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Volcano: IATA urges measures to mitigate losses had by airlines
Berlin, Germany - The cloud emergency cost airlines USD 1.7 billion
The International Air Transport Association (IATA) estimated that the Icelandic volcano crisis cost airlines more than $1.7 billion in lost revenue through Tuesday—six days after the initial eruption. For a three-day period (17-19 April), when disruptions were greatest, lost revenues reached $400 million per day. IATA noted there are some cost savings related to the flight groundings. For example, t...
fra/pec - 1116554
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency