Israir stops Saturday flights : comparemela.com

Israir stops Saturday flights


Israir stops Saturday flights
Four months after completion of the takeover by Rami Levy and Shlomo Haim, the airline has announced that it will no longer fly on the sabbath.
Israir Airlines and Tourism Ltd. has announced that it is ceasing to fly on Saturdays, the sabbath. Four months after the acquisition of the airline by Rami Levy and Shalom Haim (through BGI Investments (TASE: BGI), which the two of them control), it is halting Saturday activity. The flights concerned are on the Eilat route. Henceforth they will operate on Saturday evenings, after the sabbath ends.
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Talking to "Globes" after the deal was completed, Haim said, "We paid dearly, but we expect that Israir will double its value." The valuation of Israir for the purposes of the deal was NIS 180 million.

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