Passenger Transportation Services
Israel's antitrust watchdog claims El Al violated its obligations in monopoly of hangar usage
Israel's Competition Authority may sanction El Al Israel Airlines, the country's flag carrier, for "breaching its obligations as a monopoly", for aircraft maintenance. This is after El Al Israel Airlines allegedly refused Arkia access to their hangars. El Al could face a fine of up to 110 million shekels (about $35.24 million). Two senior executives may be fined 449,900 shekels each. Anti-trust agency stated that El Al violated a "long-standing" agreement with Arkia, which allowed Arkia to lease El 'Al hangars for aircraft maintenance. This was a vital input for Arkia operations. According to the authority, El Al has consistently...