El Al to hike fares again due to higher fuel prices
26.10.09
El Al to hike fares again due to higher fuel prices
Fuel surcharges would rise US$10 per leg for short-haul flights, US$17 for medium-haul, US$23 for long-haul routes
Idan Ofer, Israel Corp. Chairman
26.10.09
Zim: we are close to securing financial restructuring
Zim will receive more than $500m in new financing from the company's banks. Israel Corp. will provide a $100m safety net to ensure sufficient liquidity for ZIM
El Al announced Peak Season Surcharge
19.10.09
El Al announced Peak Season Surcharge
The cargo management decided to apply the new surcharge due to heavy demand for cargo shipped from the Far East
Rafi Danieli, ZIM CEO
19.10.09
Zim's holding company reaches agreement with bondholders
Debts of 350 million dollars will be paid up to 2020 in exchange for higher interest rate. Zim will be given new bank finance of over $500 million for a period of 12 years
Airports Authority: September 2009 cargo figures show a drop of 15.8%
19.10.09
Airports Authority: September 2009 cargo figures show a drop of 15.8%
Since the beginning of the year (January– September) the airport handled 196,175 tons a drop of 23.9% compared to the parallel period
Finance Minister Dr. Yuval Steinitz
19.10.09
Finance Minister Dr. Yuval Steinitz boosts aid to exporters
The finance ministry would triple its financial aid to small businesses to NIS 90 million (about US$24 million) over the next four years
Israel Polished Diamond Exports declined to US$2.6 billion
19.10.09
Israel Polished Diamond Exports declined to US$2.6 billion
Exports to the US were down 60% to US$970.6 million, while to Hong Kong, exports fell 43% to US$757.2 million
CBS: Inflation rate fell to 2.8% in September, within Government target
19.10.09
CBS: Inflation rate fell to 2.8% in September, within Government target
Israel's inflation rate fell within the government's target range in September for the first time since May 2009