El Al will sell a 49 percent ownership stake in a public offering in May. The Israeli government will retain majority control of the national airline for the time being, but the other 51 percent of the shares will be sold at some point in the future, said El Al’s president, Amos Shapira.
Keep Jewish Stories in Focus.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
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.
