The government plans to register a new national airline before the end of this year and it is likely to be launched next year, daily Magyar Hirlap said on Wednesday quoting unnamed sources.
It is now certain that two of bankrupt carrier Malev’s subsidiaries will be rescued which also suggests that a new airline will be launched, the paper said.
Malev Ground Handling has already informed its employees that management expects a change of ownership to be completed within days. This will result in capital increase at the company which will secure the resources necessary to pay the costs of staff cuts.
The Hungarian National Asset Management Agency is likely to be the new owner.
After 66 years of nearly continuous operation, Malev grounded all its flights on February 3, 2012. The air company is currently under liquidation.