Malev Hungarian Airlines 737-700. By Rob Finlayson Hungarian state-owned Malev Hungarian Airlines (MA) ceased all operations early on Feb. 3 saying its cash flow situation had become “untenable” after its partners lost trust in the carrier and began demanding advance payments for their services. An MA source told ATW the oneworld alliance carrier was also unable to pay a passenger-ticket-insurance, a value of €30 million ($39.5 million). The government put the 95% ...

Subscribe to Access this Entire Article

"Malev Hungarian Airlines stops operations" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.