JERUSALEM, May 21 (Xinhua) -- Israel's leading airline El Al reported a revenue of 774 million U.S. dollars in the first quarter of 2025, up by nearly 5 percent year-on-year, according to a financial report submitted to the Tel Aviv Stock Exchange.
Net profit climbed to 95.6 million dollars, up from 80.5 million dollars in the same period last year, the report showed. The airline attributed the growth to a higher occupancy rate and an increased seat supply.
The report noted that the airline's market share decreased to 44.1 percent in the first quarter, compared to 62 percent in January-March 2024, due to the temporary resumption of foreign airlines' operations in Israel after a lull in the ongoing conflicts in the region.
