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Cabinet approves aid package for Israel s airlines El Al, Israir and Arkia will all receive a 20-year advance on air tickets for their security staff. Fourteen months after the operations of airlines ground to a halt at the start of the Covid-19 pandemic, Israel s cabinet have approved an assistance package for El Al Israel Airlines Ltd. (TASE: ELAL), following the coronavirus crisis and the exceptional damage to Israel s aviation industry. As part of the agreement, the state will buy airline tickets for airline security staff for the next 20 years at a significant discount and will pay $210 million. Government foot dragging on reaching this agreement has meant that El Al has still been unable to refund many of the passengers who bought tickets for cancelled flights over the past year and two months.

Tel avivRami levyEli rozenbergShalom haimEl alArkia airlines ltdIsrair airlinesEl al israel airlines ltdTel aviv stock exchangeTourism ltdதொலைபேசி அவிவ்ராமி வசூல் செய்தல்எலி ரோஜேண்பேற்க்ஷாலோம் ஹைம்எல் அல்எல் அல் இஸ்ரேல் விமான நிறுவனங்கள் லிமிடெட்