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El Al reports loss in 2Q2011, passenger traffic up 8%

18-Aug-2011 1:06 PM

El Al revenue up 6.0% – financial highlights for the 3 months ended Jun-2011:

  • Revenue: USD530.5 million, +6.0% year-on-year;
  • Operating costs: USD470.2 million, +17%;
  • Profit/loss before tax: (USD22.5 million), compared to a profit of USD19.7 million in p-c-p;
  • Net income/loss: (USD19.7 million), compared to a profit of USD14.8 million million in p-c-p.
  • Passenger traffic: +8%;
  • Capacity (ASKs): +9.7%;
  • Passenger load factor: 75.9%;
  • Cargo traffic (FTKs): +1.7%.