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Arkia's new owners face complex challenges

Placating a restive workforce will be just the first step in turning the loss-making airline around

— globes

Assessment

Arkia's new ownership inherits an airline bleeding money and a workforce that is already restless. Labor peace is the immediate hurdle, but the deeper question is whether the turnaround plan addresses the structural losses that have plagued the carrier. Watch for the owners' first concrete moves on route cuts, fleet changes, or cost restructuring beyond the labor front.

Read full article at globes →