El Al reports record profits; effort to end monopoly on US flights
El Al airlines posted record quarterly profit and revenue, lifted by its near-monopoly as many foreign carriers have cancelled flight service to Israel due to the conflict in the region. Meanwhile, Israel's transportation ministry said it has reached understandings with American aviation authorities for two Israeli airlines to provide service to the United States this winter. Mark Feldman, Director of Diesenbhaus Jerusalem spoke to KAN reporter Naomi Segal about the developments.
(Photo: Yossi Aloni/Flash90)
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