The Israel Competition Authority announced its intention to fine El Al Israel Airlines 121 million shekels (approximately $39 million) for imposing excessive and unfair airfare during the ongoing war in Gaza. This fine, which is the maximum permissible under Israeli law, comes amid scrutiny of the airline’s pricing practices from October 7, 2023, to May 2024, a period during which El Al was reported to have monopolistic control on 38 out of the 53 routes it operated.

Investigations by the Competition Authority revealed a significant average increase of 16% in ticket prices, with some fares surging by as much as 31%. The findings indicated that as many foreign airlines ceased operations because of the conflict, El Al effectively maintained considerable market power. This situation raised concerns about the airline exploiting its position during a crisis when demand for travel remained high and alternatives were limited.

El Al has categorically rejected the allegations, asserting that their pricing did not reflect monopolistic behavior. The controversy surrounding the airline's business practices during a time of national crisis highlights critical issues about consumer protection and market competition in Israel, particularly when essential services are involved. As the regulatory body moves towards enforcing the fine, it may set a precedent for how airline pricing is monitored in times of conflict and could impact the future operations of El Al and similar carriers.