Latest articles tagged volcano

The International Air Transport Association (IATA) announced that March 2010 international scheduled air traffic showed continued strengthening of demand. Compared to March 2009, passenger demand was up 10.3%, while cargo demand grew 28.1%. Both are improvements from the 9.0% and 26.3% growth for passenger and freight demand recorded in February.

The International Air Transport Association (IATA) applauded the announcement by the European Commission of a comprehensive program to provide relief to the air transport sector in the aftermath of extra-ordinary airspace closures resulting from the ash plume of an Icelandic volcano.

Following massive ash cloud disruption which led to airspace over much of Europe being closed for five days, cheap flights site Skyscanner can reveal that domestic destinations have risen in popularity as May Day bank holiday locations.

The International Air Transport Association (IATA) estimated that the Icelandic volcano crisis cost airlines more than $1.7 billion in lost revenue through Tuesday—six days after the initial eruption. For a three-day period (17-19 April), when disruptions were greatest, lost revenues reached $400 million per day.

Hotel performance at select European airports showed increases in occupancy and average room rate compared with the same week last year, as a cloud of volcanic ash grounded air travel and stranded travellers throughout the continent, according to daily data from STR Global, the leading provider of market data to the hotel industry.