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April 29, 2010

Volcanic Ash Crisis Cost BAA $42m

The British Airports Authority (BAA) lost £28m ($42.5m) due to the closure of Heathrow and Stansted airports in the UK, following the volcanic ash cloud crisis at the beginning of this month. BAA chief executive Colin Matthews said despite this, passenger traffic rose by 0.2% to 18.6 mi

By cms admin

The British Airports Authority (BAA) lost £28m ($42.5m) due to the closure of Heathrow and Stansted airports in the UK, following the volcanic ash cloud crisis at the beginning of this month.

BAA chief executive Colin Matthews said despite this, passenger traffic rose by 0.2% to 18.6 million for the group and 3.0% at Heathrow during the first quarter of 2010.

Air travel in the UK over the winter has been positive despite harsh weather, tighter security, strikes and the recession.

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