El Al, Israel’s national airline, may be sold to private investors, Israel Radio reported Monday. According to the report, the sale is under consideration by the Ministers of Finance, Transport and Economic Affairs, who are discussing it with Los Angeles businessman William Beltsberg. The government-owned air carrier has an accumulated debt estimated at $340 million.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.