El Al CEO Urges Swift Decision on Airbus, Boeing Order

El Al, Israel’s premier airline, faces a crucial decision on procuring narrow-body jets from industry giants Airbus and Boeing. CEO Dina Ben Tal Ganancia emphasized the urgency, warning that delays could jeopardize delivery slots vital for fleet expansion.

Negotiations between El Al and both Airbus and Boeing intensify as the carrier eyes approximately 30 aircraft to modernize its fleet. Ben Tal Ganancia stressed the need for prompt action to secure advantageous delivery schedules.

While El Al traditionally operates Boeing aircraft, the allure of Airbus’s A321neo competes with Boeing’s 737 MAX in the carrier’s evaluation process. CFO Yancale Shahar disclosed that the potential order carries an estimated value of $2 billion.

Despite Boeing’s recent challenges, including management restructuring and safety concerns, Ben Tal Ganancia expressed confidence in the company’s ability to address issues. She indicated a preference for receiving ordered jets starting from 2026-27, though acknowledged Airbus’s limited availability until around 2029.

El Al’s impending decision not only shapes its future fleet but also holds significance in the competitive aerospace market. Stay tuned as El Al navigates this critical juncture in its aviation journey.

Sources: AirGuide Business airguide.info, bing.com, reuters.com