Troubled Malev received a HUF5.7 billion ($25.5 million) loan from the Hungarian government Thursday, according to multiple news reports. Hungary's National Development Ministry, which officially extended the loan, told Reuters that "Malev's situation would have become almost unsustainable" without the financial help. The announcement of the loan came shortly after Figyelo, a Hungarian business publication, reported that the airline was unable to make aircraft lease ...

Subscribe to Access this Entire Article

"Malev receives $25.5 million emergency government loan " 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.