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: Environmental Legal Blogs

allAfrica.com: Africa: Volcanic Ash - Airlines Loss Rises to $1.7 Billion - Iata

By STEPHEN HOLZER

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Lagos ? Director General, International Air Transport Association (IATA), Giovanni Bisignani, said the Icelandic volcano crisis cost airlines more than $1.7 billion in lost revenue for the past six days, just as he disclosed that airlines lost $400 million per day between April 17 and 19, April 2010, when disruptions were greatest.

The latest figure is contrary to $200 million loss per day earlier released by the aviation international body.

via allafrica.com

Full post as published by Environmental Legal Blogs on April 22, 2010 (boomark / email).

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