Airline

EL AL REPORTS Q2 LOSS

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EL AL REPORTS Q2 LOSS

El Al Israel Airlines has reported a second-quarter net loss of $19.7 million, reversed from a $14.8 million net profit in the prior-year period. Quarterly costs rises were to blame which amounted to $470.2 million. El Al said in a statement, "Most of the increase stemmed from the costs of aviation ...

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