1,929 result(s) for crisis
Glut Of Unsold Homes Declines In Budapest
- 17 Feb 2012 8:06 AM
- property
"The number of unsold homes in Budapest fell to 3,100 in January from a peak of 3,800 in 2009, according to OTP mortgage subsidiary OTP Jelzálogbank. This year home builders expect to break ground on 2,000 new units, after 2,500 homes were built last year.
Hungarian State May Have To Pay Ft 1,000bn Due To Malev Collapse
- 13 Feb 2012 8:10 AM
- current affairs
"The state may be obliged to pay up to Ft 1 trillion to Liszt Ferenc Airport operator Budapest Airport due to the collapse of Malev airlines, government accountability commissioner Gyula Budai declared last week. The Development Ministry said in a “White Book” published in December that the state’s liability in such a scenario would be Ft 450 billion.
Ryanair Boss Attacks Wizzair Prices In Budapest
- 10 Feb 2012 8:10 AM
- travel
"Loss making Wizzair cannot compete with Ryanair on prices, costs or punctuality," claimed Ryanair’s Michael O’Leary yesterday afternoon at the InterContinental Budapest Hotel. Ryanair also announced on 9th February that it will open its new Budapest base next Friday 17th February. The airline also confirmed details of record bookings on its 31 routes over the first 7 days since it released fares ...
FT: Ryanair vs Budapest: Playing Dirty? Hungarian Airport Response
- 9 Feb 2012 11:55 AM
- travel
"Budapest Airport CEO Jost Lammers was surprised to learn of the comments attributed to Budapest Airport in the FT article yesterday evening. Therefore he wishes to redress the balance with a formal official statement to avoid any misunderstanding for all stakeholders, especially the passengers and Ryanair.
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
Malév Is Dead, Long Live Low Cost Carriers?
- 9 Feb 2012 12:00 AM
- current affairs
The predictable passing of Malév triggered rapid expansion announcements from both Ryanair and Wizz Air. SmartWings, Air Berlin and others have added flights, with more low cost carriers positioned to pounce. All good for budget travelers as prices are driven down via increased ...
Updated: Important Passenger Notice From Malév
- 8 Feb 2012 8:00 AM
- travel
"Dear Passengers, concerning your travel, we suggest that you ask other airlines about their offers or, if possible, you choose an alternative method of transport.
Hungarian Malév Airlines Stops Flying After 66 Years
- 6 Feb 2012 8:05 AM
- travel
"State airline Malév announced the cancellation of all flights at 7 a.m. Friday morning, effectively shutting down all operations after 66 years. Flights were grounded from 5 a.m., with passengers told that the flights were delayed.
Budapest Airport Getting Back On Its Feet After Malév Collapse
- 6 Feb 2012 8:03 AM
- travel
"Budapest Airport is pleased to report that following the events of Friday 3rd February, when the entire Malév fleet was grounded, a gentle calm has returned in the last 48 hours. Budapest Airport successfully used its Crisis Control Center, situated in Terminal 2, to manage the immediate effects of the national airline’s collapse with a primary view to ensuring that stranded passengers were ...
Glut Of Unsold Homes Declines In Budapest
- 17 Feb 2012 8:06 AM
- property
"The number of unsold homes in Budapest fell to 3,100 in January from a peak of 3,800 in 2009, according to OTP mortgage subsidiary OTP Jelzálogbank. This year home builders expect to break ground on 2,000 new units, after 2,500 homes were built last year.
Hungarian State May Have To Pay Ft 1,000bn Due To Malev Collapse
- 13 Feb 2012 8:10 AM
- current affairs
"The state may be obliged to pay up to Ft 1 trillion to Liszt Ferenc Airport operator Budapest Airport due to the collapse of Malev airlines, government accountability commissioner Gyula Budai declared last week. The Development Ministry said in a “White Book” published in December that the state’s liability in such a scenario would be Ft 450 billion.
Ryanair Boss Attacks Wizzair Prices In Budapest
- 10 Feb 2012 8:10 AM
- travel
"Loss making Wizzair cannot compete with Ryanair on prices, costs or punctuality," claimed Ryanair’s Michael O’Leary yesterday afternoon at the InterContinental Budapest Hotel. Ryanair also announced on 9th February that it will open its new Budapest base next Friday 17th February. The airline also confirmed details of record bookings on its 31 routes over the first 7 days since it released fares ...
FT: Ryanair vs Budapest: Playing Dirty? Hungarian Airport Response
- 9 Feb 2012 11:55 AM
- travel
"Budapest Airport CEO Jost Lammers was surprised to learn of the comments attributed to Budapest Airport in the FT article yesterday evening. Therefore he wishes to redress the balance with a formal official statement to avoid any misunderstanding for all stakeholders, especially the passengers and Ryanair.
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
Malév Is Dead, Long Live Low Cost Carriers?
- 9 Feb 2012 12:00 AM
- current affairs
The predictable passing of Malév triggered rapid expansion announcements from both Ryanair and Wizz Air. SmartWings, Air Berlin and others have added flights, with more low cost carriers positioned to pounce. All good for budget travelers as prices are driven down via increased ...
Updated: Important Passenger Notice From Malév
- 8 Feb 2012 8:00 AM
- travel
"Dear Passengers, concerning your travel, we suggest that you ask other airlines about their offers or, if possible, you choose an alternative method of transport.
Hungarian Malév Airlines Stops Flying After 66 Years
- 6 Feb 2012 8:05 AM
- travel
"State airline Malév announced the cancellation of all flights at 7 a.m. Friday morning, effectively shutting down all operations after 66 years. Flights were grounded from 5 a.m., with passengers told that the flights were delayed.
Budapest Airport Getting Back On Its Feet After Malév Collapse
- 6 Feb 2012 8:03 AM
- travel
"Budapest Airport is pleased to report that following the events of Friday 3rd February, when the entire Malév fleet was grounded, a gentle calm has returned in the last 48 hours. Budapest Airport successfully used its Crisis Control Center, situated in Terminal 2, to manage the immediate effects of the national airline’s collapse with a primary view to ensuring that stranded passengers were ...