Virgin Australia will continue to fly people out of Denpasar Airport but has cancelled flights into Bali until Saturday at the earliest.
Jetstar has stopped all Thursday's scheduled flights but said it was planning to operate 11 recovery flights during daylight hours.
"As Mt Rinjani continues to erupt and flying conditions remain unpredictable in the days to come, our priority is to bring guests home from Bali, rather than attempting to fly more guests in and having to turn around the flights," Virgin Australia said in a statement.
"Passengers who have not yet commenced their journeys to Bali (have been offered) the option of travelling to a number of alternative holiday destinations."
Virgin Australia said it would provide a further update on Friday morning, while its services from Denpasar to Australia scheduled for that night remain under review.
More than 850 people flew to Australia from Bali on Wednesday when conditions improved.
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