newstodate.aero
AUG 29, 2004 (newstodate): Hungarian carrier Malev's fifth attempt at privatisation has failed.
Top-running AirBridge consortium around KrasAir outpaced other participants as to potentials for cash injection into the ailing and debt-ridden airline, but concerted pressure from unions and the Hungarian political oposition that claimec the bid was still too low forced the government to abort the privatisation process.
Top-running AirBridge consortium around KrasAir outpaced other participants as to potentials for cash injection into the ailing and debt-ridden airline, but concerted pressure from unions and the Hungarian political oposition that claimec the bid was still too low forced the government to abort the privatisation process.