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18-Aug-2016 10:00 AM

El Al operating profit close to double in 2Q2016

El Al revenue up 5% - financial highlights:

  • Three months ended 30-Jun-2016:
    • Operating revenue: USD537 million, +5% year-on-year;
    • Operating costs: USD414 million, +1%;
    • Operating profit: USD51 million, +87%;
    • Net profit: USD35 million, +102%;
    • Load factor: 82.3%, +1.2 ppt;
  • Six months ended 30-Jun-2016:
    • Operating revenue: USD934 million, +0.4%;
    • Operating costs: USD776 million, stable;
    • Net profit: USD14 million, compared to a net profit of USD1 million in p-c-p. [more - original PR]

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