EI AI, Israel’s national airline, registered a $1.6 million operating profit in the past fiscal year. But this was offset by a cumulative deficit of $14.3 million, according to the annual balance sheet published here Monday. The airline management said EI Al could operate at a profit but is burdened by a total debt of $330 million on which high interest must be paid.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.