El Al Incurs Widened First-Quarter Loss

Arie Egozi June 01, 2018
TEL AVIV—El Al posted a net loss of $44 million for the first quarter, widened from a net loss of $33 million in the 2017 March quarter, and cited rising jet fuel prices as a reason for the increased deficit. The disappointing first quarter followed a net profit of just $5.7 million for the full...
Arie Egozi

Arie was born in Israel and served in the Israeli Defense Forces. He graduated from Tel Aviv University with a degree in political science and journalism. Later, he worked as a defense correspondent for Israel’s largest daily newspaper Yedioth Ahronot. He is the editor-in-chief of the Israeli homeland security website I-HLS.

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