Hungarian flag carrier Malev ceased all flying operations as of 6 a.m. Budapest time today, becoming the second carrier in a week to fall victim to European austerity measures. On January 27 Spanair stopped flying after a rescue deal with Qatar Airways collapsed. A year earlier the Catalonian government approved a €10.5 million loan to help sustain the cash-strapped airline, but those efforts proved futile.
Malév Hungarian Airlines
Superjet International insists that it will meet its commitment to deliver the first of its Superjet 100s to Aeroflot and Armavia before year-end despite another short projected delay in completing Russian certification in October, as opposed to September. A breakthrough for the delayed program came less than a month ago on June 23 when the airliner’s SaM146 engine achieved certification by the European Aviation Safety Agency (EASA).
For one week at least, the gloom of the global recession seemed to lift along with the storm clouds gathered over the grounds of the Paris Air Show in Le Bourget, France. An unexpected flurry of sales activity gave the air transport market in particular a welcome boost, as contracts for firm orders, options, letters of intent and memoranda of understanding totalled close to $17 billion.
Russian aircraft lessor Avialeasing yesterday converted a letter of intent for 24 Sukhoi Superjet 100 regional airliners signed at last July’s Farnborough airshow into a firm order valued at $715 million. Scheduled for delivery between 2011 and 2013, the airplanes are destined for Avialeasing customer airlines.
Malev Hungary Airlines last month placed a firm order for two 50-seat Bombardier CRJ200 regional jets and options for another six. The Budapest-based flag carrier expects delivery of the airplanes in June and July, when it inaugurates its first Western-style feed services under a new regional subsidiary called Malev Express.