El Al Israel Airlines Ltd. - Company Profile
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El Al Israel Airlines Ltd. (El Al) is an international airline carrier. The company operates domestic and international flights between Israel and abroad. The company's major portfolio of services includes commercial flight services, charter flights and cargo. El Al provides direct flights a week to European destinations including Paris, Moscow, Frankfurt, Rome, London, Prague, Budapest, Kiev, Berlin, Amsterdam, Milano, Madrid, Zurich Milan, Munich, and Switzerland. El Al also operates flights to Port Elizabeth, Hong Kong, Sydney, Melbourne, Brisbane, and Australia Perth, Mumbai, and Delhi, India; Johannesburg, Cape Town, South Africa; Florida, the US, and Bangkok, Thailand. It also provides security services, maintenance and overhaul services to other airlines at Benina International Airport and manages select travel agencies abroad. The company also offers auxiliary services, such as passenger aircraft leasing and sale of duty free products. El Al is headquartered in Lod, Israel.
Headquarters
Israel
Address
Netavg, Po Box 41, Lod, Sharon (Netanya), 70100
Website
www.elal.com
Telephone
972 3 9716202
No of Employees
4,980
Industry
Transport and Logistics
Ticker Symbol & Exchange
ELAL (TLV)
Revenue (2022)
$2.5B
26.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
2.9%
(2022 vs 2021)
Market Cap*
$568.5M
Net Profit Margin (2022)
XYZ
-18.3%
(2022 vs 2021)
* As of and is in US$
El Al Israel Airlines Ltd. premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Passenger Transportation | El Al |
| Cargo Transportation | UP |
| Passenger Aircraft Leasing | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In April, the company signed a non-binding memorandum of understanding with ISSTA to set up a joint venture. |
| 2022 | Contracts/Agreements | In September, the company announced to expand its collaboration with TAL Aviation to serve as El Al’s GSA (General Sales Agent) in the Eastern European Union nations, Romania and Moldova. |
| 2022 | Contracts/Agreements | In February, the company agreed to acquire 10% stake in Arkia Israeli Airlines. |
Competitor Comparison
| Key Parameters | El Al Israel Airlines Ltd. | Turk Hava Yollari Anonim Ortakligi | Air Arabia PJSC | Jazeera Airways Co | Issta Lines Ltd |
|---|---|---|---|---|---|
| Headquarters | Israel | Turkey | United Arab Emirates | Kuwait | Israel |
| City | Lod | Istanbul | Sharjah | Safat | Tel Aviv-Yafo |
| State/Province | Sharon (Netanya) | - | Sharjah | - | - |
| No. of Employees | 4,980 | 55,884 | 1,353 | 1,500 | 465 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Dina Ben Tal Ganancia | Chief Executive Officer | Senior Management | 2022 | - |
| Yancale Shahar | Chief Financial Officer | Senior Management | 2023 | - |
| Omry Cohen | Chief Operating Officer | Senior Management | 2022 | - |
| Amikam Ben Zvi | Chairman | Executive Board | 2021 | - |
| Shlomi Karako | Vice President - Maintenance and Engineering | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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