El Al and TAROM signed a codeshare deal, increasing Tel Aviv-Bucharest flights to 18 per week and offering frequent flyer benefits starting April 1.
El Al reopens its luxury lounge at Ben Gurion Airport with a BELLBOY-led cocktail bar, Nespresso coffee, and a new design for enhanced passenger privacy, following a multi-million shekel upgrade.
Revenue in 2024 totaled $3.4 billion, 37% more than in 2023. Fourth quarter revenue was $851, 26% more than in the corresponding quarter.
The highest bonus went to the pilots: 6% of the pre-tax profit, or nearly $41 million
Demand for El Al tickets has surged as foreign airlines canceled flights to Israel due to the Israel-Hamas War, leaving El Al with near-monopoly status.
ALEH’s campus in Bnei Brak was transformed into a lively airport terminal, where children dressed as pilots and flight attendants for a day of imagination.
Israel Airports Authority estimates that 25% of all flights at Ben Gurion Airport will use Terminal 1, totaling about 1,377 flights during April.
El Al will operate 52 weekly U.S. flights this summer, including six daily flights to New York and a new Boston route.
El Al and the Frequent Flyer Club have signed strategic cooperation agreements with HOT. As part of the agreements, the companies have launched several joint initiatives.
The understanding was that the return of foreign airlines would see El Al's share price fall 20% within a short time, but it completed a rise of 60% since the beginning of December 2024.
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