El Al reported a net profit of $132 million for the second quarter, more than double the $66 million in the same period last year, according to aviation journalist Dean Fisher (N12). The results were released amid Operation Roaring Lion.
El Al's quarterly net profit more than doubled to $132 million from $66 million a year earlier, according to aviation journalist Dean Fisher (N12). The results were published during Operation Roaring Lion, the Israeli military campaign against Iran. The performance comes amid a broader recovery in Israeli aviation: as The Zioneer reported in late June, Ben Gurion Airport recorded a post-war passenger traffic record, and the government approved compensation for airlines affected by the conflict. The strong earnings reflect increased demand and operational resilience despite the wartime environment.
2 developments
- StrongSaudi Aramco Q2 profit jumps to $33.4 billion on higher oil prices
- StrongState to compensate airlines for damage during Operation Roaring Lion
- DevelopingIsrael approves up to 55 million shekels in compensation for airlines hit by Operation Roaring Lion
- DevelopingBen Gurion Airport expects record passenger traffic since Operation Roaring Lion
Source and signal
- Open-source intake