AiRUnion to bid again for Malév
Russian airline alliance AiRUnion on Friday announced its intention to bid again for state-owned Hungarian airline Malév Zrt.
”On any condition, we will take part in the tender,” Olga Trapeznyikova, the spokesman for KrasAir, which heads the alliance, told MTI's Moscow correspondent.
As reported earlier, the board of the State Privatization and Holding (ÁPV) Zrt decided at a meeting on Thursday to call a new tender for Malév. ÁPV scrapped the last tender for Malév in August 2005 without declaring a winner because of “business, professional and employment considerations.” Industry insiders speculated the sale was called off after it became clear that AiRUnion was the front runner, bidding through its Hungarian unit AirBridge Zrt. The government repeatedly denied afterward that the sale was scrapped because it could have placed Hungary's national carrier with a Russian-controlled company.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.