Tag Archives: profit

Loganair shows a £6.9M profit for the financial year 1st April 2023 to 31st March 2024

Loganair shows a £6.9M profit for the financial year 1st April 2023 to 31st March 2024

Loganair, the UK’s largest regional airline, has posted a further year of profitability with a £6.9M profit for the financial year that commenced 1st April 2023 and ended March 31st 2024. This result, whilst continuing a positive financial trend, demonstrates the challenges experienced by the airline in 2023, especially in relation to operational performance, as […]

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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