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el al israel air-unspon adr (ELALY) Details

El Al Israel Airlines Limited provides airline services in Israel and internationally. It operates through Passenger Aircraft Activity and Cargo Aircraft Activity segments. The company is engaged in the transport of passengers and cargo on scheduled flights and charter flights between Israel and international countries; production and provision of prepared kosher meals for airlines and other institutions; and marketing and sale of tourism packages and airline tickets to travel agents and individual travelers. It is also involved in the operation of a restaurant and commissaries; lease of flight equipment; provision of luggage handling and maintenance services; and sale of duty free products. El Al Israel Airlines Limited was founded in 1948 and is headquartered in Lod, Israel.

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El Al Israel Airlines Ltd Provides Earnings Guidance for the Third Quarter of Fiscal Year 2014

El Al Israel Airlines Ltd. provided earnings guidance for the third quarter of fiscal year 2014. For the quarter, the company expects that cancellations of flights by passengers would cut third quarter revenue by up to $50 million. The company's initial estimate of the impact of the cancellations and the decline in bookings is of a fall in revenue of $40-50 million.

El Al Israel Airlines Ltd. Reports Earnings and Operating Results for the First Quarter Ended March 31, 2014

El Al Israel Airlines Ltd. reported earnings results for the first quarter ended March 31, 2014. The company lost $39.7 million in the first quarter of 2014, up 22% from a loss of $32.5 million in the first quarter of 2013. Operating loss rose 52% in the first quarter to $51.9 million. Revenue in the first quarter of 2014 was $416 million, down 3.6% from $431 million in the corresponding quarter of 2013. Loss from regular operations was $51,930,000 against $36,291,000 a year ago. Loss before taxes on income was $54,893,000 against $43,246,000 a year ago. The company attributed the poorer first quarter performance to the fact that the Passover holiday, when it carries large number of passengers, fell in the second quarter this year but was in the first quarter last year. The first quarter has traditionally been El Al's most difficult in terms of results. The company announced operating results for the first quarter ended March 31, 2014. For the quarter, the company reported available seat-Kilometers of 4,735 million against 4,588 million a year ago. Load factors was 80.7% against 81.7% a year ago. Net revenues from passenger flights recorded a decline of 4.2%, mainly as a result of the fall in the passenger-kilometer yield. Revenues from cargo increased by 1.4% mainly as a result of the increase in the ton-kilometer quantity transported.

El Al Israel Airlines Ltd. Reports Earnings and Operating Results for the Fourth Quarter and Year Ended December 31, 2013

El Al Israel Airlines Ltd. reported earnings and operating results for the fourth quarter and year ended December 31, 2013. For the quarter, the company's operating revenues were $499,008,000 against $463,931,000 a year ago. Loss from regular operations was $8,252,000 against $28,953,000 a year ago. Pre-tax loss on tax benefit was $4,993,000 against $34,690,000 a year ago. Profit for the period was $3,665,000 against loss of $26,145,000 a year ago. For the year, the company's operating revenues were $2,103,020,000 against $2,015,642,000 a year ago. Profits from regular operations were $37,999,000 against $12,445,000 a year ago. Pre-tax profit on tax benefit was $37,545,000 against loss of $23,095,000 a year ago. Profit for the year was $25,442,000 against loss of $17,953,000 a year ago. The EBITDA for 2013 totaled about $141.9 million. Cash flow from regular activities increased significantly during the year ended December 31, 2013 and totaled about $185.3 million, an increase of about 137% compared to a cash flow from regular activities of $78.3 million in 2012. For the quarter, the company's scheduled revenue passenger-kilometers was 4,277 million against 3,936 million a year ago. Available Seat-Kilometers was 5,222 million against 4,839 million a year ago. Load Factor (scheduled) was 81.9% against 81.3% a year ago. For the year, the company's scheduled revenue passenger-kilometers was 18,086 million against 17,246 million a year ago. Available Seat-Kilometers was 21,828 million against 20,905 million a year ago. Load Factor (scheduled) was 82.9% against 82.5% a year ago.

 

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