EL Al cargo outweighs the costs

DESPITE a hefty rise in fuel costs and a decline in tonnage through Ben Gurion International Airport (Israel) El Al managed to lift its cargo revenues in the second quarter of 2011.
Cargo revenues grew six per cent year-on-year, reaching US$51.3m. This was against a backdrop of a near-50 per cent rise in fuel cost and a two per cent drop in tonnage through the airport.
In August, the carrier closed its route to São Paulo (Brazil) in order to utilise its 777s on more profitable routes.
"We are also planning to remove aircraft that are considered fuel-inefficient from service and add winglets to the wing tips of other aircraft," chief executive officer Elyezer Shkedy says.

Share this story
Facebook
Twitter
LinkedIn

Related topics

Latest news

Emirates SkyCargo celebrates pharma-handling achievements

By Rachelle Harry

In a recent announcement, Emirates SkyCargo, the freight division of Emirates, highlighted three milestones related to its pharma-handling capabilities. The…

Read More

DSV Panalpina announces green goals for 2020 and beyond

By Rachelle Harry

DSV Panalpina has announced that it will set science-based environmental performance targets from 2020, demonstrating its support towards minimising the…

Read More

WFS scoops Cape Town cargo deal from United

By Damian Brett

United Airlines has awarded cargo handler Worldwide Flight Services (WFS) with the contract to handle cargo in Cape Town on…

Read More