Volcanic Ash Crisis Cost BAA $42m

29 April 2010 (Last Updated April 29th, 2010 18:30)

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

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.