El Al Israel Airlines To Acquire Local Rival Arkia

Arkia Airline
Credit: Jack Guez / AFP / Getty Images
El Al has signed an MOU with Arkia Airlines under which the Israeli flag-carrier will acquire the country’s second-largest airline. In a regulatory filing with the Tel Aviv Stock Exchange, El Al said it would acquire all shares in privately owned Arkia, which operates both international and domestic...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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