Monday, April 19, 2010

Economic blow to airlines could surpass Sept. 11: EU

Slow and steady, months or years of eruption, will be far more damaging in terms of economic consequences than one-time catastrophic events.

The volcanic ash cloud that has grounded many flights could deal a bigger economic blow to the airline industry than the attacks on the United States on September 11, 2001, the EU's transport commissioner said Monday.

Source: finance.yahoo.com

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