Analysis If Open Skies Deal Gets Approval, FIMI Might Balk at El Al Investment

If the agreement goes forward, Yishay Davidi’s FIMI, the largest private investment firm in the country, might not carry on with a deal to invest in El Al.

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The result of Sunday’s cabinet meeting on the Open Skies agreement, which is due to liberalize air travel between Israel and EU airports, could sting Israel’s three airlines, especially the largest, El Al.