🔻Increase in net profit of Israel’s El Al airline

El Al, the Israeli airline, announced that its net profit in the second quarter of the current Gregorian year has doubled.

According to the company, this profit is the result of improved conditions after the cessation of the war with Iran and the reopening of much of its airspace to passenger aircraft.

As El Al stated, net profit in the second quarter reached $132 million, while in the same period of the previous year it was $66 million.

El Al also said that the war with Iran cost it $55 million.

The company’s revenue also increased from $777 million last year to $986 million.