Conflict between Israelis and Palestinians contributed to a sharp deterioration in El Al’s 2014 results, as the military action brought about a slump in tourist traffic to Israel. The Israeli national airline recorded a net loss of $28 million in 2014, compared to a profit of $26.7 million the previous year. The result was achieved on revenue down 1% year-over-year (YOY) at $2.08 billion. Operating expenses rose 2.2% YOY to $1.79 billion. Load factor was 82.5%, compared to 82.9% in ...

Subscribe to Access this Entire Article

"Unrest pushes El Al into the red; posts $28 million net loss in 2014" 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?

Already registered? here.