Ash cloud crisis cost airport £600,000
17.10.10
East Midlands Airport has said the volcanic ash crisis earlier this year cost it £600,000. The eruption of the Icelandic volcano Eyjafjallajoekull in May caused UK airspace to be shut for 6 days. Barry Thompson, the airport's finance director, said the costs had been ‘substantial’, though less than initial estimates of over £1m.
About 63,000 East Midlands passengers were affected by cancellations and delays. Mr Thompson said: ‘The airport lost on average £100,000 each day during the period of disruption. Six months on, the impact that the volcanic ash cloud had on our business is now clear. Although this is a substantial amount, it is less than originally anticipated; due to a prediction that we would incur further associated costs or income loss.’
In June, the airport called for damages from the government, but has said it is ‘no longer actively pursuing any form of compensation’.
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