Boeing (BA +1.4%) and Airbus (EADSY.PK +4.3%) are battling it out over El Al Israel Airlines. El...


Boeing (BA +1.4%) and Airbus (EADSY.PK +4.3%) are battling it out over El Al Israel Airlines. El Al is looking to order between 15 and 20 widebody jets over the next decade. BA is already providing the carrier with a $40M loan contingent on it committing to buy or lease new 787 Dreamliners by the end of the year, but Airbus has countered, offering to repay the loan if El Al switches allegiance and buys it's planes for the first time.

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Comments (2)
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    And how do they make money doing that...unless of course the Governments give it to them...you know...to keep the jobs thingy going..lol..great economics at work
    7 Jun 2012, 04:06 PM Reply Like
  • brachiosaurus
    , contributor
    Comments (226) | Send Message
     
    i suspect that the US government will make sure El Al stays in line.
    7 Jun 2012, 04:08 PM Reply Like
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