A 370% jump in profit: El Al took advantage of the war and raised prices - voila! Of money. El Al recorded revenues of $678 million during the war compared to $561 million in the corresponding quarter last year.
The company enjoyed exclusivity on most of its routes, especially the long and profitable ones, to North America and the East. By 2030, El Al plans to purchase 3 more 787 aircraft and launch a plan to replace its 737 aircraft fleet. Its total aircraft fleet should increase from 46 today to almost 60 in 2030.