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The 'cheap' airline stock that beat world peers with a four-fold rally

Monday, December 28, 2015 - 05:50
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Tourist arrivals into Israel may continue to decline as El Al grapples with a slump in tourism fuelled by political violence, including a wave of Palestinian knife attacks in recent months.

Tel Aviv

AT first sight, investors have good reasons to shun El Al Israel Airlines shares.

The national carrier is grappling with a slump in tourism fuelled by political violence, as well as intensified competition after Prime Minister Benjamin Netanyahu's government opened the