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El Al Reports $10s of Millions Lost Due to Flight Cancelations


While El Al officials admit it is too early to know exactly how much was lost as a result of flight cancelations to and from Europe, senior company officials estimate the sum will be in the tens of millions of dollars. The company made notification to stock market officials in light of this reality, adding one cannot know with absolute certainty when flights to and from Europe will return to regular scheduling.

(Yechiel Spira – YWN Israel)



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