December 22, 2008
Aeroflot could manage a 49 percent of Hungarian rival Malev on behalf of Russian state bank VEB if the bank acquires the stake, a senior official from Russia's flag carrier said on Monday.
Last year, Hungary sold Malev to AirBridge, a firm part-owned by Russian businessman Boris Abramovich. The shares are held as collateral by VEB, which financed the privatization.
"Aeroflot can become VEB's managing agent for Malev," said Mikhail Poluboyarinov, Aeroflot's chief financial officer.
"Theoretically such an option is possible... It would be interesting for us professionally," he added.
(Reuters)
Aeroflot could manage a 49 percent of Hungarian rival Malev on behalf of Russian state bank VEB if the bank acquires the stake, a senior official from Russia's flag carrier said on Monday.
Last year, Hungary sold Malev to AirBridge, a firm part-owned by Russian businessman Boris Abramovich. The shares are held as collateral by VEB, which financed the privatization.
"Aeroflot can become VEB's managing agent for Malev," said Mikhail Poluboyarinov, Aeroflot's chief financial officer.
"Theoretically such an option is possible... It would be interesting for us professionally," he added.
(Reuters)
