European airlines together losing $200m a dayApril 17, 2010 - 14:23 AMT PanARMENIAN.Net - The no-fly zone across much of Britain after Iceland's huge volcanic eruption this week is set to remain in force over the weekend, placing yet more strain on road, rail and ferry networks already struggling to cope with thousands of stranded passengers. Lord Adonis, the transport secretary, who met officials at the Civil Aviation Authority, Met Office, and National Air Traffic Services today, said: "It is likely significant disruption to most UK air services will continue for at least the next 48 hours". Airlines have been counting the cost of the stoppages, with analysts estimating that British Airways was losing £10m a day. The International Air Transport Association said European airlines are together losing $200m a day. European airlines have been the hardest hit financially, facing $2.2bn losses this year, the Guardian reported. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Government reveals details from Pashinyan’s meeting in border village Prime Minister Nikol Pashinyan has met with a group of residents of a border village in Armenia’s northern Tavush province Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. |