Israel dangles $50mn more aid before El Al
Israel’s Ministry of Finance has told El Al Israel Airlines (LY, Tel Aviv Ben Gurion) that it can provide a… Read More »
Israel to give El Al, Arkia, Israir more loans
Less than four weeks after Israel’s airlines appealed for more government funding, the Ministry of Finance said it had agreed in principle… Read More »
El Al seeks more aid amid mounting losses, auditor’s warning
El Al Israel Airlines (LY, Tel Aviv Ben Gurion) chief executive Avigal Soreq has reiterated in the company’s latest financial… Read More »
Houston’s idle Hotel Alessandra changes hands for $65M
Host Hotels & Resorts has paid $65 million to purchase downtown Houston’s Hotel Alessandra, which has been closed since January… Read More »
El Al asks gov’t permission to postpone $105mn offering
El Al Israel Airlines (LY, Tel Aviv Ben Gurion) has asked Israel’s Ministry of Finance for permission to postpone its… Read More »
Senators eye aid to hotels via federal travel allowance
A bipartisan US Senate bill aims to boost the hospitality industry’s recovery by placing a two-year freeze on per diems… Read More »
CDC revises COVID-19 travel alerts
The Centers for Disease Control and Prevention has revised its travel warnings, moving 61 countries from “Level 4” to “Level… Read More »
US raises do-not-travel alert for Japan
The State Department increased the level of the US do-not-travel advisory for Japan due to a surge of COVID-19 cases… Read More »