New Management, Wage Deal at El Al Could Transform Company

Ishay Davidi will buy the airline - but only if the union agrees that there's a new sheriff in town. This is a model for a nation's emulation.

From Thursday's dramatic announcement by El Al that Ishay Davidi is negotiating to buy the formerly national airline, we may cautiously surmise that Davidi is trying to forge what could turn out to be a historic breakthrough for the Israeli economy.