newstodate.aero
JUL 29, 2004 (newstodate): Hungarian carrier Malev will be up for sale under a privatisation scheme expected to be completed before the end of this year already.
The decision of the Hungarian government will translate into an invitation to bid for the airline Malev in a one-off tender.
The lucky winner of the tender will lift the airline's massive debts off the shoulders of the state that currently owns the airline and provides the financial guarantees.
The Hungarian state is reportedly already talking to several potential investors.
The decision of the Hungarian government will translate into an invitation to bid for the airline Malev in a one-off tender.
The lucky winner of the tender will lift the airline's massive debts off the shoulders of the state that currently owns the airline and provides the financial guarantees.
The Hungarian state is reportedly already talking to several potential investors.