(CNN) -- The cloud of ash from an Iceland volcano is casting a shadow over the nascent economic recovery in Europe as the cancellation of flights in key markets entered its fifth day.
By the end of the day on Sunday, a total of 63,000 flights had been canceled in the four days since ash from a volcano under the Eyjafjallajokull glacier in Iceland closed the airspace of a large swath of Europe, according to air traffic authority Eurocontrol. The air travel and freight disruptions are costing airlines at least $200 million a day and perhaps billions more to the affected economies, one industry group warned. (Full Story) Source:CNN
By the end of the day on Sunday, a total of 63,000 flights had been canceled in the four days since ash from a volcano under the Eyjafjallajokull glacier in Iceland closed the airspace of a large swath of Europe, according to air traffic authority Eurocontrol. The air travel and freight disruptions are costing airlines at least $200 million a day and perhaps billions more to the affected economies, one industry group warned. (Full Story) Source:CNN
