Arkia Israel Airlines was established in 1949 by El Al, Israel's national a
irline, and the Histadrut Labor Federation, the biggest employees' union in
Israel. The move was encouraged by the Israeli government to establish an
air link between central Israel and the then southern outpost, Eilat. Initi
ally, the company served as a domestic airline only, and engaged solely in
aviation. In 1980, Arkia became the first state company in Israel to be pri
vatized, its new owners being Kanaf Arkia and the company's employees. Arki
a is presently owned by Knafaim-Arkia Holdings Ltd. (75 percent), a company
that is publicly traded on the Tel Aviv Stock Exchange, and by its employe
es (25 percent).
Israel Borovich has been president and CEO of Arkia Israel Airlines since 1
989. He hers a B.Sc. in industrial engineering (1967), an M.Sc. in industri
al engineering (1988), and a Ph.D. in operations research (1970). A profess
or of computers and information systems at the Faculty of Management, Tel A
viv University, he hers conducted research since 1987 on the economics and
management of information systems. He has been a member of the Tel Aviv Uni
versity Executive Council since 1998, and is a member of the Board of Direc
tors of the lnterdisciplinary Center in Herzlia. He was a member of the Tel
Aviv Council, member of the City Executive Board, and head of the Transpor
tation Division (1993-1998): chairman, Information Association of Israel (I
PA) director, The Marcel and Annie Adams Institute for Business Management
Information Systems, Tel Aviv University: visiting professor at a number of
U.S. universities; manager, Computer Center, Tel Aviv University: chairman
, Information Systems program, Faculty of Management, Tel Aviv University:
member of the Executive Committee of the Advertisers Association of Israel
(1993-1998); and chairman and founder of the Transportation and Aviation Ce
nter, Faculty of Management, Tel Aviv University. He is the author of a num
ber of books and many articles in leading journals.