El Al Israel Airlines Ltd. is engaged in the transport of passengers on scheduled and charter flights. It operates through the following business segments: Passenger Aircraft and Cargo Aircraft Operations. The Passenger Aircraft Operations segment deals with the transport of passengers and their luggage, cargo in the passenger aircraft and provides ancillary services, which include selling duty-free products. The Cargo Aircraft segment provides cargo carriage services in cargo aircraft. The company was founded on November 15, 1948 and is headquartered in Tel Aviv, Israel.