El Al flights to Cairo were inaugurated in April 1980, following the Israel–Egypt Peace Treaty. In late 1982, after a long period of labor disputes and strikes, El Al operations were suspended. The government appointed Amram Blum to run the company, which lost $123.3 million in the fiscal year ending April 1983. The airline also sold its stake in Arkia at this time.
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Mirza Mohammad Taqi Khan Farahani, better known by his honorific title Amir Kabir, stands among …