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Malev still seeks for investors

Budapest, Hungary - Analysts warn that the process for the airline's sale will hardly succeed without a restructuring and cost cuts

Hungarian Government is newly seeking for investors to sell national carrier Malev, which privatization’s attempt just failed in last week (see AVIONEWS). Authorities now planned to sell the airline by means of direct negotiations, and because of this reason pubblished an invitation to potential investors to submit letters of interest by Wednesday if they plan to take part in direct talks to buy t...

AVIONEWS - World Aeronautical Press Agency - 117829
Rome, Italy, 04/05/2005 15:02
AVIONEWS - World Aeronautical Press Agency

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