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ISRAEL MOVES TOWARDS EL AL PRIVATIZATION

TEL AVIV, Israeli government is trying to raise the issue of El AL's privatization again, after the carrier continued to report high losses in the last months. Some local investors are reported to be interested in taking over the carrier. El Al's losses reached $150 million over the past 15 months.

AVIONEWS - World Aeronautical Press Agency - 15308
Rome, Italy, 07/12/2001 16:40
AVIONEWS - World Aeronautical Press Agency

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