Finance Ministry proposes El Al bailout offer, many strings attached
El Al also extended the unpaid leave of thousands of employees until June 30. About 6,000 employees of El Al and its subsidiaries are currently on unpaid leave.
Israeli Prime Minister Benjamin Netanyahu (R) speaks with Israeli Finance Minister Moshe Kahlon (L) during a cabinet meeting at the Prime Minister's office in Jerusalem January 11, 2018.(photo credit: RONEN ZVULUN/REUTERS)ByEYTAN HALON
