The airline expects revenues to drop by $50-70 million between January and April as a result of the coronavirus outbreak.

Israeli flag carrier El Al said it was cancelling flights to all Italian destinations and Bangkok on Thursday, as well as postponing the launch of its new route to Tokyo, due to the coronavirus outbreak.Following additional limits on movement imposed by the Health and Interior ministries, the airline said it was halting flights to Milan, Venice and Rome from Friday until March 14. Flights to Napoli, operated by El Al subsidiary Sun d'Or, have also been canceled.

All flights to Bangkok – El Al's only destination in Thailand – will be frozen from March 2 until March 27, the company said. Facing reduced demand, the airline halved its service to the Thai capital earlier this month. The scheduled launch of a new, non-stop route to Tokyo on March 11 has also been postponed until April 4.In addition, the renewal of flights to Beijing and Hong Kong will now be pushed back until May 2. Read more at JPost