El al al revenue and profit continued to climb

El al al revenue and profit continued to climb

Al Israel Airlines Ltd. .

In the first quarter of 2025, El Al 774 million reported revenue from the corresponding quarter of 2024, and $ 96 million net profits, from the corresponding quarter. Ebitdar is $ 213 million of 9%.

On forecasts for the second quarter, el al notes, “The gradual return of foreign airlines to Israel continued at the beginning of the second quarter of 2025, but during May 2025, to a missile attack on Israeli territory, which landed in Ben Gurion Airport’s Grounds, cancellations and delays of flight operations by some foreign airlines To and from Israel Began, which led to increased demand. “

As a result, El al saw that the second quarter of 2025, in whole or in part, also characterized by a single seat of Ben Gurion Airport limited to demanding demand. “Therefore, the company expects to continue operating at high price occupation and in such a way with the seat seat (rask) currency similar to the equivalent quarter of last year,” said El al

Meanwhile, El Al has made a great deal of money in its coffers. The Great Winner is the owner Kenny Rosenberg, who has taken control of the Covid Pandemic period. He invested about 800 million in the plane and now holds the parts worth 3.1 billion, a profit “in the role of 2.3 billion.

El al stock is trading in a cap at NIS 6.65 billion market – a 336% jump over the past three years.

Impressive financial results of 2024 and an ambitious forecast in the coming years

In 2024, El al reported to record record of $ 3.4 billion, up to 37% from 2023. Operation operation (ebitdar) costs $ 1.1 billion, double last year. Net profit jumps 4.7 times and up to $ 545 million.

In annual report, El al set himself an ambitious goal of $ 4 billion in 2030, based on a part of the 430 members of 4 million members of the Flyer Loyal Club. Airline estimated with reduced revenue of 2026 after peak results in 2024.

Published in Globes, Israel News in News – en.globes.co.il – On May 21, 2025.

© Copyright in Globes Publisher Itonut (1983) Ltd., 2025.


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