Tag Archives | EL AL

El Al third-quarter results hit by impact of Gaza conflict

The Israeli economy suffered as a result of Operation Protective Edge this summer in Gaza. The fighting had an across-the-board impact on businesses of all sizes and airlines were no exception. El Al, the largest Israeli carrier, posted a net profit of $10.1 million in the third quarter of 2014, down 82% from $57.9 million […]

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No half-surrender for El Al and its ultra-religious passengers

When an airline accommodates the unreasonable demands of one group of people, they very quickly start to believe  they own it. That is exactly what has happened to El Al. For years, the Israeli carrier has not operated flights on the Jewish Sabbath in response to a demand made by the religious parties as a […]

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The Israeli version of Ryanair: big plan, big hurdles

The plan is probably in its early stages but what little has been revealed has sent shockwaves through the boardrooms of the Israeli airlines. Ryanair chief executive Michael O’Leary said last week in an interview that he plans to establish “an Israeli version of Ryanair”. He also confirmed that the scale of the airline’s ambition […]

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The writing is on the wall for El Al

The writing is on the wall in El Al’s headquarters at Ben Gurion airport, but nothing meaningful is changing. Israel’s largest airline released its results for the first quarter of 2014 this morning. As expected, the carrier has an explanation for all the negative numbers in the report, but as always, it does not have […]

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UP – but not high enough – EL AL’s new low-cost

After Israeli airline EL AL understood that it had lost the war it waged against the country’s open skies agreement with Europe, it began to get ready for the new reality. Yesterday, the airline put into action its major tool for dealing with the harsh new reality. An EL AL Boeing 737-800 painted in the […]

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EL AL’s president resigns as the Israeli airline is again at a crossroads

The resignation of EL AL president and chief executive Elyezer Shkedy does not surprise industry insiders. He himself did not provide an explanation, but it is clear the Israeli airline is again at a crossroads, and that Shkedy could not see it embarking on a paved path in the future. The mistakes began long before […]

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EL AL has another try at low-cost flights

EL AL finally understood that the market has changed and will change at a much faster pace. The Israeli airline will operate five Boeing 737/800 aircraft on low-cost flights. Budapest, Berlin and Prague will be among the first destinations to be served and later others such as Cyprus and Greece will be added. The main […]

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The new approach path to Eilat airport, the clash and the result

The saga is coming to an end. EL AL will stop flying to Eilat, the resort town on the Red Sea, after clashing with the Israeli Civil Aviation Authority (CAA). The dispute began when the president of EL AL decided to cancel the airline’s daytime flights from Ben Gurion airport to Eilat, in southern Israel. […]

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Ben Gurion airport – new hangar, new competition

An international tender issued by the Israeli Airports Authority will change the maintenance business at Ben Gurion airport in Tel Aviv. The tender, issued on a design, build, operate, transfer basis, will create a new maintenance centre at Israel’s main international airport. At the moment, maintenance at Ben Gurion is carried out by Israeli flag […]

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EL AL – if at first you don’t succeed…

As expected, EL AL has failed to create the basis for a much-needed money injection. Negotiations with a potential investor were cancelled last week. First Israel Mezzanine Investors Fund (FIMI) cancelled its planned $75 million investment in the airline after its management failed to reach an collective labour contract with employees of all the airline’s sectors. […]

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