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El Al Israel Airlines registers a decline in its net profit

Jerusalem, Israel - In spite of the growth in its traffic passengers record fuel costs conducted to this result

El Al Israel Airlines, announced yesterday that its net profit, related to the third quarter, because of record fuel costs declined to USD 47,4m in comparison with USD 61m in the same period last year. In spite of the fact that the national carrier assisted to a 40 per cent growth in its traffic passengers and an eight per cent rise in the amount of cargo traffic, high fuel costs conducted to this...

AVIONEWS - World Aeronautical Press Agency - 108631

AVIONEWS - World Aeronautical Press Agency
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