newstodate.aero
AUG 04, 2005 (newstodate): The Russian-Hungarian consortium around KrasAir seems to be emerging as the potential winner of the ongoing tender for privatisation of Hungarian carrier Malev.
KrasAir is a major partner in the AirBridge consortium that has so far outpaced other participants as to potentials for cash injection into the ailing and debt-ridden airline that earlier failed twice in its privatisation efforts.
A major asset of the AirBridge/KrasAir party may be the potentials for securing a significant role for Malev as an interface between European and Russian air transport.
A final decision on Malev's future ownership is pending around the middle of August, sources say.
KrasAir is a major partner in the AirBridge consortium that has so far outpaced other participants as to potentials for cash injection into the ailing and debt-ridden airline that earlier failed twice in its privatisation efforts.
A major asset of the AirBridge/KrasAir party may be the potentials for securing a significant role for Malev as an interface between European and Russian air transport.
A final decision on Malev's future ownership is pending around the middle of August, sources say.