%PDF-1.4 % 12 0 obj <> endobj xref 12 11 0000000016 00000 n 0000000705 00000 n 0000000784 00000 n 0000000919 00000 n 0000001015 00000 n 0000001531 00000 n 0000001780 00000 n 0000001857 00000 n 0000004234 00000 n 0000004388 00000 n 0000000516 00000 n trailer <]>> startxref 0 %%EOF 22 0 obj <>stream xb```f`` ox(anm /_ "(f`ea^ ,]˅ !vE V@ j @f endstream endobj 13 0 obj <> endobj 14 0 obj <> endobj 15 0 obj <>/ProcSet[/PDF/Text]/ExtGState<>>> endobj 16 0 obj <> endobj 17 0 obj <> endobj 18 0 obj <> endobj 19 0 obj <>stream hެXɎH+d$%6;'oS.d0KJIlS}ȔT4ÒdD/"?ڍ7oUZmUXi"s?"RUEQVEvZiUka0+*Y( \&Y^$+ 4IR޹K&'2(&w##o>zAz,0>WjYnJtgViOWVZ_-L  Ж@^abMG%*8 (*#O7o[9qX:Fjo4׺J7 cqwQ>`Vʫz0`ciQ$p'~b#>cAUPW5=q[-vGՌALSӉ/gƤH#Y7~ 멮'2P2 I0lAL-J2zhJUM#S^6mrGÁPOMaFKbFUwe7wK(n.d_†{,cf{L{,UψGFWfB> +:QY&Tom02뺕8WX&]iKLK2̛>Ht'fkobj+}l- xbmOwA o)zx$3ܨZL gJrTRyPr艣^ꏖ5aL)y7ED2mzowj.S|o b5EԈM{C@, g S!hj2~`vu@39tl/t9%fVz޴-J&wNSKk|)Anm$6-U2GM_cbDW (͸R[Q0.'3mBz.N8#˶Y^**w\L{T[  <$YK4]?%1*kDƅxA}C+v_R=NVFND>m؇bRwnh3Sf ±aՅ$:tHЇ+aXXMS=N7w_FII /G"0 8/}kx[-.~McG4HqX(jh^&@XR C,vv0 ^NMe /C@K2$&b\c#0w WN`(r`cJ+<|9z>qm)'BI ~LZeFivaL@Ac(22Y`-/jH'Cz^M]+l.J^"WO/wj)|:K ٥b1ϵJxBC1xzxdmFudс ]gT D U_{y֤"d+:LtnwN,YlUޣfK`a0&V KFؤg*lINz̀Y~sSkRU(9T7P\-w ӡA6r4煤/({ݛԛM3 d%q.3H<*jFuI ~3O-*.J,ncX3| /᳥\$g~c0g%Li$>w괧Ln2ygQ&ҟT\7-&9eϪg-/|g{7vӉP+P04hlanF oQD]p^̐L7.Vnb/+á0~:ZoGKu'w 3lWel]3uˑ#Gyn^`e!g&w*M߿]= þiߥx +=ܩLZ8idj-Kԣ)~|ÑOt&fE\]W]C} '?ޯ 0| endstream endobj 20 0 obj <> endobj 21 0 obj <> endobj 1 0 obj <> endobj 2 0 obj <>/ProcSet[/PDF/Text]/ExtGState<>>> endobj 3 0 obj <>stream hޤXMs8W4EnYIUθbmav4I)R{ueVM*FӃzyr ) I(⟻γi"_V.2,} p;~W;^܏{m)=E5M_NgJ 9C6V-.J6'9c@Gމ{>f"Ic* Q+-lLun]+Gq)n>ܞQoL$Q1!:t;!N߮lWR2T3[AUyz0j_ ɼGF8ޠx5p8(\xvz{랐"򒋂P5"r)ω)(L& n(H0#O#lO8"A6"S2*JtY4נwu tʎ̚y6xW[r{Ӹz< IO k,'Pmנ6W- ,KcV3֗@U׎} I_qD5u有[+[ Qzw׸%[s_[BKh*J nl4+Y&VuUԍ~篵055Np)^u?Qk2@kʚp݃\s:2ĵ_ӑӅ7g(d:vT^5@ҳ5 7"`wϯi䕣Ov/e4 GD|,ogw<&[;믎9$'͉@p.U#~b;=u VÙED*egUocQخı(QTVu#|%bkR60}_$ߟuٌKPx&0suD:ֵ4z򅦼 -OfK*`5UÜv6t22hU['k Fn }h@,.Yϔ:iJkjKWq>'! L[sU[fG]`b(79!qTGYnCI'LzF(#j*!]|/sqCɐgiߌaW'͚&dMEjZB?".᱄Dj[<^Vϲg.k}d^GhsTĔ4a?g4({ϛ9ꬫئHj|Jd!:YяjUOi&5o`X3 endstream endobj 4 0 obj <> endobj 5 0 obj <>/ProcSet[/PDF/Text]/ExtGState<>>> endobj 6 0 obj <>stream hތVMs6Wt,wÜ:= -#*Iٓ_ܷ(i$AYnko޵!MӍU2g*+2XYN& _^n/<҅n^?AeYְЙwnweB0^SYݰb; :ox6aKy^:T!N#KAFFq'g+#4u:p}v[;O#b JdvD{yPZ_ʈ\ 7|~J .2qFF08u4!wqd 68u6/Eo&MDvM>>"`>PreU-h=n-ҬYmUc*- n̥PFnQ?/73htz=]ĚrKE4]ZLɏ3m$+6><1Ȓ7;K آjgSzÒ5`:~5%b9t?uj:XWGYC endstream endobj 7 0 obj <> endobj 8 0 obj <> endobj 9 0 obj <> endobj 10 0 obj <>stream PScript5.dll Version 5.2.2 2010-05-20T10:43:33+10:00 2010-05-20T10:43:33+10:00 application/pdf Microsoft Word - BRUFA _EandT_Report mtu Acrobat Distiller 8.1.0 (Windows) uuid:e3955361-8e41-4ad9-8793-22f9108ae949 uuid:b7095b91-df3b-459c-8f10-5b044542342b endstream endobj 11 0 obj <> endobj xref 0 12 0000000000 65535 f 0000004616 00000 n 0000004748 00000 n 0000004843 00000 n 0000007168 00000 n 0000007300 00000 n 0000007395 00000 n 0000008685 00000 n 0000008719 00000 n 0000008743 00000 n 0000008807 00000 n 0000012482 00000 n trailer <> startxref 116 %%EOF IATA Press Release



International Air Transport Association


For immediate release

Date: 21 April 2010   No: 15



Volcano Crisis Cost Airlines $1.7 Billion
-IATA Urges Measures to Mitigate Impact-

Berlin - The International Air Transport Association (IATA) estimated that the Icelandic volcano crisis cost airlines more than $1.7 billion in lost revenue through Tuesday—six days after the initial eruption. For a three-day period (17-19 April), when disruptions were greatest, lost revenues reached $400 million per day.

“Lost revenues now total more than $1.7 billion for airlines alone. At the worst, the crisis impacted 29% of global aviation and affected 1.2 million passengers a day. The scale of the crisis eclipsed 9/11 when US airspace was closed for three days,” said Giovanni Bisignani, IATA’s Director General and CEO.

IATA noted there are some cost savings related to the flight groundings. For example, the fuel bill is $110 million a day less compared to normal. But airlines face added costs including from passenger care. “For an industry that lost $9.4 billion last year and was forecast to lose a further $2.8 billion in 2010, this crisis is devastating. It is hitting hardest where the carriers are in the most difficult financial situation. Europe’s carriers were already expected to lose $2.2 billion this year—the largest in the industry,” said Bisignani.

Mitigating the Financial Impact
“As we are counting the costs of the crisis we must also look for ways to mitigate the impact. Some of our airport partners are setting industry best practice. London Heathrow and Dubai are waiving parking fees and not charging for repositioning flights. Others airports must follow,” said Bisignani.

But the larger role is for governments. Bisignani made four specific requests for regulatory relief:

  • Relax Airport Slot Rules: IATA urged that rules on take-off and landing slot allocation (use it or lose it) be relaxed to reflect the extra-ordinary nature of the crisis.
  • Lift Restrictions on Night Flights: IATA urged governments to relax bans on night flights so carriers can take every opportunity to get stranded passengers back home as soon as possible.
  • Address Unfair Passenger Care Regulations: “This crisis is an act of god—completely beyond the control of airlines. Insurers certainly see it this way. But Europe’s passenger rights regulations take no consideration of this. These regulations provide no relief for extraordinary situations and still hold airlines responsible to pay for hotels, meals and telephones. The regulations were never meant for such extra-ordinary situations. It is urgent that the European Commission finds a way to ease this unfair burden,” said Bisignani.

Bisignani also urged governments to examine ways for governments to compensate airlines for lost revenues. Following 9/11, the US government provided $5 billion to compensate airlines for the costs of grounding the fleet for three days. The European Commission also allowed European states to provide similar assistance.

“I am the first one to say that this industry does not want or need bailouts. But this crisis is not the result of running our business badly. It is an extra-ordinary situation exaggerated with a poor decision-making process by national governments. The airlines could not do business normally.  Governments should help carriers recover the cost of this disruption,” said Bisignani.

Re-Opening Air Space
On Monday, the European Commission announced revised measures for handling airspace closures, following widespread criticism of their methodology.

“Airspace was being closed based on theoretical models not on facts. Test flights by our members showed that the models were wrong. Our top priority is safety. Without compromising on safety, Europe needed to find a way to make decisions based on facts and risk assessment, not theories,” said Bisignani.

“The decision to categorize airspace based on risk was a step in the right direction. Unfortunately, not all states are applying this uniformly. It is an embarrassing situation for Europe, which after decades of discussion, still does not have an effective Single European Sky. The chaos and economic losses of the last week are a clarion call to Europe’s political leaders that a Single European Sky is critical and urgent,” said Bisignani.

View Giovanni Bisignani's remarks

- IATA -

For more information, please contact:
Anthony Concil
Director Corporate Communications
Tel: +41 22 770 2967
Email: corpcomms@iata.org

Notes for Editors:

  • IATA (International Air Transport Association) represents some 230 airlines comprising 93% of scheduled international air traffic.

International Air Transport Association
800 Place Victoria, P.O. Box 113 Montreal, Quebec, Canada H4Z 1M1.



  About Us   |   Membership   |   Work Groups   |   Areas of Activity   |   Services & Solutions   |   Events   |   Training   |   Pressroom


IMPORTANT PRIVACY INFORMATION: The International Air Transport Association (IATA) does not sell or rent your email address to any third party. You received this email message due to your membership, participation or interest in IATA. IATA sends various advertisements, promotions and special announcements regarding products and services that we feel may be of interest to you. 

This message was sent by IATA using Responsys Interact.



 © Copyright 2010. All rights reserved.  Privacy Policy  |  Contact Us