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Hungarian start-up enters difficult airline world – corporate

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2 years ago

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A new Hungarian airline is hoping to fill the gap in the market left by the collapse of the…

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http://www.euronews.com/2013/08/19/hungarian-start-up-enters-difficult-airline-world
A new Hungarian airline is hoping to fill the gap in the market left by the collapse of the country’s national flag carrier Malev last year.

Called Solyom – which is falcon in English – it launches charter flights from next month, with scheduled flights beginning in October.

The start-up plans to fly to 22 destinations, including six European capitals, using six leased planes.

The owners said they have financial backing from Oman and the United Arab Emirates, but industry observers believe the newcomer will have a tough job in the highly competitive market.

Airlines including Wizz Air and Ryanair have already picked up some of Malev’s destinations from Budapest.

Aviation expert Gabor G Varga said: “The biggest question is who will travel with this airline, and not specifically with Solyom but who will travel with any Hungarian airline? After the bankruptcy of Malev in February 2012, the cheap airlines and the big international companies have allegedly filled up the market. Whether this is really so will become clear now. At the same time, it’s a big question whether the Hungarian market can be a basis for a successful premium airline from Budapest.”

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‘Food insecurity is on the increase’, World Food Programme Director says

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July 17, 2026

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‘Food insecurity is on the increase’, World Food Programme Director says

Conflict in Lebanon has “hit humanitarian operations” worldwide, says WFP Executive Director Carl Skau. “In the poorest countries, people are now eating less” as rising costs have reduced aid deliveries and disrupted supply chains.

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Ukraine opens new cluster of negotiations on EU membership track

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July 16, 2026

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The European Union and Ukraine on Tuesday opened a new cluster of negotiations, as part of the process for the country to join the Union.

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Latest news bulletin | July 10th, 2026 – Morning

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July 16, 2026

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Latest news bulletin | July 10th, 2026 – Morning

Catch up with the most important stories from around Europe and beyond this July 10th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.

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Grand Voyager | Exploring Budapest

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3 hours ago

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July 16, 2026

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Grand Voyager | Exploring Budapest

In 2025, Budapest welcomed a record eight million visitors, making it one of Central Europe’s most popular destinations. So what is it about this city that attracts so many travellers?

In partnership with Media City

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US launches strikes on Iran for third straight night as Trump says deal still ‘possible’

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July 16, 2026

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US launches strikes on Iran for third straight night as Trump says deal still ‘possible’

Following the latest US strikes, the UAE said Iran attacked two ships in the Strait of Hormuz with missiles, as Iran said it carried out strikes on Bahrain.

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