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Malév Hungarian Airlines reports re-tax loss in 2009, will need fresh capital

6-Apr-2010 3:36 PM

Malév Hungarian Airlines, which reported a pre-tax loss of EUR94.4 million in 2009, stated the carrier will need fresh capital of between EUR37.7 million to EUR56.6 million to continue operations, according to Nepszabadsag (Reuters, 02-Apr-2010). The carrier will hold its AGM in May-2010.