Zim experienced a challenging quarter. Its overall fright carried dropped 4.3%. However, in light of an increase in freight charges, Zim revenue actually rose by 6%. Offsetting the increase in revenue, was the rising price of oil, which caused the company’s losses...
El Al announces plans to expand its partnership with Viasat in order to provide high speed internet to all of its planes. Currently, El Al’s new 787 Dreamliners are equipped with the Viasat system. El Al will now install the system in...
On Sunday evening, Prime Minister Netanyahu made the final decision to close Sde Dov Airport. The decision to abolish the airfield, located inside Tel Aviv along the beach, was vehemently opposed by the people of Eilat, as well as, by the Tel...
Arkia has added a number of international destination to its winter flight schedule. The company will fly twice weekly to Rome, Prague, Athens, as well as, to Goa and Chochin in India. With the closing of Tel Aviv’s Sde Dov Airfield, Arkia...
EL Al managed to turn a minimal profit during the second quarter of 2019, reporting profits/of $84,000, after losing $18 million in Q1 of 2018. While El Al dropped to carrying 25.7% of the passengers in and out of Ben Gurion Airport,...
El Al reported quarterly results for the third quarter this past week, as a result of which, the airline's stock dropped. The stock market viewed the decline in profits for Q3 (typically El Al's most profitable quarter) and sold off the airline's...
THE CITY OF EILAT. IN THE PHOTO, GENERAL VIEW OF THE MARINA AND THE HOTELS.
העיר אילת. בצילום, מראה כללי של המרינה והמלונות בעיר.
In June 2019, a record 365,000 tourist entered Israel. This represents an increase of 17.7% from one of 2018....
El Al, Israel Airlines, is in serious difficulty, after a year and a half of pandemic. The Israeli government has put far more restrictions on air travel than almost any government, except for Australia and New Zealand. Moreover, the government or, more...
American Airlines plans to return to Israel. After its merger with US Air, American flew to Israel for a brief period, after acquiring US Air’s Philadelphia-Tel Aviv route; a route which American terminated soon after the merger. American announced its new destinations...
Hotel booking platform Splitty announced that it has raised $6.75 million in a series A round of funding led by Fosun RZ Capital, the VC investment arm of Fosun International. 2bAngels, Techstars Ventures, Cockpit Innovation and 11-11 ventures also participated, enabling Splitty...
