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  • El Al accepts $400m bailout, with airline likely to be nationalized
06 Jul

El Al accepts $400m bailout, with airline likely to be nationalized

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Carrier battered by pandemic to receive $250 million government-backed loan and $150 million share offering, with state buying unsold shares

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Category: 
Israel Inside
El Al Israel Airlines
bailout
aviation
Israeli economy
coronavirus
COVID-19
pandemic
labor dispute
layoffs
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