BREAKING NEWS

Treasury, El Al reach deal over airline's security costs

The Finance Ministry and El Al reached an agreement Monday evening over the airline's security costs, acknowledging that Israeli airlines work under special conditions and "will be treated accordingly" as a result.
The agreement, which will likely put an end to a strike by Israeli air carriers already in its second day, was reached in meetings between El Al and Finance Ministry staff.
"Now there is nothing preventing flights returning to operate and bring an immediate end to the strike," Finance Minister Yair Lapid said.