Way to go ElAl...
They must be MAD!!!!!!!!!
From reading the article it does indeed seem like they are completely backing out of the 2010 plan.
They seem to be terrified of the competition, and therefore don’t want to spend any money, instead of making sure they are better or at least as good as the others
I would love to know what their plans are now. No new planes? So they are going to fly the 757/767 fleet for 30 years like they did with the 742's?
Shame the government sold the company, and it is even a greater shame who it was sold to.