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Thread: El Al sells 2 Boeing 767s

  1. #1
    Senior Member TallDutch's Avatar
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    El Al sells 2 Boeing 767s

    The airline will report a pretax capital gain of $9 million on the $13 million sale.

    El Al Israel Airlines Ltd. (TASE: ELAL) today sold two Boeing 767-200s, for $6.5 million each. Both planes were built in 1983. One plane was sold to a Philippine airline and the other to a Singapore investment company. El Al will deliver the planes in September.
    El Al said that it would report a pretax capital gain of $9 million on the sale.

    The airline said that the sale were part of its El Al 2010 strategic plan, which includes replacement and upgrade of its fleet.

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  2. #2
    Senior Member Mateo's Avatar
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    Re: El Al sells 2 Boeing 767s

    These would have to be 4X-EAA and -EAB, their two non-ER versions; line numbers 62 and 68 respectively. They're used for the heavier Europe routes, but now that they have a handful of 763s, those destinations can be downgraded to 752 or 738s, with the 763s coming on when they need the capacity.

  3. #3
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    Re: El Al sells 2 Boeing 767s

    Quote Originally Posted by Mateo
    These would have to be 4X-EAA and -EAB, their two non-ER versions; line numbers 62 and 68 respectively. They're used for the heavier Europe routes, but now that they have a handful of 763s, those destinations can be downgraded to 752 or 738s, with the 763s coming on when they need the capacity.
    How many 763s do they have? I could have sworn they had mostly 762s?

  4. #4
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    Re: El Al sells 2 Boeing 767s

    so, 25 years ago EL AL bought new 767s for 2mil each? huh?
    was this some kind of special buy?

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