El Al records USD60m net loss in 2019, operating profit at USD2.6m

El Al reported (14-May-2020) the following financial and operating highlights for the year ended 31-Dec-2019:

• Revenue: USD2178.0 million, +2% year-on-year;
• Operating expenses: USD1834.8 million, -1%;
• Gross profit: USD343.2 million, +16%;
• Operating profit: USD2.6 million, compared to a loss of USD37.3 million in 2018;
• Net profit (loss): (USD59.6 million), compared to a loss of USD52.2 million in 2018;
• Load factor: 82.9%, -0.8pp;
• RPK: 23,642 million, +3.5%;
• ASK: 28,520 million, +4.5%;
• RASK: USD 7.3 cents, -2.5%;
• CASK: USD 7.4 cents, -4.7%. [more - original PR - Hebrew]