El Al Airlines shareholders clear FIMI to acquire 47% stake

Credit: Courtesy, Boeing
Israeli investment fund FIMI has come a step closer to holding the largest stake in El Al Airlines after the carrier’s shareholders agreed to its investment proposal. FIMI is looking to invest up to $75 million in El Al in return for a 47% stake in the airline. If the deal goes ahead FIMI will...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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