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Malev goes bust!

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Malev goes bust!

Old 3rd Feb 2012, 19:16
  #41 (permalink)  
 
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Remembering that Malev had 18 737's & 4 Q 400's there should be plenty of bones to pick over without resorting to boxing matches, given that both parties are talking about 4 aircraft apiece.

Wizz were already there, the company is from there ! but no doubt Ryanair will have a point to prove. Depends of course on whether the Govt/Airport choose to give them a "sweet" deal, or do the sensible thing & support their local company.
The caveat to any aircraft from FR going there is, I believe, a "sweet" deal (as usual) Wouldn't be surprised if this just vanishes in a puff of Scotch (make that Irish) Mist, but then again, with 80 airframes lying idle for Winter, I guess they can afford to give it a punt.
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Old 3rd Feb 2012, 21:20
  #42 (permalink)  
 
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FR recruitment drive at BUD

Anyone suspect a Brookfield/Ryanair "How low will you go" hourly rate to ensure a BUD base position? Am I being too cynical? 5/3 is a certainty, maybe a 5/2? A liability clause for using too much deicng fluid?? (tounge in cheek) They will make no qualms about suggesting that they have you over a barrell. It's whether you actually believe them? Goodluck to the ex-Malev crews
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Old 3rd Feb 2012, 21:45
  #43 (permalink)  
 
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Fifteen of the 737s are being ferried BUD-SNN this evening, still with Malev flight numbers and crews.
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Old 3rd Feb 2012, 21:59
  #44 (permalink)  
 
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A bad week for all of the people involved....

I have a very, very good friend inside Malev - I can only wish him and his family every last ounce of luck for the future....

But let's not get confused....

Spanair closed down because the Catalan Government pulled the plug....The owners/backers made a business decision as they have a right to do in any business

But Malev's demise is because of nonsensical rules introduced by the faceless, unknown, unelected, gravy swilling politicos in Brussels...

I've said it before here on PPRuNe, especially during the Alitalia crisis, but if Hungarian taxpayers are happy to have their own, elected Government continue to hand over some of their taxes to support Malev, what the has it got to do with non-Hungarians in Brussels ??

One day, one day, the whole of Europe outside of France and Germany will have no choice but to say " Enough's enough with the whole bloody nightmare that is Brussels "
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Old 3rd Feb 2012, 22:12
  #45 (permalink)  
 
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Malev

And so say all of us - the sooner we leave Brussels the better for us all.
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Old 3rd Feb 2012, 22:48
  #46 (permalink)  
 
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Some of the best pilots I've ever had the pleasure to fly with were from Malev, true professionals, extremely friendly guys they made me discover their fantastic nation and capital,when the Red bull air race was on, and they were flying the 737 low over the Danube between the Chain bridge and Parliament.
For what is worth this is how I will remember Malev.
For the rest, you know, dictators go along with dictators....
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Old 3rd Feb 2012, 23:07
  #47 (permalink)  
 
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This stinks - the blue-yellow airline will be ready to take over in two weeks...TWO WEEKS! I didn't know that setting up a base of ops was such an easy task...isn't it strange, how some things like request for payback of subsidy and arrival of the vulture airline are so close together?
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Old 4th Feb 2012, 05:10
  #48 (permalink)  
 
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Just think along the lines - what is it called "rescue operation" by RYR if not the long-awaited offensive against Wizzair?
Finally they can get into one of the Wizz bases (and be welcome there!) and start to operate the SAME routes (BUD-EHN, BUD-CRL, etc.) like Wizz - for sure on an initially lower price, but then... Guess what...

Don't get me wrong I do support competition and in general I have no problems with RYR, but I hope Wizzair will stay in the business for long beside them.

Also - since Malev is bust the Hungarian government (of which you've heard more than enough lately, I'm sure) doesn't have to PAY the penalties to the European Commission due to the support of Malev (and we talk about some big bucks here) - so - just think - we had a national airline with the government as major shareholder... They probably said: to the heck with it, we can spare some money by putting it down, we don't have to support it and we don't have to pay the penalty to the EC - win-win for them, but as normal they don't give a shit about the people involved.
It's not the fact that Malev went bust, it's the way it did. Oh, and for those of you who don't know, the head of Wizzair was a Malev CEO once upon a time - he has managed to get down the annual losses by 60 percent in one year and he got fired - then he went and founded Wizzair...
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Old 4th Feb 2012, 05:22
  #49 (permalink)  
 
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There are plenty of FR 737's parked up at BHX for the winter (even though they being used in rotation). Perhaps they'll be positioned out to BUD in the coming days.
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Old 4th Feb 2012, 07:27
  #50 (permalink)  
 
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Sorry Hussar 54,but I don't understand your theory/complaint.Regardless of EU legislation,any airline which receives state aid to stay alive is "competing" unfairly with airlines not in such a favoured position.It should probably be outlawed under worldwide regulation.May be different for a purely internal airline,but it makes for a not level playing field for international competitors,maybe even sharing identical routes.
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Old 4th Feb 2012, 08:26
  #51 (permalink)  
 
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I don't love the European Commission any more than the rest of you, but the rules are in place to ensure free and open competition.

Those who don't like the system can go and live in N Korea. The rest of us accept that well-run businesses will thrive and badly run businesses will fail.

Malev was hardly ever run as a business at all. Even after the soviet era ended its management would will still jump when its incompetent political masters said jump. It never made an aircraft selection decision on its own, fairly and openly.

Some guys here don't realise that the aviation world doesn't need Malev any more than it needed Olympic. The pax will continue to fly.
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Old 4th Feb 2012, 08:41
  #52 (permalink)  
 
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Sad to see another name disappear. But once again this reinforces the idea that airline business is just that, a business. Say what you like about Ryanair but that's first and foremost what they're about and there's plenty of business to be had out there. The way some people are talking, you'd think MOL pulled the trigger on Malev but it was suicide.

Any airline that fails to understand this reality is doomed to follow Malev into history.
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Old 4th Feb 2012, 08:41
  #53 (permalink)  
 
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I don't love the European Commission any more than the rest of you, but the rules are in place to ensure free and open competition.
Thats the best joke I've heard all week. Nice one.

Oh sorry.. you were serious?!

I guess the EU ministry of propoganda has done its job well then.
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Old 4th Feb 2012, 09:00
  #54 (permalink)  
 
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While FR is not the most employee friendly organization, at least some will still be able to put food on the table, and pay the mortgage. Is that good or bad?

Fortunately, there are opportunties for 737 skippers from the Middle to the Far East. Not such great news for cabin crew however, I guess.

Good luck to all.
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Old 4th Feb 2012, 09:17
  #55 (permalink)  
 
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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.
If you honestly think Ryanair does not get any subsidies and hasn't gotten them in the past, then you are sadly mistaken.
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Old 4th Feb 2012, 10:59
  #56 (permalink)  
 
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His Dudeness

The difference is fundamental.Most FR subsidies are from airports or regional authorities trying to get flights where there may well otherwise be none,and to a successful,rather than eternally loss making outfit.Rather different to a national government trying to prop up an airline despite EC rules totally forbidding it,and where there are perhaps plenty of profitable operators to step in without tax payers money being wasted.
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Old 4th Feb 2012, 12:02
  #57 (permalink)  
 
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Most FR subsidies are from airports or regional authorities
Getting OT here, but in Italy (and most other places) all of those airports/regional authorities are, of course, funded by the taxpayer... you say toe-may-toe, I say toe-mah-toe
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Old 4th Feb 2012, 13:23
  #58 (permalink)  
 
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This stinks - the blue-yellow airline will be ready to take over in two weeks...TWO WEEKS! I didn't know that setting up a base of ops was such an easy task...isn't it strange, how some things like request for payback of subsidy and arrival of the vulture airline are so close together?
FR announced 2 weeks ago that it was starting services from Bud so you can pretty much guaratee that they had already had discussions with Bud Airport authorities and discussed route opportunities going back months.

The Malev issue relating to EU was announced on January 9th so not sure how you can suggest its quick.......the dogs in the street knew months ago that this was a strong possibility that this would be EU decision.

The fact they can move quickly means quite a bit of planning for eventualities like this but think you will find other airlines would also have been doing the same thing.
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Old 4th Feb 2012, 13:41
  #59 (permalink)  
 
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MOL will be rubbing his hands with glee at the thought of a carrier, especially a national carrier going down. He will be sending in his army of minions to take over the whole operation and no doubt get better rates than Malev did. This is the way he works sadly!
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Old 4th Feb 2012, 14:09
  #60 (permalink)  
 
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He negotiates reduced landing fees, the airport makes more money from selling the food & drink that he does not provide on the flight to more passengers than they had before.
Both sides win.

Most airports make most of their money nowadays from selling stuff to the passengers who have to check in earlier due to the security circus and then sit around for 2 hours with nothing to do but spend money.
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