Haaretz EnglishEconomy
Israeli Airport Union Plans Bid for Struggling Airline Arkia
Summarized from Haaretz English by baba
Center-leftNeutral tone
The Israel Airports Authority workers' union plans to bid for the airline Arkia, which is seeking new owners due to cash-flow problems. Arkia approached potential buyers this month. Israir and an investor group led by Haim Sakal are also reportedly interested in the acquisition.
The story in 4 lines · by baba
- The Israel Airports Authority workers' union intends to bid for the airline Arkia.
- Arkia is seeking new ownership due to cash-flow difficulties.
- Israir and an investor group led by Haim Sakal are also reportedly interested.
- The airline approached potential buyers earlier in November.
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