El Al Soars Amidst Israeli Tourism Crisis
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Despite a 19-month war significantly impacting tourism, El Al airline thrived, maximizing fares and reporting record profits. While other airlines initially ceased operations, El Al's persistence allowed it to dominate the market. However, increased competition is emerging as foreign carriers return, though at a slower pace than expected due to low incoming tourism. Some airlines, including Virgin Atlantic and Turkish Airlines, have permanently ceased flights to Israel, while others maintain reduced schedules. While El Al has lowered fares slightly, it remains the dominant player due to the ongoing conflict and lack of tourist arrivals.
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