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
Big jump in international passengers for Saudi Airlines
flydubai will fly to Tashkent from 11 March 2019
New Istanbul airport starts operations
Latest Travel News
Multiple Langham Hotels named in 2020 Re...
Swiss Belhotel to open 4 new hotels in t...
Abu Dhabi and Wizz Air announce establis...
Featured Sights To See
Museo Arqueologico Nacional

Museo Arqueologico Nacional

Madrid, Spain

Another historical feast for the visitors that unfolds pieces from the royal collection belonging to prehistoric times, Ancient Egypt, Greece, Rome and Mudejar Spain. As of the year 2008, the building is under reconstruction hence only highlights from the collection are being shown.   Calle Serrano 13, Salamanca Fax: +34 91 431 6840  Tel: +34 91 577 7912  Timings: ...

Lama Temple

Lama Temple

Beijing, China

This temple dates back to the 1690s. Traditionally it belonged to the next Yongzheng Emperor but after the seat of the empire was shifted to the Forbidden City in the 1740s this building was converted into a temple. They are some magnificent incense burners located here in addition to statues of some significant protagonists of Tibetan Buddhism. The most beautiful amongst these is the statue of Ma...

Stavropoleos Church

Stavropoleos Church

Bucharest, Romania

Despite the immense development plans taking place in the city, Stavropoleos Church has the same old and soft aura to its structure. Located in the old center, the church has a number of decorations and sculptures that are worth admiration and have been present for time immemorial.                     ...

Charles Dickens House and Museum

Charles Dickens House and Museum

London, United Kingdom

The only remaining London home of author Charles Dickens has been converted into the Charles Dickens Museum, a place all literature buffs must visit! Dickens wrote the classics Oliver Twist and Nicholas Nickleby in this very house; so who knows maybe your visit may inspire you to start writing a potential classic yourself. Manuscripts, rare editions, personal items and paintings that belonged to...