newstodate.aero
Sep 4, 2008 (newstodate): Russian ownership of the Hungarian carrier Malev does not infringe on the airline's position as an EU carrier.
-We have been informed by the Hungarian authorities that Mal�v, by having made a few changes to certain corporate documents, now fully satisfies EU ownership and control rules, says a spokesman for the EU Commission's Directorate General for Energy and Transport.
-The Hungarian Transport Authority will continue to closely monitor compliance, he says.
like any other Community air carrier, Mal�v
must be able to demonstrate to its national licensing authority that it is at all times owned and effectively controlled by Community interests.
-We have been informed by the Hungarian authorities that Mal�v, by having made a few changes to certain corporate documents, now fully satisfies EU ownership and control rules, says a spokesman for the EU Commission's Directorate General for Energy and Transport.
-The Hungarian Transport Authority will continue to closely monitor compliance, he says.
like any other Community air carrier, Mal�v
must be able to demonstrate to its national licensing authority that it is at all times owned and effectively controlled by Community interests.