The Volcano’s Effect on Airports

I've written here plenty of times before about the effects of the ash cloud on airlines' bottom line. But let's talk about airports - East Midlands in the UK has said they lost about one million pounds as a result of the natural event. Passenger traffic was down about 31% - and that would explain the lost revenue. When a big source of revenue is landing fees, and flights aren't operating...well, you have the picture.  That means people aren't parking if they don't have a flight to catch, and they're not spending money on concessions.

Not surprisingly, the airport is hoping that governments across Europe will lend airports a financial helping hand.

You can read up on it here.