U.S. Airlines Losses Mount Due To Ash

By Adrian Schofield adrian_schofield@aviationweek.com
WASHINGTON

While the European carriers are undoubtedly suffering the most, the U.S. carriers with large transatlantic networks also are hurting due to the ash clouds that have closed much of Europe’s airspace.

Airline analyst Robert Herbst, of AirlineFinancials.com, calculates that the five U.S. passenger carriers with European operations collectively are losing $35.8 million per day since April 16. The loss for April 15 was about $17 ...

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