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The war between Israel and Hezbollah put in crisis El Al

Tel Aviv, Israel - The carrier forecasts to make a loss in 2006

The crisis between Israel and Hezbollah has consequences also for Tel Aviv flagship carrier, the El Al (see for details AVIONEWS). The carrier announced in fact that, because of the geopolitic situation in Middle East and of the constant increase of the fuel price it forecast to make a loss in 2006, the amount of which has been not evaluated. El Al closed last year with a USD 64.1 million profit and...

AVIONEWS - World Aeronautical Press Agency - 145338

AVIONEWS - World Aeronautical Press Agency
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