British Airways plans for £4.5 billion investment to Isreali startups

Published on : Friday, November 10, 2017

British Airways plans for £4.5 billion investment to Isreali startupsBritish Airways is preparing for new £4.5 billion ($5.9 billion) investment programme to Isreali start-ups that will be spread over five years.

 

 

British Airways is in touch with Israeli startups to keep the airline up to speed with the latest technologies, marking the 85 years of the London-Tel Aviv route.

 

 

 

The investment plan imagines the attainment of 72 new aircraft, and upgrading of 128 existing aircraft with at-seat power stations and high-speed internet connections for passengers.

 

 

 

The airline is able to transport some 150,000 passengers on the London-Tel Aviv route a year, up from the 16 passengers it carried in the 72-hour original journey. This included a 20-hour train ride from Paris to Brindisi — on the airline’s inagural flight to Israel in 1932, on the then Imperial Airways airline.

 

 

 

British Airways landed on the waters of the Sea of Galilee, and passengers were taken ashore by boats.

 

 

 

But in 2017, it proved to be a bumpier year, with British Air plagued by a series of setbacks — including a luxurious computer crash, cabin crew strikes and delays due to a lack of toilet paper.

 

 

 

The capacity of the airline to and from Israel is to continue to increase in coming years, both via added flights and bigger aircraft.

 

 

 

British airline is considering a direct flight to Eilat from Gatwick, but there are no firm plans yet. The recent closure of Monarch Airlines that left thousands of travelers stranded, has freed up some slots — take-off and landing rights — and that may have opened up some opportunities for added flights from Gatwick.

 

 

 

It is noted that British airways is operating about 14 weekly flights on the Tel Aviv-London route.

 

 

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