El Al reported a second quarter net profit of $14.8 million, reversing a $19.7 million loss in the year-ago period.
El Al reported a second quarter net profit of $14.8 million, reversing a $19.7 million loss in the year-ago period. President and CEO Elyezer Shkedy said “creating a significant increase in revenues” and adopting a “very focused commercial policy” led to the improvement. He said the company “ended the quarter with a very positive cash flow from regular activities, to the tune of $82.9 million. This represents a solid base on which to advance and further ...
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