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El Al Israel employees buy part of the company's share

Tel Aviv, Israele - Finance Minister said the union representing the workers purchased 8,17 shares

Union representing employees at El Al Israel Airlines purchased 8,17 shares into the company: the announcement came from Israel Finance Minister. The business is worth USD2,9m; always according to the same source government sold the shares to the workers at a discounted price. Last december this last gave up control of El Al after Knafaim-Arkia Holdings exercised options in the airline to bring its...

AVIONEWS - World Aeronautical Press Agency - 115007
Rome, Italy, 02/24/2005 12:22
AVIONEWS - World Aeronautical Press Agency

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