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.
Check Also
Razi school in the picture frame
Razi High School is one of the well-known and historically significant secondary schools in Tehran. …
