El Al executives were questioned on suspicion of price fixing and the use of insider information

El Al executives were questioned yesterday by the Israel Securities Authority on suspicion of price fixing and the use of insider information. Last night, El Al announced that ISA investigators searched its offices. The Securities Authority is suspected of having suspected that El Al had adjusted prices for airline services on certain lines with various companies, and suspected the use of in-house information among senior officers in the company. Although the investigators raided the company's offices yesterday morning, the company announced it only after the stock market closed, where El Al's share jumped more than seven and a half percent