EL AL Signs its Biggest Boeing Order Ever as Profits Soar
Photo Caption: An EL AL Boeing 787-8 Dreamliner. Vincenzo Pace/aerovincenzo.com
Skift Take
EL AL is doubling down with Boeing as it places the largest single order in the Israeli airline's history.
Israel’s national carrier confirmed a major new deal with Boeing on Thursday. EL AL Israel Airlines will buy up to 31 Boeing 737 Max planes as part of a wider fleet overhaul.
The agreement is notable for both parties. Boeing won a new customer for its troubled 737 Max program, while EL AL signed the single largest order in its 76-year history.
The contract will see 20 737 Max join the company’s Tel Aviv-based fleet, with options for up to 11 more. Even if the additional jets aren’t realized, the deal is worth around $2 billion at list prices. Deliveries are expected from 2027.
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