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Front - Globes

Thu: Insurance, energy stocks lead rise "Israel can be a window to the Mediterranean" Google Finance AI beta version launches in Israel India signs $1.1b IAI tanker aircraft deal - report Indian co KPIT to acquire Israeli startup Cymotive Strengthening shekel nears NIS 2.90/$ threshold Wizz Air Israel hub talks break down Sakal makes shock bid to buy ZIM Israeli defense-tech co Kela raising $200m at $1.2b valuation Tue: Insurance stocks lead TASE higher Israel’s most expensive home up for sale TASE readying for big wave of IPOs this month AI ecommerce co ZyG raises $60m at $500m valuation Canadian real estate co Almadev plans TASE IPO Cisco to acquire Israeli co Astrix Security Rafael close to buying VW plant Mon: Nice lifts TASE to new record Israeli startup BridgeWise teams with Elon Musk�s X Leumi Partners invests NIS 200m in Landora Ministers approve two new combat aircraft squadrons Fri: Main indices rise, Tower surges Beilinson Hospital receives record donation for cancer research Thu: Main indices edge higher Keystone joining Hot Mobile acquisition Mekorot teams with nT-Tao on nuclear fusion Lufthansa Group suspends Israel flights until June Check Point disappoints on revenue, beats on profit SuperPlay earnout payments weigh on Playtika Tel Aviv Park HaMesila penthouse sells for NIS 55m Israeli credit card players eye potential of Wizz Air loyalty club Elon Musk to visit Israel next month Wed: Strong Teva gains lift TASE Aidoc raises $150m to prevent diagnostic errors Banks' efficiency drives spark worker unrest Teva acquires Emalex Biosciences for up to $900m Gasoline prices to rise again Thursday night Deputy budget commissioner warns on �trauma economy� Tue: Chip stocks fall sharply Gedera house sells for NIS 5.53m Huge Crusoe Afula deal boosts Israel’s data centers sector Quantum Art extends Series A financing to $140m "Globes" poll of polls shows Beyachad brings opposition no gain Mon: TASE opens week lower Nvidia leases space for labs in Rishon Lezion Shekel-sterling rate heading below NIS 4/£ Shapir mulls buying control of Ashdod Refinery for NIS 1b Banks ask court to declare Nochi Dankner bankrupt Strong semiconductor sentiment boosts Ceva Yair Lapid and Naftali Bennett merge parties Supreme Court orders financial sanctions for draft evaders Israeli tech employees hold stock options worth NIS 150b Home price gap narrows between Tel Aviv and nearby cities Meta to lay off 100 employees in Israel Fri: Banks weaken, Intel results lift Camtek EU regulator extends advisory not to fly to Israel Lyft buys Gett's London taxi-hailing operation Thu: Energy stocks surge, Tower slides Mobileye up sharply after beating analysts on Q1 Cyera buys Israeli startup Ryft for over $100m Israir to launch Israel-US flights in summer Ondas Israel unit to protect World Cup venues from drones Elbit awarded $200m IDF airborne munitions deal Study: IDF Talpiot program excels in producing entrepreneurs Israel's population grew 1.4% over past year Mon: Teva, Enlight boost TASE Ondas wins $10m tender to clear mines in Israel Ramat Gan house sells for NIS 8.4m Is it time to buy dollars? Petition revives threat to Israel-EU trade El Al to launch subsidized Tel Aviv - Buenos Aires flights AWS extends Ichilov AI medical collaboration Elbit drones to undergo Canadian trials - report Activist investors seek to oust Radcom board Two-minute EV charging coming to Israel Businessman buys 5 Tel Aviv apartments in Dou project Fri: Construction sector powers rise Mega Or buys Alliance Tire site in Hadera for NIS 1b cash El Al orders six more Dreamliners Thu: Big banks, Elbit lead falls Gov't Cos Authority recommends splitting NTA Nofar Energy plans to dual list on Nasdaq New immigrants buy Tel Aviv seafront home for NIS 70m Shekel’s strength hits Israelis investing in US Israel’s enhanced F-35s performed impressively in Iran war ZIM CEO Eli Glickman quits over failed bid eToro buys Israeli startup Zengo for $70m Israel’s CPI rose 0.4% in March Strong shekel wipes out sovereign wealth fund returns Shekel-dollar rate dips below NIS 3/$ Apartment overlooking Jerusalem's Old City sells for NIS 66.3m Hamburger family sells Harel shares for NIS 1.2b AlphaDrive Ventures launches $100m cybersecurity VC fund Yossi Abu steps down as NewMed Energy CEO Surround Ventures completes first closing of second fund Fortissimo sells 35% Sugat stake for NIS 430m Institutions' hedging changes lie behind shekel's strength EDF closes financing for Israel’s biggest solar energy field Check Point slumps on lower guidance Israeli startups raised $1.3b in April Turpaz buys US co in largest ever acquisition
Israel drops key demand on Wizz Air hub
Stav Livne · 2026-04-28 · via Front - Globes

28 Apr, 2026 17:43

The Hungarian low-cost airline will not need to commit to fly to Israel during emergency times.

Wizz Air continues to postpone resumption of Israel flights, with no bookings on its website available for flights before May 13. But from the Ministry of Transport’s perspective this is no longer an obstacle to allowing the Hungarian low-cost airline to set up a hub in Israel and the move is still expected to go ahead.

Minister of Transport Miri Regev contacted Wizz Air yesterday with a request to restart Tel Aviv flights as soon as possible. The aim was to encourage the airline to recommence Israel operations, even if it is a gradual return, and show the Israeli public that the company is committed to the local market even during the current difficult period.

Several months ago, in a joint statement with Regev, Wizz Air CEO Jozsef Varadi announced the establishment of a hub in Israel as early as April 2026, but the move has not yet been implemented, and as of this time there is still no new target date on the agenda.

For about a year, talks had been underway between the Ministry of Transport and Wizz Air about an Israel hub. The plan encountered stiff opposition from local airlines. Such a hub at Ben Gurion Airport will allow Wizz Air to start and end flights in Israel and keep aircraft and crews in the country. This presence will allow the airline to operate more flights and benefit from valuable slots - the best takeoff and landing times that are allocated to carriers according to airport capacity. The hub will allow Wizz Air to establish a much more significant foothold in the Israeli market.

Israeli airlines have enjoyed a comparative advantage in that their aircraft "base" is in Israel, enabling them to take advantage of the first and last slots of the day, which are preferred by passengers. Shortly before the Iran War began, an inter-ministerial committee officially approved Wizz Air’s Israel hub, so that it could enjoy the same conditions and become a dominant player during peak flight hours. The Hungarian airline will also be able to continue to operate as a foreign company, so that it would not be subject to the stricter regulations that apply to Israeli companies, such as security arrangements and coordination with El Al, which is not only a rival but also provides security services for airlines in Israel.

However, the state also set requirements: employing teams that are mostly composed of Israelis, operating regular flights from Ben Gurion Airport to Eilat, and one of the main requirements was a commitment to fly to Israel even in times of emergency. However, it now appears that this latter requirement will not halt the move even if Wizz Air declines it. The Ministry of Transport is willing to be flexible on the issue, based on the view that even if there are periods of war, the main importance is the company's routine operations, and the effect of its presence in Israel on fares in normal times.

Why Wizz Air has still not resumed flights

Currently, despite the ceasefire, the main reason Wizz Air has still not resumed Israel flights is that it is subject to the EU Aviation Safety agency (EASA), which has extended its advisory not to fly in Israeli airspace as well as other countries in the region, until at least May 1. EASA said it would reassess the situation before that date. The advisory is based on a risk assessment in which, even after the ceasefire announced in early April, the situation in the region remains unstable.

The advisory is not binding, and EU airlines can exercise independent discretion, together with the civil aviation authorities (CAAs) of each of the EU countries. Most European airlines have chosen to suspend flights to Israel until the advisory is lifted. There are already European airlines, mainly from Greece and Cyprus, that have already been operating flights to Israel in recent weeks. The significance for these companies is mainly insurance-related and is expressed in higher premiums and sometimes also in restrictions by insurers on activities.

Published by Globes, Israel business news - en.globes.co.il - on April 28, 2026.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.

Wizz Air credit: Shutterstock

Wizz Air credit: Shutterstock

Stav Livne

Stav Livne

Meytal Vaizberg