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El Al Buying Airplanes, Selling Engines

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    Israeli carrier El Al has obtained financing of $125 million for its first Boeing 787-8, which is scheduled for delivery during November. El Al currently operates 10 787-9s, and plans to purchase a total of six -8s

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    Posted by Jeffrey Richmond
    Mr. Richmond recently retired from the Aerospace industry as a technical writer and continues to write and research on a variety of topics including aviation and aerospace business. He spent a tour of duty as a pilot and instructor in the US Air Force, flew for a regional airline, and taught at two aviation universities. Jeff and his wife Peggy live in the country between Chattanooga and Nashville, Tennessee.