Ferihegy might be the big business of the year
Monday, June 6, 2005, 00:00
Purchase offers for Budapest Airport Rt are to arrive today to the Hungarian government. Winner of the privatization tender will get 75% ownership minus 1 vote. The minimum USD 750 million transaction might be the biggest contract of 2005, reported business daily Napi Gazdaság relying on Financial Times. According to the article more and more fusions can be expected in air transport industry. Last year data of IATA have shown 14% increase int he number of passengers, while this year?s estimation is 5.4%.