Airline

Reduced competition continues to boost EL AL results with first quarter profits climbing 19%

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Reduced competition continues to boost EL AL results with first quarter profits climbing 19%

EL AL Israel Airlines reported a net profit of $96 million for the first quarter of the year, marking a 19% increase on the same period last year. As conflicts and tensions continue in the region, the airline noted that some foreign airlines have resumed operations, though at partial capacity, whil...

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