Israel’s Economy in Crisis: Air Transport and Real Estate Sectors Face Severe Decline Amid Resistance Strikes
The Zionist entity’s economy continues to reel under sustained losses across various sectors, driven by intensified resistance actions, particularly those originating from Lebanon, Iraq, and Yemen. These strikes have caused widespread disruption in major Israeli-occupied cities, including occupied Yaffa, exacerbating the entity’s economic vulnerabilities.
Air Transport Crisis Exposes Israeli Isolation
A report from Bloomberg sheds light on the escalating air transport crisis confronting the Zionist entity. The report highlights the withdrawal of leading American and European airlines from operating flights to and from occupied Palestine, citing significant security risks. Repeated strikes on Israeli airports by Hezbollah, as well as actions by Iraqi resistance forces and Yemeni armed forces on two separate occasions, have contributed to the current paralysis in air travel.
Bloomberg describes how the Israeli occupation faces mounting trade isolation, with international airlines suspending operations for months. Direct flights between “Tel Aviv” and key global cities such as Washington, San Francisco, Toronto, Hong Kong, and New Delhi remain suspended, limiting international business interactions and hampering air freight logistics.
Of the 20 airlines that previously dominated the Zionist air travel market before the escalation in Gaza on October 7, most have completely ceased operations. Only a handful of Israeli carriers continue to operate out of the largely deserted Ben Gurion Airport, underscoring the scale of the aviation blockade Israel is now facing.
Ticket prices have surged by 50% to 400%, effectively crippling tourism to the occupied territories. This, coupled with slowed air freight operations, has deepened Israel’s commercial crisis. The ongoing Yemeni naval blockade has already brought the Israeli entity’s export and import activities to a near-standstill, compounding the trade disruption.
Bloomberg also reports that air freight costs have risen by more than 250%, fueling inflation and creating additional economic strain.
Real Estate Collapse Fuels Banking Sector Crisis
The economic crisis extends into the real estate sector, now experiencing a deepening collapse. Zionist media reports indicate that this decline is having a cascading effect on the banking sector, as financial institutions face increased risks. In response, the Bank of Israel has issued warnings to local banks against excessive financing in the volatile real estate market.
According to global rating agencies, the broader economic downturn has further reduced Israel’s credit rating. Investment levels have plummeted by over 60%, and critical sectors that once generated billions for the Zionist economy are now in decline. This has widened the budget deficit, forcing the government to increase taxes and tariffs, further discouraging investors, and accelerating reverse migration among settlers.
Resistance Actions Amplify Economic Strain
Ongoing resistance actions, particularly those by Hezbollah, have struck at the core of Israel’s economic infrastructure. The repeated targeting of key facilities has severely impacted commercial activities, tourism, and trade across various sectors, driving the Israeli entity into a deeper economic quagmire.