Record revenue helped El Al return to profit in 2007 as the Israeli carrier posted $31.7 million in net earnings compared to a $33.9 million loss in 2006, when hostilities with Lebanon exacted a heavy toll on the bottom line. Turnover of approximately $1.93 billion was the highest in El Al's 60-year history, it said, and represented a 16% increase from the prior year. Operating result swung to a $71.4 million profit from an $8.5 million deficit. "The ability of El Al to show profits is the ...

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