El Al: Revenues could drop by $160 million due to coronavirus outbreak
The increased cut in revenues follows a significant drop in consumer demand and shrinking operations due to increasingly strict restrictions on travel imposed by the Health Ministry.
An Israeli flag is seen on the first of Israel's El Al Airlines order of 16 Boeing 787 Dreamliner jets, as it lands at Ben Gurion International Airport, near Tel Aviv, Israel August 23, 2017. REUTERS/Amir Cohen(photo credit: REUTERS/AMIR COHEN)ByEYTAN HALON
