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Airline El Al Israel gives public loan back

Airline-finance ministry agreement to anticipate reimbursement

National airline El Al Israel will repay a 45 million dollars loan received from the Tel Aviv government during the pandemic by the end of the year. This is the result of an agreement reached between the air carrier and the ministry of finance which provides for the repayment of the sum two years in advance. At the moment, the airline will not yet be able to pay dividends or buy back own shares until...

Gic - 1246780

AVIONEWS - World Aeronautical Press Agency
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