El Al Israel Airlines almost doubled second-quarter net profit to $132 million from $66 million a year earlier, as reduced regional fighting supported demand and helped the carrier capture more traffic on Israel routes. Revenue rose to $986 million from $777 million in the April-June period, even as the airline still faced higher jet fuel costs and a $55 million hit linked to the conflict.
The results reflect a market in which foreign airline capacity remained constrained, leaving El Al with a stronger competitive position on services to and from Tel Aviv. That environment supported yields and traffic after the worst disruption from the fighting between Israel and Iran eased. The airline continued to operate under the shadow of elevated fuel prices, which weighed on margins across the sector.
The quarter adds to a broader pattern in which airlines exposed to the Middle East have reported sharply different outcomes depending on their network mix and fuel exposure. For El Al, reduced competition on Israel services and resilient demand offset part of the cost pressure during the period.