El Al News

El Al Posts Q1 Loss As Gaza, Crisis Weigh

El Al Israel Airlines lost money in the three months to March as the economic crisis and fighting in the Gaza Strip hit passenger numbers, though costs fell along with fuel prices.
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El Al Ups Fuel Surcharge As Oil Reaches USD$60

El Al Israel Airlines said on Thursday it was raising fuel surcharges by up to USD$25 per flight sector, effective May 21, in response to rising global oil prices.
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El Al Quarterly Loss Widens

El Al Israel Airlines reported on Wednesday a wider net loss in the fourth quarter due to a decline in revenue in the wake of the global economic slowdown.
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El Al Sees 60,000 Passengers/Year On Brazil Flight

El Al Israel Airlines expects 60,000 passengers a year to fly on its new direct flight to Sao Paulo, the company's chief executive, Haim Romano, said on Monday.
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El Al To Double Tel Aviv-Cairo Flights

Israeli flag carrier El Al said on Wednesday it was doubling the number of weekly flights between Tel Aviv and Cairo due to strong demand from tourists.
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El Al To Begin Flights To Brazil In May

Israel's El Al said on Monday it will launch direct flights to Sao Paulo on May 2, its first new destination in 10 years.
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Brazil, Chile, Israel Airlines Fixed Cargo Prices - USDOJ

LAN Cargo, ABSA Cargo and EL AL Israel Airlines agreed to plead guilty to conspiring to fix air freight prices, the US Justice Department said on Thursday, and the companies will pay a total of criminal fines of USD$124.7 million.
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El Al CEO To Take 15 Percent Pay Cut

El Al Israel Airlines said on Thursday chief executive Haim Romano has agreed to give up 15 percent of his salary this year, due to the global economic crisis.
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El Al Chops Fuel Charges, Fares On Oil Drop

El Al, Israel's flag carrier, said on Sunday it was reducing fares and fuel surcharges in light of a steep drop in oil prices and a slowing global economy.
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