El Al second-quarter loss widens on plunging revenues

El Al Israel Airlines reported a net loss of $19.7 million for the second quarter, widened from a deficit of $12.8 million in the year-ago period, as revenues plunged 28.4% to $399.4 million paced by a 54% decline in cargo revenues. "During the second quarter, the company continued to confront the...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.