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Malev shuts down

03 February 2012

Hungary's national carrier stopped all flights at 6am CET this morning after running out of cash.

Read more: Malev Hungary

Malev has ceased operations after running out of funds this week. The Hungarian airline said in a statement that it decided to stop flying at 6am CET this morning after...


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"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus


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