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El Al Israel Airlines in private hands after more than 50 years

Jerusalem, Israel - It is the second major national firm which the Government gives to private investors over two year

The control of El Al Israel Airlines has been bought out by the Holding Knafaim-Arkia, which owned already 25 percent of the carrier and that thanks to the deal began 40 per cent owner of El Al Israel becoming as well the major shareholders (see AVIONEWS). The one announced today is the second major firm that the Israel Government gave in private hands over two years. Currently El Al Israel Airlines...

AVIONEWS - World Aeronautical Press Agency - 110565

AVIONEWS - World Aeronautical Press Agency
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