El Al pilots, airline reach agreement

El Al Airlines Ltd. (TASE:ELAL) pilots have agreed to end their job action and arrive for work on time from now on, the company said.

The company said negotiations between the management of the airlines and its pilots concluded with a series of agreements reached between the two sides. The pilots´ union said the resolution would ensure that crews´ attention to punctuality to resume.

El Al Airlines is the flag carrier of Israel.Since its inaugural flight from Geneva to Tel Aviv in September 1948, the airline has grown to serve more than 50 destinations, operating scheduled domestic and international services and cargo flights within Israel and to Europe, Middle East, Americas, Africa and the Far East from its main base in Ben Gurion Airport.