| All News |
| If you want to see all news from the last 100 days in order by date,
click here. |
|
| Search News |
| Enter any query and search the aviation news database |
|
|
 |
|
 |
|
International
Aviation News |
|
 |
|
 |
|
|
|
|
| |
Israelīs El Al to make $20 million provision
|
El Al Israel Airlines said it would take a $20 million charge in its financial results in the wake of a U.S. Justice Department investigation into price fixing between several airlines.
El Al said the Justice Departmentīs antitrust division was conducting an investigation regarding the price collusion in the cargo operations of El Al and other airlines in the period between 2000 and early 2006.
The Israeli airline said its decision was taken with a view to reaching a possible settlement with the Justice Department.
The charge was taken merely as a precaution and was not due to having received any sort of announcement, the carrier said.
|
| |
| News material on the Site is copyright and belongs
to the Company or to its third party news provider, and all
rights are reserved. Any User who accesses such material may
do so only for its own personal use, and the use of such material
is at the sole risk of the User. Redistribution or other commercial
exploitation of such news material is expressly prohibited.
Where such news material is provided by a third party, each
User agrees to observe and be bound by the specific terms of
use applying to such news material. We do not represent or endorse
the accuracy or reliability of any of the info contained in
any news or external websites referred to in the news. |
|
|
|
|
|
|
|
