Author Topic: EL AL  (Read 159220 times)

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Re: EL AL
« Reply #1440 on: March 17, 2021, 05:01:21 PM »
Israel to bail out its airlines with $210 mln COVID-19 aid plan

Wednesday, March 17, 2021 10:58 PM
March 17 (National Post) -- TEL AVIV - Israel's government announced on Wednesday a long-awaited bailout of its airlines to help them weather the coronavirus crisis and maintain operations in the midst of a year-long halt to international travel.

As part of a financial assistance program overseen by the finance ministry, the government will buy $210 million-worth of flight tickets in advance from flag carrier El Al Israel Airlines and its low fare subsidiary Sun Dor.

The tickets are for the airline security personnel posted at airports that its carriers will fly to over the next 20 years, the finance ministry said in a statement. The sum will stay the same even if security requirements change.

The government plans to offer ticket purchase arrangements to other Israeli airlines that fly Israeli aviation security personnel in the coming days, the ministry said.

Israel's government had drawn criticism for previous aid offers that would have backed loans to airlines but stopped short of giving direct financial assistance. Other global carriers, like Germany's Lufthansa, received government bailouts as far back as last summer.

The government had most recently offered to back 82.5% of a $300 million loan to El Al, contingent on its new owner, Eli Rozenberg, injecting more cash into the airline and cutting costs.

The finance ministry said that the flight ticket purchase program will replace the government's offer to back the $300 million loan. The program is contingent on El Al issuing capital of $105 million, it added.

The aid plan will be submitted to Prime Minister Benjamin Netanyahu's cabinet for approval in the coming days, the ministry said.

El Al has reported losses for two years and racked up debt to renew its fleet. It suspended scheduled passenger flights last March at the outset of the health crisis when Israel closed its borders to most foreign citizens, compounding its financial woes.

Israel has begun to open up some international routes again to its citizens but on a limited basis, citing concerns over new coronavirus variants.

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Re: EL AL
« Reply #1441 on: March 17, 2021, 05:53:36 PM »
El al is not selling flights TLV-NYC for the next week after Monday, does that make sense?

Was booked on TLV-EWR Wednesday early am, they moved to JFK Tuesday night, was trying to find a diff flight and I see non for sale...

Do you think they will end up cancelling all flights?

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Re: EL AL
« Reply #1442 on: March 18, 2021, 04:57:29 AM »
El al is not selling flights TLV-NYC for the next week after Monday, does that make sense?

Was booked on TLV-EWR Wednesday early am, they moved to JFK Tuesday night, was trying to find a diff flight and I see non for sale...

Do you think they will end up cancelling all flights?
No. They blocked all the space so they can assure all the passengers booked to EWR are rebooked on the JFK flights. Once everyone is accommodated, if there are any extra seats, they will be for sale. But before they go on sale, they will likely go to clear waitlists

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Re: EL AL
« Reply #1443 on: March 18, 2021, 08:03:39 AM »
No. They blocked all the space so they can assure all the passengers booked to EWR are rebooked on the JFK flights. Once everyone is accommodated, if there are any extra seats, they will be for sale. But before they go on sale, they will likely go to clear waitlists

Thanks for the info. What happened to the EWR flights

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Re: EL AL
« Reply #1444 on: March 18, 2021, 08:27:21 AM »
Thanks for the info. What happened to the EWR flights
I'm not sure the exact reason why, but LY hasn't operated to/from Newark since the airport closed January 26. Ever since they started operating they cancel the Newark flights one week at a time.

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Re: EL AL
« Reply #1445 on: March 22, 2021, 12:30:39 PM »
I have to give him credit. New at the job and inviting the broader avgeek public to submit suggestions



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Re: EL AL
« Reply #1446 on: March 31, 2021, 09:11:30 AM »
Whos the best Travel Agent for sukkos booking to israel for a family

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Re: EL AL
« Reply #1447 on: April 05, 2021, 12:21:10 AM »
Press: LY will fly direct to Phuket  8) 8)

Flight to take 10 hours if they don't get KSA overfly - or 7:30 with overfly

https://www.israelhayom.co.il/article/867213

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Re: EL AL
« Reply #1448 on: April 06, 2021, 11:21:26 AM »



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Re: EL AL
« Reply #1449 on: April 06, 2021, 02:58:02 PM »
And now the cash sale is on too!

From $598 return, NY and Miami. Availability April - September

http://secretflights.co.il/flights-to-new-york

http://secretflights.co.il/flights-to-miami

They post links to dates on Skyscanner

https://www.elal.com/he/DealsAndPackages/Hot-Deals/Pages/North-America.aspx
« Last Edit: April 06, 2021, 03:03:30 PM by JlmBoi »
Where did I put my mask 🙃

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Re: EL AL
« Reply #1450 on: April 06, 2021, 02:59:26 PM »
How about to LAX?

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Re: EL AL
« Reply #1451 on: April 06, 2021, 03:02:45 PM »
DO Israelis flying back to the IL need a negative covid test to board, even if they have a green passport?

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Re: EL AL
« Reply #1452 on: April 06, 2021, 03:04:01 PM »
DO Israelis flying back to the IL need a negative covid test to board, even if they have a green passport?
Yes
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.