TOURISM
El Al VP: There is imbalance between supply and demand
Even though foreign airlines are returning to Israel, El Al VP Nadav Hanin told the Globes Israel Business Conference that even though the local aviation industry has begun to stabilize, global problems will negatively affect Israel.
El Al again reports record profits
The higher profit in the third quarter was achieved despite the return of foreign airlines to Ben Gurion airport and the reduction of El Al's market share in passenger traffic.
Five airlines resuming Israel flights
The new situation provides an exceptional opportunity in terms of low fares for flexible travelers who are willing to fly to and from Israel right now.
Ryanair refuses to renew Israel flights
The airline is disgruntled by the Israel Airports Authority’s refusal to confirm Ryanair’s ‘historic’ slots for summer 2026 and its refusal to guarantee that Terminal 1 will remain open.
Navan files prospectus for Nasdaq IPO
The travel booking company's most recent financing round was in 2022 at a valuation of $9.2 billion, according to PitchBook, but the company may have to settle for a lower valuation in its IPO.