The son of a Monsey Hatzoloh Paramedic, Kenneth (Naftali) Rozenberg, has been named as the person looking to bid for shares in Israeli airline ELAL.
The airline found itself in trouble as COVID-19 ground the industry to a halt, and was saved through a last minute loan agreement from the Israeli government.
Under the agreement, the airline will receive a $250 million government-backed loan, and raise another $150 million by selling shares on the Tel Aviv Stock Exchange, with the state purchasing any unsold stock.
Naftali Rozenberg, who owns the Centers Nursing Home chain, put in a bid through his son, an Israeli citizen. It is not confirmed yet if the bid will be accepted by the present owners of ELAL, Knafaim, will accept it.