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Ash Attack round-up of global aviation responses: LATEST from airlines, airports, industry bodies

Analysis

The impact of the Ash Attack on the aviation industry has been profound - in a short space of time. CAPA estimates The Ash Attack has already affected the travel plans of 8 million passengers in Europe and around the world, causing at least USD1 billion in lost (and unrecoverable) revenue for the worldwide aviation industry. To this should be added lost ancillary revenues and the costs airlines will incur for re-routing aircraft, as well as caring for stranded passengers and stranded aircraft at various ports. The total cost for the aviation industry (airlines, airports, suppliers, freight operators, handlers etc) could be well over USD2 billion, and rising with each day of disruption.

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