KNAFAIM

Knfei Tzuka After Albatross: Is The Maintenance Engine Becoming A Defense Platform

By the end of 2025 Knfei Tzuka is no longer only a narrow military-maintenance contractor. Albatross adds industrial-defense production, wiring, assemblies, and customer-site services, and management is already talking about expansion into additional military vehicles. But the a…

Follow-up

QAS In 2026: Aviation Recovery Or A Business That Still Jumps With Ben Gurion

QAS is already out of the 2024 trough, but 2026 still looks more like an operational proof year than a full recovery year. The longer authorization and the lounge win bought time and runway, yet the business is still highly dependent on the pace of foreign-airline return, Ben Gu…

Follow-up

Global Leasing After The Shlomo Deal: More Buying Power, Less Direct Ownership

The Shlomo deal materially strengthens Global Leasing and gives it a valuation signal that is cleaner than the public-market quote, but from Knafaim's perspective it replaces majority ownership in a smaller platform with joint control over a better-capitalized one, so it solves…

Knafaim In 2025: Profit Looks Strong, but the Real Test Is Access to Value and Cash

Knafaim ended 2025 as an aviation holdco with a clean parent cash position, a stable maintenance engine and a stronger Global Leasing platform, but the real test remains access to value and cash: a large part of profit came from El Al mark to market and monetizations, while actu…