No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, October 24, 2025
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 wants to operate Israel hub from April 2026

by TheAdviserMagazine
2 months ago
in Business
Reading Time: 4 mins read
A A
Wizz Air wants to operate Israel hub from April 2026
Share on FacebookShare on TwitterShare on LInkedIn


Senior executives from Hungarian low-cost airline Wizz Air have been in Israel meeting with top officials at the Ministry of Transport, Israel Airports Authority and the Civil Aviation Authority. “Globes” has learned that the meetings have produced a range of conclusions and controversial ideas that shed light on the move that is destined to shake up the Israeli aviation market, which relies largely on Israeli airlines.

For several years Wizz Air, has been trying to set up a hub of operations in Israel but has been met with refusal by regulators. But over the past year, the Ministry of Transport has changed its tune, and supports the move, with Minister of Transport Miri Regev seeing such a development, if realized as the most notable achievement of her term, after failing to record major transport achievements on railways and roads.

In May Regev announced her plan to promote the preliminary opening of such a hub for Wizz Air at Ben Gurion Airport. Such a hub would allow the airline to designate Israel as the start and end point of flights, with the presence of aircraft and crews in Israel, which would enable the company to operate more Israel flights and receive valuable slots (popular takeoff and landing times), and deepen its foothold in the local market.

Israeli airlines have a comparative advantage in that their planes “stay” in Israel and can take advantage of the first and last slots of the day, which are preferred by passengers. If Wizz Air establishes a base in Israel, it will be able to enjoy the same conditions and become a dominant player during peak hours. It will also be able to continue to be a foreign company, so that it will not be subject to the strict regulation of Israeli companies, such as stricter security arrangements and coordination with El Al, which is not only a competing company, but also the provider of security services for Israeli airlines.

Ministry of Transport supports the move

The Ministry of Transport supports the move but the Civil Aviation Authority has reservations and claims, as do the Israeli airlines, that such a hub would harm them. However, many recall that there was similar opposition to the EU’s Open Skies reform, which resulted in major fare reductions for consumers. Supporters of the move add that the Israeli public should not subsidize the inefficiency in Israeli companies’ structures through exorbitant airfare, and that the move could lead to the consolidation of companies, and greater efficiency.





RELATED ARTICLES




Wizz Air plans over 200 weekly flights from Israel hub


Wizz Air’s resumption of Israel flights helps cut fares


Wizz Air poaches two Ryanair routes






In any case, it seems that despite the objections of the Israeli airlines and the dominant El Al workers’ union, Regev and the director general her ministry, Moshe Ben Zaken, plan to go ahead with the move. If Regev successfully withstands the pressure from the Israeli airlines and workers committees it could create fierce competition in fares for Israelis, or according to opponents, lead to the collapse of Israeli airlines.

Three daily flights by each aircraft

Last week, senior Wizz Air executives met at the Ministry of Transport with Ben Zaken, Or Libis, Senior Deputy Director General for Economics, Budget and Strategy at the Ministry of Transport, who supports the move as well as the managers of Ben Gurion airport and Ramon airport, and Yishai Don Yehia of the Civil Aviation Authority, which opposes the move.

At the meeting, Wizz Air revealed that it wants to open its Israel hub by April 2026, with three aircraft based in Israel. The Ministry of Transport is pressing to open it even sooner.

During the meeting, the Civil Aviation Authority tried to explain to the Hungarians that tightening noise regulations in line with European standards would limit them in night flights, but Wizz Air responded that they plan to base new Airbus 321neo aircraft here, which are quieter, so that changing the regulations would actually work in their favor.

It also emerged that Ben Gurion Airport is managing to find slots for the gradual entry of the aircraft, but it is not clear how many flights they will undertake because there is still the need to secure the flight path and slots in destination countries, but the industry estimates that at least three flights will depart each day by each aircraft – otherwise operating them will not be profitable. As previously reported by ‘Globes,” Wizz Air aims to reach 60 flights per day.

Wizz Air also plans hiring Israeli crews who will be trained at the company’s academy in Hungary. The only issues that remain open at the moment are Wizz Air’s commitments that in the event of an emergency, the airline will continue to fly. The Ministry of Transport is demanding greater guarantees than the commitment of the CEO of Wizz Air to the Minister of Transport, that as long as El Al flies, Wizz Air will also fly.

In addition, the Hungarian airline is interested in competing with Israeli companies in the long term not only on flights to Europe but also to the Balkans, the UAE and the Far East. However, to do this, Wizz Air will have to register an Israeli subsidiary that will be subject to security regulations, including a security team agreement with El Al. It is unclear whether this is a step that Wizz Air wants to take.

Published by Globes, Israel business news – en.globes.co.il – on August 26, 2025.

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




Source link

Tags: airAprilhubIsraelOperateWizz
ShareTweetShare
Previous Post

Coffee Break: Armed Madhouse – Misguided Marines

Next Post

Essentialism Investing: 10 High Dividend Stocks To Focus On What Matters

Related Posts

edit post
Pentagon orders aircraft carrier to Latin America, boosting U.S. military buildup in the region

Pentagon orders aircraft carrier to Latin America, boosting U.S. military buildup in the region

by TheAdviserMagazine
October 24, 2025
0

The U.S. military is sending an aircraft carrier to the waters off South America, the Pentagon announced Friday, in the...

edit post
Ontario quickly caves to Trump and promises to pull the offending Reagan ad that killed Canada trade talks

Ontario quickly caves to Trump and promises to pull the offending Reagan ad that killed Canada trade talks

by TheAdviserMagazine
October 24, 2025
0

President Donald Trump announced he’s ending “all trade negotiations” with Canada because of a television ad sponsored by one of its provinces...

edit post
Microsoft is distancing itself from longtime partner OpenAI, shunning erotica chatbots: ‘Just not a service we’re going to provide,’ AI CEO says

Microsoft is distancing itself from longtime partner OpenAI, shunning erotica chatbots: ‘Just not a service we’re going to provide,’ AI CEO says

by TheAdviserMagazine
October 24, 2025
0

Microsoft will not emulate the strategies of Elon Musk’s xAI or Sam Altman’s OpenAI in creating “simulated erotica” for its...

edit post
Former IndusInd Bank deputy pays 50% of alleged insider trading gains to Sebi

Former IndusInd Bank deputy pays 50% of alleged insider trading gains to Sebi

by TheAdviserMagazine
October 24, 2025
0

IndusInd Bank's former deputy chief has deposited 50% of the alleged insider trading gains with India's markets regulator, BSE said...

edit post
Sebi allows transfer of PMS business to simplify operations, ease compliance burden

Sebi allows transfer of PMS business to simplify operations, ease compliance burden

by TheAdviserMagazine
October 24, 2025
0

Securities and Exchange Board of India (Sebi) has allowed portfolio managers to transfer their Portfolio Management Services (PMS) business after...

edit post
Harmony Gold Mining completes MAC Copper acquisition

Harmony Gold Mining completes MAC Copper acquisition

by TheAdviserMagazine
October 24, 2025
0

Harmony Gold Mining has completed the acquisition of MAC Copper, the proprietor of the high-grade CSA copper mine in New...

Next Post
edit post
Essentialism Investing: 10 High Dividend Stocks To Focus On What Matters

Essentialism Investing: 10 High Dividend Stocks To Focus On What Matters

edit post
How BlackRock and Goldman Sachs are bringing Wall Street’s hottest asset class to 401(k)s

How BlackRock and Goldman Sachs are bringing Wall Street's hottest asset class to 401(k)s

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
Pentagon orders aircraft carrier to Latin America, boosting U.S. military buildup in the region

Pentagon orders aircraft carrier to Latin America, boosting U.S. military buildup in the region

0
edit post
The Robot Revolution Is No Joke

The Robot Revolution Is No Joke

0
edit post
Bidding Wars and Why Investors Get Fooled By “Affordable” Markets

Bidding Wars and Why Investors Get Fooled By “Affordable” Markets

0
edit post
Coffee Break: Casey Means MD and MAHA, Health Insurance, Coffee Scat, and Big Brother at the Home of the Free Speech Movement

Coffee Break: Casey Means MD and MAHA, Health Insurance, Coffee Scat, and Big Brother at the Home of the Free Speech Movement

0
edit post
Centerbridge seeks Clal Insurance stake

Centerbridge seeks Clal Insurance stake

0
edit post
A New NFT Strategy Is Coming Soon – Here’s More Info

A New NFT Strategy Is Coming Soon – Here’s More Info

0
edit post
Where We Go Next After NY Climate Week

Where We Go Next After NY Climate Week

October 24, 2025
edit post
Pentagon orders aircraft carrier to Latin America, boosting U.S. military buildup in the region

Pentagon orders aircraft carrier to Latin America, boosting U.S. military buildup in the region

October 24, 2025
edit post
Market Talk – October 24, 2025

Market Talk – October 24, 2025

October 24, 2025
edit post
Ontario quickly caves to Trump and promises to pull the offending Reagan ad that killed Canada trade talks

Ontario quickly caves to Trump and promises to pull the offending Reagan ad that killed Canada trade talks

October 24, 2025
edit post
*HOT* FREE LEGO Harry Potter Flying Car Set after cash back!

*HOT* FREE LEGO Harry Potter Flying Car Set after cash back!

October 24, 2025
edit post
Trump taps Michael Selig to lead CFTC: Bloomberg

Trump taps Michael Selig to lead CFTC: Bloomberg

October 24, 2025
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

  • Where We Go Next After NY Climate Week
  • Pentagon orders aircraft carrier to Latin America, boosting U.S. military buildup in the region
  • Market Talk – October 24, 2025
  • 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.