Chief Executive Officer Jacob Even-Ezra said it is too early to say how world demand will increase as countries mobilize to fight terrorism, but he predicted that most airports would increase their security.
He stressed that fighting terrorism requires a long-term commitment. “I hope it is not short-lived,” he said, noting the need for government institutions and agencies to make a shift in their thinking on combating terrorism.
Even-Ezra’s concerns were echoed by Michael Itzhar, CEO of Mipha International, which provides airport security services. Itzhar noted that no one is prepared to adequately invest in security, as it is not profitable.
“The airport, the Airports Authority and the government all disagree over who should pay for security,” said Izhar.
He noted that as the airline industry is constantly competing for cheaper tickets, companies are reluctant to take on extra costs that did not contribute to their profitability. “It is very sad, as the technology exists. It just requires the necessary investment,” said Izhar.