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Adding Up the Costs of Lost Travel in Europe
Author:Jonathan Translate Updated:2010-04-23 Views:
Air traffic over much of Europe came to a halt for six days because of the huge cloud of ash from a volcano in
At its worst, the crisis affected nearly a third of world air travel. About one hundred thousand flights were cancelled or delayed.
The International Air Transport Association estimated the cost to airlines at nearly two billion dollars.
But that does not include costs like the tons of flowers that growers in
Other businesses that depend on air travel, including hotels and vacation places, also suffered. The crisis affected airports from
The crisis came just as
The
Critics accused European air transport officials of being slow to react, then overreacting to the possible risk to airplanes. And there could be more delays as the Eyjafjallajokull volcano continues to release ash.
Last week's eruption cost time and money for travelers. Hundreds of thousands were stuck. Some had no place to stay except the airport. Others tried to make their way by train, bus, boat or car.
Vacationers have had to change or cancel plans. And not all businesses have been sympathetic.
An American stuck in
Passengers delayed on European airlines may be able to get back at least some of the money they had to spend.
The crisis brought new attention to the billion-dollar market for travel insurance. About thirty percent of Americans buy policies to cover unexpected problems when they travel. Some credit cards offer a form of insurance and could also face claims.
The volcanic eruption was the second time in two years that
(Editor:translation)
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