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04-Jun-2010 5:50 AM

New battle to save Malév

Analysis

Hungarian investor and industrialist, Sandor Demjan, confirmed he and foreign investors are part of talks regarding the future of Hungary's flag carrier airline Malév. Talks are centred on reviving the carrier technically and convincing the Hungarian Government to settle the carrier's debt. Options include a possible takeover, with MRO and ground services units to be transferred to the Hungarian national asset management company.

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