El Al Israel Airlines has reported a nearly five-fold jump in net profit in 2024, benefiting from being one of very few carriers serving Tel Aviv after foreign airlines halted flights during Israel’s war against militant group Hamas in Gaza.
El Al, Israel’s flag carrier, announced that it earned $545 million last year, up from $117 million in 2023, as revenue rose 37 per cent to $3.4 billion.
In the
