Airline

Airlines to lose billions because of Volcanic ash

April 17- Iceland’s volcanic eruption on Wednesday and the lingering ash cloud has caused airlines to lose as $1 billion in revenue given the suspension of all flights to Europe, said the Centre for Asia Pacific Aviation (CAPA). “The lost revenue for the industry could be in the hundreds of millions, possibly as high as $1 billion,” said Derek Sadubin, Chief Operating Officer (CEO), CAPA.

According to estimates, about six million passengers will be affected by the suspension of flights if European airports remain shut, added Sadubin. Delta Air Lines Inc., British Airways and Qantas Airways are among the dozens of airlines that have scrapped services after Iceland’s 5,500-foot Eyjafjallajökull volcano erupted.

Meanwhile, the suspension of services became worse on Friday as airports in the region remained shut and more than half the flights to Europe were cancelled. British airspace will be closed until at least 1am on Saturday, according to flight-control authority National Air Traffic Services.

In Germany, 10 airports, including Frankfurt, were shuttered, according to the DFS air traffic control agency. Qantas, which has more than 1,000 passengers holding at Asian stopovers, canceled four services today and is unlikely to resume Europe flights before April 18. Singapore Airlines Ltd. axed eight flights while Air China Ltd and All Nippon Airways Co also scrapped services.

According to AccuWeather.com, the ash cloud is expected to linger till April 18 in all of Europe with no significant improvement in the coming days.

More Airline
Emirates announces one-off A380 service to Islamabad
Emirates now offers two flights a day to Prague
Emirates launches service to London Stansted
Latest Travel News
Emirates now offers two flights a day to...
Corinthia Hotel London launches new luxu...
Emirates Palace Hotel Abu Dhabi launches...
Featured Sights To See
Kenyan National Archives

Kenyan National Archives

Nairobi, Kenya

This is situated in one corner of the Central Business District of Nairobi and is a rich source of information on both historical and contemporary Kenya. It has photographic records as well as exhibits of Kenyan art and craft. Moi Avenue, Nairobi Tel +254 (2) 228959 ...

Se (cathedral)

Se (cathedral)

Lisbon, Portugal

Built on the site on a mosque in 1150 by the Crusaders, this place is one of the biggest icons in Lisbon. While the medieval outside may look imposing, the inside is very Romanesque with a beautiful rose tinted window. There is a treasury that houses religious jewels and apparently the burial place of Lisbon’s patron saint, St Vincent. The Gothic cloister has items from archaeological excavations ...

Fontana della Barcaccia (Fountain of the Old Boat)

Fontana della Barcaccia (Fountain of the Old Boat)

Rome, Italy

Fontana della Barcaccia ia a Baroque fresh-water fountain in Rome in the Piazza di Spagna, just below the Spanish Steps. Its shape resembles a half sunken ship with water spilling from its sides.The fountain is the work of Pietro Bernini and his son Gian Lorenzo Bernini. Water flows out unhurriedly from this fountain, giving the visitor a sense of peace and tranquility. Legend goes that before t...

National Theater

National Theater

Munich, Germany

Munich's opera history began in 1651 and since then has seen performances, including thoseof Verdi, Cavalli, Mozart, Beethoven, Wagner and Strauss. These composers make up a great share of today's programs. The Bavarian State Opera presents over 350 performances a year. Timings: Mon-Fri 10.00 -18.00, Sat 10.00 -13.00 Advance sale commences one month before the performance Tel: ...