ARKIA goes long-haul and commits to Airbus A330-900neo

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By TESTCustomwebLP TESTCustomwebLP February 18, 2015 20:40

ARKIA goes long-haul and commits to Airbus A330-900neo

ARKIA Israeli Airlines has signed a Memorandum of Understanding (MoU) with Airbus for up to four A330-900neo aircraft. The commitment makes ARKIA the first Airbus widebody customer in Israel and the first customer for the type in the region. The aircraft will help ARKIA to expand their growing operations into long haul business and leisure markets.

ARKIA’s A330-900neo will join the four A321neo aircraft ordered at the Farnborough International Airshow in 2012.

“The A330-900neo will be a key asset to help us grow efficiently on highly competitive international long-haul routes from and to Israel. The A330-900neo will offer our passengers the latest product with great cabin comfort on direct, long-haul flights,” said Nir Dagan, ARKIA President and Chief Executive Officer. “Thanks to the proven reliability and fuel efficiency of the A330 family, the A330neo will also ensure that our majority shareholders, the Nakash brothers and Jordache Enterprises, are super happy.”

Nakash Holdings is the private investment office arm of Jordache Enterprises (from the Jordache jeans fame). The company manages a multibillion-dollar investment portfolio including MG Aviation in Hong-Kong, U.S. POLO Assn, retail, agriculture, transportation, manufacturing, hotels and real estate located in prime locations throughout the world. The real estate portfolio consists of retail, office, multifamily and hospitality properties. Among the group’s recent acquisitions are the Versace Mansion and the famous Art Deco Setai Miami Beach.

“We are delighted to have reached this milestone with ARKIA. This commitment marks our latest partnership with a growing Israeli market and our first widebody aircraft deal in Israel. The A330neo is great for ARKIA and its customers and great for Israel,” said John Leahy, Airbus Chief Operating Officer Customers. “The combination of the A321neo with A330neo in ARKIA’s fleet will allow the airline to reap the benefits of Airbus’ unique aircraft commonality, offering unrivalled efficiencies, with the most modern, fuel efficient and streamlined fleet.”

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By TESTCustomwebLP TESTCustomwebLP February 18, 2015 20:40