Loading
29-Mar-2010 3:23 PM

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

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]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More