Airline

EL AL sells 12 Pratt & Whitney engines

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EL AL sells 12 Pratt & Whitney engines

El Al Israeli Airlines has agreed to sell 12 Pratt & Whitney 4056-3 engines to a major company. A stock filing states that once the deal has been completed the airline stands to make an estimated capital gain of approximately $30 million before tax. The deal is still subject to a technical exa...

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