Arkia Responds to Reports of a Possible Sale
Following reports that Israir is considering a $40 million acquisition of Arkia, the airline has issued an official clarification.
Arkia says any decision regarding a sale or merger rests solely with its shareholders, not company management.
Israir owner Rami Levy said the decision on a potential acquisition would be left to CEO Uri Sirkis and Chairman Moti Hazan.
Arkia stressed that management remains focused on daily operations, customers and expansion, highlighting its recent profitability and new international routes.
The airline also clarified that it does not publicly disclose financial results and that media reports and estimates about its finances are not official figures.
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