The Icelandic volcano Eyjafjallajoekull erupted on the 14th April hurling a plume of ash high into the atmosphere and grounding flights affecting nearly seven million travellers.
Within hours of the decision to ground planes businesses started to count the cost with peoples travel plans collapsing and many becoming effectively stranded. The impact of the volcanic eruption is already being estimated as costing airlines £130million per day, although rail, ferry and some hotel operators are reporting massive increases in business as alternative arrangements are sought.