Progress: Companies Authority will recommend to grant Eli Rosenberg a permit to purcahse El Al

Progress regarding investor Eli Rosenberg on the way to obtaining a permit to purchase El Al. The Companies Authority will recommend to the state the granting of a permit to Rosenberg, subject to the discretion of the ministers holding the state's gold share in El Al.
A letter sent by the director of the Companies Authority, Yaakov Quint, to Rosenberg's representative, CPA Aminach Rusk, states: , To agree that he will hold a rate in excess of 40% and that give him control over El Al. Subject to the state's decision, the issuance of the recommendations is said to be conditional on the PA's approval of Rosenberg's status as an Israeli citizen as well as the applicant's status as a controlling shareholder in El Al and obtaining an El Al board position. The chain will apply to the state for approval after Rosenberg presents a conditional agreement signed for the purchase of shares at the said rate. "
It should be noted that the final decision on approval is in the hands of the ministers responsible for holding the state share in El Al, Minister of Transportation Miri Regev and Minister of Finance Israel Katz.
Meanwhile, it appears that EL AL's outline may be in jeopardy again: On Tuesday, the Knesset had to go up in the Knesset to amend the law that allows for the postponement until October 1 of the return of EL AL passengers' money worth NIS 1 billion, in order to prevent El from insolvency because it is still Did not receive the assistance from the state and does not have the required amount in its coffers. The bill was advanced by Regev in just three days. Last Sunday, the proposal passed the approval of the Ministerial Committee for Legislation and the approval of the government.
On Tuesday, the proposal was supposed to reach a first reading in the Knesset and a discussion in the Economics Committee tomorrow, which will pave the way for a second and third reading during Bezeq legislation, but Knesset Speaker Yariv Levin did not raise the proposal to the plenum. August 14, the deadline is today to return the funds, and El Al will be required to pay an amount it does not have.

The struggle between the pilots and the management continues: In documents submitted to the Tel Aviv Regional Labor Court as part of a dispute between El Al pilots and the company's management and the Histadrut, it was revealed that the average salary of captains in the company is NIS 95,000 per month. 76 pilots, the company stated to the court, earned a monthly salary of NIS 120,000, in the range of NIS 110,000 to NIS 160,000 per month - in 2019. The company emphasized that the pilots' salary does not include reimbursement of expenses, such as ESHEL and hotels. That the actual wage cost is higher.
Documents submitted by EL AL show that last December, the company employed 6,300 employees, of whom 630 were pilots. "These are employees with the greatest organizational power and accordingly their terms of employment and salary are the most improved in the company and in the Israeli economy in general, where in many cases their salary is even higher than the CEO and VP's salary," the company wrote through its attorney Adv. Nahum Feinberg. Because even though this is 10 percent of all the company's employees, the cost of their wages is more than 41 percent of the total wage cost.
The company's management referred to wage agreements signed with the Pilots' Committee (ACA) in recent years and claimed that in the collective agreements signed with the management between 2016 and 2018, their wages were increased by 60 percent. In addition, in 2018, The signing raises another wage in exchange for their signing on streamlining.According to the company, also in this agreement their wages were increased by 46.6 percent in three beats.
El Al explained that due to the sharp decline in activity due to the corona crisis, most of the workers have been in the IDF since March 17. El Al currently has 6,100 employees in the IDF in addition to another 1,000 security workers in Israel and abroad. 200 temporary workers were laid off in March and April.
One of the company's oxygen pipelines until recently was the continued operation of cargo flights that were suspended in July. "These flights enabled hundreds of company employees to be employed in April, May and June and to operate flight hours," the management explained in documents, noting that in those days 43% of the pilots were employed.
"As of July 2020 with the election of the ECHA Committee headed by Captain Nir Reuven all pilots have stopped at once in a coordinated manner to cooperate with the attempts to man the flights," the company wrote. "This is a wild strike in the midst of an unprecedented existential crisis. A deliberate act designed to completely disconnect the only oxygen pipe left for the company. "
The management called the pilots' conduct "striving to paralyze the company" and accused them of causing a complete cessation of activity. "In view of this activity of the pilots, hundreds of workers from other sectors were forced to stop working and go to the IDF."
The controlling shareholder, Kanfaim, undertook in the first outline to inject its relative share in the issue - approximately NIS 38 million.
The pilots: Management produces spins to show that employees are to blame for the situation
The EL AL Pilots Committee stated in response that "EL AL management is trying to produce spins whose entire purpose is to keep the company under the current controlling shareholders and to turn the spotlight on the employees as if they are to blame for the company's condition.
"El Al pilots are among the best and most efficient pilots in the world. The company and the state also said this after the agreement signed in October 2018, which cannot be confused with numbers - according to the employment agreement, an El Al captain's salary is NIS 45,000 (NIS 22,000 net) and a first officer "NIS 30,000 (NIS 16,000 net). If the company requires the pilots to fly overtime, they are rewarded according to the employment agreement."
El Al pilots claim that their salaries are significantly lower than the salaries of parallel pilots in the world. "Presenting a pilot's salary in a trending manner, as if it were his monthly salary throughout the year without telling that he worked two jobs at the company's requirement, brings the employment relationship back to the days we do not intend to return. The pilots' agreement has already saved the company NIS 220 million. An additional NIS 150 million.
"The facts prove that the pilots were the first sector in El Al, which announced at the beginning of the crisis its willingness to go under the stretcher to save the company and Israeli aviation when they announced their willingness to reduce pilots' salaries by tens of percent. We are sorry the company .
"It is clear to all concerned that in order to rescue EL AL, forces must be combined: management, workers and the state. In practice, the workers agreed to pay cuts, the state for a loan but the controlling shareholder is not willing to pay a penny. This is the reality and cannot be changed. Control of the company, instead of convincing them of their ability to continue to drive the company, inject capital into the company and establish trust-based working relationships, does everything to muddy its dedicated employees, who joined the crisis for rescue flights on unconditional terms. "To go public or accept the offer of the investor, who is interested and able to take the company on his shoulders and his ability to establish a normal working relationship with the pilots and the other employees of the company."