Executive Summary El Al Pilots and Their Skyhigh Salaries

When corporate profits rise, workers and managers want a piece of the pie, and power struggles at Israel's 'national airline' are no different.

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Some years ago, I asked the CEO of El Al Airlines at the time, Haim Romano, what his biggest challenge was. “Oil at $200 a barrel,” he answered without hesitation. Oil prices had already reached $150 per...