India's national carrier Air India is scheduled to begin its direct flight between New Delhi and Tel Aviv soon.
Interacting with reporters after his meeting with US President Donald Trump at the White House, Netanyahu said that Air India has signed an agreement with Saudi Arabia to use its airspace.
"Air India signed an agreement today to fly to Israel over Saudi Arabia," Netanyahu said.
Israel does not have diplomatic ties with Saudi Arabia, but it was reported that the two nations have been working covertly on their shared security concerns over Iran after the 2015 nuclear accord, which both governments strongly opposed.
Such a permission by Saudi Arabia would reduce the air travel time from New Delhi to Tel Aviv by Air India from about eight hours to five and a half hours, Netanyahu said.
Since El Al's flights will take longer and be more expensive, as the planes consume more fuel because they fly a longer, more circuitous route, the Israeli prime minister said he is in talks with the national carrier to ensure that it does not get hurt economically.
Meanwhile in New Delhi, an Air India spokesperson reacting to Prime Minister Netanyahu's statement said, "We are yet to receive any communication from the Indian regulator."
Air India has sought permission from the Directorate General of Civil Aviation for thrice-a-week flight from Delhi to Tel Aviv.
Israel's Ministry of Tourism will approve a one-time grant of 750,000 euros to Air to launch the flight service, an Israeli official had said last month.
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