TOURISM
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.
Iran operation pushes Israir to Q2 loss
Despite increasing its fleet of aircraft from seven to twelve and increasing revenue 54%, Israir reported a net loss of $10.4 million, compared with a net profit in the corresponding quarter of 2024.
Airfares for Israel's holidays are sky high
Despite the return to Israel of many foreign companies, the very high demand during the Tishrei holiday season is pushing up airfares to incredibly expensive levels, even for nearby destinations.
London loses its lustre for Israeli tourists
The UK has fallen from the fifth to ninth most popular destination for Israelis due to high airfares, deteriorating relations and pro-Palestinian demonstrations. At least airfares are set to fall.