El Al will suspend its operations to Moscow until the end of March, a decision made in the wake of the recent crash of Azerbaijan Airlines flight 8243.This announcement comes after the Israeli carrier...
El Al Israel Airlines has secured a $120 million loan to finance one 787-9 aircraft.The aircraft financing has been granted for a period of 12 years, using a structure that allows the amount of the lo...
Virgin Atlantic has announced three brand new codeshare partnerships which will launch this year, alongside confirming the airlines plan to return to Tel Aviv from September 5, 2024. The codeshares...
El AL and AerCap have signed lease agreements for two new Boeing 787-9 Dreamliners. The aircraft are scheduled to be delivered in the fourth quarter of 2025 and the first quarter of 2026. Dina Ben Tal...
Israeli airline El Al has confirmed that it has returned some Boeing 777-200ER aircraft to its fleet to meet high travel demand during the summer. Israel’s flag carrier has six 777s in its fleet and i...
El Al has closed a transaction to monetise its loyalty club. The Israeli airline has sold its Matmid Frequent Flyers Club to a wholly-owned subsidiary and has provided The Phoenix Group with an option...
After a three year hiatus, Airline Economics is once more in Israel at the second Airline Economics Growth Frontiers Tel Aviv 2022 conference. The conference was opened by chair Ran Ackerman, senior v...
Avigal Soreq, who currently serves as Chief Executive Officer of El Al Airlines, has resigned to take up a role as President and Chief Executive Officer of Delek US and President of Delek Logistics. S...
Israeli airline El Al has signed a non-binding deal for a $130 million loan from insurer Phoenix Group, which has an interest rate of 5.5% to 7%. El Al has pledged its Matmid frequent flier club as co...
Israel's flag carrier El Al Airlines has entered a non-binding memorandum of understanding to buy Arkia. Under the proposed deal, Arkia would become a fully-owned subsidiary of El Al. In return, Arkia...
El Al has disclosed that it is in the process of purchasing rival airline Arkia. Local media reports that the negotiations are in preliminary stages and there is no guarantee that the acquisition will...
David Brodet has announced that he is stepping down as chairman of El Al Israel Airlines at the end of May. “During my tenure as chairman, I worked ... to get the company what it needed, to overcome t...
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