Author Topic: El Al to be nationalized again  (Read 839 times)

Offline tavster

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Re: El Al to be nationalized again
« Reply #15 on: July 07, 2020, 09:13:07 AM »
They use wide-body planes for LON
Even to LTN?

Offline Dan

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Re: El Al to be nationalized again
« Reply #16 on: July 07, 2020, 09:14:54 AM »
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline yochai

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Re: El Al to be nationalized again
« Reply #17 on: July 07, 2020, 09:15:27 AM »
Even to LTN?
Why would they want to compete with wizz and easyjet on that route?
Just wondering, what made you choose those 4 destinations? BCN, CDG and AMS both have LCC competition. Routes without that would include FRA, MAD, BRU, ZRH, MUC
« Last Edit: July 07, 2020, 09:21:38 AM by yochai »

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Re: El Al to be nationalized again
« Reply #18 on: July 07, 2020, 09:15:55 AM »
Press has been talking about potential buyers for LY.

Just thinking out loud. To buy control one needs to buy shares from Knafayin (currently valued at $27 million), plus take part in the $150m equity issuance, so that's another $57 million. So for $84m one can control the company.

No one would buy this without having agreements signs with all the unions for significant cost cutting.

So with that in mind one can buy a company that will be worth a lot more once it becomes profitable, and be able to receive dividends etc.

Am i missing something?
Time for a DD Kickstarter project ;D
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline tavster

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Re: El Al to be nationalized again
« Reply #19 on: July 07, 2020, 09:18:54 AM »
Time for a DD Kickstarter project ;D
Brilliant. Dan as CEO?