El Al Reports Higher Revenue and Declares Significant Dividend Amid Lower Profit

AI-generated NewsSnap summary based on source reporting.
Published: 2026-11-08
Category: business
Source: Globes English

El Al, Israel's national airline, has announced higher revenue for the recent period. However, the company also reported lower profits, partly attributed to a write-down in the value of its stake in credit card firm ICC-CAL following a collapsed sale deal. Despite the profit decline, El Al declared a big dividend.

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