It is estimated that global airlines have lost 1.2 billion dollars of
revenue due to the volcanic disruption. This is a huge loss as Mr.
Giovanni Bisignani (chief executive of International Air Transport
Association) points out: "For an industry that lost $9.4bn last year and
was forecast to lose a
further $2.8bn in 2010, this crisis is devastating."
Mr. Bisignani also criticizes the government for closing airlines so
fast saying that:
"Airspace was being closed based on theoretical models, not on facts.
Test flights by our members showed that the models were wrong.
"[The
crisis] is an extraordinary situation exaggerated by a poor
decision-making process by national governments. Governments should help
carriers recover the cost of this disruption."
Should the airlines have been closed during the whole time the
volcano was being "disruptive"? Should government have to help pay for
the money lost to the airline industry? More importantly, how can we
avoid future problems of this nature?
Some Resources:
BBC
- Who Should Pay for the Volcano Disruption?
BBC -
Flights Resume as Ash Fear Recedes
BBC -
Volcanic Ash Chaos 'a Lesson for Europe'
Good Answers:
"Almost" Good Answers: