No Result
View All Result
  • Login
Thursday, October 30, 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

Wizz Air’s resumption of Israel flights helps cut fares

by FeeOnlyNews.com
3 months ago
in Business
Reading Time: 3 mins read
A A
0
Wizz Air’s resumption of Israel flights helps cut fares
Share on FacebookShare on TwitterShare on LInkedIn


At the end of last week Hungarian low-cost carrier Wizz Air resumed flights to Israel for the first time in three months.

The airline took a major step towards Israel by bringing forward its renewal of Israel operations after aircraft had already been allocated to other destinations. Sources say that Wizz Air made major changes to its flight schedules in order to divert planes back to Israel.

The return to operations at Ben Gurion Airport will be gradual. Last weekend, the airline began five weekly flights to each of Budapest and Larnaca. On August 22, the airline’s route to London Luton will be renewed, with five flights a week. On September 1, additional routes will be added to Vienna, Sofia, Rome and Milan – each with three to four flights a week. The route to Bucharest will also be added with five flights a week and the route to Iasi with two flights a week. Starting September 15, flights to Athens, Crete, Rhodes, Warsaw, Vilnius, Lorraine and Krakow will also resume. Flights to Cluj and Naples will be renewed on October 27 and 28, respectively.

How will Wizz Air’s return influence fares?

The resumption of Wizz Air’s services to Israel should help cut fares by increasing the supply of flight tickets when demand is at its peak. The low-cost airline’s fares already reflect the high prices typical of periods of high demand but it has been marketing the first tickets, which are sold at the lowest price according to the pricing algorithm used in the aviation industry Indications are that Wizz Air’s impact on lower fares is particularly noticeable on routes to destinations where supply is limited and there is little competition.

For example, according to data from Ophir Tours, Wizz Air is offering last-minute round-trip tickets to Budapest in August for $248, compared with $327-536 being asked by Israeli airlines. For flights to London during the High Holidays, Wizz Air’s round trip fares are $558, compared with $977- $2,624 for its Israeli competitors. The gap is also significant for tickets to Vienna: $558 versus $586-1,390. This gap is due, among other things, to the fact that El Al has no more tickets left in economy class on most routes during peak demand periods, and the initial prices the company offers are in the premium and business classes, while the other airlines are offering the final tickets in economy classes.





RELATED ARTICLES




Regev set to decide on Wizz Air Israel hub




easyJet extends suspension of Israel flights to 2026






On the other hand, on shorter routes, where competition is more significant, the picture changes. On flights to Larnaca at the end of August, for example, Wizz Air’s fares are lower ($140 versus $198-164), but during the High Holidays fares are similar to Arkia ($400 versus $308-442). On flights to Sofia, fares are identical ($390 on Wizzair and Arkia).

Wizz Air’s return comes as the airline seeks to set up a regional hub in Israel. Israel’s Minister of Transport Miri Regev supports the idea while the Civil Aviation Authority opposes such a hub at Ben Gurion Airport, due to the potential harm to Israeli airlines. Regev will be eager to please the voting public, because such a hub would reduce fares to and from Israel, but she will come under huge pressure from the Israeli airlines and their workers’ committees.

The government is also considering allowing Wizz Air to fly between Ben Gurion airport and Eilat, including compensation if the airline cannot fill flights.

Published by Globes, Israel business news – en.globes.co.il – on August 11, 2025.

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




Source link

Tags: AirscutfaresflightshelpsIsraelresumptionWizz
ShareTweetShare
Previous Post

“ETH Can Flip BTC In A Year”, Claims Co-Founder Joseph Lubin As Ethereum Overtakes Mastercard And Netflix

Next Post

Is Wall Street Bullish or Bearish?

Related Posts

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...

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...

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...

Undiscovered AI Stock Delivers Staggering Returns, Outperforming Tech Titans

Undiscovered AI Stock Delivers Staggering Returns, Outperforming Tech Titans

by FeeOnlyNews.com
October 30, 2025
0

HelloRF Zcool / Shutterstock.com NVIDIA Corp. (NASDAQ:NVDA) continues to remain an industry leader and the most valuable company in the world....

Cleveland-Cliffs names Korea’s Posco as new strategic partner (CLF:NYSE)

Cleveland-Cliffs names Korea’s Posco as new strategic partner (CLF:NYSE)

by FeeOnlyNews.com
October 30, 2025
0

Taitai6769/iStock via Getty ImagesCleveland-Cliffs (CLF) named South Korean steelmaker Posco Holdings (PKX) as its new strategic partner Thursday, identifying the...

The uncomfortable secret of successful people: Forget work-life balance, you have to be ‘obsessed’, ex-Wall Streeter and business coach says

The uncomfortable secret of successful people: Forget work-life balance, you have to be ‘obsessed’, ex-Wall Streeter and business coach says

by FeeOnlyNews.com
October 30, 2025
0

While casual side hustles can sometimes pay off, the most successful people prioritize their passion to turn it into profit. ...

Next Post
Is Wall Street Bullish or Bearish?

Is Wall Street Bullish or Bearish?

Like cricket, new crop of entrepreneurs coming from small towns; focus on domestic stories and bottom-up stock ideas: Nilesh Shah

Like cricket, new crop of entrepreneurs coming from small towns; focus on domestic stories and bottom-up stock ideas: Nilesh Shah

  • 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
Sudan War: Gold, a Key Port, and Two Armies With No Legitimate Claim

Sudan War: Gold, a Key Port, and Two Armies With No Legitimate Claim

0
Strategy Q3 Income Narrows to .8B as mNAV Shrinks

Strategy Q3 Income Narrows to $2.8B as mNAV Shrinks

0
Apple Q4 revenue grows on strong iPhone sales; results beat estimates

Apple Q4 revenue grows on strong iPhone sales; results beat estimates

0
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)

0
Europe Rearms: What Defense Spending Means for Markets

Europe Rearms: What Defense Spending Means for Markets

0
6 Practical Strategies (For Anyone)

6 Practical Strategies (For Anyone)

0
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
Commonwealth advisors leave for Cetera, Osaic, Raymond James

Commonwealth advisors leave for Cetera, Osaic, Raymond James

October 30, 2025
Michael Saylor’s Strategy returns to profitability in third quarter

Michael Saylor’s Strategy returns to profitability in third quarter

October 30, 2025
6 Reasons There Are So Many Tiny Homes For Sale

6 Reasons There Are So Many Tiny Homes For Sale

October 30, 2025
Apple Q4 revenue grows on strong iPhone sales; results beat estimates

Apple Q4 revenue grows on strong iPhone sales; results beat estimates

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

  • Strategy Q3 Income Narrows to $2.8B as mNAV Shrinks
  • El Pollo Loco outlines plan for nearly doubling 2026 unit growth amid margin gains and menu innovation (NASDAQ:LOCO)
  • Commonwealth advisors leave for Cetera, Osaic, Raymond James
  • 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.