Reported Earnings • May 24
First quarter 2026 earnings released: US$0.12 loss per share (vs US$0.19 profit in 1Q 2025) First quarter 2026 results: US$0.12 loss per share (down from US$0.19 profit in 1Q 2025). Revenue: US$562.4m (down 27% from 1Q 2025). Net loss: US$68.9m (down 174% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. New Risk • May 24
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.4% Last year net profit margin: 16% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (7.4% net profit margin). Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: US$0.76 (vs US$1.44 in FY 2024) Full year 2025 results: EPS: US$0.76 (down from US$1.44 in FY 2024). Revenue: US$3.48b (up 1.3% from FY 2024). Net income: US$403.3m (down 26% from FY 2024). Profit margin: 12% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 18
El Al Israel Airlines Ltd. to Report Q4, 2025 Results on Feb 24, 2026 El Al Israel Airlines Ltd. announced that they will report Q4, 2025 results on Feb 24, 2026 Upcoming Dividend • Jan 09
Upcoming dividend of ₪0.57 per share Eligible shareholders must have bought the stock before 16 January 2026. Payment date: 27 January 2026. Trailing yield: 3.2%. Lower than top quartile of Israeli dividend payers (5.2%). In line with average of industry peers (3.2%). Announcement • Jan 07
El Al Israel Airlines Ltd. announces Annual dividend, payable on January 27, 2026 El Al Israel Airlines Ltd. announced Annual dividend of ILS 0.5700 per share payable on January 27, 2026, ex-date on January 16, 2026 and record date on January 16, 2026. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₪16.98, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 10x in the Airlines industry in Asia. Total returns to shareholders of 538% over the past three years. New Risk • Dec 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). Announcement • Nov 27
El Al Israel Airlines Ltd., Annual General Meeting, Dec 31, 2025 El Al Israel Airlines Ltd., Annual General Meeting, Dec 31, 2025. Location: co. offices, Israel Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: US$0.36 (vs US$0.45 in 3Q 2024) Third quarter 2025 results: EPS: US$0.36. Revenue: US$1.07b (up 7.0% from 3Q 2024). Net income: US$198.6m (up 7.2% from 3Q 2024). Profit margin: 19% (in line with 3Q 2024). New Risk • Sep 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change). Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: US$0.12 (vs US$0.36 in 2Q 2024) Second quarter 2025 results: EPS: US$0.12 (down from US$0.36 in 2Q 2024). Revenue: US$776.6m (down 7.4% from 2Q 2024). Net income: US$61.9m (down 58% from 2Q 2024). Profit margin: 8.0% (down from 18% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 73% per year whereas the company’s share price has increased by 68% per year. Announcement • Aug 13
El Al Israel Airlines Ltd. to Report Q2, 2025 Results on Aug 27, 2025 El Al Israel Airlines Ltd. announced that they will report Q2, 2025 results on Aug 27, 2025 Reported Earnings • May 22
First quarter 2025 earnings released: EPS: US$0.19 (vs US$0.31 in 1Q 2024) First quarter 2025 results: EPS: US$0.19. Revenue: US$773.7m (up 4.8% from 1Q 2024). Net income: US$92.8m (up 17% from 1Q 2024). Profit margin: 12% (up from 11% in 1Q 2024). The increase in margin was driven by higher revenue. New Risk • May 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Announcement • May 11
El Al Israel Airlines Ltd. to Report Q1, 2025 Results on May 20, 2025 El Al Israel Airlines Ltd. announced that they will report Q1, 2025 results on May 20, 2025 Reported Earnings • Mar 13
Full year 2024 earnings released: EPS: US$1.44 (vs US$0.41 in FY 2023) Full year 2024 results: EPS: US$1.44 (up from US$0.41 in FY 2023). Revenue: US$3.43b (up 37% from FY 2023). Net income: US$541.4m (up 381% from FY 2023). Profit margin: 16% (up from 4.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 66% per year, which means it is significantly lagging earnings growth. Announcement • Mar 03
El Al Israel Airlines Ltd. to Report Q4, 2024 Results on Mar 11, 2025 El Al Israel Airlines Ltd. announced that they will report Q4, 2024 results on Mar 11, 2025 Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₪9.65, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 11x in the Airlines industry in Asia. Total returns to shareholders of 267% over the past three years. New Risk • Nov 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Israeli stocks, typically moving 7.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.5% average weekly change). Shareholders have been substantially diluted in the past year (104% increase in shares outstanding). Reported Earnings • Nov 23
Third quarter 2024 earnings released: EPS: US$0.45 (vs US$0.17 in 3Q 2023) Third quarter 2024 results: EPS: US$0.45 (up from US$0.17 in 3Q 2023). Revenue: US$1.00b (up 44% from 3Q 2023). Net income: US$185.2m (up 257% from 3Q 2023). Profit margin: 19% (up from 7.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth. Announcement • Nov 10
El Al Israel Airlines Ltd. to Report Q3, 2024 Results on Nov 20, 2024 El Al Israel Airlines Ltd. announced that they will report Q3, 2024 results on Nov 20, 2024 Announcement • Sep 26
El Al Israel Airlines Ltd., Annual General Meeting, Oct 30, 2024 El Al Israel Airlines Ltd., Annual General Meeting, Oct 30, 2024. Location: co. offices, Israel Announcement • Aug 21
El Al Israel Airlines Ltd., Annual General Meeting, Sep 19, 2024 El Al Israel Airlines Ltd., Annual General Meeting, Sep 19, 2024. Location: co. offices, Israel Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: US$0.36 (vs US$0.22 in 2Q 2023) Second quarter 2024 results: EPS: US$0.36 (up from US$0.22 in 2Q 2023). Revenue: US$839.1m (up 33% from 2Q 2023). Net income: US$146.6m (up 152% from 2Q 2023). Profit margin: 18% (up from 9.2% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Announcement • Aug 08
El Al Israel Airlines Ltd. to Report Q2, 2024 Results on Aug 15, 2024 El Al Israel Airlines Ltd. announced that they will report Q2, 2024 results on Aug 15, 2024 Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₪4.23, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 10x in the Airlines industry in Asia. Total returns to shareholders of 14% over the past three years. Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 1 highly experienced director. Deputy Chairman Kenneth Rosenberg was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 25
El Al Israel Airlines Ltd. to Report Q1, 2024 Results on May 29, 2024 El Al Israel Airlines Ltd. announced that they will report Q1, 2024 results on May 29, 2024 New Risk • Apr 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 83% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Negative equity (-US$209m). Shareholders have been substantially diluted in the past year (83% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change). Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₪5.32, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 9x in the Airlines industry in Asia. Total returns to shareholders of 38% over the past three years. New Risk • Mar 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Share price has been highly volatile over the past 3 months (8.4% average weekly change). Negative equity (-US$209m). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). Reported Earnings • Mar 04
Full year 2023 earnings released: EPS: US$0.41 (vs US$0.51 in FY 2022) Full year 2023 results: EPS: US$0.41. Revenue: US$2.50b (up 26% from FY 2022). Net income: US$112.6m (up 3.6% from FY 2022). Profit margin: 4.5% (down from 5.5% in FY 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₪5.22, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 9x in the Airlines industry in Asia. Total returns to shareholders of 45% over the past three years. New Risk • Feb 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Israeli stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Share price has been highly volatile over the past 3 months (7.9% average weekly change). Negative equity (-US$244m). Announcement • Feb 19
El Al Israel Airlines Ltd. to Report Q4, 2023 Results on Feb 29, 2024 El Al Israel Airlines Ltd. announced that they will report Q4, 2023 results on Feb 29, 2024 Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₪4.53, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 9x in the Airlines industry in Asia. Total returns to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₪3.28, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 9x in the Airlines industry in Asia. Total loss to shareholders of 23% over the past three years. Reported Earnings • Aug 11
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: US$629.8m (up 22% from 2Q 2022). Net income: US$58.2m (down 42% from 2Q 2022). Profit margin: 9.2% (down from 20% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Aug 08
El Al Israel Airlines Ltd. to Report Q2, 2023 Results on Aug 10, 2023 El Al Israel Airlines Ltd. announced that they will report Q2, 2023 results on Aug 10, 2023 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₪4.79, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 13x in the Airlines industry in Asia. Total returns to shareholders of 25% over the past three years. New Risk • Jun 15
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Negative equity (-US$374m). Minor Risk Large one-off items impacting financial results. Reported Earnings • May 27
First quarter 2023 earnings released First quarter 2023 results: Revenue: US$500.0m (up 77% from 1Q 2022). Net loss: US$36.5m (loss narrowed 45% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • May 26
El Al Israel Airlines Ltd. to Report Q1, 2023 Results on May 24, 2023 El Al Israel Airlines Ltd. announced that they will report Q1, 2023 results on May 24, 2023 Reported Earnings • Nov 25
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: US$625.9m (up 147% from 3Q 2021). Net income: US$66.8m (up US$203.0m from 3Q 2021). Profit margin: 11% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Nov 22
El Al Israel Airlines Ltd. to Report Q3, 2022 Results on Nov 23, 2022 El Al Israel Airlines Ltd. announced that they will report Q3, 2022 results on Nov 23, 2022 Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Outside Director Eyal Haimovsky is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 14
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: US$516.0m (up 132% from 2Q 2021). Net income: US$100.5m (up US$181.2m from 2Q 2021). Profit margin: 20% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Aug 11
El Al Israel Airlines Ltd. to Report Q2, 2022 Results on Aug 11, 2022 El Al Israel Airlines Ltd. announced that they will report Q2, 2022 results on Aug 11, 2022 Reported Earnings • May 22
First quarter 2022 earnings released First quarter 2022 results: Revenue: US$282.7m (up 142% from 1Q 2021). Net loss: US$66.4m (loss narrowed 23% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Announcement • May 15
El Al Israel Airlines Ltd. to Report Q1, 2022 Results on May 18, 2022 El Al Israel Airlines Ltd. announced that they will report Q1, 2022 results on May 18, 2022 Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 3 independent directors (7 non-independent directors). Independent Director Abraham Dotan was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 06
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: US$857.2m (up 38% from FY 2020). Net loss: US$413.0m (loss narrowed 22% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Announcement • Mar 01
El Al Israel Airlines Ltd. to Report Q4, 2021 Results on Mar 02, 2022 El Al Israel Airlines Ltd. announced that they will report Q4, 2021 results on Mar 02, 2022 Announcement • Feb 04
El Al Israel Airlines Ltd. (TASE:ELAL) entered into a non-binding memorandum of understanding to acquire Arkia Israeli Airlines Ltd. from Nakash Group Of America and other sellers for deal valued at approximately ILS 120 million. El Al Israel Airlines Ltd. (TASE:ELAL) entered into a non-binding memorandum of understanding to acquire Arkia Israeli Airlines Ltd. from Nakash Group Of America and other sellers for deal valued at approximately ILS 120 million on February 3, 2022. The deal is valued at approximately ILS 80 to 120 million, which will be paid in the form of 10%-14% stake in El Al through shares and options. Under the proposed deal, Arkia would become a fully-owned subsidiary of El Al. Arkia will continue operating as a separate brand with its own separate staff. The agreement must be approved by Arkia's employees, who have a 30% stake in the company, the Israel Competition Authority and the companies' labor unions. The companies hope to reach a binding agreement 30 days after a month of due diligence. After that they will have up to 150 days to complete the transaction. Announcement • Jan 29
El Al Israel Airlines Relaunches Boston to Tel Aviv Flights EL AL Israel Airlines has announced the return of their non-stop service from Boston’s Logan Airport to Ben Gurion in Tel Aviv. EL AL had operated this route from 2015 until mid-2020 when it halted the flight due to Covid-19. With international travel returning, and travel to Israel in great demand, relaunching the Boston route is a priority. This flight will service Boston as well as the entire New England region. Flights will begin on March 27, 2022, and will operate twice weekly, on Sundays and Thursdays from Terminal E at Logan. Prior to the pandemic, EL AL flew thousands of passengers from Boston to Tel Aviv annually. The route will be operated by EL AL’s new, Boeing 787 Dreamliner fleet which has three classes of service: Economy, Premium and Business. EL AL’s all-new, Boeing 787 Dreamliner features the latest and most modern amenities including Business Class with lie-flat seats, gourmet meals, an extensive choice of wines and beverages, as well as complimentary Wi-Fi for the duration of the flight. EL AL also offers a Premium Class with oversized, comfortable seats with extended legroom and all the amenities of Business Class. Passengers from outside of the Boston area can benefit from EL AL’s codeshare agreement with JetBlue which allows them to seamlessly travel from many cities such as Baltimore, Atlanta, Pittsburgh, Philadelphia and Washington to Tel Aviv via Boston, all the while collecting Matmid Frequent Flyer points. Reported Earnings • Nov 26
Third quarter 2021 earnings: Revenues in line with analyst expectations Third quarter 2021 results: Revenue: US$253.0m (up US$213.8m from 3Q 2020). Net loss: US$136.2m (loss narrowed 7.1% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance. Reported Earnings • May 26
First quarter 2021 earnings released The company reported a soft first quarter result with weaker revenues and control over costs, although losses reduced. First quarter 2021 results: Revenue: US$116.8m (down 64% from 1Q 2020). Net loss: US$86.1m (loss narrowed 38% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 27
Full year 2020 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$623.1m (down 71% from FY 2019). Net loss: US$531.0m (loss widened US$471.4m from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 15
New 90-day low: ₪0.63 The company is down 3.0% from its price of ₪0.65 on 17 November 2020. The Israeli market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Airlines industry, which is up 4.0% over the same period. Announcement • Oct 08
El Al Israel Airlines Ltd Announces Board Appointments Kanfei Nesharim, the holding company through which Eli Rozenberg controls El Al Israel Airlines Ltd. (TASE: ELAL), has announced six new candidates for the airline's board, and a new chairman, and wants to call an immediate shareholders meeting to approve them. Rozenberg's candidate for chairman is former Bank Leumi (TASE: LUMI) chairman and former Ministry of Finance director general David Brodet. The six candidates for the board are: Prof. Gabriela Shalev, a former Israeli Ambassador to the UN and former Bank Leumi director, who is a jurist currently serving as a member of the Higher Academic Council at Ono Academic College; Amikam Ben-Zvi, a former chairman of the Israel Standards Institution whose daughter heads Bank Leumi's risk management division; aviation executive Moti Engelman; Jason Greenblatt, the former US envoy to the Middle East; Doron Cohen, a former coordinator of staff in the Ministry of Finance's budget division and a former head of the Government Companies Authority, who is currently a director on the board of Harel and Champion Motors; Reem Aminoach, Head of the UHY Shtainmetz Aminoach & Co. and a reserve Brigadier General, and the husband of former Bank Leumi CEO Rakefet Russak-Aminonach. The deep rooted connections to El Al of the proposed new board indicates who might have been leading the deal. Announcement • Jul 17
El Al Israel Airlines Ltd Auditor Raises 'Going Concern' Doubt El Al Israel Airlines Ltd filed its Annual on May 14, 2020 for the period ending Dec 31, 2019. In this report its auditor, Brightman Almagor Zohar & Co, gave an unqualified opinion expressing doubt that the company can continue as a going concern. 
