El Al El Al has been selected to operate the first historic flight from Israel to the Moroccan capital, Rabat, on Tuesday, December 22, 2020. Instead of scheduling a meeting, El Al’s lawyer, Adv. El Al lost $140 million in the first quarter and owes $350 million in refunds for canceled flights. The report comes on the heels of a July 16 report on the temporary halt of regular passenger flights through August. … The president of El Salvador, Nayib Bukele, has said criminal gangs are taking advantage of the coronavirus pandemic after more than 50 people were killed between Friday and Sunday. SIGN UP FOR NEWSLETTERS. It has debt of $1.3 billion to banks and owes another $300 million to ticketholders whose flights were canceled. Authors. Sunday, Dec. 13, marked a new chapter for Israel and its flag carrier, El Al, when its first Dubai-bound commercial flight took to the skies at 5:49 a.m. local time. As first reported by Travel with Grant, American Express made a few changes to its credit card terms.The most notable change is that the bank is removing El Al as a Membership Rewards transfer partner. Avi Edri, head of one of the biggest unions representing El Al … Designed and powered by. All News Coronavirus – Policy and Updates. Copyright © 2020 | The Yeshiva World. El Al Will Fly Its Newest Dreamliner to America Later This Year. Tony Douglas said: “Following EL AL’s historic flight to Abu Dhabi, the first ever flight between Israel and the UAE, this MOU is the foundation of what we envision will be a strong ongoing relationship between Abu Dhabi and Tel Aviv. Stock analysis for El Al Israel Airlines (ELAL:Tel Aviv) including stock price, stock chart, company news, key statistics, fundamentals and company profile. E-mail: subs@jpost.com, Copyright © 2020 Jpost Inc. All rights reserved. Stay on top of News latest developments on the ground with Al Jazeera’s fact-based news, exclusive video footage, photos and updated maps. Russ Niles. Dubai state-owned flydubai will operate twice-daily fights between the UAE's and Israel's financial capitals - Dubai and Tel Aviv - the airline said this month. El Al Israel Airlines Ltd. (TASE: ELAL)is planning at least one daily flight between Israel and Morocco using Dreamliners for the five hour journey, sources inform "Globes. Your next vacation in Israel begins here! It reported a $140 million first-quarter loss before the brunt of the pandemic hit. 14 things you should know about Global Entry before your next trip. 29.12.2020 . El Al's board and representatives requested an urgent meeting with the relevant government officials. El Al has agreed to a treasury plan under which it will be entitled to $250 million in government-guaranteed loans on condition that it raises $150 million in equity capital via a share sale to the public. But El Al will need a lot more cash than that. An EL AL flight en route to Tel Aviv from Toronto was forced to return to the city after issuing a mayday call. Al-Masdar Al-‘Arabi (The Arab Source) is dedicated to providing the latest news and analysis from the Arab world.Launched in August 2014, Al-Masdar News is an independent media service free from any political or corporate funding, sponsorship or association. More El Paso News Headlines Police seek leads in massive cell phone theft Crime / 18 hours ago. Israel is considering options for El Al Airlines Ltd. that include a bankruptcy filing as the coronavirus outbreak wipes out demand for travel, according to people with knowledge of the situation. El Al said 6,080 employees are on unpaid leave, compared to 6,100 as of July 16. Al-Monitor features unmatched reporting and analysis by prominent journalists and experts from the Middle East and North Africa, through our reporting and analysis on Egypt, the Gulf, Iran, Iraq, Israel, Jordan, Lebanon, North Africa, Palestine, Syria and Turkey. The government bought a 15% stake for $34 million while the holdings of El Al's current owners, Knafaim Holdings , fell to 15.2% from 38%. CTRL + SPACE for auto-complete. That offering is expected to take place in late August or early September. News, analysis from the Middle East & worldwide, multimedia & interactives, opinions, documentaries, podcasts, long reads and broadcast schedule. El Al said, "After the pilots refused to fly the company's flights (cargo flights and a small number of passenger flights), we have been forced to adjust our work force and put 500 additional employees on unpaid leave including 100 pilots." Back in August, Israel and the UAE sent shockwaves throughout the region, when they announced they’d be normalizing ties as part of a U.S.-brokered pact. Israeli flag carrier El Al is on the ropes and its fate will be determined by negotiations with pilots and mechanics over the next few days. Israel's El Al Says Mulling Direct Flights to Morocco By Reuters , Wire Service Content Dec. 10, 2020 By Reuters , Wire Service Content Dec. 10, 2020, at 12:19 p.m. News, analysis from the Middle East & worldwide, multimedia & interactives, opinions, documentaries, podcasts, long reads and broadcast schedule. Al-Sisi decree establishes ‘forbidden’ areas along Egypt’s borders Law intended to stabilise “sensitive regions, where people could have hostile intentions”, says analyst Daily News Egypt Telephone: *2421 * Extension 4 Jerusalem Post or 03-7619056 Fax: 03-5613699E-mail: subs@jpost.com El Al has been selected to operate the first historic flight from Israel to the Moroccan capital, Rabat, on Tuesday, December 22, 2020. The new Dubai service, operated by an Atlas Air B747F, will run on a weekly basis as part of the Tel Aviv-headquartered airline’s Liege operation. News El Al survival remains in balance as losses top $400m. [more - original PR] Want More News Like This? Published by Globes, Israel business news - en.globes.co.il - … 13:00 Later on Monday, Israir received approval from Greek authorities to send rescue flights to Thessaloniki for the purpose of returning Israelis home. El Al Refuses To Meet With Potential Buyer Eli Rozenberg. Maclean’s; Allen Abel; Brian Bethune; Claire Brownell; Prajakta Dhopade EL AL Israel Airlines and Etihad Airways, the national airline of the United Arab Emirates, are set to explore deeper cooperation following the signing of a virtual memorandum of understanding. All rights reserved. El Al Airlines sent a letter to Eli Rozenberg, who sent an official offer to acquire 45% of the company on behalf of his father, Kenny Rozenberg, refusing to set up a meeting with his representatives until he answers several questions, a Globes report said. El Al is expected to file a prospectus by the end of this week. Moscow, Russia - May 10, 2013: El Al Boeing 747 takes off Domodedovo International Airport. This change is effective on Dec. 31, 2020, when American Express and El Al’s partnership seemingly ends. Finance Ministry Director-General Keren Turner sent a letter to El Al urging the company to seriously consider Rozenberg’s offer. Telephone +972-3-761-9056 worth of stocks The state will take over the national airline company until it can be sold to an investor. Upon hearing the news that the El Al jet had landed, Strohmayer told TPG “the warmth Israelis receive when they arrive in Dubai and Abu Dhabi is a testament that the new expanding circle of peace will be a very warm one, with close relationships between our people. Rozenberg in … El Al to be nationalized, state to purchase $150m. Following an unresolved labor dispute, the CEO of the airline, Gonen Usishkin, has today ordered all aircraft to return to Israel, including those operating cargo flights. EL AL suspends its flights to Beijing EL AL Israel Airlines announced that flights to Beijing will be temporarily suspended until 25 March 2020. Visit Israel with El Al - Affordable and convenient ways to order airline tickets online, for attractive prices! This reflects a special and genuine affinity to the State of Israel. El Al plans to operate three flights a day on Sundays and Thursdays and two flights on other days of the week. But the International Air Transport Association doesn’t expect the world’s air traffic to return to 2019 levels before 2024. El Al Israel Airlines Ltd. (TASE: ELAL, Hebrew: אל על נתיבי אויר לישראל בע״מ ‎), trading as El Al (Hebrew: אל על ‎, "To the Skies" or "Skywards", stylized as ELעלALאל; Arabic: إل-عال ‎), is the flag carrier of Israel. Klagsbald added that the deadline that Rozenberg provided for El Al to respond to his offer, August 31, is not realistic and there is no point in setting up a meeting unless the date is changed. The move came during during an official visit from the kingdom of Bahrain to Israel. Find photos and videos, comment on the news, and join the forum discussions at al.com El Paso’s COVID spike worsens, 808 cases reported Saturday El Paso News / 20 hours ago. Facebook. Twitter. Live, breaking and in-depth news from Asia, Africa, the Middle East, Europe and the Americas. ELAL > ELAL-EN > EL AL Group > About EL AL > News . Stay on top of News latest developments on the ground with Al Jazeera’s fact-based news, exclusive video footage, photos and updated maps. Gulf Air and EL AL Airlines are set to embark on a collaboration following the signing of a memorandum. Fax: 972-3-561-3699 JNS.org – Israeli national airline El Al announced on Sunday it would operate its first flight to Rabat, Morocco on Tuesday. Essential Reading. El Al has been quite busy in recent days in building up its UAE bound exposure. Israir CEO Uri Sirkis expects 150,000 Israeli tourists to visit Morocco in 2021. This allows us to report on current events free of any bias or prejudice. El Al Airlines announced on Sunday that it will be operating the first flight from Israel to Morocco on Tuesday, December 22. Video. The Israeli airline reports a drop of 94% in earnings since July • future of air travel remains uncertain, Norwegian Air Shuttle ASA files for bankruptcy. Aviation News; news; El Al’s Fate Determined This Week. El Al Airlines announced on Sunday that it will be operating the first flight from Israel to Morocco on Tuesday, December 22. The new owner of Israeli national airline El Al is a 27-year-old son of … EL AL has further expanded its cargo operations through a new service to Dubai and also by entering into a new partnership with CargoJetX on operations between Europe, Asia and the US. EL AL Israel Airlines and Etihad Airways, the national airline of the United Arab Emirates, are set to explore deeper cooperation following the signing of a virtual memorandum of understanding. Rozenberg in … The service will operate once weekly, completing a round trip with a Boeing Dreamliner that seats 271 people. El Al announced on Monday afternoon that as of Sunday, December 13, it will operate 14 weekly flights to Dubai in the United Arab Emirates. 0. El Al began resuming cargo flights on Monday and plans to gradually roll out limited passenger service starting October 1. Watch Al Jazeera’s live broadcast now. Israel's flag-carrier airline. 24.12.2020 . For international customers: The center is staffed and provides answers on Sundays through Thursdays between 7AM and 6PM  EL AL News. If Rozenberg jr. took off his Kippa, ElAl would be happy to meet and be even delighted at his buying offer. According to Ynet, after being asked to put on a face mask, the passenger started swearing and confronting the flight attendants on the plane. Although Rozenberg’s offer to purchase El Al has been the only one to date, El Al has reason to believe that other parties may be proffering offering, based on various reports, the Globes report said. Israel’s El Al and Abu Dhabi-based Etihad Airways have signed a memorandum of understanding covering the eventual introduction of joint codeshare services between Abu Dhabi and Tel … Stock analysis for El Al Israel Airlines (ELAL:Tel Aviv) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Updated flight schedule to Israel for December 22-23, 2020. El Al raised NIS 505 million in a public offering of its shares this week. Played a key role in airlifting Jews from Ethiopia and Yemen. EL AL, the national carrier of Israel, attaches great importance to activities that benefit the community. Email. The launch of the new service is the outcome of a series of bilateral agreements signed between the UAE and Israel. El Al claims airline's buyer is front man for his non-Israeli father. Even the $250 million government-guaranteed loan the treasury is offering won’t keep El Al afloat for long. The Israeli airline lost $23 million in the second quarter, had to reimburse passengers for cancelled flights. Klagsbald, sent another letter to Rozenberg asking for clarification of the true identity of the buyer, Eli Rozenberg or his father Kenny, who as a foreign resident cannot legally purchase control of El Al. Write CSS OR LESS and hit save. Read all about El Al here as TPG brings you all related news, deals, reviews and more. Coronavirus – Policy and Updates. Advertisement El Al has cancelled all flights planned for Wednesday, after the pilot's union announced that pilots would not embark on flights due to the company's financial crisis. El Al has been closely tied to the development of Israel after being founded alongside the country itself in 1948, and was state-owned until being privatized in 2004. Last week, El Al resumed flights to Frankfurt and Amsterdam, while flights to Los Angeles, Miami and Kiev will restart. The government bought a 15% stake for $34 million while the holdings of El Al's current owners, Knafaim Holdings , fell to 15.2% from 38%. For Further Information. 12 Mistakes Most Tourists Make in Israel. El Al accepted a government bailout plan that would essentially nationalize the airline by giving the government control of about 61% of the company, news reports said on … In September, Saudi Arabia declared that it will be allowing all foreign civilian flights to fly over its airspace, but didn't mention Israel. ElAl doesn’t like us committed Jews. Updates about EL AL flights, new offers, public notices, responses and more. MELANIA BREAKS SILENCE: “Disappointed And Disheartened” By Deadly Riot; Slams Those... New York State Bar Association Wants To Revoke Giuliani Membership. With COVID-19 literally grounding much of the world, the road was tough for El-Al as it was. An El Al flight from the US to Israel was forced to make an unscheduled stop in Canada Friday. The carrier is scheduled to operate twice daily with Boeing 787 and 737-900 aircraft. El Al is supposed to issue an offering to raise $150 million by the end of August, based on a Finance Ministry decision. An opportunity to fulfill all the miztvos of eretz yisrael on your own private field. El Al launches Tel Aviv-Dubai service. 2020-11-25T10:42:00Z. Al-Masdar Al-‘Arabi (The Arab Source) is dedicated to providing the latest news and analysis from the Arab world.Launched in August 2014, Al-Masdar News is an independent media service free from any political or corporate funding, sponsorship or association. Print. El Al workers protesting outside the Finance Ministry, Jerusalem, May 5, 2020 Credit: Ohad Zwigenberg Already ailing before the coronavirus struck, El Al was forced to halt nearly all its flights and furlough more than 80 percent of its staff. When the markets closed, company shares sold at a minimum price of 67.1 agurot per share. Every El Al plane has been ordered back to Israel. Toll Free number in Israel only 1-800-574-574  El Al Airlines sent a letter to Eli Rozenberg, who sent an official offer to acquire 45% of the company on behalf of his father, Kenny Rozenberg, refusing “It is not clear why your letter does not refer to this basic question,” Klagsbald wrote. Get Alabama latest news. It seems to me that the arab Hanniya also turned down 15 billion in foreign aid for similar reasons. The center is staffed and provides answers on Sundays through Thursdays between 07:00 and 14:00 and Fridays only handles distribution requests between 7:00 and  Every El Al flight has been grounded until further notice. El Al notified the Tel Aviv Stock Exchange (TASE) last week that its first-quarter revenue will be $30 million lower than the projected amount due … Police Disperse Minyan in Beitar and Talmud Torah in Modi’in Illit... Israel: 2 Pediatric COVID Patients Are Ventilated. Corporation Responsibility. Flights will be on Boeing 737-900 and 787 Dreamliner aircraft, it said. Privatized in 2003, The Jerusalem Post Customer Service Center can be contacted with any questions or requests: Linkedin. The company will … Dubai International Airport announced (13-Dec-2020) El Al operated the inaugural Tel Aviv service. The trip will allow visitors to get an "in-depth acquaintance with the destination and will provide an experience that has never been seen before, even for experienced safari travelers.". El Al reports massive losses, appeals to the state for more aid The Israeli airline lost $23 million in the second quarter, had to reimburse passengers for cancelled flights. Photo: Getty Images All flights canceled. Captain, Owners Of NY Illegal Party Cruise Arrested. FILE PHOTO: El Al Israel Airlines planes are seen on the tarmac at Ben Gurion International airport in Lod, near Tel Aviv, Israel March 10, 2020. 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