Malev Hungarian Airlines is seeking urgently needed debt relief and a new shareholder base as it presses forward with a three-year plan to return to profitability.rnThe company may soon be at least partially if not majority-owned by the government again as management tries to stave off bankruptcy over the slow winter season. Malev is burdened with an estimated $100 million in debt to the government plus obligations to its Russian government-owned shareholder Vnesheconombank (VEB), which has held 49% of the airline since March.
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