Air New Zealand has suspended flights to Seoul after South Korea experienced a surge in reported cases of the virus.
The airline said it estimates the cost of coronavirus to the airline's earnings for the 2020 financial year, could be up to $75 million.
Air NZ said "While the situation is uncertain, based on our current assumptions of lower demand as well as the benefit of the announced capacity reductions and lower jet fuel prices, the airline currently expects a net negative impact to earnings in the range of $35 million to $75 million as a result of coronavirus,"
Meanwhile, Australia has updated its official travel advice for Japan and South Korea due to concerns about the spread of coronavirus.
Travellers are being told to exercise a high degree of caution in both countries.
