Business Services Industry

Civil Aviation loss. (Civil Aviation Authority)

Israel Business Today, February, 1992

The Civil Aviation Authority registered a loss of NIS 13.48 million for the financial year April 1990 through March 1991. This compares with a profit of NIS 7.623 million for the 1989/90 financial year. Income for the period declined by NIS 33 million due mainly to the GulfWar and the preceding months when air traffic was at a minimum.

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