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Air transport. Malev towards brink, finds temporary agreement with ILFC

Budapest, Hungary - The airline in severe crisis of liquidity, mainly after the EU decision about State aid

Malev CEO, Lorant Limburger, during the meeting of Board of Directors last Monday, has informed the Board that despite the marketing results are in continuous improvement, the financing of the activity has become inoperable starting from end of January. At the same time, the talks with ILFC (International Lease Finance Corp.) of last Friday are resulted a success after reaching an agreement, according...

fra/pec - 1137321
Rome, Italy, 02/01/2012 12:00
AVIONEWS - World Aeronautical Press Agency

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