El AL may drop purchase of Boeing airliners

El Al, is considering dropping an option to buy up to 10 of Boeing's new 787 jetliner, but could still decide to buy the new generation long haul aircraft , a spokesman for the airline said Tuesday. Spokesman Ran Rahav said El Al announced its intention not to exercise its option to buy eight to 10 of the aircraft - due to enter service with airlines around the globe in May 2008 - but he said the airline has yet to make a final decision on placing an order. "We said yesterday that we want to cancel the order because of the state of the airline business worldwide," Rahav said. "But we're still thinking about it." Business journal The Marker, said that if El Al nevertheless decided to place a new order it would now have to wait until the year 2014 for delivery, having lost its place in the queue.