Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Israel's El Al restores Boeing 777s to service amid rebound in travel demand

Published 07/24/2022, 10:40 AM
Updated 07/24/2022, 10:46 AM
© Reuters. FILE PHOTO: An El Al airlines plane is seen after its landing at Nice airport, France, April 4, 2019.    REUTERS/Eric Gaillard

JERUSALEM (Reuters) - Israeli airline El Al said on Sunday it was returning Boeing (NYSE:BA) 777-200ER aircraft to its fleet to meet high travel demand during the summer.

Israel's flag carrier sidelined six 777s at the outset of the COVID-19 crisis when it halted all flights between March and September 2020 amid plunging demand. Its aging 747s had already been retired and replaced by 15 new Dreamliner 787 aircraft on long haul routes to North America and Asia.

The airline has six 777 planes with an average age of nearly two decades and said it would return some of them to service for its routes to Bangkok, Phuket, Athens and Dubai -- destinations it said are in demand.

"The return of the planes will make it possible to expand the flight schedule in the peak season and even allow additional destinations," El Al said.

It added that the aircraft, some of which were used on cargo routes, have passed all tests and adjustments needed to return to the skies.

According to Tel Aviv's Ben-Gurion Airport data, the number of passengers on El Al rose 151% in June over June 2021. Over the first half of 2022, 1.6 million passengers flew El Al, up from 400,000 a year earlier.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.