Israel Denies El Al Airlines $350M State Loan

aircraft
El Al believes state support in the near term is essential to allow the company to cope with the consequences of the crisis.
Credit: El Al USA / Twitter
Israel’s Ministry of Finance has rejected El Al Israeli Airlines’ request for a $350 million state loan to sustain it through the COVID-19 global crisis. In a report to the Tel Aviv Stock Exchange on...

Subscription Required

 

Israel Denies El Al Airlines $350M State Loan is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.