El Al Is Saved! (NEW THREAD) (News/Updates Frequently)
El Al Israel Airlines, based in Tel Aviv has just been bought, 42% of El Al, is now sold. It is owned by 23 year old Eli Rosenberg. Routes of the airlines aren’t supposed to change much
New news as of September 24
**Eli Rosenberg has now bought El Al for 100 million USD. While the Israeli government nails 100 million NIS for a 12% stake in the company, the issue with that is front Globes magazine, where they say “According to the law and El Al’s regulations, control of El Al must always be in the hands of a citizen and resident of Israel. According to the information obtained by El Al, Kanfei Nesharim is a company controlled by American businessman Kenny Rozenberg, who is not a citizen or resident of Israel. In order to circumvent the legislative restrictions, the shares of Kanfei Nesharim are registered in the name of his son Mr. Eli Rozenberg, a young man who is 26 years old who lacks independent means and lacks business experience and all this is to create the false appearance as if the controlling shareholder is so to speak an Israeli resident.” **
Link to the original topic: El Al To Start Cargo Flights To Dubai Once Weekly On The 747!