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MALEV TO KEEP AFLOAT WITH A NEW AGREEMENT

BUDAPEST, Erzsebet Antal, Malev's ceo, said that a new union agreement would save Malev Hungarian Airlines over the next three years. The details of the deal were not specified, but the airline will carry out a reorganization including the cut of 24% of its worforce and the cancellation of few long-haul services.

AVIONEWS - World Aeronautical Press Agency - 13234
Rome, Italy, 05/28/2001 14:06
AVIONEWS - World Aeronautical Press Agency

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