El Al reported a $12.3 million third-quarter profit, down 60.3% from the $31 million earned in the year-ago period, on an 18% fall in revenue to $496.1 million caused largely by lower yields and the rising US dollar. CEO Haim Romano said the net result is "indicative of [El Al's] ability to weather the global financial crisis." Operating expenses declined 15% to $400.7 million as fuel prices fell, and operating profit slipped 53.4% to $23.8 million from $51.1 million in the 2008 third ...

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