Volcanic ash has airlines breathing fire
While airlines are counting their losses after the flight disruption, ferry groups have never had it so good
The unforeseeable travel chaos prompted by the activities of an Icelandic volcano has thrown another curveball at the travel industry.
As Ryanair and Aer Lingus coped with a shutdown of European airspace, Irish Ferries owner Irish Continental Group (ICG) became indispensable to stranded travellers, after already impressing the market with its resilient business model and diminishing debt levels.
The grounding of airlines signalled a boon for ICG, which has lost trade to cheaper air travel...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine