Dubai-based NY Koen Group has announced it will be making a bid to purchase Israir, Israel's third-largest airline, at the upcoming auction.
Israir Airlines is the biggest tour operator and third biggest airline in Israel. The company specialises in curating packages in the Mediterranean and Europe for middle class Israelis, both individuals and groups. Israir operates scheduled and chartered flights to various popular destinations across Europe - and flies over a million passengers per year on both international and domestic flights.
Aero Private Jet, a subsidiary of NY Koen Group, has operated in the business aviation sphere since 2003. The company cooperates closely with the largest operators and private owners of business jets across the globe and has access to over 7,000 planes and 4,000 airports. The airline is responsible for over 3,200 flights.