El Al reported a second-quarter loss of $15.1 million, according to press reports, a reversal from the $29.9 million earned in the year-ago quarter before increased foreign competition, fuel costs and war devastated the bottom line. Revenue increased 2% to $429.2 million. A full-year loss is expected (ATWOnline, July 20). The carrier took another hit this week when the Israeli government signed a deal with Alitalia to be the preferred carrier for officials flying internationally. "This is ...

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