Arkia Changes Hands
The Israeli airline Arkia is about to change owners. The brothers Rafi, Joe, and Avi Nakash announced they have signed an agreement with four Israeli businessmen who will invest several tens of millions of dollars…
Assessment
Arkia is changing hands. The Nakash brothers, who have controlled the airline, are selling a majority stake to a group of four Israeli businessmen led by Yariv Lerner. The price and exact ownership split are undisclosed. What matters is whether new ownership stabilizes or shifts Arkia's route strategy and fleet plans, especially as competition in Israeli aviation intensifies. Watch for regulatory approval and any announced changes to destinations or aircraft orders.