El Al confirms approach to Israeli government for compensation over Operation Protective Edge

El Al confirmed (18-Aug-2014) it has approached Israel's government for compensation for revenue lost as a result of Operation Protective Edge. El Al CEO David Maimon said: "As a result of the negative effect of the Operation Protective Edge on the local aviation industry, the Company, together with other Israeli airlines approached the relevant government ministeries requesting to receive compensation from the State. It should be mentioned that the Company continued its flights during the Operation despite the decline in demand, and even agreed to the State's request to assist in flying passengers of foreign airlines who ceased their operations to Ben Gurion Airport." Mr Maimon added: "During Operation Protective Edge hundreds of company employees were recruited for reserve duty." [more - original PR]