El Al issued a profit warning yesterday indicating that hostilities in the Middle East, increased competition and rising fuel costs will lead to a full-year loss, according to press reports. The carrier earned a record $64.1 million in 2005 (ATWOnline, April 3). "The company does not have a clear forecast as to the amount, especially because of the uncertainty regarding the security situation and its consequences," it said in a statement cited by Reuters. Trading in El Al stock and that of ...

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