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Israel: El Al Realizes Record Net Profit, Carried by the Prolonged Absence of Foreign Carriers

Summary by Air Journal
El Al achieved a record net profit of 132 million dollars in the second quarter of 2026, compared to 66 million a year earlier. The Israeli airline benefits from strong demand and reduced competition at Tel Aviv-Ben Gurion airports, while many foreign airlines delay their return to Israel. Record resultsBetween April and June, El Al's turnover increased by 27%, to 986 million dollars. Net profit doubled despite rising fuel costs, appreciation of…
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El Al achieved a record net profit of 132 million dollars in the second quarter of 2026, compared to 66 million a year earlier. The Israeli airline benefits from strong demand and reduced competition at Tel Aviv-Ben Gurion airports, while many foreign airlines delay their return to Israel. Record resultsBetween April and June, El Al's turnover increased by 27%, to 986 million dollars. Net profit doubled despite rising fuel costs, appreciation of…

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Air Journal broke the news on Sunday, August 16, 2026.
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