Israel - El Al Israel Airlines Ltd. is negotiating to buy two Boeing 787 Dreamliners, considered the most advanced passenger plane in the world. Sources say that the timing of El Al’s announcement is part of the competition between the airlines to fly the first Dreamliner.
El Al had an option to buy 14 787s, but unexpectedly cancelled the order in late 2006, apparently with the idea of leasing the planes instead of buying them.
Each Dreamliner costs $150 million, and can fly non-stop from Tel Aviv to Los Angeles or Sydney. [globes]