In 2012, El Al operated an all-Boeing fleet of 42 aircraft, flying over 4 million passengers, and employed a staff of 6,056 globally. The company's revenues for 2016 were $2,040 million, with losses of $81 million, compared to a profit of $57 million in 2010. In 2018, the company's revenue was $7.7 billion with a net loss of $187.55 million. In July 2020, having lost hundreds of millions of dollars due to grounded flights and layoffs as a result of the COVID-19 pandemic in Israel and abroad, the company reached a bailout deal with the government, and a private buyer purchased a controlling stake (42.85%) in September of that year, with the government purchasing any unwanted shares (15%).