El Al reports $1 billion in revenue, as foreign carriers avoid Israel
El Al raked in $1 billion in a three-month period, while foreign airlines refrain from stating when they’ll resume Israeli routes.
World Israel News 25.11.2024
Israeli airline El Al recorded its highest-ever revenue and a major increase in its profits, as dozens of foreign airlines cancel routes to Israel, with no estimate of when they’ll return.
El Al recently announced that its third-quarter revenues reached $1 billion, a 44 percent increase from the same period in 2023.
The carrier’s net profits soared to $185 million, marking an increase of a staggering 258 percent.
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