JTA NEWS
18 October 2018 - 9 Heshvan 5779 - ט' חשון ה' אלפים תשע"ט
JTA NEWS :
Business
Sichuan Airlines launches first direct flight from Chengdu to Tel Aviv E-mail

With a maiden flight on 26 September, Sichuan Airlines inaugurated its direct route from Chengdu, the capital of Sichuan Province in China, to Tel Aviv.

The airline will run two weekly flights, on Sundays and Thursdays, and will be offering passengers a connecting flight from Chengdu to Beijing, Shanghai or Guangzhou at no extra cost. The company is represented in Israel by TAL Aviation.

The flights will use Airbus 330A airliners and later Airbus A350s. Some of the company’s planes are colourfully designed, including decoration with the company’s pandabear logo. The flight time will be eight hours and 20 minutes. The flights will have 277 tourist class seats and 24 business class seats.

Commenting on the growth in passenger traffic between Tel Aviv and China, TAL Aviation president and CEO Gideon Thaler said: “It is true of both businesspeople and tourists going to China and the Far East.” The company expects the inauguration of the new route to substantially boost the number of tourists from Asia to Israel, but also expects to see more families and tourists from Israel visiting China and the Far East.”

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Bedek Group signs maintenance agreement with Hainan Airlines E-mail

Bedek Aviation Group, a subsidiary of Israel Aerospace Industries Ltd., recently entered into an official supplier agreement with HNA Group (Hainan Airlines) from China. Under the agreement, Bedek’s Engine Division will serve as the maintenance and overhaul centre for the V2500 engines of HNA Group’s airlines.

The engines will be sent to Bedek by the customers and returned to China following servicing. The signing of the agreement, which is estimated at tens of millions of dollars a year, was held at HNA Group headquarters in Haikou on 26 September.

Bedek has gained a world- wide reputation as a leading supplier of comprehensive services for passenger and cargo airplanes. Its customers include aircraft lease companies, airlines, aircraft manufacturers and cargo shippers. The new agreement with HNA Group is an important breakthrough and vote of confidence in the quality of service provided by the aviation company.

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Strong interest expected for Hong Kong Jewellery & Gem Fair E-mail

The Israel Diamond Pavilion at this month’s Hong Kong Jewellery & Gem Fair, organised by the Israel Diamond Institute (IDI), will feature an auction of special stones offered by exhibitors.

The goods up for auction will be on view, bids may be placed during the first few days of the Fair, and progress on the bidding will be shown on screens located within the pavilion.

To ensure a high level of interest, IDI will award several free trips to Israel to buyers participating in the auction. The trips will be timed to coincide with International Diamond Week in Israel at the end of January 2019.

The Fair will take place from 12 to 16 September at AsiaWorld-Expo, and from 14 to 18 September at the Hong Kong Convention and Exhibition Centre.

The Israel Diamond Pavilion, in Hall 9 of AsiaWorld-Expo, will be one of the largest at the Fair. Encompassing 978 square metres, it will feature 66 Israeli diamond companies. There will also be 13 additional Israeli companies exhibiting at different locations throughout the show.

The IDI Lounge at the heart of the pavilion will feature a 360-degree bar outfitted with three “Get Diamonds Show” search terminals and a charging station for smartphones and other devices. Get Diamonds Show is a search platform innovated by IDI that enables buyers to search a database of all goods offered by Israeli exhibitors at the show. Accessible on smartphones and featuring both a Chinese and an English version, the search platform has proven to be popular with buyers at previous Fairs.

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Aeronautics wins a contract with Thai Ministry of Defense E-mail

Israel-based Aeronautics Ltd. reported on 30 July that it will supply Dominator unmanned aerial vehicles (UAVs) to the Thai Ministry of Defense. The value of the deal, which includes UAVs, land equipment and accompanying services, is US$27 million over three years. Payment will be according to the milestones set in the agreement.

The Dominator, developed by Aeronautics on the basis of a manned aircraft converted by the company into a UAV, can carry up to 1,900 kilograms in special payloads (such as a camera, radar or bomb) simultaneously, and can stay airborne for 20 hours.

Aeronautics said the Thai Ministry of Defense was one of its veteran customers and that the Thai army had been using the company’s UAVs for the past decade.

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Israel issues statistics on overseas work visas E-mail

At the end of 2017, Israel had about 100,000 foreign workers with valid work visas, according to a statement from the Israeli Central Bureau of Statistics on 30 July.

The holders of work visas who entered Israel in 2017 were from about 100 different countries, with 61% of them from Asian countries and 35% from Europe.

Most of the workers from Turkey, China and Thailand were employed in construction and agriculture. By contrast, most of those from Nepal and the Philippines were employed in nursing.

In addition, about 67,000 workers came as tourists and stayed to work illegally in Israel.

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