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Volcanic ash disruption to air travel costs US$5bn in global GDP

Beijing, China - According to a report the crisis caused by volcanic ash presents economic effects of wide entity

"Nearly US$5 billion in global GDP has been lost to air travel disruption caused by the Icelandic volcano eruption, according to a report launched today at the World Travel and Tourism Council’s 10th Global Travel & Tourism Summit in Beijing, China. The study by leading economic forecasting consultancy Oxford Economics finds that passengers, airlines and the destinations themselves were not the o...

fra/pec - 1117672
Rome, Italy, 05/26/2010 18:58
AVIONEWS - World Aeronautical Press Agency

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