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14 June 2010

After the dust has settled… Financial fallout from the Icelandic volcano

After the dust has settled… Financial fallout from the Icelandic volcano

The head of IATA (International Air Transport Association), the airlines’ international trade body, estimated global losses at $250m (£164m) per day. This does not take into account the costs of repatriating those holiday makers stranded abroad. Although flight restrictions have now been lifted the financial pain will continue to be felt for some time.

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After the dust has settled… Financial fallout from the Icelandic volcanoAfter the dust has settled… Financial fallout from the Icelandic volcano
The head of IATA (International Air Transport Association), the airlines’ international trade body, estimated global losses at $250m (£164m) per day. This does not take into account the costs of repa...

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air transport association, global losses, international air transport association, international air transport, airlines international, flight restrictions, holiday makers, international trade, iata

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