El Al fights for the low-cost market: buys Israir for $24 million

  Sun D’Or owned by El Al and Israir, held by IDB Tourism will merge according to an agreement signed on Sunday, after months of negotiations. Under the terms of the agreement, Sun D’Or will More...

El Al in talks to merge Sun D’Or with Israir Airlines

El Al Israel Airlines Ltd. (TASE: ELAL) reported that it has begun talks to merge the business of its subsidiary Sun D’Or International Airlines into Israir Airlines and Tourism Ltd., owned by IDB Development More...