Israel's flag carrier El Al had a record-breaking year in 2024, with profits 4.7 times higher than in 2023 and a 37% growth in revenue. Demand for El Al tickets surged as foreign airlines canceled flights to Israel due to the Israel-Hamas War, leaving El Al with near-monopoly status. Ticket prices increased by 14% on average, leading to criticism. Despite challenges, El Al maintained the air bridge between Israel and the world during the war.
Original article source: https://www.jpost.com/israel-news/article-845727
Source Id: 8586664117