Israir approached again over potential acquisition of Arkia

Israeli leisure operator Israir Group has been approached regarding a possible acquisition of fellow Israeli carrier, Arkia. According to Israir, a “request” has been made for them to consider forming a tie-up between the two airlines. However, Israir emphasizes that they have yet to initiate any examination of this proposition. This represents a renewed interest in consolidating Israel’s leisure aviation sector following previous discussions. Details surrounding the specific terms of the potential acquisition remain undisclosed at this time as Israir is currently assessing the situation.