Israir is in talks to buy rival Arkia
In short
Israeli airline Israir is talking about buying local rival Arkia. The report points to possible consolidation in Israel’s airline market.
What the reporting says
Israeli carrier Israir is in talks to purchase local rival Arkia, according to Mint’s companies brief. The reported discussions signal a possible consolidation move in Israel’s airline market. No terms of a deal were provided in the source summary.
Why it matters
Israir is reported to be in talks to acquire Arkia, another Israeli carrier. The source brief frames the discussion as a potential consolidation move in the local airline market.