“There are difficult days ahead and it is possible that we will be required to take dramatic steps and make painful decisions,” El Al CEO Gonen Usishkin wrote in a recent email to company employees. The coronavirus pandemic, which is wreaking havoc on airlines and tourism worldwide, is taking its effect on Israel’s national airline. As fear of the coronavirus began to grow last month, El Al halted flights from Tel Aviv to China, later halting flights to Hong Kong as well. The loss of Chinese tourism alone was a major financial hit being that China is the world’s largest tourism market for outbound travel. Earlier this week El Al also reduced its flights by 50% to Thailand.
Recent comments