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El Al Reaps Profits of $15 Million

April 22, 1996
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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.

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