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El Al Israel Airlines revenue down 11%, losses widen in 4Q2009

29-Mar-2010 3:23 PM

El Al Israel Airlines revenue down 11% - financial highlights:

  • Three months ended 31-Dec-2009:
    • Revenue: USD413.7 million, -11% year-on-year;
    • Operating cost: USD362.6 million, -10%;
    • Operating profit (loss): (USD31.8 million), compared to a profit of USD10.4 million in the previous corresponding period;
    • Net profit (loss): (USD29.0 million), compared to a net loss of USD10.1 million in the previous corresponding period;
    • Load factor: 81.2%, -0.8 ppt;
  • 12 months ended 31-Dec-2009:
    • Revenue: USD1,656 million, -21%;
    • Operating cost: USD1,444 million, -19%;
    • Fuel: n/a, -38.3%;
    • Operating profit (loss): (USD75.0 million), compared to a loss of USD5.7 million in the previous corresponding period;
    • Net profit (loss): (USD76.3 million), compared to a net loss of USD41.9 million in the previous corresponding period;
    • Load factor: 81%, -1.3 ppt. [more]