Hungary is reported to be looking at a further step in the privatisation of flag carrier Malev. The state could reduce its holding from 64% to just over 50%. The first stage of privatisation took place in December 1992 when Alitalia took a 30%stake, with 5% going to an Italian investment agency with those of its Sochata engine repair and overhaul subsidiary. The new Snecma Services has been formed primarily to

 

Source: Flight International