Gonen Ussishkin, El Al's CEO, sent a letter to El Al's employees on Wednesday. Expect financial help from the state
Gonen Ussishkin, El Al's CEO today addressed a letter to El Al employees in light of the company's state of the Corona era:
EL AL people,
We are all experiencing difficult days and it seems the peak is still ahead. Unfortunately, no one in the line, neither about the timing of the end of the crisis and the overcoming of humanity to the virus nor about the state's assistance to God, is aid that is critical and there is no breakthrough and every passing day further aggravates our situation. One thing that is clear is this is one of the biggest crises of the last century in social economic and certainly in public health.
We are approaching the point where the state must decide whether it wants a national airline, or it believes that aviation security is not an important and significant component of national security. I am particularly proud that El Al is leading the national effort to find a solution to bring Israelis back to Israel. It is a time of trial and I want to thank the people of Israel on behalf of the people of Israel. About dedication and responsibility – our ashes are our people. Flying at short notice to destinations to which we have never flown and in a short time, is proof of how critical it would be for Israel to be a national airline without it Israel could become an island under siege.
The aviation industry is one of the first bodies affected by the crisis in all countries. Revenues were almost completely stopped as a result of government directives, even as the State of Israel advanced the world in a strict approach and closed borders. I say this without criticizing the decision but only by stating that he had been sucked into this crisis well before other companies.
For our people staying in the US, I know that being home with a sense of uncertainty is difficult. I think of you every minute and every moment and all my efforts and efforts for almost 20 hours a day, aim for only one thing: ensuring a stable and secure future for God in the post-Corona era and ensuring the livelihood of thousands of households.
We have a plan that we have submitted to the treasury whereby we can meet the challenge and move El Al to a stable and secure future. The plan promises a much more efficient, more accurate El Al with operational adjustments so that you can deal with the competition and the economic damages that the Corona crisis is causing. The plan we submitted will allow the state to make a decision on immediate assistance to God.
There is no way out of this crisis without hard steps and painful decisions, but I am determined to do so for you. It is a time for leadership and responsibility of heads of state, workers' leaders, and El Al's management.
The government now faces two alternatives: the loss of the national airline, and the loss of NIS 2.5 billion in GNP contribution, professional experience and commercial ties, the loss of flight rights that took years to accumulate, and most of all the heavy costs measured in billions of dollars just to recover the aircraft fleet and eventually reach A risky process for a capability similar to the one available today. The second alternative: a state loan of $ 200 to $ 300 million, which will allow God to recover and quickly return to regular operations.
I believe that at the end of the day, the way to return to strengthened and victorious activity will be found.
Shortened address for this article: https://www.ias.co.il?p=105439