TOURISM

The Israeli airlines plan to compete with El Al and cut fares by leasing planes but are demanding an amendment to the law on compensation for canceled flights.

Air France has extended its cancelations of all Israel flights until November 26 and Italian carrier ITA has extended its cancelations until January 13, 2025.

The airlines want the legal requirement to compensate passengers for canceled flights suspended during the current state of emergency.

"Globes" examines the viability of Israel's tech protest organization operating an airline, with leased planes and crews, to break El Al's monopoly.

There are now concerns that American Airlines decision will spark a new trend of flight suspensions well into 2025.

El Al's 555 pilots will each receive an average bonus of $67,500 this year, as the airline makes record profits due to lack of competition.

The airline says it has abandoned the plan due to the short time schedule set by Isracard for any deal.

Centrum Air now plans to start flying between Tashkent and Tel Aviv on November 21.

Israel Airports Authority (IAA) has announced that Terminal 1 at Ben Gurion airport will close this Friday until the end of March 2025.

Delta Air Lines has suspended Israel operations until the end of March 2025.

British Airways joins a long list of carriers including easyJet, Wizz Air, Virgin Atlantic, and Delta Air lines that won't be resuming flights in 2024.

The Israeli airline is offering to buy a 45% stake in the credit card company at a valuation of NIS 3.1 billion.

Last month the low-cost carrier had the biggest share of passengers passing through Ben Gurion airport after the Israeli airlines.

Some passengers paid just $60 for tickets, which should make the new airline very attractive for Israelis stranded abroad, but seasonal demand is below expectations.

New Israeli airline Air Haifa operated its first international flight this morning between Ben Gurion airport and Larnaca in Cyprus.

European airlines are reluctant to resume flights to Tel Aviv because insurance companies won't provide coverage or charge high premiums.

Many European airlines such as Wizz Air and Aegean are likely to renew flights to Israel in the coming few days.

The golden share is a regulatory tool allowing the state to make strategically important decisions in privatized companies in extreme situations.

The EU has reaffirmed its recommendation to airlines not to fly to Israel as European carriers extend cancelations.

Romanian capital Bucharest stands out with tickets available to Israel on three different airlines.

The European Union Aviation Safety Agency's recommendation is initially valid until October 31.

The Haifa-based carrier had planned operating flights from Haifa airport but due to the escalation in the north, flights until Yom Kippur will depart and arrive at Ben Gurion airport.

As foreign airlines cancel flights to Israel, the cheapest El Al return ticket to New York costs $7,000, while Europe and Bangkok are also very expensive.

Lufthansa Group suspended flights last night, and three additional  airlines have done so today.

Israel Canada will merge Brown Hotels and Israel Canada Hotels into its DNA Group TASE shell company.

Air France and Lufthansa Group are among the airlines that have canceled flights after Hezbollah blamed Israel for the beeper explosions in Lebanon.

CEO Rafael Museri and chief growth officer Daniel Rudasevski have stepped down from their management positions.

Eyal Siman-Tov admitted charging exorbitant fares, and lying about the value of coins and bills.

Burdened by debt and hard hit by the war, the chain seeks an investor, and the suitors are lining up.

With its regular connections between London and New York, Virgin Atlantic will be hoping to capture market share from El Al, which has a monopoly on direct flights between Tel Aviv and New York.