El Al reports record profits as airlines extend Israeli flight cancellations

Tel Aviv [Israel], August 17 (ANI/TPS): Israel's flagship airline, El Al, announced a record profit of USD 147.4 million for the second quarter of 2024 on Thursday, marking the second consecutive quarter the carrier set a record profit. The airline also announced a USD 2.5 billion deal to purchase new aircraft to upgrade its fleet.

Many international airlines have suspended their flights to Israel as tensions remain high