newstodate.aero
NOV 04, 2004 (newstodate): There seems to be little immediate hope for a succesful privatisation of Hungary's national carrier, Malev.
The troubled airline has obviously not been able to attract bidders that will be required to take on the airline's debts and raise the airline's capital.
The sole bid on Malev falls by far short of meeting these demands, industry reports say.
Behind the bid is a group headed by Malev's former CEO, Ferenc Kovacs.
The troubled airline has obviously not been able to attract bidders that will be required to take on the airline's debts and raise the airline's capital.
The sole bid on Malev falls by far short of meeting these demands, industry reports say.
Behind the bid is a group headed by Malev's former CEO, Ferenc Kovacs.