El Al has reported record earnings in the third quarter of 2024, benefiting from a near-monopoly on flights to and from Israel amid the ongoing war in Gaza and regional security tensions. The airline posted $1 billion in revenue from July to September, a 43% increase from $696 million during the same period last year. Profits soared to $187 million, up nearly 260% from $52 million in 2023. El Al’s strong financial performance comes as many major international airlines have suspended routes to Tel Aviv due to security concerns. U.S. carriers like Delta, American Airlines, and United Airlines have halted flights indefinitely, leaving El Al as the sole operator of direct routes between Tel Aviv and North America.
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