Israeli airlines begin strike to protest expected cabinet approval of Open Skies agreement
Hundreds of staffers employed by El Al, Arkia and Israir picket in Jerusalem as cabinet meets to discuss proposal that would increase competition and lower airfares; El Al stocks drop 6%.
Hundreds of employees from Israel's three airlines picketed outside the government compound in Jerusalem on Sunday during the weekly cabinet meeting, to protest ministers' plans to approve an Open Skies agreement that would gradually grant competition to foreign airlines by increasing the number of flights and destinations over five years. One protester attempted to break into the compound, but was...
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