Investor group acquires control of Israeli airline Arkia

An investor group led by Kidan Dahari, Yaron Adiv, and Yariv Lerner is acquiring control of Arkia from the Nakash family for tens of millions of dollars, following a labor dispute and losses of over $30 million.

An investor group is acquiring control of the airline Arkia for tens of millions of dollars, after 20 years of ownership by the Nakash family. The buyers are Kidan Dahari and Yaron Adiv, owners of the Yashpro-Tenoport group. They will be joined by businessman Yariv Lerner, chairman and co-owner of the Negev group (Negev Ceramics), Viola Credit fund, and Einav Adiv-Barer, owner of medical centers including TLV Medical Center. The article notes that further details will follow.