Other European Frequent Flyer Programs - Malev in bankruptcy

Any white knights likely rescue my Duna points?

http://www.reuters.com/article/2012/01/30/malev-idUSL5E8CU3FT20120130

Any white knights likely rescue my Duna points?

http://www.reuters.com/article/2012/01/30/malev-idUSL5E8CU3FT20120130

As I see it your (only) knight might be the Hungarian government. Or not, given Hungary's dire financial straits. :td:

Probably I won't get this year's matched MA Gold either

Sell to LH may be the only way for MA to survive in some form.

I would suggest to continue on this thread

http://www.flyertalk.com/forum/oneworld/1288426-ow-bankruptcies-may-continue-malev.html (http://www.flyertalk.com/forum/oneworld/1288426-ow-bankruptcies-may-continue-malev.html)

or to have a last update here
Budapest Business Journal-last news (http://www.bbj.hu/business/update---govt-declares-malev-strategic-company-in-decree_62553)

And for the very last update here too:
Budapest airport official website (http://www.bud.hu/english/passengers/flight_information)

I would suggest to continue on this thread


oops! didn't notice the other thread.


Got to say I liked the line "... (funds available for much less time) if suppliers lose confidence.." Why on earth should they lose confidence :D ?

Yikes - have used Malev.


Any white knights likely rescue my Duna points?

http://www.reuters.com/article/2012/01/30/malev-idUSL5E8CU3FT20120130

Sell to LH may be the only way for MA to survive in some form.

That would mean leaving Oneworld, though suspect that would be the least of Malev's worries. If IAG had the funds it would be a better fit but they've just spent a bit on BMI.

Hmm not a good development. I have a couple of tickets booked with them for April and June..

Malev has stopped operations this morning at 6:00 am :(

Sad news indeed.

20+ years of mismanagement and political messing came to "fruition" :(

What will happen to people holding tickets?

I have a few non-refundable roundtrips with them. What would be the best procedure to go about getting a refund?

What will happen to people holding tickets?

I have a few non-refundable roundtrips with them. What would be the best procedure to go about getting a refund?If you paid by credit card, your credit card company would probably be the likeliest/easiest although this may depend on the legislation of the country in which your card is issued.

[QUOTE=Xandrios;17943497]What will happen to people holding tickets?/QUOTE]

If Malev is anything like Spanair (stopped flying on Friday night with no prior notice to staff or passengers, and sold tickets for future dates up until the time of closing) then you are probably $OL.

Best of luck, though!

Perhaps someone should start an early-warning thread naming the airlines that are in danger of going under. On the other hand, it would be quite a long list! :eek:

I just learned that MALEV filed for bankruptcy today.

This is the 2nd European airline (Spanair) to go bankrupt in recent weeks.

I just learned that MALEV filed for bankruptcy today.

This is the 2nd European airline (Spanair) to go bankrupt in recent weeks.

Not good news however unfortunately the writing was on the wall for this one for a couple of years.

Not good news however unfortunately the writing was on the wall for this one for a couple of years.

Agree, sooner or later it was going to happen. Will be interesting if perhaps Wizz or any of the Oneworld partners will take over the slots in the future.

Agree, sooner or later it was going to happen. Will be interesting if perhaps Wizz or any of the Oneworld partners will take over the slots in the future.

Airberlin?

What will happen to people holding tickets?

I have a few non-refundable roundtrips with them. What would be the best procedure to go about getting a refund?If ticketed on a different carrier, they should rebook you. If not, credit card I guess, but not sure this works.

Agree, sooner or later it was going to happen. Will be interesting if perhaps Wizz or any of the Oneworld partners will take over the slots in the future.Which slots? You only get slots issues at congested airports. I do not think that BUD falls into this category.

Thanks :)

I got the ones directly bought at malev.com back through Amex. I also have one through an online TA..and that will be more difficult. The TA didn't get any official notification from Malev yet, and doesn't wanna do anything until then.

Guess I could always ask my bank to retrieve the money back from the TA, but I will probably be screwing them in that way..

Good night, Malev.

Which slots? You only get slots issues at congested airports. I do not think that BUD falls into this category.

Plenty of space for new airlines then.

http://www.bbc.co.uk/news/business-16866872

sad....as it provided good connections in eastern europe...

Spain air was last week--- who is next?

As I see it your (only) knight might be the Hungarian government. Or not, given Hungary's dire financial straits. :td:

Probably I won't get this year's matched MA Gold either

You can have mine! :D

I recieved my gold card (soft landing from plat) in the mail yesterday, probably from one of the last batches sent out.

Sorry to hear the news. Flew them from BUD-CDG and they were excellent.

Ryanair is reporting 31 new routes from BUD, beginning 17 Feb, to fill the void due to Malev.
http://www.ryanair.com/en/news/ryanair-to-open-budapest-base-in-two-weeks-with-31-new-routes

You can have mine! :D

I recieved my gold card (soft landing from plat) in the mail yesterday, probably from one of the last batches sent out.

I got my renewal some days ago as well...and I will make some excellent use of it now: Use it as an ice scraper.

Wizz Air already flying many of the proposed Ryanair routes: http://wizzair.com/destinations/map/?language=EN

Ryanair is reporting 31 new routes from BUD, beginning 17 Feb, to fill the void due to Malev.
http://www.ryanair.com/en/news/ryanair-to-open-budapest-base-in-two-weeks-with-31-new-routes

Flightradar just tweeted that there are 8 Malev planes flying from BUD to SNN

http://yfrog.com/h72tvnp

On early Friday afternoon International Lease Finance Corporation (ILFC) is to fly back nine aircraft leased by the collapsed Hungarian airline Malév to its base in Ireland, local newswire MTI reported on Friday.

http://www.portfolio.hu/en/economy/ilfc_to_fly_back_malev-leased_aircraft_to_shannon_base_this_afternoon_mti .23735.html

Which slots? You only get slots issues at congested airports. I do not think that BUD falls into this category.

Absolutely. Ryanair is already filling the breach - one may wonder if they had some advance warning, having announced BUD as a "new" [renewed] destination a couple of weeks ago?

I used advantage points to book a Malev flight in May 2012. Now that Malev is gone, what happened to my points???

I used advantage points to book a Malev flight in May 2012. Now that Malev is gone, what happened to my points???
Call AA Aadvantage, they will rebook you.

You will have to contact AA to determine what your rebooking and/or refund options are.

Wizz Air already flying many of the proposed Ryanair routes: http://wizzair.com/destinations/map/?language=EN

http://wizzair.com/malev/

they are offering rescue fares from BUD for those with a Malev ticket by paying 9900 HUF (about US$40 or so) one way

for those of us who would fly TATL I guess MAD, and FCO would be the best airports which wont require land transfers to a different airport in the same city/area (eg. London, Frankfurt.)

please continue to follow this thread in our "other european airlines" forum :)

regards,

chrissxb
co-moderator
europe forum

Absolutely. Ryanair is already filling the breach - one may wonder if they had some advance warning, having announced BUD as a "new" [renewed] destination a couple of weeks ago?

Both FR and QS are going to fill up some of the slots lost by MA (which was around 40% of the existing traffic at BUD).

Perhaps someone should start an early-warning thread naming the airlines that are in danger of going under. On the other hand, it would be quite a long list! :eek:

Not to mention risking a self-fulfilling prophecy!

per request of forum members I've merged the three active threads on Malev's bancruptcy into this one combined thread.

ralfkrippner
forum moderator

http://www.bbc.co.uk/news/business-16866872

sad....as it provided good connections in eastern europe...

Spain air was last week--- who is next?

And also one less YQ dump

Unfortunately for me there are no new airlines taking the AMS-BUD-AMS route.
KLM doubled the price! Return on a weekend about €450, used to be €200.

It difficult because I used to go there once or twice every month. And would like to keep doing that.

Now I maybe have to fly with wizzair from EIN :(

I hope a low cost airliner will take this route.

BR,

DG

Now I maybe have to fly with wizzair from EIN :(

I hope a low cost airliner will take this route.


You want low-cost but not Wizzair? If you do not fly for business I personally would take the wizzair route anyway. RT tickets for 60 bucks or so, against 200-450 with a legacy carrier. There's even a direct train AMS-EIN :)

Sad :(

Just flew through Shannon and saw a large part of the Malev fleet parked there.

You want low-cost but not Wizzair? If you do not fly for business I personally would take the wizzair route anyway. RT tickets for 60 bucks or so, against 200-450 with a legacy carrier. There's even a direct train AMS-EIN :)

I would like a new airline to fly the AMS-BUD route. So that KLM is forced to drop their prices again. I am in AMS and for me to go to EIN takes min. 2 hours. And it means that because of the bad flight times of wizzair, I every time have to take one day off work.

KLM used to be perfect for me, fly on Friday 20:30 and return on Sunday 17:30.

Well who knows what the future will bring?

I would like a new airline to fly the AMS-BUD route. So that KLM is forced to drop their prices again. I am in AMS and for me to go to EIN takes min. 2 hours. And it means that because of the bad flight times of wizzair, I every time have to take one day off work.

KLM used to be perfect for me, fly on Friday 20:30 and return on Sunday 17:30.

Well who knows what the future will bring?

One assumption is that the new airline will have low prices, which may not be the case. KL will unfortunately probably be able to maintain the new pricing schedule for a while now.

oneWorld logo has been added to the 'Malev is bankrupt' information on malev.hu:confused:

http://www.malev.hu/index_en.htm

Is any oneWorld carrier going to save MA?

oneWorld logo has been added to the 'Malev is bankrupt' information on malev.hu:confused:

http://www.malev.hu/index_en.htm

Is any oneWorld carrier going to save MA?

Certainly not. Malév is history and there is no way back. The only way to see a new Hungarian carrier is founding one. MA is in big time debt and an attempt to 'rescue' MA is surely going to be a suicide mission. Besides, BA is busy buying BD, AA is in ch. 11 and I don't see any other candidate in the OW alliance being interested in this money sink.