Hungarian government attempts to buy Budapest Airport

12 October 2020

According to Bloomberg Prime Minister Viktor Orban has made an attempt to take control over Budapest Airport. It has been revealed that a consortium including state-owned oil company MOL has given a mandate to real estate developer Daniel Jellinek to submit a bid to purchase the airport from the current owners Aviallalliance GmbH. Not much information is mentioned about how much the consortium is offering, or who else belongs, but it is a known fact that last year Hungary’s richest man – Lorincz Meszaros – did state his interest in purchasing the airport. Due to closed borders the traffic at Budapest Airport has dropped by 90% from the level of 17m passengers per year. With closed borders it is predicted that the volume of passengers registered in 2019 will return in 2022.

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