Ash chaos costing BAA ?6m a day

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  • xman
    Admin
    • Sep 2006
    • 24007

    Ash chaos costing BAA ?6m a day


    UK airports operator BAA has said that the ban on flights as a result of the volcanic ash cloud is costing it between £5m and £6m a day.The company said it was working to ensure that its airports were ready to resume operations at short notice.

    BAA operates six airports in the UK, including Heathrow and Stansted.

    Separately, Irish airline Aer Lingus said that the disruption of the past five days had cost it 15m-20m euros ($20.2m-$26.9m; £13.2m-£17.6m).

    The carrier said it was currently losing 4m-5m euros a day.


    However, it added that it had "substantial cash reserves" and could "withstand a sustained closure of airspace".This article is from the BBC News website. ? British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.


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