Israel aviation: Turkey deal welcome. LCC share continues to grow
Earlier this month the Israeli cabinet ratified a bilateral aviation agreement with Turkey. The deal, which the two nations signed in Jul-2022, should lead to a resumption of services to Turkey operated by airlines based in Israel.
Israel has a relatively small number of direct long haul connections and routes to Western European hubs and, more recently, UAE hubs, provide additional connectivity. The addition of Istanbul as a destination for Israeli – in addition to Turkish – operators will increase connectivity and competition.
This reflects the dominance of short/medium haul markets to/from Israel.
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