El Al Israel Airlines just reported an eight percent jump in its third quarter profit, reaching two hundred three million dollars, up from one hundred eighty seven million dollars last year. This boost comes as foreign carriers slowly resume flights to Tel Aviv after a ceasefire in the Gaza war, signaling a shift in the aviation market for Israel’s flag carrier.
Profit Growth Amid Changing Market
El Al’s revenue climbed seven percent to one point zero seven billion dollars in the third quarter. The airline benefited from high demand during the summer months when few international competitors operated flights to Ben Gurion Airport.
Company leaders pointed to the ongoing security situation as a key factor. With many foreign airlines pausing services due to the Gaza conflict, El Al filled the gap and saw strong passenger numbers.
The airline’s load factor improved to ninety five point three percent, meaning more seats were filled on flights. This efficiency helped drive the profit increase.
El Al also expanded its fleet by adding a seventeenth Boeing seven eight seven Dreamliner and bringing back an older Boeing seven seven seven model.
Foreign Carriers Make a Comeback
Several international airlines restarted flights to Tel Aviv starting in August. This move followed a United States brokered ceasefire between Israel and Hamas last month, easing tensions in the region.
Airlines like American Airlines plan to resume service in twenty twenty six. Others have already begun operations, contributing to a recovery trend at Ben Gurion Airport.
Passenger traffic at the airport surged sixty five percent in October compared to the same month last year. El Al’s market share dropped to thirty one percent from fifty percent as competition returned.
Experts predict this gradual return will continue through twenty twenty six. El Al’s chief executive noted that while the airline expects more rivals, its strong finances will support future growth.
Impact of the Gaza War on Aviation
The conflict that started on October seventh twenty twenty three drastically changed air travel to Israel. Hamas attacks led many foreign carriers to halt flights, leaving El Al as one of the main options for travelers.
This near monopoly position caused El Al’s net profit to multiply five times in twenty twenty four. Some passengers voiced concerns about higher ticket prices during this period.
Now, with the ceasefire in place, the market is opening up. Airfares have started to drop as more airlines compete, offering relief to travelers.
- Key events in the timeline:
- October 2023: Foreign airlines suspend flights after attacks.
- Throughout 2024: El Al dominates the market and posts record profits.
- August 2025: Some carriers resume services.
- October 2025: Passenger numbers rise sharply.
The shift has broader effects on Israel’s economy. Increased flights could boost tourism and business travel, aiding recovery from war related disruptions.
A recent truce has encouraged more airlines to return. This development ties into global efforts to stabilize the Middle East.
Financial Outlook and Leadership Change
El Al maintains high liquidity, which leaders say will fuel expansion. The airline aims to keep growing despite increased competition.
In early twenty twenty six, current chief executive Dina Ben Tal Ganancia will step down. Levy Halevy will take over, bringing fresh strategies to navigate the evolving market.
| Metric | Q3 2025 | Q3 2024 | Change |
|---|---|---|---|
| Net Profit | $203 million | $187 million | +8% |
| Revenue | $1.07 billion | $1.0 billion | +7% |
| Load Factor | 95.3% | 93.9% | +1.4% |
| Market Share (October) | 31% | 50% | -19% |
This table highlights the key financial shifts. Analysts see these numbers as a sign of resilience.
The airline continues to operate around the clock to meet passenger needs. With more options available, travelers can expect better deals and more routes.
What This Means for Travelers
For people planning trips to Israel, the return of foreign airlines brings good news. Competition often leads to lower fares and more flight choices.
El Al’s strong performance shows the airline is ready to adapt. Passengers should watch for updates on routes and prices as the market stabilizes.
This story reflects broader trends in global aviation recovery after conflicts. Similar patterns appeared in other regions facing security issues.
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