Israeli flag-carrier El Al has dropped plans to enter a sale-and-leaseback transaction for three Boeing 737-800s with an undisclosed foreign company.

JERUSALEM (Reuters) - El Al Israel Airlines said on Thursday it had signed a deal with Boeing for the purchase of up to 31 737 MAX aircraft worth as much as $2.5 billion.

Israeli flag-carrier El Al has reached a sale-and-leaseback agreement with an unidentified foreign company covering three Boeing 737-800s. The airline, which has been seeking to shore up its ...

El Al and Boeing confirm a deal for Israel’s national carrier to purchase up to 31 737 MAX aircraft to replace its aging short-haul fleet. According to the deal, El Al would purchase 20 units of ...

El Al also has the option to purchase an additional 11 aircraft. The Israeli flag carrier plans to replace its aging fleet of Boeing 737-800 and 737-900 models with the new aircraft, the report added.

Astronics was selected to provide the most modern and highest power passenger electronic device (PED) charging technology available for EL Al’s Boeing 737-800 fleet.

The aircraft will gradually replace El Al's existing fleet of Boeing 737-800 and 737-900 aircraft.

El Al, Israel's flag carrier with an all-Boeing fleet, said the agreement includes the purchase of 20 737 MAX airliners for $1.5 billion and options for 11 more.

El Al also has the option to purchase an additional 11 aircraft. The Israeli flag carrier plans to replace its aging fleet of Boeing 737-800 and 737-900 models with the new aircraft, the report added.

El Al Israel Airlines said on Thursday it had signed a deal with Boeing for the purchase of up to 31 737 MAX aircraft worth as much as $2.5 billion. El Al, Israel's flag carrier with an all-Boeing ...