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What airports can do in the event of the failure of their main airline
Journal of Airport Management,
7
(2),
129-135
(2013)
Abstract
Taking Budapest Airport as an example, this paper sets out to show how an airport can react in the event of the collapse of its most important airline, in this case, Malév Hungarian Airlines. The paper highlights the role played in such a situation by an active industrial manager and investor as a shareholder. It outlines what measures an airport company and its owners can take in advance and examines what can be done in the event of airline insolvency in order to get the airport concerned moving forward again.
Keywords: Malév; Budapest; airport; airline insolvency; industrial partner; active airport investor and manager
The full article is available to subscribers to the journal.
Author's Biography
Holger Linkweiler is Managing Director of HOCHTIEF AirPort (HTA) and HOCHTIEF AirPort Capital (HTAC). He is a co-founder of HTA, which was established in 1997, assuming responsibility for HTA’s business planning and financing activities. He also handled the acquisition of airports in Sydney and Budapest and the founding of HTAC.Within HTA, he oversees the following operational departments:Aviation, Commercial and Property Activities,Technical Services and Technology.
