18-Aug-2011 1:06 PM

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

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%.

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