Travel

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,...

According the Central Bureau of Statistics, the number of visitors to Israel this past year came to 4.9 million; representing a 12% increase. 4.6 million were regular tourists (a rise of 10.5%) and 353,000 were day visitors (passing through on ships, or...

Zim reported the following second quarter results — Financial and Operating Highlights for the Three Months, Ending June 30, 2019: Total revenues were $834.3 million compared to $803.2 million in Q2 2018, a 3.9% increase. ZIM...

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...

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...

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...

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...

Rendering of hotel Hilton International announced it has signed a contract to operate the new Hotel Swell being built on the Ashdod beach. The Swell will have 84 rooms with a pool on the roof. It will be located to the north of...

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...