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JERUSALEM, July 10 (Reuters) – Flag provider El Al Israel Airways (ELAL.TA) reached a collective settlement with its pilots to revive their salaries to pre-COVID pandemic ranges and finish months of labour motion that led to cancelled flights.
Beneath the deal, which is legitimate by way of 2025, salaries will return to earlier ranges by the start of 2023, El Al and the Histadrut labour federation stated in a joint assertion.
Final month, a labour courtroom declined El Al’s demand to drive pilots again to work after close to each day cancellations, ordering either side to barter a deal. Pilots had been in search of El Al to abide by a 2017 wage deal.
“Israeli airline pilots, together with El Al pilots, considerably lowered their salaries so the airways might survive. Right this moment, with the aviation business recovering, it’s time to return to the earlier state of affairs,” stated Avi Edri, head of the Histadrut’s transportation employees’ union.
El Al in Might stated it had narrowed its first-quarter loss to $66 million from $86 million a yr earlier, after Israel’s borders had been reopened to international vacationers and passenger numbers returning to pre-COVID ranges.
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Reporting by Steven Scheer
Modifying by Ari Rabinovitch
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