Tag Archives: Israels

Israel’s El Al shows a second-quarter net profit of USD 147 million

Israel's El Al shows a second-quarter net profit of USD 147 million

El Al Israel Airlines (ELAL.TA) reported a nearly 150% jump in profit, taking advantage of its near-monopoly status with many foreign carriers having cancelled flights amid the war in Gaza and raising clients’ ire over high fares. Separately, El Al announced a deal with Boeing (BA.N), for the purchase of up to 31 737 MAX aircraft worth as much as $2.5 […]

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