El Al Posts Record Demand and $132M Quarterly Profit Amid War Loss
El Al reported $986 million in revenue, up 27% year over year, and net profit that doubled to $132 million. Results were offset by a $55 million loss tied to Operation Roaring Lion. EBITDAR rose to about $222 million, seat capacity increased roughly 9%, and load factors reached 90% and 94% in June. Backlog hit $1.4 billion, while operating cash flow was $359 million.