El Al loses $19.7M in second quarter of 2011
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El Al Israel Airlines has reported it lost over $19.7 million in the second quarter of 2011, compared with a $43 million loss last quarter.
The company's revenues were about $14.8 million compared to last year's second quarter, a 5.6% increase adding up to $580 million. (Maayan Manela, Calcalist)
