El Al stock still rising despite return of foreign airlines
The understanding was that the return of foreign airlines would see El Al's share price fall 20% within a short time, but it completed a rise of 60% since the beginning of December 2024.
An Israeli flag is seen on the first of Israel's El Al Airlines order of 16 Boeing 787-9 Dreamliner jets, as it lands at Ben Gurion International Airport, near Tel Aviv(photo credit: REUTERS/AMIR COHEN)ByNETANEL ARIEL/GLOBES/TNS
