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As financial difficulties pile up and union tensions increase, El Al Israel Airlines has suspended all operations indefinitely. (Photo: AirlineGeeks | Fabian Behr)

Israeli Parliament Passes Bill to Save El Al from $400 Million Lawsuit

Customers have taken up a class action lawsuit against El Al Israel Airlines at the Central District Court over its actions to refund customers whose flights have been canceled due to pandemic-related restrictions, the airline announced in a statement to the Tel Aviv Stock Exchange on 12 July. Israel’s flag carrier airline owes its customers a total of approximately $400 million. It is alleged that the company has not compensated its customers for canceled flights within the time limit set by the…

IAG Signal ‘Meaningful Return’ to Service in July; Post Q1…

International Airlines Group (IAG), the parent company of British Airways, has announced a first-quarter (Q1) loss for 2020 of €535 million ($579 million). This compares with an operating profit of €135 million ($146 million) for the same period last year. Unsurprisingly the novel coronavirus (COVID-19) impacted the consortium’s operations for…

IAG Chief Executive Willie Walsh to Retire in June

International Airlines Group (IAG) announced Thursday that chief executive officer Willie Walsh will step down from his current role and the board of IAG on March 26 and will formally retire on June 30. The chairman of IAG Antonio Vázquez praised Walsh’s achievements at the multi-national airline holding company which…