Air Haifa ECONOMIC

Request ID: 42050bfa-f33c-437d-a533-b85526a60f5e Research cut-off: 30 September 2026

Supply Chain & Sourcing Relationships

• Air Haifa operates a fleet of ATR 72-600 passenger aircraft; its own site reported six aircraft in service by the research cut-off, while launch reporting documented delivery of the first new ATR from Toulouse and plans for additional aircraft.^{1, 2, 3}
• Israel Airports Authority lists the carrier and identifies QAS as its ground-service provider at Ben Gurion.^{4, 5} Public sources reviewed do not disclose a comprehensive supplier list, fuel supplier, maintenance contractor, or aircraft-financing structure.

Product Origin, Labeling & Regulatory Compliance

• Air Haifa is Air Haifa Ltd., company no. 516787173, and its website/legal terms are governed by Israeli law.^{6, 7}
• The company received its Israeli Civil Aviation Authority operational licence in September 2024 and operates scheduled domestic/international passenger services from Haifa.^{1, 4}

Investment, Capital & Financial Exposure

• Early cap-table reporting placed Nir Zuk at 57%, Gonen Usishkin, Lior Yavor and Michael Strassburger at 11% each, with smaller holdings for Shai Babad, a trust vehicle and Rafi Danieli.⁸ ch-aviation separately reported Zuk as the main investor and identified share counts for founders/investors from company-data reporting.⁹
• The complete current beneficial percentages and shareholder agreement were not available in the public materials reviewed. The 2023 percentages therefore should not be assumed unchanged without a current primary register extract.

Operational Presence & Market Activity

• Air Haifa calls Haifa Airport its home base and currently markets scheduled routes connecting Haifa with Eilat, Cyprus and Greece; Israel Airports Authority independently confirms domestic and international operations.^{1, 4}
• The airline launched during the 2024 war period, initially using Ben Gurion before northern airspace conditions allowed Haifa operations; later it served demand created while many foreign carriers suspended Israel service.^{3, 10, 11}
• In 2025 Air Haifa operated authority-approved rescue/repatriation flights and resumed service after security closures.¹² These operations reinforce that its revenue-producing core business and regulatory dependency are centered in Israel.

Corporate Structure & Foundational Ties

• Air Haifa was founded in Israel in 2023 as an Israeli private company and was created specifically to establish scheduled commercial air service from Haifa.^{1, 8, 9}
• Reported founders combine Israeli aviation executives with majority investor Nir Zuk; Shai Babad, formerly director-general of Israel’s Ministry of Finance, was also reported as an investor.^{8, 9} No source reviewed indicates Israeli government equity ownership.⁹
• Air Haifa’s legal terms identify a Petah Tikva address while Haifa Airport is its operating home base.^{7, 4}

Profit Repatriation & Economic Contribution

• The airline’s Israeli incorporation, home-base operations, Israeli licensing, local ground handling and domestic route to Eilat establish direct participation in the Israeli aviation economy.^{1, 4, 5}
• Public launch coverage explicitly described expected jobs, regional connectivity and support for the northern Israeli economy, while Air Haifa management described a direct-sales model intended to keep ticketing simple and lower-cost.^{13, 10}
• No public financial statements reviewed disclosed Air Haifa’s profits, corporate tax paid, dividends, or exact profit distributions to shareholders. No claim is made about a quantified tax or profit-flow amount.
• No public evidence identified of Air Haifa operating branches in West Bank settlements, East Jerusalem settlements, or the occupied Golan Heights; its published route/base materials identify Haifa, Ben Gurion/Ramon and foreign Mediterranean destinations instead.^{1, 4, 10}