El Al Israel Airlines has reported a net profit of $15 million for fiscal year 1995, the company’s 10th consecutive profitable year.
El Al revenues totaled more than $1.2 billion for the year, a 17.5 percent increase over 1994.
The airline’s number of passengers reached 2.93 million, an 18 percent increase over the previous year.
In February 1995, El Al ended a 12-year period of temporary receivership and began to operate under a new board of directors.
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.