{"id":1212,"date":"2019-08-28T19:18:59","date_gmt":"2019-08-28T19:18:59","guid":{"rendered":"https:\/\/digitone.news\/?p=1212"},"modified":"2019-08-28T19:18:59","modified_gmt":"2019-08-28T19:18:59","slug":"el-al-ekes-out-small-profit","status":"publish","type":"post","link":"https:\/\/digitone.news\/index.php\/2019\/08\/28\/el-al-ekes-out-small-profit\/","title":{"rendered":"El Al Ekes Out Small Profit"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1008\" height=\"668\" src=\"https:\/\/digitone.news\/wp-content\/uploads\/2019\/05\/787.jpg\" alt=\"El Al\" class=\"wp-image-907\" srcset=\"https:\/\/digitone.news\/wp-content\/uploads\/2019\/05\/787.jpg 1008w, https:\/\/digitone.news\/wp-content\/uploads\/2019\/05\/787-300x199.jpg 300w, https:\/\/digitone.news\/wp-content\/uploads\/2019\/05\/787-768x509.jpg 768w, https:\/\/digitone.news\/wp-content\/uploads\/2019\/05\/787-696x461.jpg 696w, https:\/\/digitone.news\/wp-content\/uploads\/2019\/05\/787-634x420.jpg 634w\" sizes=\"auto, (max-width: 1008px) 100vw, 1008px\" \/><\/figure>\n\n\n\n<p>EL Al managed to turn a minimal profit during the second quarter of 2019, reporting profits\/of $84,000, after losing $18 million in Q1 of 2018. While El Al dropped to carrying 25.7% of the passengers in and out of Ben Gurion Airport, its income was $584 million in Q2, up 7% from a year earlier.&nbsp;This year, the Passover holiday fell in the second quarter and not in the first quarter, as it had the previous year.&nbsp;<\/p>\n\n\n\n<p>Because of a change in accounting rules, El Al was forced to increase it stated financing costs by $11 million. El Al also gained from lower fuel costs, which decreased by $8.5 million.&nbsp;The decrease in the expense of jet operation is a function of both lower worldwide fuel costs and the introduction of the 787 into El Al fleet, replacing much less fuel-efficient aircraft.&nbsp;El Al recorded cash flows from operating activities, totaling approximately $110 million for the quarter, compared to approximately $56 million for the second quarter of 2018. As of June 30, 2019, The Company&#8217;s cash and deposit balances amounted to approximately $317 million.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EL Al managed to turn a minimal profit during the second quarter of 2019, reporting profits\/of $84,000, after losing $18 million in Q1 of 2018. While El Al dropped to carrying 25.7% of the passengers in and out of Ben Gurion Airport, its income was $584 million in Q2, up 7% from a year earlier.&nbsp;This [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":907,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,42],"tags":[],"class_list":{"0":"post-1212","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-travel","8":"category-travelbus"},"_links":{"self":[{"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/posts\/1212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/comments?post=1212"}],"version-history":[{"count":1,"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/posts\/1212\/revisions"}],"predecessor-version":[{"id":1213,"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/posts\/1212\/revisions\/1213"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/media\/907"}],"wp:attachment":[{"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/media?parent=1212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/categories?post=1212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/tags?post=1212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}