Budapest Airport signs five-year leases with Malév units
Budapest Airport, the operator of Liszt Ferenc International Airport Budapest, on Friday said it signed a five-year lease with two units of grounded national carrier Malév.
Malév Ground Handling and maintenance unit Aeroplex of Central Europe will continue to operate at the airport.
Troubled Malév stopped operating at the beginning of February.
Aeroplex managing director Imre Nemcsók said the contract marked a milestone in the company's restructuring it has undergone since Malév's bankruptcy.
Malév Ground Handling CEO Lóránt Limburger also said his company had to make adjustments to the period post-Malév.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.