El Al / Israir merger nearing agreement
#1
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#3
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Didn't they tried TLV-JFK over a decades ago? The loads is not very good. They couldn't have profitable. Because of this, it has too much competition against LY & DL.
#4
Join Date: Mar 2008
Location: Israel/United States
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Yes they did. However, the amount of flights they cancelled on no notice makes today's troubles with El Al look insignificant. I can't wait to see what happens now.
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#6
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So to me what would make the most sense would be for El Al to add additional routes to UP based on some of the routes that Israir flew. I guess it will also be helpful for El Al to have flights to Eilat again.
It's interesting to see that they are selling the Israir planes and leasing them back - gives them a big cash infusion, and then keeping the planes just becomes a monthly expense.
It's interesting to see that they are selling the Israir planes and leasing them back - gives them a big cash infusion, and then keeping the planes just becomes a monthly expense.