Guardian Unlimited
Now it's the turn of easyJet to put a figure on its losses from the volcanic ash cloud. The budget airline just told the City the disruption has already cost it £40m, with losses running at about £5m per day. EasyJet has been forced to cancel 4,500...
Guardian Unlimited
UK economy will lose £100m for every day that planes are grounded. About three-quarters of that cost is being borne by the airline industry , with the wider economy suffering a £25m hit. The crisis began last Thursday, and there are fears this...
Moreover Silicon Valley
The disruption due to the volcanic ash cloud over Europe has cost the travel group TUI £20m so far. Europe’s largest tour operator said about 100,000 of its customers remain stranded overseas due to the widespread closure of airspace across northern...
Independent
Aer Lingus fell as much as 11pc in Dublin trading as a volcanic ash cloud over Europe caused the airline to cancel flights. Aer Lingus declined as much as 8 cents to 67 cents and traded at 68 cents at 9:53am.
Fox News
Europe's largest tour operator TUI Travel Group PLC (TT.LN) said Monday the disruption caused by Iceland's volcanic ash has cost it GBP20 million so far, and will cost between GBP5-GBP6 million a day for as long European flights stay grounded.
News 24
British airlines and travel companies are losing tens of millions of pounds a day from Europe's airspace paralysis, increasing the pressure on officials to give the all-clear for planes to fly again. The closure of most of Europe's airspace because...