Company DescriptionEl Al Israel Airlines Ltd. (ELAL) is the flag carrier of Israel, headquartered in Lod, near Ben Gurion Airport. The company provides scheduled domestic and international passenger and cargo flights to a variety of destinations around the world. Known for its security protocols and customer service, El Al offers a range of services including standard flights, cargo transport, and ancillary services such as in-flight sales and loyalty programs.
How the Company Makes MoneyEl Al makes money primarily through the sale of airline tickets for both domestic and international flights. Its revenue streams include passenger fares, cargo transport fees, and income from ancillary services such as baggage fees, seat selection, and in-flight purchases. Additionally, El Al generates revenue through its loyalty program, Matmid, which encourages repeat business from frequent flyers. Partnerships with other airlines and travel-related companies also contribute to its earnings, expanding its reach and offering new opportunities for revenue generation.