European Customers

ELAL Israel Airlines Ltd.

ELAL Head office Ben-Gurion Airport 70100 Israel

ELAL is Israel’s largest airline and flag carrier. The airline operates domestic flights as well as international passenger and cargo flights between Tel Aviv and Africa, Asia, Europe and North America. With a fleet of 35 aircraft, ELAL now serves 48 destinations on four continents.

ELAL employs 5,417 staff members to operate it fleet of Boeing 737s, 747s, 757s, 767s and 777. In 2007 EL-AL invested 1 billion NIS in the purchase of two new Boeing 777-200s that included an updated EL AL decal. The aircraft are fitted with upgraded seats and touch-screen entertainment systems.

APG has a long standing relationship with EL-AL. For many years APG (previously ING and IEM Airfinance) was the Lessor to aircraft under lease to EL-AL. In addition APG delivered various aircraft to EL-AL for respective Lessors. APG also supported various Lessors with Letter of Intent and Lease or Sales Contract Negotiations. During 2008 APG will be delivering to EL-AL one B747-400 which EL-AL bought from the current owner/lessor.