El Al to be nationalized, state to purchase $150m. worth of stocks
The state will take over the national airline company until it can be sold to an investor.
An Israeli flag is seen on the first of Israel's El Al Airlines order of 16 Boeing 787-9 Dreamliner jets, as it lands at Ben Gurion International Airport, near Tel Aviv(photo credit: REUTERS/AMIR COHEN)ByJERUSALEM POST STAFF
