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...
Main Bar When the average visitor to Tel Aviv thinks about hotels, he or she generally envisions the long row of hotels that lines the beach. The Tel Aviv shoreline is home to a full compliment of well-known chains: Hilton, Sheraton, Dan, Crowne...
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...
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...
787 Arriving to El Al El Al had its worst quarter ever, losing $55 million. The company’s monumental loss is attributed to a number of factors, the most significant of which, is a drop in passengers.  El Al’s income dropped to $429 million...
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...
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 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,...
The Turkish Airline, Corendon plans to increase its service to Ben Gurion Airport.  The airline will operate a weekly flight to Cologne, to Nuremberg, as well as flights to the island of Corfu, Perugia Italy, and Sofia Bulgaria. Corendon operates two hubs...
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...