The Icelandic eruptions cost 1.7 billion euros for tourism

According to current estimations; the Icelandic ash cloud caused 1.72 billion euros damage to tourism in Europe – said the head of the World Tourism Organization.

This is consistent with the datas of the international airline organization, the IATA. To the airlines, the Icelandic volcanic eruption caused 1 billion USD loss in five days – said the chief executive officer of the International Air Transport Association (IATA).
For Malév, the European airspace closure made large economic damage. The losses are more than 1 billion HUF – reports Portfolio.hu, after MTI.