Tag Archives | FIMI fund

A long, bumpy flight – EL AL and the new investors

Many question marks hover over the deal aimed at changing the way Israeli airline EL AL is managed. This change has been needed for some time, but the current shareholders couldn’t even start the process.  Now there is a chance that this change will happen – but the celebration will have to wait. First Israel […]

Continue Reading

EL AL – a shares purchase will not be enough

The injection of cash into the accounts of Israeli airline EL AL is an important step, but it will have to be followed by others to have a long term effect. The Israeli FIMI fund is in advanced negotiations to join the controlling core of EL AL, together with the Borovich family, and inject up […]

Continue Reading