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01 April 2020 The on-line newspaper devoted to the world of transports 19:29 GMT+2

October 17, 2003

IAI privatization move sprouts wings

By Amnon Barzilai

The director-general of the Government Companies
Authority, Eyal Gabbai, has informed the board of directors of Israel Aircraft Industries that the wheels are officially in motion with regard to privatizing the company.

In a letter to Major General (res.) Ori Or, the duty chairman of the IAI board, Gabbai writes that the Finance Ministry has decided to issue up to 33 percent of the company's stock in the initial stage of the privatization process ......
Read more on Ha'aretz

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