Category: transport
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Egged CEO: We provide Israel with transport security
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“I assume that all of you know both at the national and personal level, but EGGed is much more,” Rikin, CEO of EGGed told Globes Infrastructure for the future conference. Rikin described how the company, which was established in 1933, described more than 80 years as a monopoly. He said:…
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Air Transport Services reports mixed Q2 results; raises FY24 Adjusted EBITDA outlook
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2024 Predictions: Taking into account the four aircraft leases that have commenced since the end of June, ATSG expects adjusted EBITDA of approximately $526 million in 2024. ATSG expects 2024 capital spending to be $390 million, down from the $410 million estimated in May 2024 and $400 million lower than…
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Police probe alleged political favors at Transport Ministry
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The Israel Police’s National Fraud Squad (Lahav 433) today launched an investigation into suspicions of fraud and breach of trust at the Ministry of Transportation, following the investigative program “Hamkor” hosted by Channel 13 news journalist Raviv Drucker. This morning, police investigators raided the offices of the Ministry of Transport…