Share to FacebookShare to XArticle printing is available to subscribers onlyPrint in a simple, ad-free formatSubscribeComments: Zen reading is available to subscribers onlyAd-free and in a comfortable reading formatSubscribeAn El Al aircraft is seen on the tarmac at Ben Gurion Airport near Tel Aviv, Israel, in 2022. Credit: Moti MilrodAn El Al aircraft is seen on the tarmac at Ben Gurion Airport near Tel Aviv, Israel, in 2022. Credit: Moti Milrod10:27 PM • August 05 2026 IDTIsraeli airline El Al doubled its second-quarter net profit as the carrier recovered from disruptions caused by fighting between Israel and Iran, benefiting from stronger demand and a near-monopoly position as foreign airlines largely remained absent.Israel's flag carrier reported net profit of $132 million, up from $66 million a year earlier. Revenue rose to $986 million from $777 million. El Al shares jumped 15% following the earnings release.The airline said the conflict with Iran reduced second-quarter results by $55 million. The broader disruption, including higher jet fuel costs and operational restrictions, was offset by the recovery in flight activity and stronger revenue. Haaretz Election Podcast with Nagham Zbeedat and Dahlia Scheindlin: Could a Jewish politician joining an Islamist party shake up Israel's elections?El Al returned to full operations in May after commercial flights were diminished during the conflict.The absence of foreign competition continued to support its results, as many international carriers, particularly U.S. airlines, delayed resuming flights to Tel Aviv, giving the airline a near-monopoly position similar to the advantage it gained during the Gaza conflict.Passengers arrive at the departures hall of Ben Gurion Airport near Tel Aviv during the Iran conflict, in April. Credit: Eyal TouegPassengers arrive at the departures hall of Ben Gurion Airport near Tel Aviv during the Iran conflict, in April. Credit: Eyal TouegEl Al's share of traffic at Ben Gurion Airport rose to 50.2% in the second quarter from 39.6% a year earlier. On U.S. routes, one of its most profitable markets, the airline's market share increased to 92.3% from 75.7%.The shift in market share helped drive a 25% increase in revenue on North American routes to $398 million. The average revenue per passenger kilometer rose 15.4% to 12.84 cents compared with the same period last year."We are entering the second half of the year from a position of financial strength, with a solid balance sheet and high liquidity," Chief Financial Officer Gil Feldman said. "Based on current business trends, our order backlog and continued strong demand, we expect continued growth," he added. El Al reported an order backlog of $1.4 billion based on advance bookings and plans to increase seat capacity by up to 10% in the third quarter. The airline has added two Boeing 737 aircraft to its short-haul fleet and returned older Boeing 777 aircraft to service.In the NewsEl Al Bounces Back After Iran War Disruptions as Rivals Delay Return to IsraelWhat the Democrats Must Learn From El-Sayed's Michigan Primary WinFar-right Israeli Rapper, Three Police Officers Questioned After Haaretz ReportUN: More Than 360,000 Lebanese Remain Displaced as Israel-Lebanon Talks ContinueIsrael's Election Committee Bans Parties From Tracking Who Has Cast BallotsRemembering and rebuilding two years laterICYMIThis Israeli ultra-Orthodox Feminist Activist Has a Warning for U.S. JewsHow Israel's Elbit Armed the United Arab Emirates'I Tried, I Got Crushed by AIPAC': Andy Levin Is All-in for El-SayedDozens of IDF Soldiers Desert Sde Teiman Base in Protest of CommanderIt's No Wonder Israelis Want War. Violence Has Become a Source of JoyEisenkot Keeps Running Away From What Everyone Knows He Believes
El Al bounces back after Iran war disruptions as rivals delay return to Israel
The Israeli airline reported a 100 percent jump in second-quarter profit, capturing 92.3% of U.S.-Israel flights, boosting revenue growth despite higher jet fuel prices






