Malev Hungarian Airlines expects a final decision about its future ownership by the end of this month. The troubled carrier is in talks with the government, which is considering reinvesting in Malev and helping it restructure, Deputy CEO and CCO Karim Makhlouf told ATWOnline at this week's oneworld event in Mexico City. He said the government likely will acquire at least 51%. The airline currently is 99.5% owned by the AirBridge consortium, which is backed by Russia's Vneshekonombank. It was ...

Subscribe to Access this Entire Article

"Government investment to key Malev turnaround" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.