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Israir Group Expands Fleet with A320-200 Purchase

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Israir Group Expands Fleet with A320-200 Purchase

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Israir Group Ltd ( (IL:ISRG) ) just unveiled an announcement.

Israir Group Ltd announced the purchase of an A320-200 aircraft for $22 million, with delivery expected by the end of February 2025. This acquisition, financed partially through a loan, aligns with the company’s growth strategy, enhancing its fleet and supporting business development without being an extraordinary event.

More about Israir Group Ltd

Israir Group Ltd, established in 1968, operates in the aviation sector offering airline services. The company is focused on expanding and developing its business, with a fleet currently valued at approximately $100 million.

YTD Price Performance: 7.36%

Average Trading Volume: 738,669

Current Market Cap: ILS53.32M

For an in-depth examination of ISRG stock, go to TipRanks’ Stock Analysis page.

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