Israeli prime minister Ariel Sharon has set up a committee to prepare for the privatisation of the national airline El Al. The El Al workers union is against the privatisation, but has promised to co-operate with the government if it returns $130 million taken from the workers compensation fund.
The Israeli treasury has not responded yet to the demand. "Without the co-operation of the workers, the privatisation effort will fail," an airline source says.
Source: Flight International