The owners of Arkia, the Nakash brothers will inject NIS 25 million into the company

The owners of Arkia, the Nakash brothers, have announced that they will inject funds into the company. They also announced a return to operations, although no date has been set for the start of flights.
Arkia has been shut down since mid-March and all its employees have been taken on unpaid leave. The controlling shareholders in Arkia announced over the weekend that although they are not obligated to do so, they will inject NIS 25 million into the company. They also intend to sign a loan of NIS 130 million from Bank Hapoalim and Discount Bank in the coming days.
Arkia Chairman Avi Hurmero, who manages 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 an additional amount into the company, following an investment of NIS 70 million by the Nakash brothers last year. The Nakash brothers never withdrew a dividend from Arkia, even though they were entitled to it.
 According to Hurmero, "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 epidemic. In the first phase, the company will return flights on the Ben Gurion-Eilat route. Flights to green countries, such as Greece and Cyprus. "
The workers' committee responded: "Until we see that the money is flowing to the company, we will continue to demonstrate."