All El Al articles – Page 6

  • El Al 747
    News

    Outbreak interrupts El Al 747-400 powerplant sale

    2020-05-15T10:22:00Z

    El Al is renegotiating the sale of a batch of Boeing 747-400 engines after the economic impact of the coronavirus outbreak interrupted the original agreement. The Israeli flag-carrier withdrew its 747-400 fleet from service last year. All the aircraft were fitted with Pratt Whitney PW4056 engines. ...

  • El Al 787
    News

    El Al awaiting final 787 as it cancels 737 leases

    2020-05-14T19:25:00Z

    Israeli flag-carrier El Al has yet to take delivery of its final Boeing 787, while the airline shuffles its current fleet as part of efforts to reduce cash burn. The carrier’s rejig includes cancelling a lease for two more Boeing 737-800s, it has disclosed in a newly-released full-year financial ...

  • El Al
    News

    El Al still discussing loan with carrier's survival at stake

    2020-05-14T17:26:00Z

    Israeli flag-carrier El Al has warned that the survival of the airline is uncertain as it seeks to secure urgent funding to cope with the coronavirus crisis. In its belated full-year financial statement, El Al says a loan is “essential” and that the are “significant doubts” about the continued ...

  • El Al 787
    News

    El Al in line for conditional support from government

    2020-05-11T09:01:00Z

    Israeli flag-carrier El Al has received a preliminary indication that the government is prepared to provide support to the airline but with conditions attached. El Al had been in talks over a commercial loan with state-backed guarantee, after being turned down for an assistance package from the ministry of ...

  • El Al 737-800
    News

    El Al sells three 737-800s to ease financial pressure

    2020-04-24T07:05:00Z

    Israeli flag-carrier El Al has reached a sale-and-leaseback agreement with an unidentified foreign company covering three Boeing 737-800s. The airline, which has been seeking to shore up its finances, says it signed a memorandum of understanding for the transaction on 23 April. El Al has not identified the ...

  • El Al 787
    News

    El Al in talks for bank loan backed by government

    2020-04-21T06:05:00Z

    El Al has entered discussions with an Israeli bank for a loan which would be partly backed by a state guarantee, in an effort to prop up its financial position. The Israeli flag-carrier had previously sought an assistance package from the ministry of finance but was turned down. ...

  • El Al Boeing 787
    News

    El Al bailout request rejected by Israeli finance ministry

    2020-04-07T12:44:00Z

    Israel’s finance ministry has rejected El Al’s request for state aid, prompting the airline to appeal directly to the country’s prime minister for help.

  • El Al
    News

    El Al awaits state funding decision after halting passenger flights

    2020-03-26T20:11:00Z

    Israeli flag-carrier El Al has opted to suspend all remaining passenger flights, as it awaits potential government financial support. El Al says the suspension, on 26 March, will continue until 4 April. It will continue to provide rescue and repatriation services as well as freight flights, some of ...

  • El Al 787-9
    News

    El Al puts most personnel on two months' leave

    2020-03-18T16:43:00Z

    Israeli flag-carrier El Al has put 5,500 personnel on unpaid leave until the end of May, following the cuts to its network in the face of the coronavirus crisis. El Al employs some 6,350 staff overall. It has been holding talks with the Israeli ministry of finance regarding ...

  • El Al 787
    News

    Industrial dispute notice heaps pressure on El Al

    2020-03-13T08:23:00Z

    Israeli flag-carrier El Al is facing industrial action from its personnel towards the end of this month, heaping pressure on the airline as it battles to deal with the coronavirus impact. The airline says it received, on 12 March, formal notification of a labour dispute and possible strike from ...

  • El Al
    News

    El Al bracing for heavy impact from Israeli coronavirus policies

    2020-03-12T17:54:00Z

    Israeli flag-carrier El Al is unable to estimate the impact of new government requirements that people returning to Israel from anywhere in the world must enter 14-day quarantine. The requirement will have a “material adverse effect” on El Al’s operations, the airline says. “But at this stage [we ...

  • El Al
    News

    El Al predicts deeper financial impact from coronavirus

    2020-03-01T08:50:00Z

    Israeli flag-carrier El Al is looking to take cost-saving measures after predicting a deepening financial impact on its operations from the coronavirus outbreak. El Al is forecasting a $50-70 million cut in its revenues for the first four months of this year, January-April. This includes a reduction of ...

  • El Al 737-800
    News

    El Al to serve third London airport with Stansted link

    2020-02-14T09:29:00Z

    Israeli carrier El Al is to re-open a connection to London Stansted, more than a decade after it last operated to the airport. El Al is to conduct flights to Tel Aviv using Boeing 737-800s. It will operate five-times weekly on the route from 28 June with flights ...

  • N418MC-B744-take-off-in-sky-ANC-2
    News

    Atlas Air to fly cargo for El Al

    2020-01-07T22:30:00Z

    Aircraft lessor and air freight company Atlas Air Worldwide Holdings says its Atlas Air unit will be flying cargo for Israel’s flag carrier El Al beginning this month.

  • El Al 787-9
    News

    El Al details Melbourne test flights

    2019-12-10T10:09:00Z

    Israeli flag-carrier El Al is to operate at least three non-stop services to Melbourne over the course of April-May next year, as part of a test of ultra-long-haul operations. The airline’s reservations system reveals that it will start operating the LY87 service from Tel Aviv to the Australian city ...

  • News

    El Al to test Melbourne route but complexity beckons

    2019-11-27T15:01:00Z

    Israeli flag-carrier El Al is to test a service to the Australian city of Melbourne using Boeing 787s.

  • News

    El Al agrees to lease another three 737-800s

    2019-11-27T08:14:00Z

    Israeli flag-carrier El Al has agreed to lease three more Boeing 737-800s, with the first to be delivered in December.

  • News

    El Al seals financing for first 787-8

    2019-11-26T07:35:00Z

    Israeli carrier El Al has signed for the financing of its first Boeing 787-8, which is scheduled for delivery during November.

  • El Al Boeing 787
    News

    El Al to own half of 787 fleet after lease rejig

    2019-09-03T09:47:17Z

    Israeli carrier El Al will own half the Boeing 787s in its fleet, having reversed plans for a sale-and-leaseback deal.