March 10, 2010
Malév's business plan contains annual savings of more than HUF 6 billion.
Malév's business plan contains annual savings of more than HUF 6 billion, which the Hungarian airline aims to achieve by renegotiating supplier contracts, cutting staff, and reducing general costs, as well as through new ways of selling tickets and cheaper operation of its scaled-down fleet, CEO Martin Gauss told MTI in an interview.
Following 200 layoffs since 2008, a further 300–400 redundancies have to be made, Mr Gauss said. The goal is to bring Malév's headcount, not including staff at its subsidiaries, to about a thousand from the current 1300, he added.
