Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting channels to discuss issues affecting commercial aviation.
Israel´s government will grant El Al Airlines loan guarantees for 80% of a $400 million loan to help it survive the COVID-19 crisis on condition that the nation’s flag-carrier lays off a third of its 6,000-strong workforce as part of a restructuring.
