Investor group buys controlling stake in Arkia

Investment group buys control of cash-strapped Israeli airline Arkia

The deal follows cash-flow difficulties and a labor dispute over planned cutbacks, with the new investors pledging to stabilize the company and strengthen its operations

Investor group buys control of Arkia in rescue deal

New owners will inject tens of millions into the Israeli airline as it faces heavy losses, workforce cuts and a labor dispute after more than a year of unsuccessful sale attempts

Investor group buys controlling stake in Arkia

After twenty years, the Nakash family is selling its stake in the airline. Details have not been disclosed, but the deal is estimated to be worth NIS 40-50 million.

Israel's Arkia Airlines Finds A Buyer, Applies For DOT Exemption Renewal For Continued US Operations

Arkia Israeli Airlines has been around since 1949 and is currently the third-largest carrier in Israel. In 2026 to date, it has carried 1.6 million passengers, or 10.5% of the total traffic from Tel Aviv, just behind Israir’s 1.7 million passengers. The Nakash brothers, Joe, Rafi, and Avi, bought a controlling stake in the privately […]