Malev goes bust!
 

If you are a Boeing rated pilot looking for work it is perhaps difficult to find the bright side to 180 + rated pilots being dumped on the market, so we perhaps don't all see it like you.

<<nice>> to see people <<carrying>>:ugh: about a few hundred families left without income and 180 pilots on the run for jobs

Kwateow
 

Whatever you think of the company, there's never justification in being pleased to see it go down the swanny, hundreds, nee thousands of people depend on it for their living, how can you ever show any pleasure in them having the rug pulled from under their feet.

If you'd had your job disappear in the blink of an eye, without your pay that you're due, and without much hope of getting another job in the same country, perhaps continent then I'm bloody certain you'd think twice before posting such a comment.

Sorry to those of you left high and dry, may better opportunities come your way, I know, I've been left high and dry previously.

Kwateow, go hide your head in shame.

Sad news
 

Pity. Another piece of aviation history made. Not a good one.

They carried me on my most recent flight, Skopje - Budapest - Brussels.

Excellent service, BUD is (was) a great connecting point.

Even in the Tupolev era I can think of half a dozen flights I took with them - all above average service.

I do not share your opinion.

Having been through a "no job tomorrow" situation I feel sorry for the position being felt by the pilots and their families - unless something extra-ordinary occurs things will be tough.
Without comment - Skymark Airlines Japan (B73-8) reckon they're looking/in need for 200 foreign Captains, at least 6 (probably more) agencies in the hunt (troll pilotpointer maybe) and entry/consideration minimums...well, minimum.

NOT for everyone - maybe a consideration for some.

Seems they are flying all their 737s out to Shannon, anyone know why?

Leased from an Irish company?

Sad news for all! My best wishes to all affected. I hope you find something soon! Such a shame. The couple of times i used them i really enjoyed the experience.

Sad news. Worked with the crews for many years and they were good.

Wizz Air stands revenged
 

The stoppage comes after the airline was ordered by the European Commission last month to repay millions of dollars worth of state aid received between 2007 and 2010.

@ olivermbs,

This is where the lease company will have them stored, serviced, repainted and ready for sale to a new owner.

Too bad for Hungary and the Malev pilots, I feel for them. They will find new jobs, but it wont be at their hometown anymore.
I can only give them one advice; whatever job you take, stay away from the Irish blue, white and yellow coloured lot that exploit people for a living as you will regret working there. ;)

No reduced size re-start of Malev possible with a certain number of their pilots?

All the Boeings are "Q8" designated on the model number, which indicates they are probably leased from ILFC, at least that is who they were ordered by/initially delivered to.

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....?

not a good week for ILFC
 

17 aircraft with Spanair and a bunch with Malev oops

Not with this SH Orban in charge there, and all the red tape...

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...

Nothing to celebrate! Another sad day for aviation.

I am looking for work, having another company go belly up does not make any pleasure or happiness for anybody, I am astonished by some cold heartless comments, would certainly not want those people as a part of my crew!

Will Cyprus be forced to pay back too ?

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.

Ok,well tell him there are jobs outside of his country and being young will be on his side,paid schooling for his kid also.
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!:)

Sure, Sure. Just the first shock...
Many thanks anyway.

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.

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.

But is it really the proper way of dealing with these inefficient airlines? Do we need to have the "national" carriers everywhere? When the old debts become wiped out, the new airline to be considered soon after? As a national one, it would surely have some key positions (posts, payroll items) arranged for state VIPs and all kind of "important" politicians. What for? Is Europe still doomed to have the "national" airlines nowadays?

Didn't this happen in Switerland and Italy in the past?

Even SAS, would have gone belly up, if the countries had not bailed them out!

Ryanair are basing 4 aircraft there from 17th Feb it would appear...

RYANAIR Hungarys New National Airline
 

Market News


There will be plenty of jobs.

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.

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!!!

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...

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.

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.

https://ekgrpapplications.emirates.c...F10CD1BD5A883B


Pilots & Flight Deck Crew | Qatar Airways Global

Unfortunately you are not about to get rescued. You are about to get bent over and rogered MOL style. Despite the rhetoric, this smacks of the usual exploitation that is synonymous with a certain Irish operator.

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.

:(

I would add to that Cptplaystation, that EU actions have also changed the inudstry 'irrevocably'. EASA is mess and over regulates in some areas, yet in others, like the FTL's under regulates. it's like a propsal to do the largest amount of damage to the industry it can with regulation.

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:

etc etc ad nauseum.

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!

Sad news, for all the family's involved. Another good airline, crews and all who was involved disappears in to history.

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.