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Aeroflot says may manage half of Hungary’s Malév

  Russia’s Aeroflot could manage a 49% of Hungarian rival Malév on behalf of Russian state bank VEB if the bank acquires the stake, a senior official from Russia’s flag carrier said on Monday.


Last year, Hungary sold Malév to AirBridge Zrt, a firm part-owned by Russian businessman Boris Abramovich. The shares are held as collateral by VEB, which financed the privatisation. “Aeroflot can become VEB’s managing agent for Malév,” said Mikhail Poluboyarinov, Aeroflot’s chief financial officer. “Theoretically such an option is possible...It would be interesting for us professionally,” he added. (MTI-Eco)