El Al’s new owners: Kenny Rozenberg and Daryl Hagler

Kenny Rozenberg and Daryl Hagler, the owners of El Al and is the money behind the deal, has immigrated to Israel.

Kenny Rozenberg and Daryl Hagler, became the new owners of El Al after a decision by the State of Israel to grant him control of the company in October.

El Al is seen as an asset of national importance, so Israeli law demands that a citizen serve as its owner.

Kenny Rozenberg and Daryl Hagler, reportedly provided NIS 359 million ($103 m.) for his company to purchase 42.9% of the airline stocks. The State of Israel bought 14% for NIS 115 m. ($33 m.) and is also willing to support 75% of an up-and-coming $250 m. loan the airline plans to secure from Israeli banks.

"We cannot provide information about immigrants that do not allow information about them to be provided," The Aliyah and Integration Ministry told Globes. "But if the report is true, then we welcome all immigration and certainly by a person of his status who has contributed to Israel in this difficult time."