Investors Acquire Control of Arkia Airline in Multi-Million Dollar Deal
Translated & summarized from Haaretz by baba
Arkia airline's control has been transferred to a group of investors including Einav Adib-Barer, Kidan Dahari, Yaron Adib, and Yariv Lerner, in a deal involving tens of millions of dollars. The investors will hold 75% of the company, with employees owning 22.2% and the Nakash brothers retaining 3%. Despite the acquisition, a labor dispute remains active due to uncertainty over potential layoffs.
The story in 6 lines · by baba
- Arkia airline's control is transferred to a new investor group for tens of millions of dollars.
- The investor group will hold 75% of Arkia, employees 22.2%, and the Nakash brothers 3%.
- The acquiring group includes businessmen Einav Adib-Barer, Kidan Dahari, Yaron Adib, and Yariv Lerner.
- The Ministry of Finance will provide $7.8 million, likely due to the "Iron Sword" war.
- A labor dispute remains active due to uncertainty over potential employee layoffs.
- The Nakash brothers had hoped the sale would resolve the labor dispute.
The Nakash brothers, Rafi, Joe, and Avi, announced the signing of an agreement to transfer control of the airline Arkia to a group of investors. The purchasing group includes businessmen Einav Adib-Barer, Kidan Dahari, Yaron Adib, and Yariv Lerner.
Under the terms of the deal, the acquiring group will inject $30 million into the company, with the Nakash brothers contributing an additional $8.5 million. The Ministry of Finance will also provide $7.8 million, likely due to the "Iron Sword" war, funds that were already slated for the company. In the new ownership structure, the investor group will hold 75% of Arkia, employees will own 22.2%, and the Nakash brothers will retain a 3% stake.
The purchasing group expressed confidence in Arkia and the Israeli aviation sector, stating their long-term commitment to stabilize and strengthen the company for the benefit of its employees, passengers, and the Israeli economy. Avi Khumro, CEO of the Nakash Group, led the transaction and was appointed to manage the company's recovery.
Despite the acquisition, the Histadrut labor union declared an ongoing labor dispute, as the deal does not guarantee against employee layoffs. The union stated that employees remain uncertain about potential job cuts, with negotiations ongoing regarding the number of positions to be eliminated. The Nakash brothers had reportedly hoped the sale announcement would pressure the Histadrut to retract its labor dispute declaration.
This deal follows previous business activities of some investors. In July 2026, Kidan Dahari and Yaron Adib were involved in a planned acquisition of control of the company GCity with Tzahi Abu, a deal that was ultimately canceled on August 3rd. Einav Adib-Barer owns medical centers, Kidan Dahari and Yaron Adib own real estate companies like Yespro and Tanoport, and Yariv Lerner is chairman and co-owner of the Negev Group.
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