El Al stock defies war de-escalation, keeps rising
The market believes that the delay in the return of foreign airlines to Israel is having a positive effect on El Al, especially on the profitable US routes
AN EL AL plane takes off at Ben-Gurion Airport. With major carriers reducing or suspending their services, passengers are left with few options, and El Al has become one of the few reliable choices, yet this reliability comes with a hefty price tag, the writer notes.(photo credit: YOSSI ALONI/FLASH90)ByNETANEL ARIEL/GLOBES/TNS
