El Al Israel Airlines reported $81 million in full-year net profit for 2016, down 24.3% from $107 million net income in 2015. “[El Al’s] 2016 results were affected by the pilots’ crisis that reached its peak in the fourth quarter of the year,” El Al CEO David Maimon said. “The main impact was on operating expense items.” El Al’s labor dispute with its pilots became acute in October 2015, and continued intermittently through 2016, the airline said. ...

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