Al Israel Airlines Ltd. (Level:delicious) The CEO Dina Ben-Tall Ganancia was unexpectedly announced yesterday that he passed before the end of the year. The Ben-Tal Ganancia was appointed CEO three years ago during which time he was very successful for the company, himself, where he was rewarded.
Although the price of the El Al has fallen in the last month, it has risen 160% last year and has a cap on the NIS 6.4 billion market.
It is not yet known what Ben-Tal Ganca’s next position and it is possible that 50 years of CEO has received offers to handle a foreign plane operating Israel. Regarding the identification of the next CEO of El Al, the company’s board of directors will soon begin to consider candidates for the position to be vacant at the end of the year.
Great achievement: Company employees agreements
Ben-Tal Ganancia was appointed CEO on April 2022, which became the first woman who led the plane. He raised in the rank of El al, after 14 years of the company, previously served as VP Commercial Actirial Affairs and Industry of Revenue Management.
He took the CEO at the time of harder time. El Al has not recovered from the Covid Salemic, who left it along the crash. Within two years before his appointment, the company records losses of $ 1 billion, and reduces its financial support – from its financial support – from the financial support of the company – business in the company’s financial congestion – business in the company of the company’s financial content.
Since Ben-Tal Ganancia believes in May 2022, El al saw a sharp business recovery, especially after the ambition of Israel’s registration of and from Israel. This order is translated into increasing airfares and records income and profits. Overall, the cumulative net profit obtained by El al under Ben-Tal Ganancia, under three years, stood in NIS 2.8 billion. At the same time, the company’s stock jumps over 300%.
During the first year of Ben-Tal Gnancia, El al a dispute was faced with state covid agreements, decreasing the wages of the pilots. The dispute leads to the cancellation of the work and appeal to the work, but ends with a gradual wage restored by pilot wages in January 2023, and the industry is secured.
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In less than a year, Ben-Tal Ganancia Settled Labor Relations at El Al, leading to the signing of agreements with the workers committees of the flight staff, and administrative and engineering staff, as well as the new wage agreement with the pilots, after a long crisis that culminated in the cancellation of more Than 100 flights, many at the last minute.
Record income during the war
On October 2023, the war took place, bothering the Gieversela trips to Israel. While many foreign plane suspend Tel Aviv services, El Al continues to operate journeys as well as flight flights outside the Israelites. The sharp increase in demand for company flights also brings a significant increase in airfares carrying violent public criticism that exploits a state of emergency.
Due to the lack of competition, El Al recorded its strongest year in 2024 – a net profit of $ 541 million – five times the revenue of 2023 (which is also a very good year). But it also needs to deal with a contaminated image that enhances the success of its business and the public criticism of its high fare. The company published its price prices for economic class tickets by destination – an unusual movement – explained to the public criticism and explain the dismissal policy used in the aviation industry.
The first quarter of 2025 is also good for El al al. The company ends the first three months of the year with a net profit of $ 93 million, to the corresponding quarter. El Al Al Al Al Al Al Gurion’s market share in the first quarter is 44% on all trips, while in the beneficial routes in North America this is over 90%.
As part of the second quarter, the company is expected to be affected by 12 days in Iran operations when their airspace is closed. El al is motivated for flights to save for Israel who is stranded abroad. After successful military operations, airspace also opens, and competition is expected to return to Ben Gurion Airport. All of this seems to carry a negative trend of airline price to the airline, which has just lost 10% of the value from its top.
Over 20 million bribes
Ben-Tal Ganancia’s resuneration costs 15 million in three years of sharing options that brought it overall over NIS 20 million. In 2024 his salary was NIS 6.5 million, about half from a bonus from the profit and others were salary and stock payments. Ben-Tal Gencia’s bonus 2% of the company’s profit, but it is limited to NIS 3 million per year. Without the limit, the bonus may NIS 36 million last year.
In January 2025, institutional shareholders in El Al prevented the salary increase for Ben-Tal Genancia (a 25% salary increase) and the giving of the NIS 10 million “of the money” in time.
At that time, there was a criticism behind the scenes of the generosity of the CEO offered, as well as the chairman of the company Amikam Ben-Zvi. El al, seeing some institutional investors, enjoy a sharp increase in net profits because of the unique circumstances that result in the closing of the sky.
In the area of options, canceled for CEO, reward by El al al al al al al al al al al al al al al al al al al al al al al al al al al al als with a “special bonus for 2024.” The bonus equals four monthly salaries, “due to unusual activity and special efforts to office holders in 2024.” In December about three years ago, Ben-Tal Genencia was given options for parts of El Al Al al. In March this year, he used half of them for 5.3 million (less their exercise price). He still has a choice of amounts to 5.4 million at the moment of exercise price.
Published in Globes, Israel News in News – en.globes.co.il – On July 14, 2025.
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