out for sure)... Normally it's dead quiet this time of night.
Those Malev 737's must have arrived.
Those Malev 737's must have arrived.
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Sabena ceased operations during November 2001, SN Airlines did not commence until 2002. Likewise, Swissair became grounded during October 2001 yet Swiss International didn't commence until April 2002.
Of course, during the interims, the other operators would have been in there trying to pick up business and routes but, as with MALEV, there is a market for national and full service airlines, surely nobody is suggesting that all the nationals of Hungary will be satisfied to fly with the likes of Ryanair and Wizzair or indeed any foreign national carriers ... they'd like their own national carrier please.
This has all happened so quickly nobody has had time to catch their breath yet ... but when they do!
Of course, during the interims, the other operators would have been in there trying to pick up business and routes but, as with MALEV, there is a market for national and full service airlines, surely nobody is suggesting that all the nationals of Hungary will be satisfied to fly with the likes of Ryanair and Wizzair or indeed any foreign national carriers ... they'd like their own national carrier please.
This has all happened so quickly nobody has had time to catch their breath yet ... but when they do!
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Of course, during the interims, the other operators would have been in there trying to pick up business and routes but, as with MALEV, there is a market for national and full service airline
Is the market big enough to sustain a national carrier, or even a base operation from an existing full service provider, and for them to do so at a profit? Much less likely.
It goes down to the old saying - yes, there's a new gap in the market, but is there a market in the gap?
Switzerland is a completely different county compared to Hungary - far wealthier, and good demand for premium yields from three key cities - finance, biotech and much more in ZRH + hinterland, chemicals in Basel, ngos in GVA and the rest. Belgium has the eurocrats.
I'm sure the vultures will do very well out of the Malev demise, but I'm not sure they will leave many scraps for a network carrier to feed on.
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jabird,
Never mind the Boeing/Airbus sized operation, Malev also previously operated F70's and more recently Q400's and CRJ Pocket Rockets .... the likes of Ryanair and/or Wizzair are only in business to shift in bulk and from point to point.
Such airlines in mid Europe are ideally placed to connect east and west Europe, the time I flew with MALEV it was because I was travelling to/from Odessa where few international carriers operate to/from. Austrian Airlines make a killing connecting east and west operating their 'Tyrolean' Pocket Rockets and/or Puddle Jumpers to/from these regional airports in eastern Europe and just check out the fares Austrian charge to/from such airports as DNK and/or HRK ... and I can tell you that they get good load factors on such routes also.
It's not all about Airbus's nor Boeing's nor is it all about being cheap and cheerful.
Never mind the Boeing/Airbus sized operation, Malev also previously operated F70's and more recently Q400's and CRJ Pocket Rockets .... the likes of Ryanair and/or Wizzair are only in business to shift in bulk and from point to point.
Such airlines in mid Europe are ideally placed to connect east and west Europe, the time I flew with MALEV it was because I was travelling to/from Odessa where few international carriers operate to/from. Austrian Airlines make a killing connecting east and west operating their 'Tyrolean' Pocket Rockets and/or Puddle Jumpers to/from these regional airports in eastern Europe and just check out the fares Austrian charge to/from such airports as DNK and/or HRK ... and I can tell you that they get good load factors on such routes also.
It's not all about Airbus's nor Boeing's nor is it all about being cheap and cheerful.
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Never mind the Boeing/Airbus sized operation, Malev also previously operated F70's and more recently Q400's and CRJ Pocket Rockets .... the likes of Ryanair and/or Wizzair are only in business to shift in bulk and from point to point.
How many hubs are there just using those aircraft - AND providing meaningful connections? Perhaps the old Sabena were somewhere up that street - I recall going through BRU once and there must have been getting on for 10 146/Avros queing up for take off. They also offered very fast connection, and even put us cattle up towards the front if we needed a speedy one.
BUT - that operation was horribly expensive. Does even the re-re-re-launched Brussels airlines make money? I was in Berlin, in the queue for the Reichstag and desperate to see the new dome before I headed back home. I remember calling them and asking what time check-in would close for their flight from THF. 'Oh Mr J, about 20 minutes before departure - try and be there by then if you can, give or take 5 minutes'.
Flybe have the kind of fleet you mention, and they've recently really started pushing the connections they send via CDG + a few of their own routings. Obviously, they've done the Finnish deal.
Something for them perhaps?
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jabird,
It's like many a main hub airport, there are few routes that can be, profitably, served by the larger aircraft unless the thru connections are offered and many of these feeder routes will only be profitable if served by the smaller aircraft types.
You mention FlyBE but, so often, LoCo's only operate at inconvenient (wrong) times of day for both business and leisure travellers alike ..... by example if, as I did, one is travelling LON/BUD/ODS one would like to depart LON at a reasonable time of morning to arrive in ODS at a reasonable time of afternoon/evening and vice versa.
MALEV had a few sizes of B737, they obviously needed them to, well atleast make the effort, operate route(s) cost effectively, Ryanair and Wizzair both, each, operate just the one type of aircraft(s) restricting their route viability.
It's like many a main hub airport, there are few routes that can be, profitably, served by the larger aircraft unless the thru connections are offered and many of these feeder routes will only be profitable if served by the smaller aircraft types.
You mention FlyBE but, so often, LoCo's only operate at inconvenient (wrong) times of day for both business and leisure travellers alike ..... by example if, as I did, one is travelling LON/BUD/ODS one would like to depart LON at a reasonable time of morning to arrive in ODS at a reasonable time of afternoon/evening and vice versa.
MALEV had a few sizes of B737, they obviously needed them to, well atleast make the effort, operate route(s) cost effectively, Ryanair and Wizzair both, each, operate just the one type of aircraft(s) restricting their route viability.
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You mention FlyBE but, so often, LoCo's only operate at inconvenient (wrong) times of day for both business and leisure travellers alike
by example if, as I did, one is travelling LON/BUD/ODS one would like to depart LON at a reasonable time of morning to arrive in ODS at a reasonable time of afternoon/evening and vice versa.
Unfortunately, these are still niche markets - otherwise there's be routes there from the usual connections hubs that also have good, often multiple daily feeds from the regionals - esp AMS, CDG & FRA.
In the meantime, TK do IST-ODS, fed from BHX, MAN & various LON, but I haven't checked timings.
MALEV had a few sizes of B737, they obviously needed them to, well atleast make the effort, operate route(s) cost effectively, Ryanair and Wizzair both, each, operate just the one type of aircraft(s) restricting their route viability.
I haven't done a route count of where MA went compared to the 31 routes FR have launched - is that map recent? DUB & ORK?
Also, if their LON airport was LGW, I'm sure BA can take the extra slack at LHR, but wouldn't MOL want to take on Easy @ LGW?
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Shannon benefits from airline closure - The Irish Times - Sat, Feb 04, 2012
On the topic of them being in SNN a further 12 Spanair aircraft are due early next week.
It is understood Malev has reached agreement with the lessor that the aircraft will remain in Shannon for a time in the event the airline can resume operations.