Hungary’s airlines malev which is going in economical loss from the next some time is getting cash injection from state government to pay for the aircraft leases, as said by the government officials.
A daily paper figyelo said that malev has trouble paying to international lease finance corporation (ILFC) on time for the lease of its fleet.One unnamed source on promise of not disclosing his name said that malev has got over dues on (ILFC).
He said the new loan, used primarily to pay the debts under the lease contract with (ILFC) Ensured that the airline, which was renationalized by previous socialist government. February state action and the funds received in April have taken the airlines in a better situation from previous one, if this aid was not been supplied to the malev airlines then its economical condition must be very worse according to the current scenario.
The ailing carrier received a total worth of some great amount of loan which has supported very much in the drowning career of this airlines. These types of aids from the government really provide support to the carrier of this type of organization This is well done sign for malev airlines.
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