Middle East Conflict Impacts El Al's Financial Performance, Leading to First-Quarter Loss
Israeli airline El Al has reported a significant financial loss in the first quarter of 2026, attributed to the ongoing Middle East conflict. The airline estimates that the conflict has resulted in a $145 million impact on its net profit, with $90 million reflected in the first-quarter results. The conflict led to the suspension of scheduled services and operational restrictions, causing a net loss of approximately $67 million. Despite these challenges, El Al has resumed full operations as of May, and the airline anticipates increased demand for its flights in the coming quarters as foreign carriers are slower to return to Tel Aviv. 
