El Al Israel Airlines ( (ELALF) ) has released its Q1 earnings. Here is a breakdown of the information El Al Israel Airlines presented to its investors.
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El Al Israel Airlines Ltd. is a company engaged in the air transport of passengers and cargo to and from Israel, operating within the international civil aviation and tourism industry. The company also runs a loyalty program and provides various aviation-related services.
In the first quarter of 2025, El Al reported a net profit of approximately USD 95.6 million, an increase from the USD 80.5 million recorded in the same period last year. This improvement comes despite a decrease in market share due to the return of foreign airlines, as the company continues to experience high demand for its flights.
Key financial metrics for Q1/2025 include revenues from operations amounting to USD 773.7 million, an increase from the previous year, and an EBITDAR of USD 213.0 million. The company’s load factor improved to 94.3%, reflecting higher demand relative to seat capacity. Additionally, El Al has expanded its fleet and increased its seat capacity by 7% compared to the previous year.
Looking ahead, El Al anticipates continued high demand for its flights in Q2/2025, driven by limited seat capacity at Ben Gurion Airport due to geopolitical tensions. The company remains focused on expanding its production capacity and implementing its strategic plan to enhance operational efficiency and seize business opportunities.
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