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

|About: The Boeing Company (BA)|By:, SA News Editor

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.