According to its second quarter financials report, the company's loss in April-June reached about 105 million dollars, compared to a 100-million-dollar profit in the second quarter of 2019.
The report also shows that the company's revenues fell in the second quarter by 74 percent to about 151 million dollars, compared to about 584 million dollars in the same period last year.
El Al's revenue in the first half of 2020 fell to 472 million dollars, compared to about one billion dollars in the first half of 2019, down 53 percent.
Due to the coronavirus crisis, El Al planes were grounded in March, and over 6,000 workers were put on unpaid leaves.
Accordingly, the company ended the first quarter of 2020 with a 140-million-dollar loss.
In mid-August, El Al announced that it has extended flight suspension until September 30 due to the continued restrictions on arriving passengers from most countries.
The company made the decision even though Israel recently began to gradually open its skies to international flights as part of easing the strict restrictions imposed for months to curb the spread of COVID-19 pandemic.
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