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

250 - 400 jobs
Number of planned job losses
Job loss
Announcement Date
8 June 2010
Employment effect (start)
1 September 2010
Foreseen end date
31 December 2013


On 8 June 2010 Malév Hungarian Airlines announced its restructuring plan for the next four years with up to 400 jobs threatened.

The strategy plan aims to remove one quarter of all employees, mainly by reducing the number of administrators. The airline also aims to renew onboard services, increase the number of destinations, increase the flight loads and reduce their airport fees.

More flight crew are to be employed even though salaries will be reduced as it is claimed that Hungarian pilots earn relatively more than the pilots in Western-Europe at the same level. The fleet now consists of 22 aircraft and will increase to 26 in 2012 and 27 in 2014.

The airline aims to gain a profit of 25 Millions Euro till the end of this period.






Eurofound (2010), Malév Hungarian Airlines, Internal restructuring in Hungary, factsheet number 70642, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70642.