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Article without paywall: https://www.msn.com/he-il/money/news...A1/ar-BB14bkrf
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Originally Posted by nombody
(Post 32382561)
Article without paywall: https://www.msn.com/he-il/money/news...A1/ar-BB14bkrf
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Originally Posted by Alpha Golf
(Post 32383725)
Via Google Translate: "Another hedge transaction, which God made for a $ 49 million loss, is currently hedging the three-month Libor rate." :D
This is how I would have translated it: "Another hedge transaction, which caused El Al a $49 million loss as of now, is hedging the three months Libor rate." |
I guess we should go and redeem our points for Pizza hut vouchers , might be worthless soon :-(
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El Al cancels all flights until further noticehttps://www.jpost.com/israel-news/el...-notice-633391 |
Originally Posted by Calculated Risk
(Post 32498399)
El Al cancels all flights until further noticehttps://www.jpost.com/israel-news/el...-notice-633391 |
Originally Posted by Fly613
(Post 32498403)
Its time for them to go bankrupt and start over with new owners, and a better attitude
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Originally Posted by Fly613
(Post 32498403)
Its time for them to go bankrupt and start over with new owners, and a better attitude
+1, but you left out, New contracts where the crew arent earning ridiculous wages that will only kill the new company as well There can be no Scared cows, something that isnt practiced in Israel (no pun intended) |
Wow! No real surprise!
This is very bad. Hopefully they will find another airlines to fly to/from TLV. |
United and Delta are already covering the routes to EWR and JFK in the New York Area. Air France, Austrian, and Lufthansa are still flying to and from TLV, not to mention RyanAir and Wizz.
It's funny how throughout any wars, El Al as always the one flying, but when it comes to money El Al stops flying. |
Originally Posted by JerusalemAsher
(Post 32504255)
United and Delta are already covering the routes to EWR and JFK in the New York Area. Air France, Austrian, and Lufthansa are still flying to and from TLV, not to mention RyanAir and Wizz.
It's funny how throughout any wars, El Al as always the one flying, but when it comes to money El Al stops flying. Welcome to Economic 101 |
Game over or muscle flexing?
https://en.globes.co.il/en/article-e...utm_source=RSS The Israeli airline has put all its remaining 500 air crew, including 100 pilots, on unpaid leave.The crisis at El Al Israel Airlines Ltd. (TASE: ELAL) has deepened after the flag carrier put its entire air crew including 100 pilots on unpaid leave. The airline had already put more than 90% of its staff on unpaid leave back in March at the start of the Covid-19 crisis. In the past few days, El Al has cancelled all its cargo flights and its few remaining passenger flights, claiming that the pilots were refusing to fly.From now on, El Al itself will officially not be flying. Cargo flights will be undertaken using leased aircraft and passenger flights will not operate |
It ain't over yet.
Shuly |
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