Though the volcanic cloud still hangs over many businesses economic researchers say the current travel chaos will not endanger economic recovery
01:20
Janine RabeApril 20, 2010
The closure of airspace over Europe is causing havoc for companies.... some analysts are saying the disruption could cause losses of up to 3 billion dollars for passenger airlines and cargo carriers. The ash plume is disrupting exports and has brought air freight services to a halt. European airlines say they'll be seeking compensation from their governments, and there's been criticism of European officials for imposing a blanket ban on flights over large parts of Europe.