El Al Agrees to Be Nationalized Under Rescue Plan

Directors opt for option that may leave the government with 61 percent stake in bid to rescue company after more than 80 percent put on furlough

Yoram Gabison
Yoram Gabison
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El Al planes are parked at Ben Gurion Airport near Tel Aviv on March 10, 2020.
El Al planes are parked at Ben Gurion Airport near Tel Aviv on March 10, 2020.Credit: AP Photo/Ariel Schalit

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