El Al VP: There is imbalance between supply and demand

El Al Israel Airlines Ltd. (TASE:ELAL) VP marketing and digital and communications Nadav Hanin told Globes correspondent Ela Levi-Weinrib at the Israel Business Conference that even though the local aviation industry has begun to stabilize, global problems will negatively affect Israel. "There is an imbalance between supply and demand in the world. There is a shortage in the supply chain, both of aircraft and of engines. Companies like Virgin have been forced to ground part of their fleet because there ar ...