IATA Details Ash Cloud Economic Impact

By Jens Flottau jens@flottau.com
FRANKFURT

African and Middle Eastern airlines have seen a significant financial impact of the volcanic ash cloud over Europe last month, although much less than their European peers.

According to figures released by the International Air Transport Association (IATA), 30% of African airlines’ capacity was affected by the five-day closure of much of Europe’s airspace. Middle Eastern carriers were forced to ground around 20% of their fleet — the part that is ...

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