TITLE

Ash causes cash flow problems

AUTHOR(S)
Berman, Chloe
PUB. DATE
April 2010
SOURCE
Travel Weekly (UK);4/23/2010, Vol. 5, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the six-day shutdown of Great Britain airspace due to the volcanic eruption has caused cash flow problems among travel agents as short-term bookings dried up due to air restrictions. John McEwan, Association of British Travel Agents (ABTA) chairman declared that the drop on booking activities would cause serious cash flow troubles. However, airline bosses are confident that the market would recover as airports had equipped to deal with six-day flying restriction.
ACCESSION #
50460472

 

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