Israeli carrier El Al has swung to a net profit in its Q2 2019 financial results. The airline posted a net profit of $100,000, a significant increase to the result posted in the same period last year when the carrier saw a loss of $18 million. Its revenue rose 7% to $584 million. Meanwhile, it said its fuel costs decreased 6.2% in the quarter due to the efficiency of its new Boeing 787 jets and a drop in the price of jet fuel. However, the airline saw its market share at Ben-Gurion International Airport slip to 25.9% from 26.7%. El

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In