Search JTA's historical archive dating back to 1923

El Al Reports Spending $60,000,000 in U.S. on Jets and Engines

May 13, 1966
See Original Daily Bulletin From This Date
Advertisement

Americans going to Israel for business or pleasure have made nearly 1,000,000 trips to Israel since the Jewish State was reestablished, the annual dinner of the American-Israel Chamber of Commerce and Industry here was told tonight. Nathan Strauss III, president of the Chamber, also told the dinner guests that United States-Israel trade has exceeded $2,000,000,000 since the Chamber was established 13 years ago.

Gen. Ephraim Ben-Arzi, chairman of the board of El Al Israel Airlines, told the dinner that the airline has purchased jets and jet engines from American suppliers totalling nearly $60,000,000 in value. Gen. Ben-Arzi was presented with the Chamber’s annual award by Maxwell M. Rabb, Chamber president, who said the airline had made outstanding contributions not only to United States-Israel economic ties as a carrier of passengers and cargo but also as a major buyer of American equipment and supplies.

Gen. Ben-Arzi said that El Al was the first among international carriers to secure delivery positions for two U.S. supersonic aircraft which will make it possible to fly from the United States to Israel in less than three hours.

Recommended from JTA

Advertisement