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The Israeli holding Knafaim-Arkia is in talks with El Al Israel Airlines

Jerusalem, Israel - To increase its stake in the carrier

The Israeli holding Knafaim-Arkia is in talks with El Al Israel Airlines to increase its stake in the carrier. The group owns a little carrier, called Arkia Airlines, as well as about 25 percent stake in El Al Israel Airlines with some options in the contract which would possibly permit it to increase its stake in the carrier to 52 per cent. The head of Knafaim-Arkia, Izzy Borovich, announced he planned...

AVIONEWS - World Aeronautical Press Agency - 109974
Rome, Italy, 12/16/2004 17:50
AVIONEWS - World Aeronautical Press Agency

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