After the dust has settled… Financial fallout from the Icelandic volcano
Monday, 14 June 2010
The head of IATA (International Air Transport Association), the airlines’ international trade body, estimated global losses at $250m (£164m) per day. This does not take into account the costs of repatriating those holiday makers stranded abroad. Although flight restrictions have now been lifted the financial pain will continue to be felt for some time.
Related Document: After the dust has settled… Financial fallout from the Icelandic volcano
The head of IATA (International Air Transport Association), the airlines’ international trade body, estimated global losses at $250m (£164m) per day. This does not take into account the costs of repatriating those holiday makers stranded abroad. Although flight restrictions have now been lifted the financial pain will continue to be felt for some time.
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PricewaterhouseCoopers LLP (UK)
www.pwc.com
1 Embankment Place
London, WC2N 6RH
United Kingdom
Phone: +44 (0) 20 7583 5000
Fax: +44 (0) 20 7822 4652
www.pwc.com
1 Embankment Place
London, WC2N 6RH
United Kingdom
Phone: +44 (0) 20 7583 5000
Fax: +44 (0) 20 7822 4652
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