The European Union and Israel have signed an air transportation agreement that will gradually develop an aviation area with common rules.
Under the deal, all EU airlines will be able to operate direct flights to Israel from anywhere in the EU, and Israeli carriers will be able to operate flights to airports throughout the EU.
The EU-Israel air transportation market will be opened incrementally over the next five years so that by 2018, the market will be fully open with no restrictions on the number of flights. The gradual implementation of the agreement will give air carriers on both sides time to prepare for increased competition.
The agreement also aims to integrate Israel into a wider common aviation area with the EU based on common rules. Israel will implement regulatory requirements equivalent to EU aviation rules in areas such as safety, environment, consumer protection, air traffic management, economic regulation, competition issues and social aspects.