El Al

Israel's flag-carrier airline. Played a key role in airlifting Jews from Ethiopia and Yemen. Privatized in 2003

An Israeli flag is seen on the first of Israel's El Al Airlines order of 16 Boeing 787-9 Dreamliners
Regev pushes forward plan for Jewish businessman to buy El Al

"We need to allow good Jews that want to save El Al to enter the picture and to flow money and quickly."

By JERUSALEM POST STAFF
24/06/2020
El Al plane
Should we save El Al?

Forget about refinancing or returning the aircraft. Plans to open new routes to Tokyo or Chicago can be shelved. But cut almost a third of the company’s personnel? Well, that is like dropping a nuclear bomb on the unions.

El Al denies rejection of bailout plan, says still negotiating

According to a proposal received by El Al management earlier this month, the government is willing to offer a $250 million loan to the flag carrier.

20/06/2020
An Israeli flag is seen on the first of Israel's El Al Airlines order of 16 Boeing 787-9 Dreamliners
Nationalizing El Al is 'not on the agenda,' says Finance Ministry official

"I don't think there is anyone who thinks that the state should be the owner of an airline, so the idea of nationalization is not on the agenda," Finance Ministry economist Eli Morgenstern said.

10/06/2020
El Al Israel Airlines planes are seen on the tarmac at Ben Gurion International airport in Lod
Save Israel’s national carrier El Al from coronavirus damages

Now is a pivotal time for the future of Israel’s national airline.

El Al Israel Airlines planes are seen on the tarmac at Ben Gurion International airport in Lod
El Al CEO: No renewal of flights without rescue agreement

"We will not be able to renew operations without reaching an agreement for the arrival of the loan," Gonen Usishkin wrote in a letter distributed to employees.

08/06/2020
An Israeli flag is seen on the first of Israel's El Al Airlines order of 16 Boeing 787-9 Dreamliners
Gov’t offers $250m. loan in new El Al bailout plan

Prime Minister Benjamin Netanyahu and Finance Minister Israel Katz also announced new measures to ease the financial crisis.

07/06/2020
El Al cargo flights grounded due to Airports Authority debt

This is the latest in a series of financial woes experienced by El Al in recent months; IAA's workers union threatened to shut down Israel's airports next week.

By EYTAN HALON , JERUSALEM POST STAFF
02/06/2020
El Al Boeing 777 258 ER
With El Al's fate in gov't hands, airline braces for crash landing

Coronavirus killed what was left of the national carrier’s struggling business. El Al needs both a bailout and management reforms; the future of Israel’s aviation industry hangs in the balance.

By TARA KAVALER/THE MEDIA LINE
26/05/2020
El Al Worker's Committee members riot over management meeting with pilots

The meeting was called to discuss the return of more pilots to work full time, after El Al extended the unpaid leave of thousands of employees until June 30.

By JERUSALEM POST STAFF
25/05/2020
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