Tuesday, April 20, 2010
As the ash cloud from Iceland's volcanic eruption continues to hover over the European skies, flights to and from Europe remained suspended.
The closing of European airspace has dealt a severe blow to the beleaguered airline industry. The crisis has cost the airlines at least $1 billion so far in lost revenue and could wipe out weaker carriers if it continues much longer, analysts say.
Scientists say that because the volcano is situated below a glacial ice cap, magma is being cooled quickly, causing explosions and plumes of grit that can be catastrophic to plane engines, depending on prevailing winds.
Posted by rahyal at 10:29 PM