Air Transport World

AFRICA/MIDDLE EAST REPORT

El Al lost $4.2 million in 1997, significantly unproved over $83.1 million lost in 1996. Revenue rose 20% to $1.2 billion.

The Israeli government has decided to maintain a 51% stake in the airline while selling 49%. No date was given for the partial selloff.

South African Airways named former WorldCorp. CEO Coleman Andrews CEO, replacing Michael Myburgh, who will remain with the airline through July 31.

Air Djibouti is to relaunch services, using a PWJT9D-powered A310. …

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