El Al posted a net profit of $12.6 million in the second quarter, reversed from a loss of $10.4 million in the year-ago period, according to a financial release cited by press reports from Israel. A tax benefit of $5.8 million resulting from its accumulated losses boosted its final figure to $18.4 million, Globes reported. Revenue climbed 5.5% to $452.8 million while expenses fell 2.5%. Load factor increased 6.5 points to 86.5%, Reuters reported, quoting President Haim Romano as saying that ...

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