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National Asset Management Terminates Remnant of Former Hungarian Airline Malév

2020. június 17.

Hungary Today / Fanni Kaszás

Malév Ground Handling, the remnant of the former Hungarian airline, will ceases operations. The company ran out of money by June, became insolvent and therefore it will cease to exist, the owner told Hungarian news agency MTI. The airport service company, once owned by Malév, was last in the news in March, when many of their employees were fired due to a drop in business caused by the coronavirus epidemic. A competitor of the company, Budport, says Malév GH went bankrupt due to professionally questionable decisions of the management and the unfavorable service of Wizz Air.  Full story