Passenger Transportation Services
Israeli carrier Israir is in negotiations to purchase 2 Airbus A330 aircraft
Israir, an Israeli airline, said Monday that it is working on acquiring two widebody Airbus A330s for a combined total of $80m. The company wants to expand long-haul flights to counter the push made by Wizz Air to enter the Israeli market. Israir stated that it was in negotiations through various channels to complete the purchase. It is also in advanced discussions with local tourism group Issta in order to consider a seat allocation for 10 years for an advance payment of approximately $35 million. The company noted that there was no guarantee the deal would be completed at this...