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LOT may participate in Malév privatization

Polish national airline LOT is in talks with Aviation Solution on joining it in a bid for Hungarian airline Malév Rt, Aviation Solution head Ferenc Kovács said on Friday. Kovács said Aviation Solution has made a binding bid for Malév without offering further details.

On Friday, Reuters quoted LOT spokesman Pawel Klimiuk as saying LOT is conducting negotiations to join the "consortium headed by Malév's management." Klimiuk said that LOT received an invitation from Aviation Solution, but negotiations are in initial phase. Malév published a statement responding to the Reuters report later in the day.

The statement said, "Reuters' report from Warsaw contains false information, Malév's current management in not associated with any of the consortiums participating in the privatization of Malév." Reuters also corrected its story later. LOT is interested in joining the privatization as well, Klimiuk confirmed for MTI on Friday.

(BBJ 25.vii.05)

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