Hungary Airlines has signed a memorandum of cooperation with Boeing to purchase 100 737 MAX aircraft, aiming to strengthen passenger traffic between Central and Eastern Europe and China.
The new airline, established in 2021 and majority-owned by Chinese businessman Wu Jiang, plans to use Budapest Airport as a hub to position itself as a global brand.
The company is also preparing to expand its cargo operations, potentially taking over Airbus A330F aircraft currently operated by Wizz Air, while pursuing a Hungarian Air Operator’s Certificate.
Critics question the ambitious scale of the fleet plan.
Hungary Cargo Airlines eyes late 4Q24 debut using A330Fs https://t.co/X98bGhPgR6 pic.twitter.com/Gk9eGfFEcO
— ch-aviation (@chaviation) October 22, 2024