Copying and distributing are prohibited without permission of the publisher
Malev asks government for help
31 January 2012
CEO tells board of directors that the airline's financing is unresolved from the end of January.
Read more:
Malev
EU Commission
ILFC
Hungary's national carrier, Malev, has asked the government for help to continue operations, the airline said in a statement.
CEO Lorant Limburger told the airline's board of directors on Monday that the airline could not find financing to continue operations and that the situation was "unresolved from the end of January".
Take a free website trial to view this article. It's easy to get a trial - just follow this link or email sbains@euromoneyplc.com.
Alternatively, if you're already a subscriber or have a trial, simply log in below to read the article.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
