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Friday May 16, 2008
Malev News

Airwise News Story Hungary's Malev To Join Oneworld

Hungary's loss making national airline Malev signed a letter of intent on Tuesday to join the oneworld airline association led by American Airlines and British Airways, Malev said.


Airwise News Story Malev Narrows Loss

Hungarian airline Malev made a loss of 2.11 billion Hungarian forints (USD$11 million) in 2004, compared to a loss of 4.3 billion forints (USD$22.4 million) a year earlier, according to a report on Tuesday.


Airwise News Story 14 Interested In Bidding For Malev

Hungary has received interest from 14 investors for the sale of loss-making national airline Malev, the privatization agency APV said on Wednesday.


Airwise News Story Hungary Again Seeks Bidders For Malev

Hungary's government is again trying to sell loss-making national airline Malev but analysts said it will be hard to dispose of without major restructuring and radical cost cuts.


Airwise News Story Malev Sale Fails Again

Hungary has again failed to sell its loss-making national airline Malev but said on Thursday it will not give up after its fourth failure and would continue to seek investors.


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