Type
Internal restructuring
Country
Hungary
Region
Kozep-Magyarorszag; Kozep-Magyarorszag; Budapest
Location of affected unit(s)
Budapest
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

350 jobs
Number of planned job losses
Job loss
Announcement Date
28 October 2005
Employment effect (start)
Foreseen end date

Description

Malév Hungarian Airlines, the national Hungarian air carrier has been operating since 1946. The company is one of the leading airlines of the Central-Eastern European region, with scheduled passenger, cargo and charter services. The company plans to reduce the number of its employees by 350 before the end of 2005 because of financial problems. The reduction will mostly affect stewardesses.


Sources

  • 28 October 2005: Népszabadság
  • 28 October 2005: Világgazdaság

Citation

Eurofound (2005), Malév Hungarian Airlines, Internal restructuring in Hungary, factsheet number 62476, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62476.