Ran Lapid, 49, from Nes Tziona, a pilot for El Al, was flying the helicopter when it crashed. Mr Lapid had regularly flown Boeing 737 planes for El Al, and had served as a helicopter pilot in the army.
The other passenger, Hadar Shavit, 39, from the town of Lapid, was also a pilot, for Arkia.
The private helicopter took off from Tel Aviv's Sde Dov airfield and crashed into the sea, 300m from Sironit beach, Netanya.