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Malev will be privatized

Budapest, Hungary - The Hungarian carrier existence depends on prospective buyers

Yesterday in Budapest the Hungarian Government announced its decision to privatize the Malev, the national airline. By the end of the year the name of the buyers will become revealed: the Chinese Hainan Airlines it's probably the most accredited, but there's the interest of Air France-Klm alliance, and Austrian Airlines (Aua) too. The Hungarian airline is threatened by the keen competition of low-cost...

AVIONEWS - World Aeronautical Press Agency - 100950

AVIONEWS - World Aeronautical Press Agency
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