Author Topic: EL AL  (Read 126274 times)

Offline mgarfin

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Re: EL AL
« Reply #1110 on: September 04, 2020, 11:53:55 AM »
?s=20

Offline tavster

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Offline tavster

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Re: EL AL
« Reply #1112 on: September 08, 2020, 06:43:02 AM »
?s=20
https://en.globes.co.il/en/article-rozenberg-sets-up-company-to-buy-el-al-in-public-offering-1001341989

The tender offer next week will be interesting

Offline ae123

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Re: EL AL
« Reply #1113 on: September 08, 2020, 08:35:47 PM »
We had 3 round-trip tickets EWR-TLV for late July that were cancelled.
El Al is simply unreachable.
We filed a DoT complaint and just received this (see below).
Has anyone else been in this situation and can tell us what to expect?
Thank you.
(I hope I'm posting in the right place.)

*************

This responds to your communication regarding EL AL ISRAEL. The U.S. Department of Transportation seeks to ensure that all airline passengers are treated fairly. Complaints from consumers are helpful to us in determining whether the airlines are in compliance with our rules and to track trends or spot areas of concern that warrant further action.

Based on the information you have provided, your complaint appears to fall under the Department's rules. We will forward your complaint to the airline and ask the company to respond directly to you with a copy to us. Airlines are required to acknowledge receipt of a consumer complaint within 30 days and provide a substantive response to the complainant within 60 days. We will review the airline's response. If you need to contact me, please include your name and case number (see above).

If our review of your complaint and the response from the company discloses a potential violation of our rules, we may pursue enforcement action. Generally, we pursue enforcement action on the basis of a number of complaints which may indicate a pattern or practice of violating our rules. Your complaint may be among those considered and may lead to appropriate enforcement action including the assessment of civil penalties. However, we have no authority to order compensation for individual complainants.

We have entered your complaint in our computerized industry monitoring system, and it will be counted among the number of complaints filed against this airline in our monthly Air Travel Consumer Report. This report allows consumers and air travel companies to compare the complaint records of individual airlines and tour operators. The data in this report also serve as a basis for rulemaking, legislation and research. Consumer information for air travelers, including the Air Travel Consumer Report and our pamphlet Fly-Rights, a Consumer's Guide to Air Travel, can be found on our website: www.transportation.gov/airconsumer. Thank you for taking the time to contact us.

Offline tavster

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Re: EL AL
« Reply #1114 on: September 09, 2020, 09:15:42 AM »
LY agrees to go ahead with the equity issuances by September 15th

By next week we should know who the new owners are.

If I had to bet id say that Rosenberg will buy a controlling stake during the issuance.

https://www.globes.co.il/news/article.aspx?did=1001342149

Offline PlatinumGuy

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Re: EL AL
« Reply #1115 on: September 09, 2020, 12:39:03 PM »
LY agrees to go ahead with the equity issuances by September 15th

The article says a few days after Sep 15
Purpose > Pleasure

Offline noah32

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Re: EL AL
« Reply #1116 on: September 09, 2020, 03:43:56 PM »
We had 3 round-trip tickets EWR-TLV for late July that were cancelled.
El Al is simply unreachable.
We filed a DoT complaint and just received this (see below).
Has anyone else been in this situation and can tell us what to expect?
Thank you.
(I hope I'm posting in the right place.)

*************

This responds to your communication regarding EL AL ISRAEL. The U.S. Department of Transportation seeks to ensure that all airline passengers are treated fairly. Complaints from consumers are helpful to us in determining whether the airlines are in compliance with our rules and to track trends or spot areas of concern that warrant further action.

Based on the information you have provided, your complaint appears to fall under the Department's rules. We will forward your complaint to the airline and ask the company to respond directly to you with a copy to us. Airlines are required to acknowledge receipt of a consumer complaint within 30 days and provide a substantive response to the complainant within 60 days. We will review the airline's response. If you need to contact me, please include your name and case number (see above).

If our review of your complaint and the response from the company discloses a potential violation of our rules, we may pursue enforcement action. Generally, we pursue enforcement action on the basis of a number of complaints which may indicate a pattern or practice of violating our rules. Your complaint may be among those considered and may lead to appropriate enforcement action including the assessment of civil penalties. However, we have no authority to order compensation for individual complainants.

We have entered your complaint in our computerized industry monitoring system, and it will be counted among the number of complaints filed against this airline in our monthly Air Travel Consumer Report. This report allows consumers and air travel companies to compare the complaint records of individual airlines and tour operators. The data in this report also serve as a basis for rulemaking, legislation and research. Consumer information for air travelers, including the Air Travel Consumer Report and our pamphlet Fly-Rights, a Consumer's Guide to Air Travel, can be found on our website: www.transportation.gov/airconsumer. Thank you for taking the time to contact us.

I received the same response last week. I think we just need to wait (up to) 60 days to hears ElAl's response.

Offline ae123

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Re: EL AL
« Reply #1117 on: September 09, 2020, 03:52:06 PM »
I received the same response last week. I think we just need to wait (up to) 60 days to hears ElAl's response.
Do you think the new owners will honor prior tickets like ours?

Offline tavster

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Re: EL AL
« Reply #1118 on: September 09, 2020, 03:53:29 PM »
Do you think the new owners will honor prior tickets like ours?
Yes

Offline tavster

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Re: EL AL
« Reply #1119 on: September 13, 2020, 02:38:25 AM »
Link to LY equity raise roadshow presentation

Planning a 505-million shekel share offer during the coming week

https://mayafiles.tase.co.il/rpdf/1320001-1321000/P1320596-00.pdf

Offline yaakov35

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Re: EL AL
« Reply #1120 on: September 13, 2020, 06:05:23 PM »
Are you sure?
I had in mind that besides de 747 Cargo mentioned above, (and I have a feeling it's leased) the rest of the fleet had been grounded and all pilots put on unpaid leave
Ly 33 bibis plane is a regular elal 777.

Offline chff

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Re: EL AL
« Reply #1121 on: September 13, 2020, 09:14:14 PM »
Ly 33 bibis plane is a regular elal 777.
As always

Offline tavster

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Re: EL AL
« Reply #1122 on: September 15, 2020, 09:09:13 AM »
Wake me up when an agreement is reached.
@Dan by tomorrow evening we should know who the new owner is. Then LY gets the State to guarantee the loans, and we're 'back in business'

https://en.globes.co.il/en/article-el-al-tase-150m-offering-to-go-ahead-tomorrow-1001342840

Offline ExGingi

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Re: EL AL
« Reply #1123 on: September 15, 2020, 09:17:29 AM »
@Dan by tomorrow evening we should know who the new owner is. Then LY gets the State to guarantee the loans, and we're 'back in business'

https://en.globes.co.il/en/article-el-al-tase-150m-offering-to-go-ahead-tomorrow-1001342840

It ain't over 'till it's over.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Shauly101

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Re: EL AL
« Reply #1124 on: September 15, 2020, 10:16:20 AM »
if its public how does it work?

who gets to grab first? Rozenberg or Saphir?