El Al Israel Airlines profit down 53% in 2Q2017

El Al reported (16-Aug-2017) the following financial highlights:

• Three months ended 30-Jun-2017:
  • Operating revenue: USD541 million, +1% year-on-year;
  • Operating costs: USD434 million, +5%;
  • EBITDA: USD70 million, -26%;
  • Net profit: USD16 million, -53%;
  • Load factor: 84.3%, +1.2ppts;
• Six months ended 30-Jun-2017:
  • Operating revenue: USD959 million, +3%;
  • Operating costs: USD810 million, +4%;
  • EBITDA: USD81 million, -24%;
  • Net profit (loss): (USD14 million), compared to a net profit of USD14 million in p-c-p. [more - original PR]