Font Size: A A A
Go to:
×
More in Air Transport: Airlines | Airports
Voyage Search
General Shipping Search
Please select a port in Israel
Please select a port overseas
Exports from Israel
Imports to Israel
Tools & Calculators
Currencies
Update date: 02.04.2020
Currency Rate % Change
USD 3.556 -0.252
EUR 3.8899 -0.267
GBP 4.3999 +0.03
100 JPY 3.3056 +0.817
Currency calculator
Calculators
length area vol. weight
cm
m
km
inch
foot
yard
mile
Clear
square cm
square m
square km
square inch
square yard
square mile
Clear
cc
litre
cubic m
cubic inch
cubic yard
gallon
Clear
kg
short ton
long ton
lb
oz
Clear
Volume Weight Calculator
Ports' Workplan

El Al to increase air fares & fuel surcharges

The company explained that various of its inputs went up in price, including jet fuel but also other products
25.02.08 / 00:00
El Al to increase air fares & fuel surcharges
25.02.08
El Al to increase air fares & fuel surcharges

The company explained that various of its inputs went up in price, including jet fuel but also other products
 
El Al Israel Airlines announced last Tuesday it was increasing fares by 3.5% due to the weak dollar and increasingly high jet oil prices.
 
The company explained that various of its inputs went up in price, including jet fuel but also other products, because of the weakness of the dollar in world markets.
 
The Israeli carrier said in a statement that fuel surcharges would also be increased by between USD$5 for short haul flights and USD$16 for long haul routes, effective February 26. Fuel is one of the airline's major expenses. At the same time, much of El Al's expenses are in shekels while revenue is largely in dollars.
 
The carrier's statement noted that the Israeli Shekel had so far appreciated by about 7% against the US currency to near a 10 year peak after a 10% gain last year.
 
El Al raised on January 1 this year ticket prices by at least 4% to compensate for the weak dollar against the shekel.
 
This will be the sixth price increase for El Al since April 2007.
 

 

×