All Arkia articles
-
NewsIsrair acknowledges renewed merger interest from leisure carrier Arkia
Israir Group has acknowledged an approach from fellow Israeli leisure operator Arkia regarding a potential tie-up between the two airlines. It has not given details of any proposal, and points out that the contact is preliminary. Israir Group states that it examines applications for “various business opportunities” from companies and ...
-
NewsEl Al to continue Arkia merger talks despite exclusivity period ending
Israeli flag-carrier El Al aims to continue negotiating with leisure airline Arkia regarding a proposed acquisition, but the exclusivity period for the talks is not being extended. El Al entered talks with its fellow Israeli carrier last year with a view to purchasing the entire share capital of Arkia and ...
-
NewsEl Al board approves non-binding framework for Arkia acquisition
El Al’s board has approved a non-binding memorandum of understanding in preparation for signing an agreement to acquire fellow Israeli carrier Arkia. Under the proposed transaction El Al will acquire the entire share capital of Arkia from its shareholders, and the airline will become a wholly-owned subsidiary of the Israeli ...
-
NewsIsraeli government to offer additional state-aid package to airlines
Israel’s government is to offer additional financial support to the country’s troubled airlines, approving a proposal for a state aid package worth up to $44 million. The finance and transport ministries say they have jointly put forward the proposal to provide “immediate cash-flow assistance” given the “exceptional damage” inflicted on ...
-
NewsIsrael’s El Al enters talks over potential acquisition of Arkia
El Al has entered discussions with fellow Israeli carrier Arkia over a possible business combination, the flag-carrier has disclosed. Under the proposed transaction El Al would acquire Arkia shares in exchange for handing its own securities to Arkia shareholders. El Al has not confirmed the size of the transaction or ...
-
NewsIsraeli finance ministry outlines loan offer to support struggling airlines
Israeli flag-carrier El Al is among airlines being offered an additional line of financial support by the country’s government, following a series of discussions with the finance ministry. The ministry states that it is taking the steps given the “prolongation” of the pandemic crisis and its “consequences for Israeli airlines”. ...
-
NewsIsraeli carriers face labour dispute over perceived job threat to workforce
Israeli flag-carrier El Al has prolonged, at least until the end of September, the furlough programme for personnel, as the country’s trade union centre formally declares a dispute with the aviation industry over concerns of mass lay-offs. El Al says it has 1,165 employees affected, adding that workers will be ...
-
NewsArkia-Israir merger proposal among bids for Israeli leisure carrier
Israeli carrier Arkia has revealed it is bidding to take over leisure operator Israir, one of multiple parties to have declared formal interest in acquiring the carrier. Israir is being auctioned as part of a restructuring of troubled parent company IDB Development. Arkia says it would pursue Israir “by way ...
-
NewsIsrael’s Arkia to open Dubai services in early 2021
Israeli carrier Arkia has disclosed that intends to open services to Dubai, in the United Arab Emirates, from the beginning of next year. Arkia’s planned service follows the signing of a new air services agreement between Israel and the UAE after the two sides agreed to normalise diplomatic relations. The ...
-
NewsIsrael’s dormant Arkia to ‘survive’ after deal to cut workforce
Israeli leisure carrier Arkia’s employees have agreed a restructuring which involves cutting about a quarter of the airline’s personnel, reducing its workforce to around 400. The agreement follows months of negotiations and includes a phased salary-reduction mechanism to be imposed across all the company’s activities – although it will not ...
-
NewsArkia poised to resume services after funding agreement with owners
Israeli leisure carrier Arkia’s backers have agreed to inject additional funds into the airline to enable it to restore operations. The agreement comes some five month after the airline halted almost all activity and furloughed over 500 personnel. Israeli trade union organisation Histadrut says the Nakash brothers, who own the ...
-
News
PICTURES: Arkia becomes first customer to receive Airbus A321LR
The first Airbus A321LR has been handed over to Arkia Israeli Airlines, making the Israeli carrier the launch operator for the latest and most-capable A321 variant to date.
-
News
Arkia chief: A321LR first single-aisle to beat 757-300 economics
Israeli carrier Arkia had considered the Bombardier CSeries, with a view to acquiring 10 aircraft, before being convinced to look at the single-aisle Airbus.
-
News
Arkia opts for 220-seat layout with first delivered A321LR
Israeli carrier Arkia is configuring its long-range Airbus A321LR with 220 seats, giving the airline around a 3,300nm range with the twinjet type.
-
News
Arkia to replace Primera as A321LR launch operator
Israeli carrier Arkia is to take delivery of the first Airbus A321LR, replacing original launch operator Primera Air, although a date for the handover has yet to be fixed.
-
News
PICTURE: Arkia revamps livery ahead of fleet renewal
Israeli leisure carrier Arkia Airlines has unveiled a vibrant new livery as it prepares to modernise its fleet.
-
InterviewINTERVIEW: Israeli transport minister Yisrael Katz
Last year, an analysis revealed that fewer than half of Israeli government decisions were actually implemented, even if partially implemented decisions were included. One decision, though, passes the test with flying colours: the 2013 undertaking to open Israel's skies.
-
NewsArkia A330neo gives Airbus first Israeli long-haul deal
Israeli carrier Arkia is to become the first carrier in the country to take Airbus long-haul aircraft with a tentative agreement to acquire up to four A330-900neos.
-
NewsIsraeli carriers seek help with financial impact of conflict
Israel's airlines have asked the national government for emergency help to balance losses being incurred as a result of the "Protective Edge" operation in Gaza.