The Hungarian government has decided to fully privatize Malev -- in which the state's holding agency APV Rt. currently owns 99.93% -- by the end of the year. The airline will be offered in a single-round bidding process. A government spokesman explained that current conditions were favorable, with a 15% increase in revenue to HUF39 billion (US$189.6 million) and a 24% jump in passenger numbers to 1.22 million in the first half of this year. Hungary's growing tourism industry is ...


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