The first year that El Al turned a profit was 1960. That year, more than 50 percent of the passengers flying into Israel arrived on El Al flights. On 15 June 1961, the airline set a world record for the longest non-stop commercial flight: an El Al Boeing 707 flew from New York to Tel Aviv, covering in 9 hours and 33 minutes. By this time, El Al was carrying 56,000 passengers a year—on a par with Qantas and ahead of established airlines like Loftleiðir. In 1961, El Al ranked 35th in the world in accumulated passenger distance. El Al's success continued into the late 1960s. In 1968, regular flights to Bucharest were inaugurated, and cargo flights began to Europe and the United States. The airline also established a catering subsidiary, Teshet Tourism, and Aviation Services Ltd. All these ventures brought in a profit of $2 million that year.
The first year that El Al turned a profit was 1960. That year, more than 50 percent of the passengers flying into Israel arrived on El Al flights. On 15 June 1961, the airline set a world record for the longest non-stop commercial flight: an El Al Boeing 707 flew from New York to Tel Aviv, covering in 9 hours and 33 minutes. By this time, El Al was carrying 56,000 passengers a year—on a par with Qantas and ahead of established airlines like Loftleiðir. In 1961, El Al ranked 35th in the world in accumulated passenger distance. El Al's success continued into the late 1960s. In 1968, regular flights to Bucharest were inaugurated, and cargo flights began to Europe and the United States. The airline also established a catering subsidiary, Teshet Tourism, and Aviation Services Ltd. All these ventures brought in a profit of $2 million that year.