In renewed airstrikes on Gaza, Israeli warplanes struck a six-story residential building that it said belonged to Hamas, the Islamist group that controls the Palestinian enclave. Netanyahu said Israel has struck close to a thousand militant targets in Gaza in total.
The four days of cross-border violence showed no sign of abating and Israeli Prime Minister Benjamin Netanyahu said the campaign "will take more time".
Israel's flag carrier said in a regulatory filing in Tel Aviv that the offering would be held by the end of July, though it added that not all conditions in the bailout arrangement had been met, including a final government approval.
Under the aid plan, the government will buy $210 million-worth of flight tickets in advance at El Al and its low fare subsidiary Sun Dor.