Big US airline Delta Air Strains has introduced that it’s going to not return to Israel till the tip of March 2025, due to the safety scenario. Along with the sooner cancellations by US airways United and American Airways, this leaves El Al as the only real remaining operator of flights on the high-demand Tel Aviv-New York route.
In regular instances, Delta flies day by day from Tel Aviv to New York’s JFK Airport. After an earlier halt, it resumed flying the route for a brief interval in June-July, till the escalation of navy exercise within the area when Hamas chief Ismail Haniyeh was assassinated in Iran and Hezbollah commander Fuad Sukr was killed in Lebanon on the finish of July. At first, the airline suspended operations in Israel for just a few days at a time solely, then it did so till after the Jewish vacation season, which ends on October 24, and now it has prolonged the suspension for an extended interval.
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The chances for flying between the US and Israel by the use of connecting flights are additionally narrowing, due to the cancellations of flights by European airways, amongst them Lufthansa Group and British Airways, which each introduced that they have been extending the suspension of flights yesterday), Air France, ITA, KLM, and Lot. However, Air Europa and Bluebird Airways have restored their Israel companies.
Due to the scenario and the excessive demand, El Al has considerably expanded its flight schedule between Israel and the US, whereas cancelling flights on different routes.
As talked about, El Al is now the one airline working direct flights between Israel and the US, with 50 flights weekly to JFK and Newark in New York/New Jersey, and to Boston, Miami, Los Angeles, and Fort Lauderdale.
Since October 7 final yr, El Al has diverted its exercise in South Africa, Eire, and Morocco to boosting its exercise on European and US routes.
El Al’s second quarter financials indicated that it had an 88% market share of the Israel-US market. Since Delta cancelled its flights, that has risen to 100%.
Fares from Israel to the US now begin at $1,000. El Al’s financials present that 43% of its $670 million income from transporting passengers and cargo within the first half of 2024 got here from flights to the US, which compares with 37% within the first half of 2023.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on October 22, 2024.
© Copyright of Globes Writer Itonut (1983) Ltd., 2024.
