The International Air Transport Association (IATA) openly supported the announcement by the European Commission of a comprehensive program to provide relief to the air transport sector in the aftermath of extra-ordinary airspace closures resulting from the ash plume of an Icelandic volcano.
Air traffic disruptions caused by the volcanic ash cloud from Iceland inflicted losses on the European tourism sector worth 2.3 billion dollars (1.7 billion Euros), the United Nations World Tourism Organization (UNWTO) estimated Friday.
Spanish tourism lost 252 million Euros over six days because of travel restrictions caused by the volcanic ash cloud which grounded air traffic in Europe, industry body Exceltur said on Wednesday.