El Al again reports record profits The higher profit in the third quarter was recorded despite the return of foreign airlines to Ben Gurion airport and the reduction of El Al’s market share in passenger traffic, Netanel Ariel El Al Israel Airlines Ltd. (TASE:ELAL) has reported net profit of $203 million in the third quarter of 2025, up 8% from $187 million in the corresponding quarter of 2024 and a new record.
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The higher profit was recorded despite the return of foreign airlines to Ben Gurion airport and the reduction of El Al’s market share in passenger traffic, with the decline in market share expected to continue. There are now about 60 airlines operating at Ben Gurion airport, compared with only 20 in November 2024, and El Al’s market share has fallen to about 35.9%. However, the reason for the improvement in results is that in absolute terms, El Al flew more passengers in the third quarter than in the second quarter (an increase of 6%-10% in each of the months of the third quarter).
Control of routes to North America continued, but is declining en.globes.co.il – on November 11, 2025.
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