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Airplanes and industry. Israel privatizes the State aerospace firm

Tel Aviv, Israel - The ministry of finance approved a plan to sell shares of government companies

The State of Israel will privatize part of Israel Aerospace Industries (IAI) in 2016. IAI is the country’s prime aerospace and aviation manufacturer, producing aerial systems for both military and civilian usage. It is currently owned by the government. The operation is part of a broader plan to privatize up to 49% of several State-owned companies in the next three years. The minister of finance s...

AVIONEWS - World Aeronautical Press Agency - 1162999

AVIONEWS - World Aeronautical Press Agency
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