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EL AL REPORTS Q3 RESULTS

TEL AVIV, El Al said it is to finish the third quarter with profits of about $5 million. An airline senior official said the profit was made possible by "strongly adjusting" expenditures to lower revenue levels. The measure to cut costs included a reduction in flight hours and an adjustment of capacity on each flight.

AVIONEWS - World Aeronautical Press Agency - 18988

AVIONEWS - World Aeronautical Press Agency
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