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02 April 2020 The on-line newspaper devoted to the world of transports 15:47 GMT+2



April 24, 2003

Without privatization, El Al faces inevitable layoffs, official says

Israel Aircraft unable to absorb entire maintenance crew

Government Companies Authority director Eyal Gabbai said if national air carrier El Al is not issued on the stock exchange in May, there will be no alternative to "mass layoffs and organizational changes, similar to those implemented at any airline during rehabilitation." ......
Read more on Ha'aretz





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