Airline

Net loss for El Al in 2014

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Net loss for El Al in 2014

El Al, the Israeli national airline, has posted a net loss of $28 million in 2014, compared to a $26.7 million profit in 2013. Revenue fell 1% to $2.08 billion, while operating expenses rose by 2.2% to $1.79 billion. The airline’s average load factor was 82.5%, compared to 82.9% in 2013. El Al’s...

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