EL AL reports first quarter 2014 results

El Al’s revenues for the first quarter of 2014 aggregated $415.4m, compared to $431.0m during the equivalent quarter in the previous year. The loss for the first quarter aggregated $39.7m, compared to a loss of $32.5m during the equivalent quarter in the previous year. The company’s cash flows from operating activities for the quarter aggregated $75.8m compared to $80.5m during the equivalent quarter in the previous year. The company’s cash balances and deposits at the end of the first quarter of 2014, aggregated $132.5m compared to $93.4m at the end of the equivalent quarter in the previous year.