Zim said it was in “advanced stages of negotiations” with theIsraeli state for the removal of its veto over the transfer of an interest of 25% of more inthe owner.

CEO Rafi Danieli told TradeWinds the cancellation of thegovernment’s blocking share would help with long-mooted plans for an IPO, aswell as future alliances with other carriers.

“It takes time, but we hope it will happen soon,” he said.

The