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25-Apr-2012 1:01 PM

El Al considering dividing into two companies, LCC and a premium carrier: report

El Al Israel Airlines is reportedly considering dividing into two companies, a LCC and a premium carrier, as part of a new strategic plan, according to Haaretz reports. The premium carrier would operate on long-haul services to destinations in the US and the Far East using the carrier’s widebody fleet, while the LCC would operate on European routes using smaller aircraft including Boeing 737 equipment. The two firms would share the same management.

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