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Israeli government to sell El Al

Tel Aviv, Israel - The initial plan is to float 49% of the air carrier

Isareli government is going to privatize the nation flag air carrier El Al as of next year. At the beginning just a 49% stake would be floated at the Tel Aviv Stock Exchange, while, as stated by the country's ministry of Transports, the future of the remaninig 51% has yet to be defined. To be able to go on with the operation, Israel has previously to solve two issues: first of all the ban to fly due...

AVIONEWS - World Aeronautical Press Agency - 30776

AVIONEWS - World Aeronautical Press Agency
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