19.1.09

stike on ferihegy airport, malev in trouble


The strike continous on Ferihegy airport in Budapest from today 4pm, as the speaker of the union told hungarian media.

They did not reach agreement with the Ferihegy airport managment company, so they will go on strike till a not known date.

It is not known how many percentage of the union workers will join the stike, so noone can tell which flights are going to delay or cancelled.

While Malev , the hungarian airline, is struggling to keep the ‘national carrier’ status, as the russian part of the managment handed their resignation over last week. Boris Ambramovits and his brother resigned from the managment as they can not keep their promises made during the privatisation.

OTP the largest bank in Hungary maybe the buyer of their stake, but minority stake will go to a russian bank (which gave credit to the russians). The russian part will go to Aeroflot later on, but still not clear who will pump the money into the airline, since it has huge debts at the ferihegy management company, and the leasing money for the planes (remember they ordered several new Bombardiers during autumn).

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