Malev goes bust!
Join Date: Apr 2000
Location: Middle East / UK
Age: 45
Posts: 520
Likes: 0
Received 0 Likes
on
0 Posts
I was in a similar position two years ago. I wish all Malev employees all the very best of luck. It is a horrible situation to be in. There are jobs out there, no doubt, but unfortunately it may be a while before you can get back home. It seems to be the way of the industry just now. I know it will seem hard to see at the moment, but the sun will shine again. Good luck.
Join Date: Apr 2010
Location: Home soon
Posts: 0
Likes: 0
Received 0 Likes
on
0 Posts
For those (few) who celebrate:
I'm sitting in my office (not Malev) with a friend of mine, a young Malev captain who was scheduled to LEMD today. His 3 year old bright son is running to and fro in the foyer... We can hardly say a world.. just staring at each other...
b
I'm sitting in my office (not Malev) with a friend of mine, a young Malev captain who was scheduled to LEMD today. His 3 year old bright son is running to and fro in the foyer... We can hardly say a world.. just staring at each other...
b
So stop staring at eachother and tell him to get his log book stamped/a reference letter and get malev photocopy machine running while its still there.
Good luck!
I flew with them a few times; very professional airline. There is nothing to celebrate here. Terrible news for the airline, their customers and of course the country of Hungary.
Join Date: Aug 2002
Location: UK
Posts: 48
Likes: 0
Received 0 Likes
on
0 Posts
It can be wise to let an airline go bust if it has large debts, as Malev did. Then you can start new with a clean sheet for the future. Is this not the case here? As I just heard that the Hungarian government has stated that it has hopes Malev will make re-start. This might have been just a clever way to get out of paying back the state aid Malev received and clear all debts.
I really hope for all the people involved a re-start will be possible. I have been involved in a bankruptcy myself before and it is far from nice. Good luck to all there in Malev.
I really hope for all the people involved a re-start will be possible. I have been involved in a bankruptcy myself before and it is far from nice. Good luck to all there in Malev.
Join Date: Feb 2005
Location: Finland
Posts: 590
Likes: 0
Received 0 Likes
on
0 Posts
As I just heard that the Hungarian government has stated that it hopes Malev will make re-start. This might be a clever way to get out of paying back the state aid Malev received.
Join Date: Dec 2010
Location: here and there
Age: 40
Posts: 34
Likes: 0
Received 0 Likes
on
0 Posts
Next easyjet base? Having said that they have never been able (in the past anyway) to act fast enough when these opportunities have come up. Ryanair? Wizz expansion? Did not Air Berlin have too many aircraft / crew? Seems to be a good place to throw in a few....?
Join Date: Jun 2001
Location: in the hills
Age: 68
Posts: 358
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Apr 2002
Location: FUBAR
Posts: 3,348
Likes: 0
Received 0 Likes
on
0 Posts
I always thought vultures were heavy, unwieldy, slow moving birds.
Seems the "greater yellow/blue Irish Vulture" is from a different gene pool, although from the sounds of things on that press release it has been sitting on a nearby tree biding its time.
Should bring a few jobs, but , amongst the ex-Malev staff, who is going to enjoy them ?
Oh well, any port in a storm.
Seems the "greater yellow/blue Irish Vulture" is from a different gene pool, although from the sounds of things on that press release it has been sitting on a nearby tree biding its time.
Should bring a few jobs, but , amongst the ex-Malev staff, who is going to enjoy them ?
Oh well, any port in a storm.
Join Date: Apr 2003
Location: uk
Posts: 51
Likes: 0
Received 0 Likes
on
0 Posts
To all the Maliv guys thinking of joining Ryanair.
They are desperate for captains. Come summer they will not be able to cover the roster.
Negociate as a group, look for a Ryanair contract. Demand a base in Budapest, Ryanair will not want to base all of you in Hungrey, they will want to split you up, part of their divide and conquer policy.Read any contract very very closely, it is essential that you get an English speaking lawyer to come with you. Do not believe what you are told, only believe what they are prepared to but in writing. They need you more than you need them right now, do not rush into a bad deal. Stick together!!!
They are desperate for captains. Come summer they will not be able to cover the roster.
Negociate as a group, look for a Ryanair contract. Demand a base in Budapest, Ryanair will not want to base all of you in Hungrey, they will want to split you up, part of their divide and conquer policy.Read any contract very very closely, it is essential that you get an English speaking lawyer to come with you. Do not believe what you are told, only believe what they are prepared to but in writing. They need you more than you need them right now, do not rush into a bad deal. Stick together!!!
Join Date: Jun 2004
Location: Maastricht, NL
Posts: 101
Likes: 0
Received 0 Likes
on
0 Posts
Don't forget about all the other personel as well, there were not only pilots... Mechanics, etc... There's plenty of them and despite the fact that they were not officially fired yet, they have little to hope for now that all the airplanes leave for the leasing company's bases...
Any suggestion where should they try their luck?
It's interesting that in this case (that Malev went bust) the Hungarian state will not have to pay the penalty to the European Commission due to the support of the airline in the past that was deemed not in line with EU policies... Go figure who's interest was it the most...
Any suggestion where should they try their luck?
It's interesting that in this case (that Malev went bust) the Hungarian state will not have to pay the penalty to the European Commission due to the support of the airline in the past that was deemed not in line with EU policies... Go figure who's interest was it the most...
Join Date: Jan 2008
Location: MAN
Posts: 769
Likes: 0
Received 0 Likes
on
0 Posts
It is about time these heavily subsidised "companies" are taken to task. There are a few more to get rid of. Yes it is tough for the guys and girls working there but it is better for the industry as a whole. There will only be lean and mean airlines left that can compete on a global scale, this is only good for the long term future of the sector.
As always plenty of Ryanair bashing here, at least they make money and they will be here for a long time to come.
As always plenty of Ryanair bashing here, at least they make money and they will be here for a long time to come.
Join Date: Apr 2002
Location: FUBAR
Posts: 3,348
Likes: 0
Received 0 Likes
on
0 Posts
Yep, was thinking myself that it "died" in a rather dignified, premeditated fashion , been expected for at least a week. Useful indeed to avoid some looming "costs".
When something doesn't smell right. . . well you know the saying, looks like, smells like, probably is.
Edited to say, most of the Ryanair "bashing" is rather in the form of warnings to those perhaps about to partake of the Irish punt, to see both sides of the coin. If you had the pleasure to work for our Mr O' Leary you would understand the wisdom of that.
Strangely enough, I fail to see why cutting everything down to rock bottom benefits anyone other than the shareholders in companies like Ryanair, except in the short term it takes to achieve their ultimate goal. . . which is,
once Micky has seen the last dinosaur fall, & has stopped making most of his money selling 6 year old Boeings for more than he paid for them, as future expansion has stalled due to European financial meltdown, do you really foresee that he will continue to sell you tickets for tuppence halfpenny any more ? or can't you see where this will end up ? Rising air fares, crummy service, crummy working conditions, & still big profits, where do you, the customer, or me, the employee, benefit here in the long term. Think Wallmart.
The industry, both from an employment, & customer experience point of view, has been "changed" irrevocably due to Ryan /Easy/Wizz.
Whether it has been "improved" ( & whether it could/should be in a different fashion in the future) is a discussion that is too long for this thread.
Anyone employed in aviation can see, every legacy carrier that founders is merely another nail in the coffin for decent T's & C's.
Anyone celebrating it, cannot see the wood for the trees, or is looking in from the outside & therefore doesn't really have a dog in this fight.
When something doesn't smell right. . . well you know the saying, looks like, smells like, probably is.
Edited to say, most of the Ryanair "bashing" is rather in the form of warnings to those perhaps about to partake of the Irish punt, to see both sides of the coin. If you had the pleasure to work for our Mr O' Leary you would understand the wisdom of that.
Strangely enough, I fail to see why cutting everything down to rock bottom benefits anyone other than the shareholders in companies like Ryanair, except in the short term it takes to achieve their ultimate goal. . . which is,
once Micky has seen the last dinosaur fall, & has stopped making most of his money selling 6 year old Boeings for more than he paid for them, as future expansion has stalled due to European financial meltdown, do you really foresee that he will continue to sell you tickets for tuppence halfpenny any more ? or can't you see where this will end up ? Rising air fares, crummy service, crummy working conditions, & still big profits, where do you, the customer, or me, the employee, benefit here in the long term. Think Wallmart.
The industry, both from an employment, & customer experience point of view, has been "changed" irrevocably due to Ryan /Easy/Wizz.
Whether it has been "improved" ( & whether it could/should be in a different fashion in the future) is a discussion that is too long for this thread.
Anyone employed in aviation can see, every legacy carrier that founders is merely another nail in the coffin for decent T's & C's.
Anyone celebrating it, cannot see the wood for the trees, or is looking in from the outside & therefore doesn't really have a dog in this fight.
Last edited by captplaystation; 3rd Feb 2012 at 16:41.
Join Date: Apr 2011
Location: Doha
Age: 13
Posts: 461
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Mar 2003
Location: UK
Posts: 437
Likes: 0
Received 0 Likes
on
0 Posts
There will be plenty of jobs.
I would be very surprised if there is a genuine "no fee" open door invite to DEC's and current TR'd guys. Is this not about a fresh supply of work for current RYR guys and new fATPL's who are waiting to pay? I fear that the poor Malev pilots won't get a look in (or ops, ground, engineering etc etc).
All very distasteful as usual and the typical wolf-in-sheep's clothing scenario that is turning this industry into the cesspool it is rapidly becoming.
Join Date: Oct 2010
Location: Wayne Manor
Posts: 1,517
Likes: 0
Received 0 Likes
on
0 Posts
The industry, both from an employment, & customer experience point of view, has been "changed" irrevocably due to Ryan /Easy/Wizz.
I won't even begin to mention the EU-ETS.
Then the EU, sees fit to provide taxpayer cash in the form of subsidies to Ryanair, making it a harder environment for other carriers (meanwhile FR drives a race to the bottom for T&C's and other airlines follow in order to remain competetive without such subsidies:
French newspapers recently cited figures ranging between €35 million for France alone, and €660 million across the EU, as the value to Ryanair of the subsidies it receives
Air Berlin's Head of Operations for Spain and Portugal has hit out at the subsidies granted by the various regional authorities to Ryanair, which he says "eliminates competition and pomotes blackmail."
The whole of the EU, for aircraft operators is going to hell in a handcart, as AoC's get terminated, and there will be more, it remains an unattractive region for anyone to enter into the market with margins and yields cut to the bone and ever increasing requirements, i can't see any reason why investment capital (if there was any in the EU market place anyway) would contend with the market.
And the lack of capital funding, due to the debt problems of the EU makes the market place even harder still.
Until politicians actually promote and support the industry rather than take punitive action against it we will continue to watch our industry decend further into the gutter, possibly even down the drain. To the detriment of locval, regional and national economies as well the jobs it provides both directly and indirectly.
Very nicely put, captplaystation.
Alternative explanation: they see the wood very well, they are looking at it from the inside, just not form the cockpit but rather from some mgmt office, and really do have a dog in this fight.
Not everyone posting on this forum are professional pilots... even if they claim so.
Greece too but then it was expected and preparations were made, which doesn't seem to be the case in Hungary. I hope I got it wrong.
Sok szerencsét kivánok!
Originally Posted by captplaystation
Anyone employed in aviation can see, every legacy carrier that founders is merely another nail in the coffin for decent T's & C's.
Anyone celebrating it, cannot see the wood for the trees, or is looking in from the outside & therefore doesn't really have a dog in this fight.
Anyone celebrating it, cannot see the wood for the trees, or is looking in from the outside & therefore doesn't really have a dog in this fight.
Not everyone posting on this forum are professional pilots... even if they claim so.
Didn't this happen in Switerland and Italy in the past?
Sok szerencsét kivánok!
Join Date: Apr 2005
Location: in the magical land of beer and chocolates
Age: 53
Posts: 506
Likes: 0
Received 0 Likes
on
0 Posts
New flights to fill up the void.
Wizz is basing 2 extra A320's @ Budapest starting next week already, plans for 2 more a litle after that, investing an extra 37 million € in BUD.
Ryanair 31 new routes from Budapest.
charleroi and Eindhoven to get at least 10-15 extra flights to and from Budapest
from Wizz and ryanair alone.
This is gonna be a real gloves of boxing match.
Ryanair 31 new routes from Budapest.
charleroi and Eindhoven to get at least 10-15 extra flights to and from Budapest
from Wizz and ryanair alone.
This is gonna be a real gloves of boxing match.