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  • State agrees on backing for NIS 250 million loan to save ailing carrier El Al
07 Jun

State agrees on backing for NIS 250 million loan to save ailing carrier El Al

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Breakthrough plan would also see airline, on verge of collapse, issue NIS 150 million in stocks, with state promising to buy unpurchased shares

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Startup Israel
El Al Israel Airlines
coronavirus
Finance Ministry
Histadrut labor federation
Airports Authority
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