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El Al's profits jump nearly fivefold in 2024, amid Israel-Hamas War-driven demand

image sourced from original article at https://www.jpost.com/israel-news/article-845727

El Al, Israel's flag carrier, saw a nearly fivefold increase in profits in 2024 amid the Israel-Hamas War, with a 37% growth in revenue and a significant rise in EBITDAR. Demand for El Al tickets surged due to foreign airlines canceling flights to Israel, leaving El Al with near-monopoly status.

Original article source: https://www.jpost.com/israel-news/article-845727
Source Id: 8719188968

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