A group of private investors have signed a recent agreement to buy the controlling interest in CAL Cargo Air Lines for NIS38 million (US$9.9 million). CAL is a cargo airline based in Tel Aviv, Israel and operates scheduled cargo flights carrying perishable goods and general cargo to Europe and the rest of the world. Its main base is Ben Gurion International Airport,Tel Aviv, and it has a hub at Liège Airport (Belgium). The airline carries approximately 100,000 tonnes of cargo annually, … [Read more...] about Private investors buy CAL Cargo Air Lines