23-May-2011 2:26 PM
New ash cloud threat for European aviation
Analysis
EUROCONTROL stated: "There is currently no impact on European or trans-Atlantic flights, and the situation is expected to remain so for the next 24 hours", adding "aircraft operators are constantly being kept informed of the evolving situation".
The eruption of another volcano in Iceland in Apr-2010 closed European airspace for six days.
European airline shares were mixed on Friday.
Selected EAD daily share price movements (% change): 23-May-2011