Arkia expected to post loss of over $70 million in 2026

In depth

Arkia could post an annual loss of over $70 million in 2026 without an immediate capital injection. The estimate is higher than earlier estimates of $30 to $40 million.

Arkia's long-haul routes have lost money, and the company is expected to cut them or reduce their frequency. The industry estimates that Arkia will have to sell two narrow-body aircraft.

For now, Arkia is offering deals and discounts on 2027 flight tickets in order to bring in cash immediately. The workers' union opposes a deal with Yariv Lerner and his group, and talks with Ezra Unger are underway.