Re: Any El Al News?

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Michael A. Burris wrote:

>AIRLINE:
>Hi, all!  Anybody have any news to share about El Al
>
Most El Al news nowadays has to deal with the business and finance side
of the operation.  Obviously, with the downturn in tourism after the
huge highs of 1999 and 2000, the company has suffered financially, but
things may be picking up again, especially in their bread-and-butter
NYC-TLV market (viz, CO restarting their second daily).  In the past 2
months, or so, I've seen a couple of articles in Ha'Aretz about El Al's
initial stock tender, and within the past couple of weeks, an article
about a possible takeover of El Al by Arkia.  My guess is that you'd
only find out about security-related items when they're spectacular,
like the diversions to Mirabel/Hamilton.  Otherwise, I doubt you'd hear
anything about the smaller, lower-level security things that doubtlessly
happen every day.  I know it's not as exciting as airplane and route
news, but you may want to check out a pair of Israeli business papers
(in English) TheMarker http://www.themarker.com/eng/ and Globes
http://globes.co.il/serveen/
Matthew :)

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