LY just published another quarter with operating losses..
Just trying to understand the impact of these two items:
1) All 767 will be retired by year end 2018, instead of 2020.
2) from the press release in Hebrew: "Changing the method of compensation for travel agents and wholesalers who work with ElAl in Israel and around the world: the company adapts itself to the trend prevailing among most of the world's leading airlines, to change the compensation model between airlines and travel agents, and will switch to a new model where agents will not be receiving a base rate, currently 5% in Israel and in a variable percentage in the countries in which the Company operates"