Skip to main content

El Al Doubles Second-Quarter Profit to $132 Million

El Al reported second-quarter revenue of $986 million, up 27% from a year earlier, while net profit doubled to $132 million. The airline said the final nine days of Operation Lion's Roar reduced quarterly profit by about $55 million, while jet-fuel costs rose sharply. Passenger capacity increased 9.2%, occupancy stayed near 90%, and the carrier's Ben Gurion Airport market share reached 50.2%. El Al also reported more than $2 billion in liquidity and said any renewed regional escalation could materially affect its outlook.

Sources

Tel Aviv Stock ExchangeOpens in a new tab.Secondary sources:1234
Courtroom-sketch editorial illustration of airliners at Ben Gurion Airport; contextual illustration, not the reported event.

Commentary

Loading comments…

Related articles

  1. American Airlines Return Date Splits Between March Reports and January Alert
  2. Eurocontrol Restores Operations, Residual Delays Continue for Israel Flights
  3. Air Haifa Plans Up to 10 Ben Gurion-Ramon Daily Flights
  4. Lufthansa and ITA Resume Ben Gurion Flights After Iran War Halt
  5. Ben Gurion Terminal 1 reopens for Eilat-region flights, international departures resume July 1

Something went wrong

We couldn't complete that action. Check your connection and try again.