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.
IDB Tourism will transfer 100% of Israir shares to Sun d'Or International Airlines in return for the allotment of 25% of Sun d'Or hares and an amount of up to USD24 million. After completion of the transaction, Israir will become a fully-owned subsidiary of Sun d'Or, and Sun d'Or will be jointly owned as follows by El Al (75%) and IDB Tourism (25%).
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