Operations resumed in January 1983 under receivership. The government purchased two new Boeing 737 aircraft and announced plans to acquire four Boeing 767 jets at the cost of $200 million. Within four years, El Al was profitable again. It broke another record since then surpassed, in May 1988 with a non-stop flight from Los Angeles to Tel Aviv, a journey of in 13 hours and 41 minutes.
Operations resumed in January 1983 under receivership. The government purchased two new Boeing 737 aircraft and announced plans to acquire four Boeing 767 jets at the cost of $200 million. Within four years, El Al was profitable again. It broke another record since then surpassed, in May 1988 with a non-stop flight from Los Angeles to Tel Aviv a journey of in 13 hours and 41 minutes.