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9. Volcanic Ash Crisis Cost Airlines $1.7 Billion
Volcanic Ash Crisis Cost Airlines $1.7 Billion. IATA today estimated that the Icelandic volcano crisis cost airlines more than $1.7 billion in lost revenue through Tuesday (20 April 2010)- six days after the initial eruption. For a three-day period (17-19 April), when disruptions were greatest, lost revenues are estimated to have reached $400 million per day.
10. Elbit Systems and Nicarnica Aviation Offer Volcanic Ash Detection Capabilities
Elbit Systems and Nicarnica Aviation are now offering Volcanic Ash Detection capabilities, as part of Elbit Systems’ new ClearVision EVS product for business jets. The combined solution will enable pilots to avoid flying into contaminated areas while still maintaining safe operation in areas influenced by volcanic eruptions.
11. LAN Airlines Resumes Sydney - Santiago Flights
LAN Airlines today resumes daily flights between Australia and South America following the dispersal of volcanic ash cloud in New Zealand airspace. Flight LA 800, the airline’s daily flight on the Sydney - Auckland – Santiago route, has been disrupted since early June because of the ash cloud.
12. Finnair's Growth Tarnished by Ash and Strikes
Finnair's Growth Tarnished by Ash and Strikes. Finnair Group’s turnover grew by 10% to 2,023 million euros in 2010. The operational result was a loss of just under five million euros. Profitability, however, improved from the previous year's 170 million euro operational loss. The result before taxes was a loss of 33 million euros.
13. IATA Reports Global Airline Traffic for April 2010
IATA Reports Global Airline Traffic for April 2010. The scale of the ash crisis saw global load factors drop to 76.9% from the 78% recorded in March 2010. Freight load factors also dipped to 55.3% from the 57.1% recorded in the previous month. While March traffic was within 1% of pre-crisis levels for both passenger and cargo, this slipped to 7% for passenger and 3% for cargo in Ap
14. Lufthansa and Max Planck Institute Conduct Special Test Flight
Lufthansa and Max Planck Institute Conduct Special Test Flight. On Tuesday, and in cooperation with the Max Planck Institute in Mainz, Lufthansa carried out a measuring flight in order to obtain clear evidence about the concentration of volcanic ash in the airspace over Europe. The flight was conducted by a specially equipped Airbus A340-600 with the CARIBIC climate research contai
15. Eyjafjallajokull Helps European Hotels Net Revenue Explode
Eyjafjallajokull Helps European Hotels Net Revenue Explode. As continued Volcanic activity in Iceland has led to even more airport shutdowns this week, Pegasus’ raw data indicates the aviation industry absorbed the brunt of the Eyjafjallajokull ash cloud’s negative financial impact, while some European hotels realized triple digit jumps in revenue.
16. WTTC Calls for Governments to Intervene
WTTC Calls for Governments to Intervene. WTTC Members – including airlines, hotels and tour operators – are already doing their utmost to get travellers where they need to be. Recent crises – 9/11, SARS, Swine and Avian flu, tsunamis, earthquakes and now the volcanic ash cloud – have all impacted the travel and tourism economy over the last decade. However legislation that could he

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