Apr
19 Business counts the cost of Volcanic Ash
The ongoing problems with the Volcanic Ash cloud have made much of Europe a no-fly zone since last Thursday. The financial problems this has wreaked upon the airlines is obvious but there are many other businesses suffering financially as a result.
Many businesses which rely upon goods from overseas are unable to receive delivery as normal. Companies which rely upon the airports for business, such as airport transfers, now have no business at all. The airports themselves, who employ thousands, are also receiving no revenue, as are all of the businesses located within their perimeters now that they are closed.
Many business leaders, not to mention critical employees, are stranded overseas, unable to get back to the UK. It is estimated that up to 6.8m people have so far been directly affected by the travel chaos across Europe.