No Result
View All Result
  • Login
Friday, October 31, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

Duty free store opens as Haifa airport tries to take off

by FeeOnlyNews.com
3 months ago
in Business
Reading Time: 4 mins read
A A
0
Duty free store opens as Haifa airport tries to take off
Share on FacebookShare on TwitterShare on LInkedIn


At a festive ceremony earlier this week, the first-ever duty free store was opened at Haifa airport by Teddy Sagi’s Layam Group. The 200 square meter store will offer practically all the tax free goods available at Ben Gurion airport but without the long lines to pay.

The reopening of Haifa airport last December was good news for israel’s travel industry and especially resident in the north. If in the past the airport only served aircraft flying out to gas rigs, it is now open to international tourism.

Data from the Israel Airports Authority showed that 67,694 passengers passed through Haifa airport on international flights in the first half of 2025. June was impacted heavily by the operation in Iran and July, August and the holidays are peak season. An additional 21,953 passengers used the airport for domestic flights.

The renewal of international tourism from Haifa airport is due to the operations of Air Haifa, a new airline set up by Nir Zuk. Previously the airport had been virtually abandoned for years, except for occasional operations over a short period of time like that of Cypriot airline TUS.

Air Haifa operates flights to international destinations including Larnaca and Paphos in Cyprus and Athens and Rhodes in Greece as well as domestic flights to Eilat. While Ben Gurion airport is crowded during the peak summer season, passengers at Haifa airport report quick check-in that sometimes takes just 15 minutes.

Eshet Tours VP Shirley Cohen Orkaby explains, “Haifa airport provides an excellent solution for a very significant region of the country and for the residents of the north. It is a small and efficient airport, the waiting time is short, there is no congestion and you do not have to arrive three hours before the flight. The destinations that can be flown to are very popular among Israelis. I really hope that they will invest in it, so that it will be possible to fly larger planes from it.”

Does the additional airport reduce fares?

“Globes’ checked the Air Haifa website and found there are almost no last-minute tickets left for August, especially for return flights. Starting fares for Cyprus in August start at $298 for a round-trip ticket. For September, with the decline in demand, there are round trip tickets for $198. In Greece, fares between destinations vary. Last minute round trip tickets to Rhodes start at $448, and in September fares drop to $298. For Athens, fares are slightly higher, starting at $478 for last minute tickets compared with $358 in September.





RELATED ARTICLES




Air Haifa to launch Rhodes flights


Teddy Sagi’s Layam to open duty free store at Haifa airport






At Ben Gurion airport last minute ticket fares are much higher but in September prices are much more attractive than at Haifa airport because of the much wider choice of destinations.

A major advantage at Haifa Airport over Ben Gurion Airport is the parking at the airport, which is currently free. Although the airport is not directly connected to a train railway, it can be reached via shuttles from the Lev Hamifratz railway station. For residents of the north, travel costs to Ben Gurion Airport may reach amounts that justify choosing a more expensive flight from Haifa, especially if it saves time and other expenses.

Air Haifa will remain alone

Currently, Air Haifa has three ATR 72-600 aircraft. As part of the company’s expansion plan, a fourth aircraft will begin operations in early September, and a fifth aircraft by the end of December. These are aircraft with a relatively small number of about 80 seats, and they were chosen for a reason. Currently, the length of the runway at the airport is too short for large aircraft such as those operated by most airlines – 1,200 meters in total. However, if the runway is extended to 1,500 meters, it would be possible to operate flights from it to nearby destinations and the Greek islands, and if it is extended the runway to 1,900 meters, it will be possible to fly to Europe.

According to Haifa Municipality, the plan to extend the runway at the airport has not been abandoned. The Israel Airports Authority is also working to extend the runway by 300 meters – but even then, its length will not be sufficient for wide-body aircraft. In order to implement the plan, budgetary investment and a new statutory procedure in the planning committees are required – a process that could take years.

There is capacity to operate additional flights

In its current form, the airport has the capacity to operate additional flights, but its limitations in space and infrastructure make it less attractive to many airlines, which will not allow significant competition to exist at the airport. In the foreseeable future, Air Haifa is the only carrier expected to operate flights, and the company plans to expand its fleet of aircraft and add additional destinations in the East Mediterranean region.

In the past, the airport has already proven its importance. During and after the Iran operation, the splitting of flights between two airports, including rescue operations in which Air Haifa also participated, contributed to the operational capacity of the aviation system in an emergency situation.

Published by Globes, Israel business news – en.globes.co.il – on August 14, 2025.

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




Source link

Tags: airportDutyFreeHaifaopensStore
ShareTweetShare
Previous Post

For risk-averse investors, SIPs in government bonds as close to a guaranteed return as one can get: Shweta Jain

Next Post

Wix enters banking as AI threatens core business

Related Posts

Getting Started: Inventory Types and Conditions

Getting Started: Inventory Types and Conditions

by FeeOnlyNews.com
October 31, 2025
0

Take the guesswork out of sourcing! We want you to make the most informed purchases possible. In order to do...

El Pollo Loco outlines plan for nearly doubling 2026 unit growth amid margin gains and menu innovation (NASDAQ:LOCO)

El Pollo Loco outlines plan for nearly doubling 2026 unit growth amid margin gains and menu innovation (NASDAQ:LOCO)

by FeeOnlyNews.com
October 30, 2025
0

Seeking Alpha's Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking...

Asian shares rise: Asian shares, US futures rise on tech results, gold holds gain

Asian shares rise: Asian shares, US futures rise on tech results, gold holds gain

by FeeOnlyNews.com
October 30, 2025
0

US equity-index futures rose after strong earnings from Amazon.com Inc. and Apple Inc. spurred a post-market tech rally, lifting sentiment...

Michael Saylor’s Strategy returns to profitability in third quarter

Michael Saylor’s Strategy returns to profitability in third quarter

by FeeOnlyNews.com
October 30, 2025
0

Bitcoin accumulator Strategy Inc. returned to profitability in the third quarter, with results bolstered by an unrealized gain tied to...

Planning approved for new Jerusalem luxury hotel

Planning approved for new Jerusalem luxury hotel

by FeeOnlyNews.com
October 30, 2025
0

Building a hotel is an expensive business, but before you build you need a high-quality location. Pai Siam (TASE:...

AI bubble talk grips the market. But in the C-suite there’s more FOMO over AI’s benefits than fear of an AI bustup

AI bubble talk grips the market. But in the C-suite there’s more FOMO over AI’s benefits than fear of an AI bustup

by FeeOnlyNews.com
October 30, 2025
0

Hello and welcome to Eye on AI. In this edition…Nvidia becomes the first $5 trillion market cap company…Anthropic finds AI...

Next Post
Wix enters banking as AI threatens core business

Wix enters banking as AI threatens core business

Bitcoin, Ethereum, Solana To Hit Wild New Highs In October: VC

Bitcoin, Ethereum, Solana To Hit Wild New Highs In October: VC

  • Trending
  • Comments
  • Latest
AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

October 15, 2025
Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

October 14, 2025
Are You Losing Out Because of Medicare Open Enrollment Mistakes?

Are You Losing Out Because of Medicare Open Enrollment Mistakes?

October 13, 2025
Coinbase boosts investment in India’s CoinDCX, valuing exchange at .45B

Coinbase boosts investment in India’s CoinDCX, valuing exchange at $2.45B

October 15, 2025
Government shutdown could drain financial advisor optimism

Government shutdown could drain financial advisor optimism

October 7, 2025
Getting Started: How to Register

Getting Started: How to Register

October 10, 2025
High Dividend 50: Timbercreek Financial Corp.

High Dividend 50: Timbercreek Financial Corp.

0
15 Best Bank Promotions & Bonus Offers for October 2025

15 Best Bank Promotions & Bonus Offers for October 2025

0
Clerq Raises M to Capture Share of T High-Ticket Payment Market – AlleyWatch

Clerq Raises $12M to Capture Share of $3T High-Ticket Payment Market – AlleyWatch

0
Global Trends and Growth Outlook

Global Trends and Growth Outlook

0
Six missing AI capabilities holding financial advisors back

Six missing AI capabilities holding financial advisors back

0
Goldman Sachs survey says only 11% of companies are actively linking layoffs to AI—but the real shock is yet to come

Goldman Sachs survey says only 11% of companies are actively linking layoffs to AI—but the real shock is yet to come

0
Getting Started: Inventory Types and Conditions

Getting Started: Inventory Types and Conditions

October 31, 2025
Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

October 31, 2025
Strategy Q3 Income Narrows to .8B as mNAV Shrinks

Strategy Q3 Income Narrows to $2.8B as mNAV Shrinks

October 30, 2025
El Pollo Loco outlines plan for nearly doubling 2026 unit growth amid margin gains and menu innovation (NASDAQ:LOCO)

El Pollo Loco outlines plan for nearly doubling 2026 unit growth amid margin gains and menu innovation (NASDAQ:LOCO)

October 30, 2025
Asian shares rise: Asian shares, US futures rise on tech results, gold holds gain

Asian shares rise: Asian shares, US futures rise on tech results, gold holds gain

October 30, 2025
Commonwealth advisors leave for Cetera, Osaic, Raymond James

Commonwealth advisors leave for Cetera, Osaic, Raymond James

October 30, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Getting Started: Inventory Types and Conditions
  • Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso
  • Strategy Q3 Income Narrows to $2.8B as mNAV Shrinks
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

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
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.