Israir Airlines is an airline based at Tel Aviv's Ben Guiron International Airport, Israel. Israir operates scheduled services to destinations in Israel and Europe, with an expanded summer schedule to various Mediterranean and European holidays destinations. In addition, Israir also offers charter and VIP services.
In Dec-2021, BGI Investments announced it exercised a call option to acquire the remaining 49% of the issued capital of Israir Airlines. As a result, BGI now holds 100% of the issued and paid up capital of Israir. BGI is expected to change its name to Israir and commence a funding initiative with the aim to raise ILS80 million (USD25.71 million).
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