IAI unveils PM, presidential plane ahead of test flight

IAI Presidential plane  / Photo: Alon Ron
IAI Presidential plane / Photo: Alon Ron

Israel Aerospace has converted a Boeing 767-300 into a plane designed for heads of state at a cost of over NIS 700 million.

Israel Aerospace Industries (IAI) is unveiling its heads of state jet. In the coming days, a Boeing 767-300 that was converted over the past three years by IAI's Aviation Group into an airplane for transporting prime ministers and presidents will make its first test flight. The cost of converting the plane, which took place in great secrecy, was estimated at over NIS 700 million.

IAI said today that the plane would be able to fly directly without intermediate stops to China and Japan in the Far East and the US and Brazil in the west. Advanced encoded communications systems are installed on the aircraft in order to enable a president or prime minister to maintain continuous contact with various parties when the plane is airborne and far from the country's borders. IAI adds that the plane meets all of the difficult security requirements dictated by the nature of its mission.

The test flights scheduled for the aircraft are designed to complete its lengthy conversion process. IAI is one of the few companies in the world capable of designing, developing, converting, and providing armored protection for airplanes. The company's Aviation Group, headed by Yossi Melamed, is responsible for this activity. "The aircraft's configuration and technology highlight the unique technological capability of the Aviation Group's specialists and employees. Some of this business consists of converting old passenger planes into different configurations, such as airborne refueling, cargo, and intelligence planes," IAI stated.

"The new heads of state plane contains sophisticated systems designed, manufactured, and assembled at IAI to enable it to serve heads of state in the coming decades," IAI added.

Published by Globes, Israel business news - en.globes.co.il - on October 31, 2019

© Copyright of Globes Publisher Itonut (1983) Ltd. 2019

IAI Presidential plane  / Photo: Alon Ron
IAI Presidential plane / Photo: Alon Ron
Nvidia VP Ali Kani credit: Nvidia Nvidia intensifies efforts to compete with Mobileye

"Globes" talks to Nvidia VP and automotive team head Ali Kani about the chipmaker's autonomous vehicle activities and assesses the threat to Mobileye.

Fitch ratings agency credit: Shutterstock Fitch reaffirms Israel's A rating with negative outlook

The ratings agency said, "The negative outlook reflects rising public debt, domestic political and governance challenges and uncertain prospects for the conflict in Gaza."

Tamar rig credit: PR Sovereign Wealth Fund earned handsome returns in 2024

Israel's Sovereign Wealth Fund, known as the Citizens' Fund, had assets worth about $2 billion at the end of 2024, the Ministry of Finance reports.

Fencing goes up Petah Tikva's Segula neighborhood  credit: NTA Work on Metro to begin in Petah Tikva

The first work on the Tel Aviv Metropolitan underground railways system will begin on the M2 line depot in Petah Tikva.

Startups credit: Shutterstock/NicoElNino IVC-LeumiTech: Tech fund raising jumps 24% in Q1

Israeli privately-held tech companies raised $2.13 billion in the first quarter of 2025, up 24% from the corresponding quarter of 2024, but down 12% from the preceding quarter.

Miri Regev and Yitzhak Rochberger credit: Yediot Ahronot/ Reuven Kapuchinsky and Amit Shabi Ramat Hasharon wants railway station for the Mossad

Ramat Hasharon is pushing for a station in Glilot neat the Mossad headquarters, even though a new station is also planned for Glilot South, 1.6 kilometers away.

Prime Minister Benjamin Netanyahu credit: Reuven Kastro Police call Netanyahu for testimony as aides arrested

Jonatan Urich and Eli Feldstein are being held over alleged payments received from Qatar while working in the prime minister's bureau.

Highcon chairperson Shlomo Nimrodi  credit: PR Packaging tech co Highcon winding down

The company, which numbers Benny Landa and JVP among its investors, is laying off most of its workforce, having lost 99.9% of its value since its flotation.

MK Almog Cohen  credit: Danny Shem-Tov, Knesset Spokesperson's Office Netanyahu halts Nevatim airport bill

Legislation mandating construction of an airport at Nevatim, near Beersheva, is ready for final Knesset approval, but the prime minister blocked it after a security cabinet meeting.

Big banks CEOs credit: Oren Dai, Jonthan Bloom and Israel Hadari Israeli banks unveil NIS 3b customer benefits package

The benefits over two years meet the target set by the Bank of Israel to ease the burden for customers, while the banks are reporting record profits.

Eilat's old airport Photo: Shutterstock Building set to begin on former Eilat airport land

2,469 housing units will be built as well as 2,776 hotel rooms, 88,000 square meters of office space and 95,000 square meters of commercial space.

Gas station in Israel credit: Tali Bogdanovsky Gasoline prices in Israel to rise Monday night

The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise on Monday at midnight April 1, 2025, by NIS 0.08 per liter to NIS 7.31 per liter.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Givatayim, Ra'anana, Modiin-Maccabim-Reut, Gedera, Kiryat Shemona and Ashkelon.

Fencing goes up Petah Tikva's Segula neighborhood  credit: NTA The Metro is really happening

Although there are skeptics who doubt that the project will ever be realized, there are now enough signs on the ground to indicate that they are probably wrong.

Ben Gurion airport Terminal 1 credit: Shutterstock Ben Gurion airport's Terminal 1 reopens

Terminal 1 at Ben Gurion airport reopened yesterday to domestic flights, while international flights will start using the terminal from Sunday, March 30.

Minister of Interior Moshe Arbel credit: Cadya Levy Interior Minister: There is no deep state in Israel

Minister of Interior Moshe Arbel told the Globes Services conference that civil servants are dedicated employees who serve the public.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018