Arkia Israeli Airlines (Tel Aviv) 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.
Arkia’s A330-900neo will join the four A321neo aircraft ordered at the Farnborough International Airshow in 2012.
Arkia is majority owned by the Nakash brothers and Jordache Enterprise. Nakash Holdings is the private investment 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 Association, 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.