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Hungarian start-up enters difficult airline world – corporate
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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Viral posts falsely claim that the European Parliament called for an investigation into FIFA’s President Gianni Infantino.
#TheCube sets the story straight.
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How should the European Union strengthen its economy? Is it good for member states to take out loans?
MEP’s Pasquale Tridico and Markus Ferber give their opinions on this week’s episode of #TheRing.
Watch the full episode on euronews.com
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Another Europe News
France flaunts firepower and unity with allies as Macron hosts final Bastille Day parade
France flaunts firepower and unity with allies as Macron hosts final Bastille Day parade
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As the heat returns to Europe, social media accounts online are spreading misinformation on the cause of the recent temperatures. With some blaming the US for the heat in Europe. Available evidence does not support the claim.
#TheCube has the story.
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Can common debt fix Europe’s growth problem? MEPs debate in The Ring
In this week’s episode of The Ring, EU lawmakers Markus Ferber and Pasquale Tridico clash over whether common debt is the answer to Europe’s stagnant economy and weakened competitiveness.
READ MORE : http://www.euronews.com/2026/07/15/can-common-debt-fix-europes-growth-problem-meps-debate-in-the-ring
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