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Nakash Brothers Negotiate Arkia Airlines Sale Amid Crisis

2/8/2026

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Story summary
  • The Nakash brothers are negotiating to sell Arkia Airlines after losses during the war and a legal battle with Wizz Air.
  • The potential buyer is Elliot Zemel, an American lawyer and investor with a healthcare background but no aviation or tourism experience.
  • Zemel holds a doctorate in business law and is the managing member of Koze Investment Group.
  • Zemel is a director at CannaPharmaRX.