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Author Topic: EL AL  (Read 662598 times)

Offline tavster

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Re: EL AL
« Reply #1400 on: June 02, 2020, 11:34:01 AM »
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Offline Dan

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Re: EL AL
« Reply #1401 on: June 02, 2020, 11:39:29 AM »
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Online yochai

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Re: EL AL
« Reply #1402 on: June 02, 2020, 11:41:25 AM »
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Offline Dan

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Re: EL AL
« Reply #1403 on: June 02, 2020, 11:42:02 AM »
Yup, I'm going to go with fake news.
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Offline tavster

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Re: EL AL
« Reply #1404 on: June 02, 2020, 11:44:45 AM »
Fair enough
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Offline ExGingi

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Re: EL AL
« Reply #1405 on: June 02, 2020, 12:21:09 PM »
Quote from: Dan on June 02, 2020, 11:42:02 AM
Yup, I'm going to go with fake news.

When it comes from Israel, it's safe to assume fake news for any and all published news items (IINM someone 'round here once said something about them being the originators of fake news before fake news was a thing).
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Offline Yosel

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Re: EL AL
« Reply #1406 on: June 02, 2020, 10:57:32 PM »
2 days ago chase granted me credit for the disputed charge of my ELAL ticket that i purchased on gotogate.com, filed the dispute in March for cancled flight 
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Offline Elikip

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Re: EL AL
« Reply #1407 on: June 03, 2020, 01:07:12 AM »
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Offline yaakov35

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Re: EL AL
« Reply #1408 on: June 03, 2020, 01:11:34 AM »
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Offline zagguru

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Re: EL AL
« Reply #1409 on: June 03, 2020, 10:02:17 AM »
Is LY blocking EF from showing award availability?
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Offline tavster

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Re: EL AL
« Reply #1410 on: June 05, 2020, 08:06:51 AM »

https://www.routesonline.com/news/38/airlineroute/291653/el-al-202021-network-modification-as-of-04jun20/

El Al Israel Airlines recently filed inventory changes, which sees cancellations on selected routes, when the airline gradually resumes operation later this summer. As of 04JUN20, the airline intends to resume scheduled operation as early as 21JUN20, however this remains subject to change.

As of 04JUN20, following routes are closed for reservation (selected routes are closed permanently, at least into May 2021 at present). Further adjustment remains likely, pending on projected market condition.

Tel Aviv – Beijing Capital 3 weekly closed for booking until 24OCT20
Tel Aviv – Boston 3 weekly closed for booking until 13MAR21
Tel Aviv – Chicago O’Hare 3 weekly closed for booking until 13MAR21
Tel Aviv – Dublin Planned new service (3 weekly from 26MAY20) closed for reservation, including travel on/after 25OCT20
Tel Aviv – Dusseldorf Planned new service (3 weekly from 03JUL20) closed for reservation, including travel on/after 25OCT20
Tel Aviv – Las Vegas 1 weekly closed for booking. Reservation also closed for travel on/after 25OCT20
Tel Aviv – London Luton 11 weekly closed for booking until 05SEP20
Tel Aviv – London Stansted 5 weekly closed for booking (Previously scheduled 28JUN20 – 03SEP20)
Tel Aviv – Manchester 3 weekly service closed for booking. Reservation also closed for travel on/after 25OCT20
Tel Aviv – Mumbai 2 weekly closed for booking until 24OCT20
Tel Aviv – San Francisco 3 weekly closed for booking until 11MAR21
Tel Aviv – Sofia 4-5 weekly closed for booking until 08DEC20
Tel Aviv – Tokyo Narita 3 weekly closed for booking from 29AUG20 to 08MAR21
Tel Aviv – Venice 5 weekly closed for booking until 02SEP20

Other destinations also see selected flights closed for reservation for the remainder of summer season, in particular for the month of July and August 2020.

Following service operated by Sun D’Or is also closed for reservation at time this post goes to press:
Tel Aviv – Adler/Sochi 2 weekly
Tel Aviv – Batumi 6 weekly
Tel Aviv – Cluj 2 weekly
Tel Aviv – Rhodes 6 weekly
Tel Aviv – Salzburg 2 weekly
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Offline tavster

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Re: EL AL
« Reply #1411 on: June 07, 2020, 06:23:54 AM »
LY just unveilled the lastest proposal from the Ministry of Finance.

 Finance Ministry latest bail out proposal:
$250m loan guarantees, and $150m public issuance with the State of Israel commits to buy the remainder of shares that the public won't want to buy.

In exchange LY and unions must agree on all the streamlining measures previously discussed
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Offline PlatinumGuy

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Re: EL AL
« Reply #1412 on: June 07, 2020, 07:54:33 AM »
The details are going to change but the mindset is crystal clear, Israel is going to keep Elal flying.

For what it's worth, in the latest proposal whatever stock the government buys goes to a trustee to be sold when reaches predetermined value
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״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר – יוסיף אהבה לתורה.״ - אורחות צדיקים

Offline tavster

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Re: EL AL
« Reply #1413 on: June 07, 2020, 07:56:17 AM »
Quote from: PlatinumGuy on June 07, 2020, 07:54:33 AM
The details are going to change but the mindset is crystal clear, Israel is going to keep Elal flying.
Agreed.
As much as I would have enjoyed watching them go bankrupt, I'm happy I won't see my matmid points go to waste  ::)
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Offline tavster

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Re: EL AL
« Reply #1414 on: June 08, 2020, 11:01:04 AM »
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Offline ExGingi

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Re: EL AL
« Reply #1415 on: June 08, 2020, 11:17:48 AM »
Current news stories circulating say that they are close to a deal where the government will provide a bailout, and in exchange will demand streamlining operations and take a (controlling) stake to be held in trust and sold once it can be sold for a profit.
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Offline tavster

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Re: EL AL
« Reply #1416 on: June 08, 2020, 11:21:10 AM »
Quote from: ExGingi on June 08, 2020, 11:17:48 AM
Current news stories circulating say that they are close to a deal where the government will provide a bailout, and in exchange will demand streamlining operations and take a (controlling) stake to be held in trust and sold once it can be sold for a profit.
Isn't that what was discussed above?
The controlling stake is just in case the public doesn't want to take part of the equity issuance (which is likely).
Question is which is the worst - LY current poor management or government control?
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Offline mgarfin

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Re: EL AL
« Reply #1417 on: June 08, 2020, 11:26:20 AM »
Quote from: ExGingi on June 08, 2020, 11:17:48 AM
Current news stories circulating say that they are close to a deal where the government will provide a bailout, and in exchange will demand streamlining operations and take a (controlling) stake to be held in trust and sold once it can be sold for a profit.

It seems to include laying off 2000 workers. With ELAL's union history, this is going to be fun
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Offline Dan

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Re: EL AL
« Reply #1418 on: June 08, 2020, 11:28:16 AM »
Wake me up when an agreement is reached.
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Offline tavster

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Re: EL AL
« Reply #1419 on: June 08, 2020, 11:32:19 AM »
Quote from: Dan on June 08, 2020, 11:28:16 AM
Wake me up when an agreement is reached.
Lol
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