The eruption of an Icelandic volcano that caused disruption to flights across Europe cost an airport £600,000.
East Midlands Airport said the eruption of Eyjafjallajokull in May, which sent a vast cloud of volcanic ash across European airspace grounding planes, meant it had to close for six days at a cost of £100,000 a day.
About 63,000 passengers were affected by the airport's closure. But the cost of shutting had first been estimated to be more than £1million, according to Barry Thompson, the airport's finance director.
He said: "Six months on, the financial impact that the volcanic ash cloud had on our business is now clear.
"Although this is a substantial amount, it is less than originally anticipated; due to a prediction that we would incur further associated costs or income loss."
The eruption of an Icelandic volcano that caused disruption to flights across Europe cost an airport £600,000.
East Midlands Airport said the eruption of Eyjafjallajokull in May, which sent a vast cloud of volcanic ash across European airspace grounding planes, meant it had to close for six days at a cost of £100,000 a day.
About 63,000 passengers were affected by the airport's closure. But the cost of shutting had first been estimated to be more than £1million, according to Barry Thompson, the airport's finance director.
He said: "Six months on, the financial impact that the volcanic ash cloud had on our business is now clear.
"Although this is a substantial amount, it is less than originally anticipated; due to a prediction that we would incur further associated costs or income loss."