Israir CEO Confirms Talks to Acquire Arkia, Citing Industry Strength
Summarized from Ynetnews by baba
Israir CEO Uri Sirkis confirmed an inquiry into acquiring Arkia, stating the move aims to strengthen Israeli aviation. The preliminary examination could lead to a combined fleet of 20 aircraft under the Israeli flag. Sirkis noted potential operational cost savings from the merger. The deal is not yet certain.
The story in 5 lines · by baba
- Israir CEO Uri Sirkis confirmed an inquiry to examine the acquisition of Arkia.
- Sirkis stated the move aims to strengthen Israeli aviation, not a takeover.
- A merger could create a group with 20 aircraft under the Israeli flag.
- The CEO cited potential savings on operational costs.
- The process is in a preliminary stage with no certainty of completion.
Ynetnews publishes in English. The key points are summarized above. Read Ynetnews’s full report from the link at the top of the page.
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