El Al Reports Record Revenue but Lower Net Profit Amid Rising Costs
Summarized from The Jerusalem Post by baba
El Al reported record third-quarter revenue of $1.27 billion for 2026, an 18% increase, but its net profit declined by 14% to $175 million due to higher fuel costs and a one-time expense. The airline maintained a 95% passenger load factor and saw growth in its loyalty programs. CEO Levy Halevy praised employees and cited strong demand, though the company's stock fell despite the revenue record.
The story in 5 lines · by baba
- El Al reported record third-quarter revenue of $1.27 billion in 2026, up 18% year-over-year.
- Net profit declined 14% to $175 million, impacted by $135 million in higher fuel and exchange rate costs.
- The airline maintained a 95% passenger load factor with increased flight capacity.
- CEO Levy Halevy attributed the results to employee dedication and strong customer demand.
- El Al shares fell approximately 5% despite the record revenue announcement.
The Jerusalem Post publishes in English. The key points are summarized above. Read The Jerusalem Post’s full report from the link at the top of the page.
The same event, reported separately by each outlet. Open a few to compare what different newsrooms emphasize — and what they leave out.
Centre 4Right 1Other 2
Not the same event — other stories that share this one’s people, places, or theme: background, reactions, and follow-ups.
