Live Update
From the Liveblog of
Sunday, May 10, 2020
Treasury said to offer $400 million loan to bail out El Al
The Finance Ministry has offered a $400 million loan to Israel’s national carrier El Al, to help keep the airline afloat amid the pandemic, Channel 12 reports.
The loan is contingent on efficiency measures, according to the report.
The airline has yet to respond to the offer.
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