Arkia’s owners will inject tens of millions of NIS into the company

Arkia has decided to receive the state-guaranteed loan and to transfer additional amounts of tens of millions of NIS to the company

The owners of Arkia will inject tens of millions of NIS into the companyThe Nakash brothers will inject funds into Arkia. Arkia Photography

The Nakash brothers – Joe, Rafi and Avi – announced over the weekend that they have decided to transfer tens of millions of NIS to Arkia and sign a loan of about 130 million NIS in the coming days for the benefit of the company from Bank Hapoalim and Discount Bank.

Arkia Chairman, Avi Hurmero, The manager of the Nakash Group’s business in Israel, said that in order to revive and reactivate Arkia, it was decided to receive the state-guaranteed loan and inject additional amounts of tens of millions of NIS into the company, following an investment of NIS 70 million by the Nakash brothers last year. It is important to add that the Nakash brothers never withdrew a dividend from Arkia, even though they were entitled to it.

“We are doing everything we can to save the company out of concern for the 550 families of dedicated workers and their families, despite the severe economic crisis that hit us due to the Corona plague.”

In the first phase, the company will return to operate flights on the Ben Gurion-Eilat route, and then will operate flights to the ‘green’ countries, such as Greece and Cyprus. ” Added Avi Hurmero.

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Source: IAS by www.ias.co.il.

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