Nakash family to sell controlling stake in Arkia after 20 years for reported NIS 40–50 million
Bookmark this storyThe Nakash family is selling its controlling stake in Israeli airline Arkia after two decades, with the transaction reportedly valued at NIS 40 million to NIS 50 million. A separate report says Arkia is seeking renewal of its U.S. foreign air carrier permit, a key regulatory matter for its U.S. operations.
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