Malev Cuts Losses in Q1, Promises News On NW Alliance
Malev managed to cut its losses by some 30% in the first quarter to HUF4.2 billion (US$16 million), CEO Jozsef Varadi said Friday in an interview with Hungarian daily Nepszabadsag. The loss is HUF600 million below plan, Varadi said. Malev is targeting a HUF2.3 billion ($8.7 million) in 2002 and said...
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