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Front - Globes

Thu: Insurance, energy stocks lead rise "Israel can be a window to the Mediterranean" India signs $1.1b IAI tanker aircraft deal - report Indian co KPIT to acquire Israeli startup Cymotive Strengthening shekel nears NIS 2.90/$ threshold Wizz Air Israel hub talks break down Sakal makes shock bid to buy ZIM Israeli defense-tech co Kela raising $200m at $1.2b valuation Tue: Insurance stocks lead TASE higher Israel’s most expensive home up for sale TASE readying for big wave of IPOs this month AI ecommerce co ZyG raises $60m at $500m valuation Canadian real estate co Almadev plans TASE IPO Cisco to acquire Israeli co Astrix Security Rafael close to buying VW plant Mon: Nice lifts TASE to new record Israeli startup BridgeWise teams with Elon Musk�s X Leumi Partners invests NIS 200m in Landora Ministers approve two new combat aircraft squadrons Fri: Main indices rise, Tower surges Beilinson Hospital receives record donation for cancer research Thu: Main indices edge higher Keystone joining Hot Mobile acquisition Mekorot teams with nT-Tao on nuclear fusion Lufthansa Group suspends Israel flights until June Check Point disappoints on revenue, beats on profit SuperPlay earnout payments weigh on Playtika Tel Aviv Park HaMesila penthouse sells for NIS 55m Israeli credit card players eye potential of Wizz Air loyalty club Elon Musk to visit Israel next month
Jerusalem light rail operator could be ousted over breakd...
Alon Perl · 2026-06-24 · via Front - Globes

The Ministry of Transport has threatened to replace the light rail’s operator Kfir over repeated problems.

Following repeated breakdowns on the Jerusalem light rail, Ministry of Transport director general Moshe Ben-Zaken opened urgent discussions about replacing the operator Kfir.

Ben -Zaken's initiative comes after the train halted services three times earlier this week and made all passengers leave carriages. On Sunday, passengers were disembarked in the Beit Hanina neighborhood and were forced to walk 20 minutes to reach public transport bus lines.

About a month ago, Kfir was summoned to a meeting with Ben-Zaken and handed a warning about the need to change its conduct, otherwise the Ministry of Transport would work to replace it. Kfir was also asked to establish a team that would formulate conclusions within 90 days.

But this week has seen the situation deteriorate, and Ben-Zaken is convening internal discussions in order to discuss the options open to the ministry. Sources familiar with the details noted that the ministry is already fed up with issuing fines and hearings - which, they say, do not solve the problems.

Kfir company began operating the Red Line in Jerusalem in 2021, replacing the CityPass. Now, it seems that Ben-Zaken has lost patience with Kfir, and the Ministry of Transport will have to find a new operator.

Kfir said, "Today's disruptions were caused by the fall of an external lighting pole onto the train's power cables, as a result of a vehicle hitting the same pole. The lighting pole is not the responsibility of the operator, and after the incident occurred, the operator acted immediately to prevent a safety hazard, repaired the damage to the electrical system and gradually restored service to passengers. Now that the repair is complete, the line is back in full operation."

Published by Globes, Israel business news - en.globes.co.il - on June 24, 2026.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.