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Malev will sell off by end October

Budapest, Hungary - Buyers are urgently required for repayment debts and to increase airline's capital

Yesterday, agency for Hungary’s state privatization said that a tender for the sell off of the state’s stake in the Malev, the ailing national airline, would plan in late October. Hungarian Government in fact at the end of July decided to invite bids for the carrier (see news AVIONEWS). The administration wishes to sell its 99.95% in the airline, one of central Europe’s smaller state-run carrier. Any p...

AVIONEWS - World Aeronautical Press Agency - 101417
Rome, Italy, 08/06/2004 12:28
AVIONEWS - World Aeronautical Press Agency

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