El Al's punctuality ranking remains woeful

El Al Boeing 787 Dreamliner  photo: PR
El Al Boeing 787 Dreamliner photo: PR

El Al's punctuality was ranked 39 among 42 airlines in August and 41 among 43 airlines in July, Flightstats reports.

The most punctual airline in August was LATAM Airlines, according to a report on the Flightstats website, based on 1.35 million flights worldwide in August. Flightstats monitors information and data from airports and airlines all over the world. LATHAM is a South American airline that also operates flights between Israel and Santiago, the capital of Chile, with a stopover in Sao Paolo, Brazil. The report compared with actual landing time with the original timetable, with a late flight being defined as the actual landing time being at least 15 minutes later than the scheduled landing time. In second place in punctuality after LATAM was Russian airline Aeroflot, which also operates from Israel, followed by Singapore Airlines, which unfortunately does not fly to Israel, in third place.

El Al Israel Airlines Ltd. (TASE: ELAL) was in 39th place among the 42 rated airlines, with 39% of its flights being late and an average delay of 51 minutes. El Al's passenger traffic in all directions totaled 640,000 passengers in August. Only three airlines were rated lower than El Al in punctuality: EgyptAir, Saudia, and TAP Air Portugal in last place.

El Al's performance in July was even worse. The most punctual airline in July was Aeroflot, followed by LATHAM and Japanese airline All Nippon Airways (ANA) in third. El Al's rating in July was 41 among 43 rated airlines. El Al flew 633,000 passengers in July.

The aggregate global proportion of late flights in August was 23%, and the average delay was 58 minutes. Passengers in such cases must put up with the delay, because under civil aviation law, passengers are entitled to compensation only for delays at least three hours on flights from Europe, or flights by a European airline taking off from any airport.

European Union law stipulates €250 in compensation for a late flight of up to 1,500 kilometers, €400 for a late flight of 1,500-3,500 kilometers, and €600 for a late flight of over 3,500 kilometers. Israel law is more forgiving toward airlines and less considerate of passengers: compensation is mandated only for flight delays of eight hours or longer. Compensation depends on the length of the flight: NIS 1,300 for late flights of up to 2,000 kilometers, NIS 2,060 for late flights of 2,000-4,500 kilometers, and NIS 3,100 for a late flight of over 4,500 kilometers.

Published by Globes, Israel business news - en.globes.co.il - on September 11, 2019

© Copyright of Globes Publisher Itonut (1983) Ltd. 2019

El Al Boeing 787 Dreamliner  photo: PR
El Al Boeing 787 Dreamliner photo: PR
Unframe founders credit: Yossi Yarom Israeli AI enterprise platform co Unframe raises $50m

Unframe’s turnkey AI solutions enable companies to solve any enterprise AI use case at scale with fully functional, customized AI solutions for businesses in a matter of hours, rather than months.

Combatica credit: Combatica Combatica launches next-gen VR AI training platform

The Israeli company's virtual reality platform includes 50 AI generated scenarios, seven maps and even situations for operating night vision.

Shekel credit: Shutterstock Vladirina 32 Shekel volatility after US tariffs announcement

The shekel is weakening sharply against the euro, which is gaining following the unveiling of Donald Trump's tariffs plan.

Minister of Finance Bezalel Smotrich credit: Noam Moskovitz Knesset Spokesperson Treasury assesses potential damage to Israel's US exports

Israel will be charged a higher tariff on its exports to the US - its biggest export customer - than Turkey and the UAE.

Iranian flag credit: Shutterstock Why inflation haunts Iran

With a month-on-month increase of 3.3% and an annual rate of 37.1%, inflation reflects the struggles of millions of Iranians.

APM merges with lawyers from Doron, Tikotzky Kantor, Gutman credit: Eyal Merilos APM merges with 12 lawyers from Doron, Tikotzky Kantor, Gutman

With the addition of these 12 lawyers, Amit Pollak Matalon & Co. will now have 135 lawyers.

US President Donald Trump credit: Reuters Sipa USA Israel on list as Trump unveils tariffs

Relatively low reciprocal tariffs will be imposed on Israeli goods sold in the US.

Deflated unicorn credit: Shutterstock Big Tech 50 reports more huge falls in startup valuations

Israeli R&D partnership Big Tech 50 reports that an investment of $2 million in Orcam made in 2021, shrank to just $31,000 at the end of 2024.

NextFerm technologies based on yeast credit: NextFerm Food-tech co NextFerm suspends operations

The company, which produces food ingredients in yeast without genetic engineering, cannot pay its debts and is seeking a buyer.

Minister of Finance Bezalel Smotrich credit: Shlomi Yosef OECD sees recovery in growth but high inflation

The OECD Israel Economic Survey 2025 recommends that the Israeli government take several restraining measures, in order to exit the economic storm created by the war.

Dano Ben-Hur credit: Dror Sithakol Statisticians contradict BoI on impact of housing finance deals

The Central Bureau of Statistics insists the impact of 20/80 buy now pay later financing deals on the real estate market and housing prices is minimal.

Governor of the Bank of Israel Amir Yaron  credit: Government Press Office Debt fears top Bank of Israel's concerns

Most unusually, Governor of the Bank of Israel Amir Yaron's press conference last week did not focus on inflation and the impending interest rate decision.

US President Donald Trump  credit: Reuters/Leah Millis Israel moves to avoid Trump's tariffs axe

Minister of Finance Bezalel Smotrich has signed an order canceling all tariffs on imports from the US. The impact will mostly be on agricultural produce.

Forbes Rich List credit: Shutterstock Maslowski Marcin Wiz founders ranked in Forbes 2025 Rich List

There are a few dozen Israelis listed in the 2025 Forbes Real-Time Billionaires List including Wiz founders Assaf Rappaport, Yinon Costica, Roy Reznik and Ami Luttwak.

SatixFy CEO Nir Barkan credit: Ariel Barkan Canada's MDA Space to buy Israeli satcom co SatixFy

MDA Space will pay $269 million for the Israeli company, including taking on a $76 million debt and a 75% premium on SatixFy's closing price on Nasdaq yesterday.

Raising dollars credit: Shutterstock Israeli startups raised over $1b in March

Israeli privately-held tech companies have raised $2.1 billion in the first three months of 2025, according to IVC-LeumiTech, up 24% from the corresponding quarter of 2024.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018