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Israir Buying Two Airbus Planes
16:29 Dec 20, '06 / 29 Kislev 5767
(IsraelNN.com) The upstart Israir company announced Wednesday it will be the first Israeli airline to buy the Airbus A320. The firm said it is buying two of the planes for $150 million and will lease Airbuses until the new ones arrive in 2010.
Israir received permission this year to fly regular flights on the New York-Tel Aviv routes and features one-way fares at half the cost of the round-trip cost. Most airlines charge almost the full round trip fare for a one-way ticket.