Israel's ElAl Airlines moving HQ to Miami

Israeli National Airline Moving U.S. HQ from NYC to Miami

Israel’s national airline, El Al Airlines, is moving its U.S. head office from New York City to Miami, a relocation constant with other companies moving from New York to Florida. The relocation, which El Al revealed in its very first quarter financial disclosure, is anticipated to save the business half a million dollars.

Miami, a leading location in Florida for worldwide and domestic tourists, is currently a leading location for ELAL consumers. El Al stated it likewise prepares to broaden its operations in the U.S. Moving its head office to Miami is anticipated to have very little effect on flights, and will save the business cash in taxes and leases, the business stated. It’s likewise relocating to a structure owned by a managing investor of El Al, Kenny Rozenberg, Israel’s business daily, Globes reported.

“Israel’s decision to move El Al airlines from New York City to South Florida is the latest example of Florida’s leadership in business expansion and international travel,” Gov. Ron DeSantis said in a statement. “We are proud to be the hub for international tourism.”

Read about it...