Ash from Iceland’s Eyjafjallajokull volcano started to spread across North European skies last week, grounding thousands of domestic and long-haul flights and causing an estimated $1 billion in losses. Today the European Union attempted to get the continent moving again and reopened certain routes, giving millions of stranded passengers a chance to head home and throwing a lifeline to airlines that were hemorrhaging an estimated $250 million a day.
Because of the Volcanic eruption and ash closd from Iceland. The volcanic ash cloud had caused about 300,00 flights to be cancelled and almost a billion in economic damage.
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