El Al serves more than 50 destinations, operating scheduled domestic and international services within Israel, as well as to Europe, the Middle East, the Americas, Africa, and the Far East. Arkia is the country’s second-largest air carrier (after El Al). It operates scheduled domestic and international services, as well as charter flights to destinations in Western Europe and across the Mediterranean.
Quote: “ ‘Approval of the MOU [Memorandum of Understanding] is another step on the path towards signing a binding agreement,’ said El Al chairman Amikam Ben-Zvi, though he cautioned that ‘we still have a long way to go before the deal to acquire Arkia is completed.’ | ‘If the purchase goes through, Arkia will maintain its brand and operate independently as a subsidiary of El Al.’ ”
Source: Wikipedia (introduction, Jewish News Syndicate (quotation)
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