No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, January 9, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Wizz Air CEO: We’ll open Israel hub in April

by TheAdviserMagazine
1 month ago
in Business
Reading Time: 3 mins read
A A
Wizz Air CEO: We’ll open Israel hub in April
Share on FacebookShare on TwitterShare on LInkedIn


In a joint declaration with Minister of Transport Miri Regev, Wizz Air CEO Jozsef Varadi announced the establishment of a Wizz Air hub in Israel in April 2026. This will be a dramatic boost to competition in aviation in Israel. The Histadrut (General Federation of Labor in Israel) is intervening on behalf of the unions at the Israeli airlines to prevent the move, but it appears that it will nevertheless come to fruition. El Al’s share price is currently down by more than 6% in the wake of the declaration.

“We are acting on all channels to bring down the cost of living,” Regev said. “The open skies reform has proved successful, and maintained the strength of the Israeli airlines, led to lower fares, and offered more destinations to the Israel public.” She added that although the Israeli airlines had continued flying during emergencies, they had exploited the shortage of flights to gouge prices “and that is unacceptable.”

“One of the aims of any government is to ensure low air fares,” Varadi said. “We can add value and create a low-cost alternative for people who want to travel. We are fully committed to proceeding with this and actually setting up the hub in Israel.” Varadi said that his company wanted to start operations “as soon as possible” and even as early as next March or April. “We want to appear as your business partner, as a corporate citizen involved in Israel,” he said.

Regev said that several issues had arisen in the talks with the Wizz Air CEO. One of them was the use of Eilat’s Ramon Airport, which the government wishes to encourage, and it appears that that matter has not been completely resolved. “The professional teams will continue to bridge the gaps in regulation, and we shall hold another meeting in January,” Regev said. In other words, it is possible that Wizz Air will divide its activity between Ben Gurion Airport and Ramon Airport, but it is not yet clear how.

The main gap between the sides is over Wizz Air’s demand to exercise what is known as the seventh freedom of the air, which is the right to fly directly between two destinations outside an airline’s home country.

Wizz Air, which is registered in Hungary, sought to operate flights from Israel to Europe, and there is no problem with that. The problems started when the airline realized that these flights would not be sufficient for it, and sought to operate flights from Israel to countries outside the EU, in the Balkans and later on to the UAE as well.





RELATED ARTICLES




Wizz Air steps back from Israel hub plan


Wizz Air uncompromising on demands for Israel hub


Wizz Air’s resumption of Israel flights helps cut fares


Ryanair refuses to renew Israel flights






Israeli officials are divided on this demand. It will have a significant negative impact on the Israeli airlines, since Wizz Air will in effect be able to operate like an Israeli airline but without Israeli regulation that mandates security arrangements, collective labor agreements, and so on.

Meanwhile, Eyal Yadin, who is responsible for transport at the Histadrut, has written to Regev saying, “I wish to inform you that the aviation workers will not stand aside when their livelihoods and the futures of their families are thrown into the waste basket in a hasty move carried out at a time and in a fashion that raise questions. Unless a dialogue is conducted with the workers’ representatives, before promises and commitments are made that could have a severe impact on their future, further progress with the move is liable to encounter difficulties. In order to avoid unnecessary embarrassment I suggest postponing the meeting until matters are settled vis-à-vis the representative body of the aviation sector workers, as they should be.”

Published by Globes, Israel business news – en.globes.co.il – on November 27, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: airAprilCEOhubIsraelOpenWizz
ShareTweetShare
Previous Post

$BEST wkracza na MEXC! Handel startuje już 28 listopada

Next Post

The Afghan national suspected of shooting National Guard members blocks from the White House previously worked with the CIA

Related Posts

edit post
Former White House advisor on the real reason your health care costs are going up: Medicare’s doctor pay gap

Former White House advisor on the real reason your health care costs are going up: Medicare’s doctor pay gap

by TheAdviserMagazine
January 9, 2026
0

America’s doctors are rapidly disappearing into hospital systems. And government distortions, through Medicare’s payment rules, are a big reason why....

edit post
European stocks edge up as Glencore boosts STOXX 600

European stocks edge up as Glencore boosts STOXX 600

by TheAdviserMagazine
January 9, 2026
0

European shares opened higher on Friday, lifted by an 8% jump in Glencore that ‌put the ‌STOXX 600 on track...

edit post
US market breadth signals underlying strength amid global uncertainty: Arvind Sanger

US market breadth signals underlying strength amid global uncertainty: Arvind Sanger

by TheAdviserMagazine
January 9, 2026
0

Despite persistent geopolitical and policy-related uncertainties, US equity markets continue to display surprising resilience, driven by a broadening rally beyond...

edit post
Singapore-based startup founder Anand Roy thinks generative AI can help fix a broken music sector

Singapore-based startup founder Anand Roy thinks generative AI can help fix a broken music sector

by TheAdviserMagazine
January 8, 2026
0

For Anand Roy, making music used to mean jamming with his progressive rock band based out of Bangalore. Today, the...

edit post
Wall Street ends mixed as tech dips, defense stocks rally

Wall Street ends mixed as tech dips, defense stocks rally

by TheAdviserMagazine
January 8, 2026
0

Wall Street ended mixed on Thursday, as Nvidia and other technology stocks dipped, while defense companies advanced after President Donald...

edit post
Tennessee theater professor reinstated, with 0,000 settlement, after losing his job over a Charlie Kirk-related social media post

Tennessee theater professor reinstated, with $500,000 settlement, after losing his job over a Charlie Kirk-related social media post

by TheAdviserMagazine
January 8, 2026
0

Austin Peay State University has reinstated a professor who was fired for his social media post after the killing of conservative...

Next Post
edit post
The Afghan national suspected of shooting National Guard members blocks from the White House previously worked with the CIA

The Afghan national suspected of shooting National Guard members blocks from the White House previously worked with the CIA

edit post
*HOT* NCAA Pullovers, Sweatshirts, & Hoodies as low as .79!

*HOT* NCAA Pullovers, Sweatshirts, & Hoodies as low as $10.79!

  • Trending
  • Comments
  • Latest
edit post
80-year-old Home Depot rival shuts down location, no bankruptcy

80-year-old Home Depot rival shuts down location, no bankruptcy

January 4, 2026
edit post
In an Ohio Suburb, Sprawl Is Being Transformed Into Walkable Neighborhoods

In an Ohio Suburb, Sprawl Is Being Transformed Into Walkable Neighborhoods

December 14, 2025
edit post
Democrats Insist On Taxing Tips        

Democrats Insist On Taxing Tips        

December 15, 2025
edit post
Warren Buffett retires on December 31 and leaves behind a manual for a life in investing

Warren Buffett retires on December 31 and leaves behind a manual for a life in investing

December 27, 2025
edit post
Detroit Seniors Are Facing Earlier Shutoff Notices This Season

Detroit Seniors Are Facing Earlier Shutoff Notices This Season

December 20, 2025
edit post
Elon Musk Left DOGE… But He Hasn’t Left Washington

Elon Musk Left DOGE… But He Hasn’t Left Washington

January 2, 2026
edit post
Former White House advisor on the real reason your health care costs are going up: Medicare’s doctor pay gap

Former White House advisor on the real reason your health care costs are going up: Medicare’s doctor pay gap

0
edit post
What It’s Like To Lead as a Latina

What It’s Like To Lead as a Latina

0
edit post
How to Buy Cash-Flowing Rentals in 2026 (Despite High Rates) (Rookie Reply)

How to Buy Cash-Flowing Rentals in 2026 (Despite High Rates) (Rookie Reply)

0
edit post
*HOT* MaryRuth’s Biotin Gummies 2-Month Supply only .44 shipped, plus more!

*HOT* MaryRuth’s Biotin Gummies 2-Month Supply only $11.44 shipped, plus more!

0
edit post
Elbit wins 0m armored forces protection deal

Elbit wins $150m armored forces protection deal

0
edit post
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results

Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results

0
edit post
Former White House advisor on the real reason your health care costs are going up: Medicare’s doctor pay gap

Former White House advisor on the real reason your health care costs are going up: Medicare’s doctor pay gap

January 9, 2026
edit post
*HOT* MaryRuth’s Biotin Gummies 2-Month Supply only .44 shipped, plus more!

*HOT* MaryRuth’s Biotin Gummies 2-Month Supply only $11.44 shipped, plus more!

January 9, 2026
edit post
How to Buy Cash-Flowing Rentals in 2026 (Despite High Rates) (Rookie Reply)

How to Buy Cash-Flowing Rentals in 2026 (Despite High Rates) (Rookie Reply)

January 9, 2026
edit post
Uniswap Review – Is it Safe to Use in 2026?

Uniswap Review – Is it Safe to Use in 2026?

January 9, 2026
edit post
Manufacturing And Automotive Giants Continue Their Shift From Grease To Code At CES 2026

Manufacturing And Automotive Giants Continue Their Shift From Grease To Code At CES 2026

January 9, 2026
edit post
Freeport-McMoran – FCX: Solide Zahlen, perfekter saisonaler Trend, aber …!

Freeport-McMoran – FCX: Solide Zahlen, perfekter saisonaler Trend, aber …!

January 9, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Former White House advisor on the real reason your health care costs are going up: Medicare’s doctor pay gap
  • *HOT* MaryRuth’s Biotin Gummies 2-Month Supply only $11.44 shipped, plus more!
  • How to Buy Cash-Flowing Rentals in 2026 (Despite High Rates) (Rookie Reply)
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.