HOME arrow El Al Israel Airlines reports Mar-08 Financial

El Al Israel Airlines reports Mar-08 Financial

29-May-2008
El Al Israel Airlines reports Mar-08 Financial
El Al Israel Airlines reports the following financial highlights for three months ended 31-Mar-08:

 


• Revenue: USD471.5 million, +21.0% year-on-year;
• Operating costs: USD416.6 million, +23%;
• Net profit (loss): (USD49.9 million), compared to a net loss of USD15.3 million in the previous corresponding period;
• Operating profit (loss): (USD47.4 million), compared to a loss of USD10.6 million in the previous corresponding period.


El Al's fuel costs for the period increased by USD43.0 million, compared with the three months to 31-Mar-07.

 

This is from today's edition of Europe Airline Daily. SIGN UP now to receive this report direct to your Inbox each morning.