El Al takes steps to mitigate conflict impact after profitable third quarter

El Al 737-800-c-Aero Icarus Creative Commons

Source: Aero Icarus/Creative Commons

Israeli flag-carrier El Al expects a 5-10% reduction in capacity over the fourth quarter, as a result of the Gaza conflict, and a fall in load factor, but it has yet to estimate the impact on the first quarter of next year.

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