El Al raises fares due to higher fuel costs

3/11/2011 9:47:17 AM

El Al Israel Airlines has announced that beginning on April 1 air fares will rise significantly due to the higher cost of fuel.   Fares will rise by US$22- US$45, depending on the destination. Fares will rise by US$22 on short and medium-haul flights and by US$45 on long-haul flights.   Brent crude has reached US$114.50 per barrel and is up more than 10% this month. It had hit a 29-month high of US$120 a barrel earlier in February.   Port2Port

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