Northern Ireland Aviation Enthusiast's Forum

General Aviation Discussion => Aviation News => Topic started by: casper on February 24, 2007, 12:55:56 AM

Title: Hungary national airline sold off
Post by: casper on February 24, 2007, 12:55:56 AM
Malev - Hungary's debt-ridden national airline - has been privatised.

Hungarian consortium Airbridge, backed by Russian carrier KrasAir, has bought the government's 99.95% stake in Malev for 200m forint ($1.04m; £530,000).

More Info (http://news.bbc.co.uk/1/hi/business/6391387.stm)