All El Al articles

  • El Al 737-800-c-Andre Wadman Creative Commons
    News

    El Al 737 freighter introduction held up by regulatory hitch

    2023-05-24T14:07:00Z

    Israel’s El Al is yet to introduce the Boeing 737-800 freighter it had been planning to use from April, owing to a regulatory issue. The airline signed an agreement in February this year to dry-lease the aircraft which had recently been converted from passenger to cargo configuration. But El Al ...

  • El Al 737-900ER
    News

    El Al includes Airbus in request for single-aisle fleet-renewal proposals

    2023-05-24T12:29:00Z

    Israeli flag-carrier El Al has included Airbus in a request for proposals to replace single-aisle aircraft from 2025, while incumbent Boeing as well as engine manufacturers have also been contacted for the campaign. El Al is looking to modernise its single-aisle fleet – currently exclusively comprising 24 Boeing 737-800s and ...

  • El Al fleet-c-El Al
    News

    El Al ties up with travel specialist to create tourism joint-venture company

    2023-05-02T08:34:00Z

    Israeli flag-carrier El Al is aiming to establish a joint-venture company specialising in tourism, in which it will hold a 40% share. The airline has reached a provisional agreement through which it will collaborate with Tel Aviv-based travel firm Issta, which would also have 40% of the venture. El Al ...

  • El Al 737-c-El Al
    News

    Israel’s El Al names treasurer as new chief financial officer

    2023-04-26T08:00:00Z

    Israeli flag-carrier El Al has named Yacov Shahar as the airline’s new chief financial officer, succeeding Yitzhak Eliav. El Al says it formally appointed him to the post on 24 April. Shahar has previously served a long tenure as the company’s treasurer. His background includes holding the position of chief ...

  • El Al 737-c-El Al
    News

    El Al plots five-year fleet expansion including 737 replacement

    2023-03-06T15:17:00Z

    Israeli flag-carrier El Al is considering options to increase its fleet by up to 13 aircraft to keep up with its targets for passenger traffic and market share over the next five years. It is aiming to align the expansion with plans to replace its older Boeing 737 jets from ...

  • El Al 787-c-El Al
    News

    Israel’s El Al returns to full-year profit

    2023-03-03T17:45:00Z

    Israeli flag-carrier El Al has generated a full-year operating profit of $113 million, and ended the period with a net surplus of $109 million. The airline says it achieved a fourth-quarter net profit – a figure of $8.5 million – for the first time since 2015, although it points out ...

  • el al 787-c-el al
    News

    El Al 787 cuts flight time to Thailand with Saudi-Omani transit

    2023-02-27T10:32:00Z

    El Al has conducted its first flight through Saudi Arabian and Omani airspace since recent agreements lifted restrictions on transit by Israeli carriers. The airline operated its LY083 service from Tel Aviv to Bangkok on 26 February, using a Boeing 787-9 – a flight which took about 7h 30min. Its ...

  • El Al 787-c-El Al
    News

    Omani government to permit Israeli overflights: ministry

    2023-02-23T13:24:00Z

    Oman has become the latest Middle Eastern state to allow transit of Israeli aircraft, a decision which will enable a reduction in flight times for carriers operating Asian routes to and from Tel Aviv. The opening of Omani airspace follows several months of discussions between the two sides, and comes ...

  • El Al 787-c-El Al
    News

    El Al finance chief stepping down after two years

    2022-12-31T11:58:00Z

    Israeli flag-carrier El Al’s chief financial officer, Yitzhak Eliav, is to step down from his position by the end of the first quarter of 2023. Eliav was named as the head of the airline’s finances in January last year. He formerly held senior executive positions at fabric specialist Avgol Industries ...

  • Dubai DXB 2021
    In depth

    Airline Business performance tracker: rest of world Q3 2022

    2022-12-22T10:50:00Z

    Key data from the most-recent earnings period – the fourth quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight

  • El Al 787-c-El Al
    News

    El Al offers to take additional 787-9 originally built for another customer

    2022-12-18T12:41:00Z

    Israeli flag-carrier El Al has formally put forward an offer to purchase another Boeing 787-9, an aircraft which was originally manufactured for another customer. The airline has 15 787s in its fleet and already intends to take another – a delivery deferred during the pandemic – to complete its original ...

  • El Al 787-c-El Al
    News

    El Al’s main shareholder looks to swap debt for equity

    2022-12-15T18:32:00Z

    Israeli flag-carrier El Al’s primary shareholder is seeking to conduct a debt-for-equity swap involving a loan to the airline. Kanfei Nesharim holds 39% of the El Al share capital – and 54% on a fully-diluted basis – according to the company’s third-quarter financial statement. El Al says its board of ...

  • 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 ...