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13/05/2010
Ash Clouds Thomas Cook's Profits
Thomas Cook is down by millions of pounds in profits following the continuing disruption caused by the Icelandic ash cloud.
The travel firm has reported that disruption caused in April was costing £70m alone after the ash cloud grounded planes across Europe.
Thomas Cook estimates that it lost up to £20m of revenue from customers who chose not to rebook their holiday after they were unable to fly.
The rest of the £70m cost relates to the cost of supporting customers who were stranded, and bringing them home.
Chief Executive Manny Fontenla-Novoa said that while customers had been reluctant to book holidays during the days when flights were cancelled, booking patterns quickly recovered once airspace was reopened.
"We are pleased with the development of our summer bookings programme, particularly given the disruption caused by the volcanic ash cloud.
"If we exclude the estimated impact of the volcanic ash cloud, then the group remains confident of meeting board expectations for the year," Fontenla-Novoa said.
The volcanic ash cloud has caused significant economic damage, with the EU estimating that European businesses lost up to €2.5bn (£2.1bn), Airlines are thought to have lost at least $1.7bn (£1.15bn).
On a more positive note, Thomas Cook also reported that it made a smaller pretax loss in the six months to the end of March, at £252m compared with £309m the year before.
(BMcC/GK)
The travel firm has reported that disruption caused in April was costing £70m alone after the ash cloud grounded planes across Europe.
Thomas Cook estimates that it lost up to £20m of revenue from customers who chose not to rebook their holiday after they were unable to fly.
The rest of the £70m cost relates to the cost of supporting customers who were stranded, and bringing them home.
Chief Executive Manny Fontenla-Novoa said that while customers had been reluctant to book holidays during the days when flights were cancelled, booking patterns quickly recovered once airspace was reopened.
"We are pleased with the development of our summer bookings programme, particularly given the disruption caused by the volcanic ash cloud.
"If we exclude the estimated impact of the volcanic ash cloud, then the group remains confident of meeting board expectations for the year," Fontenla-Novoa said.
The volcanic ash cloud has caused significant economic damage, with the EU estimating that European businesses lost up to €2.5bn (£2.1bn), Airlines are thought to have lost at least $1.7bn (£1.15bn).
On a more positive note, Thomas Cook also reported that it made a smaller pretax loss in the six months to the end of March, at £252m compared with £309m the year before.
(BMcC/GK)
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09 May 2013
easyJet To Conduct Ash Cloud Experiment
Luton-based airline easyJet has flown a tonne of volcanic ash from Iceland as part of an experiment to test an aircraft warning system. The volcanic ash was collected by the Institute of Earth Sciences in Reykjavik and dried to create the consistency of fine talc. It will be used in a "unique experiment" which is planned for this summer.
easyJet To Conduct Ash Cloud Experiment
Luton-based airline easyJet has flown a tonne of volcanic ash from Iceland as part of an experiment to test an aircraft warning system. The volcanic ash was collected by the Institute of Earth Sciences in Reykjavik and dried to create the consistency of fine talc. It will be used in a "unique experiment" which is planned for this summer.
24 May 2010
Volcano Cools As Flight Disruption Eases
Travel disruption flowing from the Icelandic volcano - which has been disrupting air traffic for more than a month now - is showing a marked drop in activity. Experts say the temperature in Eyjafjallajokull's crater appears to have fallen to 100C, meaning it is now producing steam, not magma.
Volcano Cools As Flight Disruption Eases
Travel disruption flowing from the Icelandic volcano - which has been disrupting air traffic for more than a month now - is showing a marked drop in activity. Experts say the temperature in Eyjafjallajokull's crater appears to have fallen to 100C, meaning it is now producing steam, not magma.
18 May 2010
No-Fly Regulations To Ease Disruption
As volcanic ash cleared the UK today - with south westerly winds becoming more established - 4NI's UK News service has been looking at the background to the latest round of disruption.
No-Fly Regulations To Ease Disruption
As volcanic ash cleared the UK today - with south westerly winds becoming more established - 4NI's UK News service has been looking at the background to the latest round of disruption.
11 May 2010
Flight Disruption Continues To Hit Travellers
There was limited volcanic ash disruption to flights to and from the UK today. Scores of UK air passengers are still facing further delays caused by the volcanic ash cloud that has halted many European flights. Flights to and from parts of Spain, Portugal, Morocco and the Canary Islands have been affected after the countries closed their airspace.
Flight Disruption Continues To Hit Travellers
There was limited volcanic ash disruption to flights to and from the UK today. Scores of UK air passengers are still facing further delays caused by the volcanic ash cloud that has halted many European flights. Flights to and from parts of Spain, Portugal, Morocco and the Canary Islands have been affected after the countries closed their airspace.
06 May 2010
UK Airports Open But How Long Will It Last?
Airports across the UK have reopened after the latest disruption to airspace caused by volcanic ash. The ash cloud moved west overnight and has cleared UK airspace, air traffic control body Nats said. Airspace over Scotland and Northern Ireland was shut overnight after levels of volcanic ash had made it too unsafe to fly.
UK Airports Open But How Long Will It Last?
Airports across the UK have reopened after the latest disruption to airspace caused by volcanic ash. The ash cloud moved west overnight and has cleared UK airspace, air traffic control body Nats said. Airspace over Scotland and Northern Ireland was shut overnight after levels of volcanic ash had made it too unsafe to fly.
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Northern Ireland WeatherThis Evening and Tonight:Mostly cloudy with showery outbreaks of rain reaching parts of Antrim and Down later this evening, The showers will extend westwards overnight, clearing from most places by morning. Minimum temperature 7 °C.
