The term 'Airline Launched in 1948' refers to the Israeli airline ELAL, which was founded in 1948. ELAL is an acronym for the Hebrew phrase 'El Al ISRAEL Airlines, ' and it is the national airline of ISRAEL. ELAL is the oldest airline in the world that is still operating under its original name. The airline has grown significantly since its inception, and now operates flights to over 50 destinations around the world.