Volcanic ash cloud costing airlines millionns a day
By Kim Saulse
17 April 2010
Air traffic disruptions resulting from the volcanic ash cloud hanging over Europe is costing the International Air Transport Association more than R15 million a day.
The Association has set up a crisis centre in Montreal that is working closely with European air navigation services.
Spokesperson Anthony Concil says aside from lost revenue, airlines will also accrue additional costs for rerouting their aircraft and reimbursing stranded passengers.