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22 MAY 2017

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Article from BTNews 22 MAY 2017

Dreamliner boost for El Al

A major fleet re-equipment project is under way at El Al, which said last week it is due to receive its first Dreamliner in August and 15 more by the end of 2020 in a $1bn deal CEO David Maimon has described as “the largest procurement in El Al’s history”.

The company also reported it had signed a 15-year $125m agreement with an unnamed overseas company for support and logistics services for the fleet with an inventory of parts in Israel as well as repair and renovation services for the parts.

The Dreamliners, the second of which is scheduled to arrive in October, will gradually replace El Al's old Boeing B747s and B767s, and will be used for medium-length and long-haul flights.

The new fleet is part of a move by the airline to combat increasing competition on its home ground as overseas carriers have introduced new routes between Israel’s Ben Gurion International Airport and destinations worldwide.

Meanwhile, El Al is reinstating nonstop service between Tel Aviv and Miami, a route it dropped in 2008, in November. The airline will operate three flights a week using the B777-200. El Al already flies to New York JFK and Newark International plus Los Angeles, Boston and Toronto.

www.elal.com

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