Editing El Al (section)

=== 1980s: From receivership to profitability ===
El Al flights to [[Cairo]] were inaugurated in April 1980, following the [[Egypt–Israel peace treaty]].<ref name="History of El Al" /> In late 1982, after a long period of labor disputes and strikes, El Al operations were suspended. The government appointed Amram Blum to run the company, which lost $123.3 million in the fiscal year ending April 1983.<ref>{{Cite web|url=https://www.jta.org/1982/12/06/archive/el-al-officially-put-into-liquidation|title = El al Officially Put into Liquidation|date = 6 December 1982}}</ref><ref name="answers" />{{clarify|reason=appointed before or after the loss?|date=May 2016}} The airline also sold its stake in Arkia at this time.{{citation needed|date=January 2024}}

Operations resumed in January 1983 under [[receivership]]. The government purchased two new [[Boeing 737]] aircraft and announced plans to acquire four [[Boeing 767]] jets at the cost of $200 million. Within four years, El Al was profitable again.<ref name="answers" /> It broke another record since then surpassed, in May 1988 with a non-stop flight from Los Angeles to Tel Aviv, a journey of {{convert|7000|nmi|km|-2}} in 13 hours and 41 minutes.<ref name="History of El Al" />{{clarify|reason=what was the record? longest flight? quickest flight?|date=May 2016}}

Flights to Poland and [[Socialist Federal Republic of Yugoslavia|Yugoslavia]] were started in 1989.<ref name="answers"/>