No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, July 16, 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
8 months 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
New School economist: Trump Accounts will widen America’s wealth gaps

New School economist: Trump Accounts will widen America’s wealth gaps

by TheAdviserMagazine
July 16, 2026
0

On July 4, the federal government launched what it described as one of the nation’s most ambitious asset-building initiatives for...

edit post
Market Wrap: Sensex ends flat, Nifty holds 24,050 as Iran-US conflict keeps optimism in check

Market Wrap: Sensex ends flat, Nifty holds 24,050 as Iran-US conflict keeps optimism in check

by TheAdviserMagazine
July 16, 2026
0

The Indian stock market closed on a muted note, with benchmark index Sensex closing almost unchanged on expiry day and...

edit post
Democratic Socialists of America Reveal Program to Dismantle US

Democratic Socialists of America Reveal Program to Dismantle US

by TheAdviserMagazine
July 16, 2026
0

Would the United States still be the America we all know if there were no president, no Supreme Court, no...

edit post
US House votes down bill to end Israel aid

US House votes down bill to end Israel aid

by TheAdviserMagazine
July 16, 2026
0

The US House of Representatives rejected a bill last night that would have cut off US aid to Israel....

edit post
Mrs Bectors Food soars 11% after Sunil Singhania’s Abakkus acquires 29.4 lakh shares via block deal

Mrs Bectors Food soars 11% after Sunil Singhania’s Abakkus acquires 29.4 lakh shares via block deal

by TheAdviserMagazine
July 16, 2026
0

Shares of Mrs Bectors Food Specialities surged 10.53% to Rs 187.30 during Thursday's trading session after ace investor Sunil Singhania's...

edit post
Global Market Today: Asian equities drop led by Kospi, oil extends gain

Global Market Today: Asian equities drop led by Kospi, oil extends gain

by TheAdviserMagazine
July 15, 2026
0

Asian stocks declined as fresh selling in semiconductor stocks renewed concerns over the sustainability of the artificial intelligence trade. Crude...

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
Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

June 22, 2026
edit post
New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

June 20, 2026
edit post
5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

June 18, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

July 8, 2026
edit post
Retail giant exits U.S. fashion after multi-million-dollar scandal

Retail giant exits U.S. fashion after multi-million-dollar scandal

July 1, 2026
edit post
Market Wrap: Sensex ends flat, Nifty holds 24,050 as Iran-US conflict keeps optimism in check

Market Wrap: Sensex ends flat, Nifty holds 24,050 as Iran-US conflict keeps optimism in check

0
edit post
Once Upon a Time, You Knew When You Paid for Something. This Was a Good Thing.

Once Upon a Time, You Knew When You Paid for Something. This Was a Good Thing.

0
edit post
New School economist: Trump Accounts will widen America’s wealth gaps

New School economist: Trump Accounts will widen America’s wealth gaps

0
edit post
Democratic Socialists of America Reveal Program to Dismantle US

Democratic Socialists of America Reveal Program to Dismantle US

0
edit post
The Fed Still Doesn’t Understand Where Inflation Comes From

The Fed Still Doesn’t Understand Where Inflation Comes From

0
edit post
People who navigate their 40s and 50s alone often worry they’re falling behind emotionally — research suggests the opposite: years of sitting with your own discomfort, without someone to hand it to, tend to produce a self-awareness most coupled people never have to develop

People who navigate their 40s and 50s alone often worry they’re falling behind emotionally — research suggests the opposite: years of sitting with your own discomfort, without someone to hand it to, tend to produce a self-awareness most coupled people never have to develop

0
edit post
Once Upon a Time, You Knew When You Paid for Something. This Was a Good Thing.

Once Upon a Time, You Knew When You Paid for Something. This Was a Good Thing.

July 16, 2026
edit post
New School economist: Trump Accounts will widen America’s wealth gaps

New School economist: Trump Accounts will widen America’s wealth gaps

July 16, 2026
edit post
Market Wrap: Sensex ends flat, Nifty holds 24,050 as Iran-US conflict keeps optimism in check

Market Wrap: Sensex ends flat, Nifty holds 24,050 as Iran-US conflict keeps optimism in check

July 16, 2026
edit post
People who navigate their 40s and 50s alone often worry they’re falling behind emotionally — research suggests the opposite: years of sitting with your own discomfort, without someone to hand it to, tend to produce a self-awareness most coupled people never have to develop

People who navigate their 40s and 50s alone often worry they’re falling behind emotionally — research suggests the opposite: years of sitting with your own discomfort, without someone to hand it to, tend to produce a self-awareness most coupled people never have to develop

July 16, 2026
edit post
Moderna – MRNA: Kaufsignal bei der Corona-Aktie!

Moderna – MRNA: Kaufsignal bei der Corona-Aktie!

July 16, 2026
edit post
How Digital Services Taxes Cascade Through Online Commerce

How Digital Services Taxes Cascade Through Online Commerce

July 16, 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

  • Once Upon a Time, You Knew When You Paid for Something. This Was a Good Thing.
  • New School economist: Trump Accounts will widen America’s wealth gaps
  • Market Wrap: Sensex ends flat, Nifty holds 24,050 as Iran-US conflict keeps optimism in check
  • 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.