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aviation

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Government Proposes Acquisition of Majority Stake in Budapest Airport

D&T
Sep 8, 2023

In a significant development for Hungary's aviation industry, the Hungarian government has made a formal offer to purchase a controlling 51% stake in the company that operates Budapest's Liszt Ferenc International Airport, according to media reports. This move comes after years of speculation and attempts, and it marks a potential shift in ownership for Budapest […]

Canadian Aviation Firm Adds R&D Capacity in Hungary

D&T
Dec 22, 2022

Celebrating its 75th business anniversary, Canada-based CAE Inc. has announced to add substantial R&D capacities to his Hungarian operation. The company that develops simulation systems in defense, civil aviation and healthcare will create dozens of new jobs under a nearly HUF 3.5 billion project. Founded 75 years ago, one of Canada’s largest aviation firms, CAE […]

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