El Al's market share plummets by 11%
Due to the surge in foreign companies' activity in January and April, El Al recorded an increase in passenger numbers of only 6.53%, despite a 20% increase in the total number of passengers going through Ben Gurion Airport.
The report shows that about 5.26 million passengers passed through Ben-Gurion Airport this January-April, an increase of 20 percent compared to January-April 2016.
Since the increase in the number of El Al passengers during this period was only 6.53 percent, its market share fell from 34.68% to 30.78%. In April alone, the overall increase in the number of passengers going through Ben Gurion Airport was about 26%, and the increase in El Al was 5.63%. Its market share fell from 33.04% in April 2016 to 27.7%, about 16% less.
El Al attributed the decline in the market share to new companies entering the Israel flight industry, and existing companies having increased their activity.
The report showed that Turkish Airlines retained its position as a company that flew more passengers than any other foreign airline, followed by easyJet, Aeroflot, Lufthansa, Ukraine, Wizz Air, United, Israir and Pegasus.
The most active destination was Turkey. In Russia, too, many passengers take advantage of the low prices of Aeroflot for subsequent flights to East Asia, Europe and North America.
The peak of activity between Ben Gurion Airport and other airports was to Istanbul, followed by New York, Paris, London and Moscow.
(Translated and edited by N. Elias)
