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Israeli Airline Stocks Surge Nearly 9% Following Flydubai Hijacking Incident

Summary by Jerusalem Post
Israir also reported severe loss of value in its stock over the last month, falling from NIS 1.60 on September 9 to NIS 1.44 reported on Tuesday, just before the recent jump registered on Wednesday.

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El Al increased by 7.93 per cent, while Israir increased by 8.8 per cent

·Tel Aviv-Yafo, Israel
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Economy: The attempted attack on the FlyDubai flight that crashed into Saudi Arabia led to an almost 9 per cent increase in Israeli airline quotations.

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The drama on the "Fly Dubai" flight from the United Arab Emirates to Ben Gurion Airport is also affecting the markets, with sharp jumps in the shares of Israeli airlines in the hours after the emergency landing in Saudi Arabia. According to the data, the value of El Al's shares rose by 7.82 percent, while Israir's shares jumped by 6.72 percent. Arkia, the third Israeli airline, is not traded on the stock exchange. As mentioned, the jump in the s…

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סרוגים broke the news on Wednesday, September 30, 2026.
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