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Thread: OT: OneWorld carrier Malev stops operating, flights grounded
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Old Feb 3, 2012 | 8:44 am
  #31  
ian001
 
Join Date: Oct 2004
Location: New York
Programs: BA, LH, VS, Hyatt, SPG
Posts: 3,813
Originally Posted by Swanhunter
Another step towards a European aviation world dominated by a couple of LCC's and the big 3 legacy groupings. Sad day for the MA staff.
And one of those three legacies, AF-KLM, has €6.5bn of net debt, and soundings are a big restructuring is imminent....
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