BusinessPhoto: Mint CompaniesIsraeli Airline Israir in Talks to Acquire Rival Arkia
Israeli airline Israir is in preliminary talks to purchase its main local competitor Arkia to strengthen its position against foreign carriers, CEO Uri Sirkis said. Arkia, privately owned and recently reported to be in crisis, continues operations while seeking solutions. Israir, valued at $144 million, has invested heavily in infrastructure and partnerships, aiming to enhance competitiveness in the Israeli aviation market.
Mint Companies··Jerusalem


