All El Al articles

  • El Al 737-c-Czołgista Wiesław Creative Commons
    News

    El Al to bring in freighter next year and signals plans to renew narrowbodies

    2022-11-25T08:54:00Z

    Israeli flag-carrier El Al is pressing ahead with plans to introduce a dedicated freighter, indicating that the aircraft will arrive in the second quarter of next year. It has not identified the type but indicates that it will be a narrowbody aircraft in its latest fleet plan, outlined in the ...

  • El Al-c-El Al
    News

    El Al turns in third-quarter profit as revenues near pre-crisis level

    2022-11-24T20:25:00Z

    Israeli flag-carrier El Al has turned in further evidence of a recovery trend in its operations, with a third-quarter pre-tax profit of $68 million. It states that the business is benefiting not only from the summer season but also the lifting of travel restrictions and compulsory masking, and the cancellation ...

  • El Al 787-c-El Al
    News

    Israel’s El Al repays $45m state loan

    2022-11-04T07:44:00Z

    Israeli flag-carrier El Al has repaid a state loan of $45 million advanced to the carrier as part of a financial support package. The airline, which had indicated in September that it would be repaying the loan two years ahead of schedule, says the transaction was completed on 2 November. ...

  • Teffaha-c-FlightGlobal
    News

    AACO chief: Future Israeli ties possible if momentum for peace reaches regional level

    2022-10-25T14:09:00Z

    Arab Air Carriers Organization secretary general Abdul Wahab Teffaha is not ruling out possible future ties with Israeli entities, if the recent momentum of improved Arab-Israeli relationships eventually leads to recognition at a higher regional level. Normalised diplomatic relations between Israel and a number of Arab countries have been achieved ...

  • El Al freighter-c-Pieter van Marion Creative Commons
    News

    El Al considers acquiring freighter as regulator prepares to amend licence

    2022-10-11T10:52:00Z

    Israeli flag-carrier El Al is considering acquiring a dedicated freighter, after the country’s civil aviation regulator notified the airline that its dormant authorisation to operate freighters will be cancelled. The amendment to El Al’s commercial licence will take effect from 17 October. El Al says it received the notification on ...

  • El Al 787-c-El Al
    News

    Insurance firm Phoenix takes near-20% share of El Al loyalty programme

    2022-09-15T07:59:00Z

    Israeli insurance firm Phoenix is taking a near-20% shareholding in flag-carrier El Al’s loyalty programme. Phoenix is exercising an option to acquire the 19.9% stake as part of a financing transaction sealed earlier this year. Under the agreement it is able to purchase up to 25% of the loyalty scheme, ...

  • El Al 787-c-El Al
    News

    El Al to repay government loan by year-end under revised aid pact

    2022-09-11T15:31:00Z

    Israeli flag-carrier El Al has reached a new agreement with the government under which it will advance repayment of $45 million in support loans granted by the state. The repayment, brought forward by two years, will be carried out by 20 December. El Al says the new pact means most ...

  • El Al MRO-c-El Al Tech
    News

    El Al seals efficiency pact with maintenance and engineering personnel

    2022-08-22T06:35:00Z

    Israeli flag-carrier El Al has reached an agreement with its maintenance and engineering personnel as part of its efforts to tighten the airline’s efficiency. El Al says the pact, signed on 16 August, will run until the end of 2026. It will cover El Al’s plans to introduce wet-leased passenger ...

  • El Al 787-c-El Al
    News

    El Al to consider wet-leases and more 787s to address capacity shortfall

    2022-08-12T09:18:00Z

    Israeli flag-carrier El Al is to explore the possibility of additional Boeing 787s from the second half of next year, once it completes introduction of its current fleet. The airline has 15 of the type – comprising 12 787-9s and three 787-8s – and it is expecting to receive one ...

  • El Al fleet-c-El Al
    News

    El Al works to restore activity levels as recovery gains traction

    2022-08-11T07:07:00Z

    Israeli carrier El Al made a pre-tax loss of $90 million for the first half of the year, although a tax gain pushed the airline into a net profit of $34 million. The airline generated revenues of nearly $799 million over the six months to 30 June. El Al says ...

  • El Al 737-c-El Al
    News

    Saudi Arabia opens airspace to all civil airlines including Israeli carriers

    2022-07-15T10:07:00Z

    Saudi Arabian authorities have chosen to open the kingdom’s airspace to all civil carriers, including operators conducting services to and from Israel. The decision is a crucial step forward in the efforts to broaden Israeli-Arab links following the signing of the Abraham Accords in 2020. This agreement resulted in normalisation ...

  • El Al 777-c-Sunil Gupta Creative Commons
    News

    El Al resolves pilot dispute with new operations and salary pact

    2022-07-10T16:30:00Z

    Israeli flag-carrier El Al has reached an agreement with its pilots aimed at settling a dispute over salaries which has caused disruption to the airline’s operations for several weeks. El Al says the agreement – signed by its pilot committee as well as the trade union centre Histadrut – will ...

  • El Al 777-c-Phillip Capper Creative Commons
    News

    El Al strives to settle labour dispute with cockpit crews

    2022-07-04T08:12:00Z

    Israeli flag-carrier El Al is continuing negotiations with cockpit crew representatives in a bid to resolve a persistent dispute ahead of a labour court hearing. The dispute – focused on pay claims and working conditions – has led to disruptions in the airline’s schedule over the past couple of months ...

  • El Al Arkia-c-Nicky Boogaard Creative Commons Airbus
    News

    El Al to continue Arkia merger talks despite exclusivity period ending

    2022-06-29T08:59:00Z

    Israeli flag-carrier El Al aims to continue negotiating with leisure airline Arkia regarding a proposed acquisition, but the exclusivity period for the talks is not being extended. El Al entered talks with its fellow Israeli carrier last year with a view to purchasing the entire share capital of Arkia and ...

  • El Al fleet-c-El Al
    News

    El Al formally signs for $130m loan against its loyalty programme

    2022-06-27T06:05:00Z

    Israeli flag-carrier El Al has signed a formal agreement for the sale of its frequent-flyer scheme, valued at $500 million, in order to provide additional liquidity to the airline. The scheme and its assets are being sold to a subsidiary of the carrier, El Al Matmid Frequent Flyer. El Al ...

  • Pegasus, El Al, KLM, Austrian
    Analysis

    Airline CEO changes in 2022 dominated by appointment of women and upheaval in India

    2022-06-17T12:00:00Z

    The global airline executives gathering in Doha for this year’s IATA AGM will reflect recent trends including better gender diversity among incumbents and big changes at Indian carriers

  • El Al fleet-c-El Al
    News

    El Al tries to stem pilot disruption as it copes with recovery demand surge

    2022-05-20T07:58:00Z

    Israeli carrier El Al is urging pilots to ensure flight schedules are met, after multiple cancellations over a dispute with the company. El Al says it has contacted its pilots’ committee seeking “immediate” negotiations over the matter. The company says it has been forced to cancel services in recent days ...

  • El Al fleet-c-El Al
    News

    El Al prepares for share issue and finalisation of loyalty loan

    2022-05-18T10:03:00Z

    Israeli flag-carrier El Al is preparing for a share offering valued at around $62 million, as part of its effort to solidify its financial position. The airline is also finalising discussions with insurance firm Phoenix Group over a $130 million loan against its frequent-flyer programme, and expects to finish the ...

  • El Al-c-El Al
    News

    Recovering El Al looks towards profitability next year

    2022-05-18T06:51:00Z

    Israeli flag-carrier El Al is working to restore its operation to pre-crisis levels with the intention of shifting to profitability from the second half of 2023. It has posted a $66.3 million net loss for the first quarter of 2022, a 23% improvement on the previous year’s figure for the ...

  • Dina Ganancia-c-El Al
    News

    Israel’s El Al appoints first female chief executive

    2022-04-07T13:46:00Z

    Israeli flag-carrier El Al has appointed a female chief executive, Dina Ben Tal Ganancia, to succeed the departing Avigal Soreq. Ganancia will take up her position on 1 June, according to El Al. Source: El Al Ganancia will succeed the outgoing Avigal Soreq She previously serviced as ...