CAL changes hands

A group of Israeli investors has signed a contract to buy the controlling interest in Tel Aviv-based CAL Cargo Air Lines for NIS38 million.

The airline reportedly carries 100,000 tons of cargo annually, including exports of fresh agricultural produce and industrial materials, and imports of heavy machinery, automobiles and livestock.

CAL changes hands

A group of Israeli investors has signed a contract to buy the controlling interest in Tel Aviv-based CAL Cargo Air Lines for NIS38 million.

The airline reportedly carries 100,000 tons of cargo annually, including exports of fresh agricultural produce and industrial materials, and imports of heavy machinery, automobiles and livestock.