Ansarollah Website – Follow-ups 

The Israeli airline El Al incurred a net loss attributable to shareholders of $68.9 million in the first quarter of 2026, its first loss since the first quarter of 2023, according to CEO Levi Halevi.

This compares to a profit of $92.8 million in the same quarter of the previous year, according to Globes.

The company's results were particularly affected by the war with Iran, in addition to rising fuel prices.

The impact began to be felt in the company's revenues, which were affected by the rise in fuel prices. The company recorded revenues of $562.4 million, a sharp decrease of 27% compared to the same period last year.

Meanwhile, El Al's market share continues to decline at Ben Gurion Airport (Lod) (38% in the first quarter of this year), while other airlines (such as American Airlines and British Airways) postpone resuming flights to Israel due to tensions and the possibility of renewed war with Iran.

The company's shares represent 30% of its market capitalization and are traded at a value of 7.16 billion shekels.

The return over the past year did not exceed 4%. The controlling shareholder, Kenny Rosenberg, owns 42.4% of the company's shares, valued at over 3 billion shekels.