Israel’s National Airline Moving Headquarters to Florida

Israel’s National Airline Moving Headquarters to Florida
An El Al Boeing 747 passenger jet lands at Ben Gurion Airport near Tel Aviv, Israel, on July 9, 2003. David Silverman/Getty Images
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PUNTA GORDA, Fla.—Another international business has chosen to make Florida their business hub and plans to move its headquarters from New York to Miami giving the state more tax revenue as well as boosting tourism travel to the state.

Israel’s national carrier El Al Airlines announced on June 12 that it plans to make the move to a more “business-friendly climate.”

It has been headquartered in New York for decades. The move will save the company approximately $500,000 per year.