Back to Squawk list
  • 19

El Al accepts $400m bailout, with airline likely to be nationalized

Enviado há
Struggling carrier El Al could be flying back into state hands, as the company’s board accepted a government bailout Monday that would likely give the state some 61 percent of the firm. Under the deal, the airline will get a $250 million government-backed loan, with guarantees for 75% of the loan, in case the firm defaults. ( Mais...

Sort type: [Top] [Newest]

I actually thought it was already government owned. Ditto the comments by patrick.
patrick baker 4
EL AL is a necessary to Israel as is the water company, the power company: secure travel and conduit for tourism. So what if it is nationalized? What could replace it, the security structures for passenger safety that are required for this airline to exist safely?
Dwight Hartje 2
Saw this one coming.


Não tem uma conta? Registre-se agora (gratuito) para funcionalidades personalizáveis, alertas de vôo e mais!
Esse site utiliza cookies. Ao usá-lo e continuar a navegar, você concorda com isso.
Você sabia que o rastreamento de voos da FlightAware é patrocinado por anúncios?
Você pode nos ajudar a manter o FlightAware gratuito, permitindo anúncios de Trabalhamos muito para manter nossa publicidade relevante e discreta para criar uma ótima experiência. É rápido e fácil permitir anúncios no FlightAware ou, caso prefira, considere nossas contas premium.