on August 10, 2006, British authorities announced that they had foiled a plot to blow up airliners bound for the US in a series of bombings that could have been deadlier than the September 11 attacks. Britain and the US raised terror alert to the highest level and instructed airlines not to allow carry-on luggage. London Heathrow, the most affected, is the world’s biggest airport. It’s five times the size of an average UK airport and 87 airlines operate from here. Ten days later, come the costs.
Over 2,000 flights were cancelled at London’s three major airports since August 10. In addition to the costs of the cancelled flights, airlines have had to pay hotel accommodation for several stranded passenger and refund tickets. They had to spend vast sums of money to return close to 20,000 bags that went astray. The estimated cost of all this is a minimum $570 million.
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Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
Over 2,000 flights were cancelled at London’s three major airports since August 10. In addition to the costs of the cancelled flights, airlines have had to pay hotel accommodation for several stranded passenger and refund tickets. They had to spend vast sums of money to return close to 20,000 bags that went astray. The estimated cost of all this is a minimum $570 million.
For complete IIPM article click here
Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
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