Kozep-Magyarorszag; Kozep-Magyarorszag; Budapest
Location of affected unit(s)
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

110 jobs
Number of planned job losses
Job loss
Announcement Date
31 August 2007
Employment effect (start)
31 August 2007
Foreseen end date
27 October 2007


SkyEurope, a low cost airline firm, is to close its site in Budapest with the loss of 110 jobs. The decision marks the firm's exit from the Hungarian market, and Budapest will not be offered as a flight destination by the firm in future. A company spokesman stated that some of the airline's employees in Budapest would be offered jobs at the firm's sites abroad, and also added that the firm's activities in Budapest would end by 27th October 2007.

SkyEurope cited unfavourable economic conditions, high taxes, and a significant decrease in the pool of potential customers for the move, and also stated that the strong seasonal cycle (the tendency for the autumn and winter to see very few passengers compared to the summer) had affected the decision. A company spokesman also stated that in the future the firm is to concentrate on services in Vienna and Prague instead.


  • 1 September 2007: Népszabadság


Eurofound (2007), SkyEurope, Closure in Hungary, factsheet number 65791, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65791.