The Israeli aviation industry suffered significant economic losses in 2024 due to the impact of attacks on the Gaza Strip. According to a statement by the Israel Civil Aviation Authority, the sector incurred a loss of 105 million shekels ($28.8 million) in the first nine months of 2024 due to the war and the decline in operations by international airlines.
Significant Decline in International Flights
According to a report by Channel 13, many Western airline companies suspended flights to Tel Aviv. This development severely affected passenger traffic at Ben Gurion International Airport, the country’s main airport.
It was reported that approximately 13.8 million outbound international passengers used Ben Gurion Airport in 2024. This figure represents a 34% decrease compared to 2023, highlighting the impact of reduced international flights on the aviation sector.
Magnitude of Economic Losses
The report by the Israel Civil Aviation Authority reveals how the war and security concerns have adversely affected operations in the aviation sector. The suspension of Tel Aviv flights has resulted in significant losses for the country in both tourism revenue and airline businesses.
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