Talks on Arkia Acquisition: Israir and Israel Airports Authority Involved

Israir's CEO has confirmed that the company is in negotiations to acquire Arkia, while the Israel Airports Authority workers' committee is also exploring a potential purchase.

Israir CEO Uri Sirkis has confirmed reports that the airline is in negotiations to acquire its competitor, Arkia. In a letter to employees, Sirkis described the move as a strategic opportunity to reshape Israel's aviation map, noting that the company is in a position to execute a significant acquisition, as reported by Globes and Maariv. Simultaneously, according to a report by Calcalist, the Israel Airports Authority workers' committee is also examining the possibility of acquiring Arkia, following previous reports regarding the involvement of businessman Rami Levy in the matter. Further details regarding the progress of these talks have not yet been released.