El Al cut its losses last year. Israel’s national airline lost $85.2 million in 2001, as compared with $109.4 million in 2000, the company said. The firm attributed the reduction in losses, despite the damage to tourism caused by the ongoing Palestinian intifada, to budget cuts.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
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.