Israel (Izzy) Borovich and Haim Romano
Air Transport
14.03.11
Israel (Izzy) Borovich resigned from El Al board
Borovich resigned after an ISA report on millions in unlawful bonuses paid to former CEO Haim Romano. Romano received US$4.7 more in bonuses than he should have
Israeli air cargo movements in February down 5.17%
Air Transport
14.03.11
Israeli air cargo movements in February down 5.17%
The Israel Airports Authority handled 24,499 tones of air cargo in February. El Al carried 4,363 tons onboard its freighters, an increase of 8.95%, year-on-year
El Al raises fares due to higher fuel costs
Air Transport
07.03.11
El Al raises fares due to higher fuel costs
Fares will rise by US$22- US$45, depending on the destination beginning on April 1. Brent crude has reached US$114.50 per barrel and is up more than 10% this month
Continental to offer nonstop SFO-Tel Aviv Route
Air Transport
28.02.11
Continental to offer nonstop SFO-Tel Aviv Route
Continental Airlines is in the final stages of a feasibility study of a Tel Aviv-San Francisco route. If the plan goes through, Continental would be the first airline to fly directly from Tel Aviv to San Francisco
El Al buys secondhand Boeing 747 for US$23m
Air Transport
28.02.11
El Al buys secondhand Boeing 747 for US$23m
The Boeing 747-400 that was built in 1996 will be dekivered next week. El Al operates at present a fleet of five 747-400 jumbo jets
AIR FRANCE KLM to add 3rd Daily Tel Aviv flight this summer
Air Transport
21.02.11
AIR FRANCE KLM to add 3rd Daily Tel Aviv flight this summer
All three daily service will operate with Airbus A320 aircraft with 160 passengers. The 3rd daily flight will operate from 20 June 2011 to 28 August 2011 only
Egyptian Air Sinai resumed flights to Israel
Air Transport
21.02.11
Egyptian Air Sinai resumed flights to Israel
Egypt's Air Sinai renewed air travel to and from Israel after a two week stoppage due to the demonstrations in Cairo and a reduction in number of passengers
El Al to buy four Boeing 737-900ERs
Air Transport
14.02.11
El Al to buy four Boeing 737-900ERs
The value of the deal is between USD$215 million-USD$320 million. The new planes will have a range to commercial destinations within five hours flying time from Ben Gurion Airport
More news from Air Transport Section
>UPS boosts Israel air freight services/14.02.11 >Delta Air Lines announced new Economy Comfort/14.02.11 >Air Sinai halts service to Israel/07.02.11 >Israel and ESA sign cooperation agreement/07.02.11 >Lufthansa and Israel Aerospace Industries: a test of semi -robotic aircraft towing system/01.02.11 >Heavy snow in New York cancelled El Al flights/17.01.11 >El Al sign deal to fly new immigrants to Israel/17.01.11 >Israeli air cargo movements in 2010 up 10.41%/17.01.11 >Israeli airport passenger traffic: all-time record/21.12.10 >Sharp increase in direct travel from Moscow to Israel/13.12.10