Arab airlines losing 50m euros a day
Published by Irhal
April 20- The suspension of flights to European countries owing to Iceland’s volcanic ash cloud is costing Arab countries to lose about 50 million euros a day, said airline industry analyst Ayad Al-Baitar. "The losses will grow for airlines if the crisis continues," he said adding that "the tourist industry in the region will also be hit hard." Saudi Arabia is currently in the midst of its Umrah season, which…
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