Israeli gov’t approves aid scheme for El Al, Israir
Israel’s government approved a bailout package for El Al Israel Airlines (LY, Tel Aviv Ben Gurion) and Israir (6H, Tel… Read More »
Intrepid Travel features low-carbon travel alternatives
Intrepid Travel is offering more than 40 “decarbonized” tours for environmentally minded travelers. The excursions offer alternative transportation such as… Read More »
Israel’s El Al plans $105mn share issue before mid-3Q21
El Al Israel Airlines (LY, Tel Aviv Ben Gurion) plans to raise at least USD105 million in an offering of… Read More »
Airlines look to fuel alternatives
Sustainable aviation fuel, which creates overall carbon reduction because its plant-based source material absorbs carbon as it grows, is the… Read More »
Israel to bail out El Al with $210mn ticket-purchase plan
Israel’s government has agreed to buy tickets in advance worth USD210 million from ailing flag carrier El Al Israel Airlines… Read More »
Israel’s El Al starts to fire a third of its workforce
As it continues talks to obtain a USD300 million loan from Bank Leumi, Israel Discount Bank, and other financial bodies,… Read More »
Miami Beach Convention Center Hotel alterations sought
Developers of the proposed Miami Beach Convention Center Hotel are asking the city to permit design changes including height and… Read More »
Banks insist on new El Al cash injection before giving loan
With the market conditions for passenger aviation only worsening, in particular with Israel’s prolonged lockdown, banks are now demanding that… Read More »