El Al Israel Airlines posted a first-half net loss of $23.4 million, narrowed from a net loss of $28.8 million for the same period a year ago. The Israeli national carrier warned that the current hostilities in Gaza were likely to prove substantially detrimental to the airline’s next set of results. First-half revenues rose by approximately 3%, to $986.9 million. Operating expenses in the first half were $864.7 million, up by around 3%, which the carrier attributed to an increase in ...

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