El Al, which was purchased by the Rozenberg family last year, is in talks to purchase the Nakash family controlled Arkia.
It’s a shidduch that I suggested to both families, so I’m sure I’ll get the shadchonis gelt. 🤣
I flew with Arkia to Toulouse to outfit A330neos they had hoped to fly between NYC and Tel Aviv, but unfortunately that didn’t wind up happening.
El Al had tried to purchase Israir, but that acquisition was denied by Israeli regulators. However in a post COVID world, Israeli regulators may be more amenable to approving a merger that will shore up the finances of their struggling airlines.
Do you think that the airlines will wind up merging?