El Al’s profits jump nearly fivefold in 2024, amid Israel-Hamas War-driven demand
Demand for El Al tickets has surged as foreign airlines canceled flights to Israel due to the Israel-Hamas War, leaving El Al with near-monopoly status.
An Israeli flag is seen on the first of Israel's El Al Airlines order of 16 Boeing 787-9 Dreamliner jets, as it lands at Ben Gurion International Airport, near Tel Aviv(photo credit: REUTERS/AMIR COHEN)ByEVE YOUNGUpdated:
