Israir Expands Fleet: Buys Airbus Aircraft for $17 Million

In depth

According to Globes, the aircraft purchase will allow savings of about $3 million a year in cash flow. According to Calcalist, the company will invest an additional approximately $11 million in overhauling the aircraft's engines in 2027.

According to Ice, the purchase is a building block in the goal of a fleet of dozens of aircraft by 2030. According to Calcalist, controlling shareholder Rami Levy is in parallel considering the purchase of Arkia.