Other Middle East and Africa Frequent Flyer Programs - Israel's El Al says committed to another Boeing 777

Israel's El Al says committed to another Boeing 777

El Al Israel Airlines said on Sunday it remains committed to acquiring a fourth Boeing 777 (BA) aircraft, denying Israeli media reports a consultant had advised against the purchase.

"We are currently planning delivery of the aircraft in June of 2002," El Al spokesman Nachman Klieman said. "There has been no talk of cancelling the 777."

http://money.iwon.com/jsp/nw/nwdt_rt.jsp?cat=USMARKET&src=201&feed=reu&section=news&news_id=reu-l04231151&date=20011104&alias=/alias/money/cm/nw

I think that ElAL's continued purchasing of 777's is a sign of a continued reduction of capacity, because they are replacing 747's.

Interesting that EL AL tend to BUY their planes rather than LEASE them.