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Haaretz: El Al to get 8 A330s!

According to Israeli news paper Haaretz El Al is going to get 8 new A330s.

TheMarker (Haaretz Financial section) has learned that a delegation of high-level Airbus executives is about to sign a contract and financing arrangements with the heads of the Israeli airline (El Al).

A series of meetings, held under a veil of secrecy, ended Tuesday night at the Ramat Hahayal offices of the Borovich-Mozes group, which bought the controlling interest in El Al from the state.

According to the plan drafted last week in the secret meetings, El Al will buy eight A-330 Airbus aircraft, which will replace Boeing 767 passenger jets. The deal, including spare parts, is estimated at $500 million

full article at
http://www.haaretz.com/hasen/pages/articleDetails.jhtml?sw=el+al&itemNo=706217

A rather surprising move. Most people, myself included, had figured this is a definate 787 customer due to the political ties. Of course El Al is no longer state owned.

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By: gary o - 19th April 2006 at 21:44

That’s a strange one alright,may be EL AL can’t wait for the 787,i’d also think they’d be A330-200’s,the extra range would help for transatlantic services.

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