El Al Israel National Airlines enjoyed a 27.6 per cent increase in air traffic to Israel during the fiscal year ended last March 31, it was reported here today. The increase, a company spokesman said, was due largely to the introduction of reduced-rate group fares for tourists in place of chartered flights.
The airline showed a record operating profit during the year of $3,576,042, compared with $1,401,729 in the previous year. Also increased during the year was the airline’s load capacity, which rose 52.6 per cent compared with an industry-wide jet load capacity increase of 50.4 per cent.
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