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Travel firms hit by volcano disruption


Travel firms hit by volcano disruption


The volcanic ash cloud travel disruption bill continues to mount.

Europe’s biggest holiday firm TUI Travel said it had to cancel over 170,000 trips and provide help and repatriation for 180,000 stranded customers.

As a result its first-half pretax loss widened to 428 million euros.

British low-cost airline easyJet has had to cancel 6,500 flights so far and has cut its expectations for full-year profit.

However its first-half loss was smaller-than-expected thanks to lower fuel prices.

Both companies hope for compensation from national governments and the European Union.

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