"The outline of assistance to the Israeli airlines is noy sufficient"

Posted on Sep 23, 2021 by Ifi Reporter

The outline of assistance to the Israeli airlines El Al, Israir and Arkia - proposed by the Ministry of Finance and requiring investments by the controlling shareholders - has met with widespread opposition from the companies.
Their managers, Avigal Sorek (El Al), Uri Sirkis (Israir) and Gadi Tepper (Arkia), wrote last night (Wednesday) in a letter to Prime Minister Naftali Bennett requesting an urgent discussion led by him and with the participation of the Ministries of Finance, Transportation and Health. Necessary to formulate in order to ensure the existence of the industry. The three CEOs note that the Israeli aviation industry has been in the worst crisis in its history for a year and a half, following the outbreak of the corona virus, and due to the Ministry of Health's strict guidelines regarding flights outside Israel - including isolation for children and vaccinated Completely from unnecessary flights.
According to them, the airlines have taken their own steps to adjust and reduce their activities in order to reduce costs - but despite this, the airline is facing a slippery slope and there is doubt about their ability to survive the crisis without government assistance.


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