El Al 767-300. By Rob Finlayson El Al Israel Airlines incurred a $49.4 million net loss for 2011, reversed from a $57.1 million net profit in 2010, and said it will take a series of measures to restore profitability. Full-year revenue grew 4% compared to 2010 to $2.04 billion. VP-finance Nissim Malki said that 2011 "was yet another challenging year for world civil aviation in general and especially so for El Al." CEO and president Elyezer Shkedy said he and the Tel ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.