El Al To Repay $45 Million State Loan Early

Israel's flag carrier El Al wants to repay a $45 million load it took from the state before its deadline. The airline is witnessing impressive demand in travel and wishes to expand operations by increasing fleet size and hiring more employees. At the moment, El Al is bound by certain restrictions due to the terms and conditions of the loans, but repayment will give some control back to the airline to make key business decisions.

Read More Here: El Al To Repay $45 Million State Loan Early | SimpleFlying.com
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