Investors Buy Controlling Stake in Israir Airlines

Israir
Credit: Joe Pries
A 51% stake in Tel Aviv-based Israir Airlines has been sold to BGI Investments, a firm controlled by supermarket tycoon Rami Levy and food trader Shalom Haim. They agreed to pay ILS162 million ($51.3 million) for the shares, according to The Times of Israel. An auction of Israir began in September...
Kurt Hofmann

Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting…

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