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The Bat Yam Labor Court will hold a crucial hearing on Thursday for the airline. The tribunal will have to decide whether El Al can withdraw NIS 115 million from its employees' pension fund, as the company's fund - whose operations are almost completely disabled - is depleted. The amount is needed by God on interim financing until government assistance is granted - a $ 400 million state guarantee loan that has not yet been approved. The Histadrut - contrary to its position in the past and contrary to the position of workers who oppose the appeal - supports El Al's request. A Histadrut...

Consumer confidence in the Israeli economy continues to recover slowly: in the first half of November the index stood at minus 22%, while in the second half of October the index stood at minus 26% and in the first half of October, during the second closure, consumer confidence stood at minus 32%. This emerges from a public trust survey published by the Central Bureau of Statistics. However, the negative value of the index indicates that consumers in Israel are still cautious when it comes to economic stability. The consumer confidence index is in the range of minus 100 and plus 100. The...

The decision to facilitate the return of vaccinated people from abroad and the abolition of the obligation to go into isolation for a week has jumped the number of bookings of Israeli and international airlines. Companies report an increase of tens and even hundreds of percent in ticket purchases. And in airlines. Earlier this week, Corona projector Prof. Salman Zarka announced a change in the foreign policy of isolation and granting an exemption from isolation for the vaccinated in the third dose back from orange countries that make up most of the countries of the world. For a negative...

In an urgent response to the impending cessation of insurance coverage by international companies, the Israeli government is set to extend a financial lifeline to El Al and Israel Airlines. The move aims to secure vital insurance against the risks of war, following the recent announcements of international insurers discontinuing their services within seven days

65 young Chabad followers who returned to Israel last week on El Al flight from New York were diagnosed on Sunday as corona virus carriers. The flight had 49 additional passengers and eight of them are still awaiting the results of their tests. In which about 8,000 corona cases have been diagnosed so far. As they were getting off the plane, passengers were waiting for isolated buses to transport them to the Dan Hotel in Jerusalem, the complex opened by the Ministry of Defense for light corona patients. For a whole day, the young people stayed there without the Ministry of Health conducting...

In a rare and contentious press conference on Monday, Israeli Prime Minister Benjamin Netanyahu launched a vehement attack on the country’s legal system, using the occasion to frame himself as a victim of political persecution. His remarks, made just hours before his highly anticipated testimony in his ongoing corruption trial, sought to rally his supporters by portraying the legal process as a “hunting expedition” against him

First signs of the impact of the Corona crisis on the housing market: According to the Central Bureau of Statistics, between January and March, 8,090 new apartments were sold, down 11.4% from October to December, where 9,130 ​​apartments were sold. This is the first official figure that reflects the state of the field's sales, following the companies' reports that since the beginning of the restrictions on the sale of apartments, they were almost completely stopped