{"id":25845,"date":"2010-04-29T10:44:00","date_gmt":"2010-04-29T10:44:00","guid":{"rendered":"http:\/\/www.cheapoair.com\/miles-away\/lufthansa-airline-loses-265-million-due-to-ash-cloud\/"},"modified":"2010-04-29T10:44:00","modified_gmt":"2010-04-29T10:44:00","slug":"lufthansa-airline-loses-265-million-due-to-ash-cloud","status":"publish","type":"post","link":"https:\/\/www.cheapoair.com\/miles-away\/lufthansa-airline-loses-265-million-due-to-ash-cloud\/","title":{"rendered":"Lufthansa: Airline loses $265 million due to Ash Cloud"},"content":{"rendered":"<p>\n&nbsp;\n<\/p>\n<div style=\"text-align: center\">\n<strong>Lufthansa loses big due to ash cloud<\/strong>\n<\/div>\n<p>\n&nbsp;\n<\/p>\n<p>\nLufthansa Airline&rsquo;s CEO says that the closing of European aviation as a result of the Icelandic volcano cost it close to $265.1 million and that the danger of the eruption was exaggerated.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nWhile speaking at the annual meeting of Deutsche Lufthansa AG, CEO Wolfgang Mayrhuber stated on Thursday that the probable cost to the Lufthansa group, counting a few smaller airlines, was expected so far to be nearly $265.1 million.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nHowever, an exact figure was still being determined.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nThe CEO condemned the decision to cease flights without investigating the danger firsthand.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nHe stated that&nbsp;today &ldquo;We know that the danger situation was entirely overrated and the consequences of this were severely underestimated.&rdquo;\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\n<em>Source: <\/em><a rel=\"nofollow\" href=\"http:\/\/www.msnbc.msn.com\/id\/36846495\/ns\/business\/#storyContinued\" target=\"_blank\"><em>msnbc <\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Lufthansa loses big due to ash cloud &nbsp; Lufthansa Airline&rsquo;s CEO says that the closing of European aviation as a result of the Icelandic volcano cost it close to $265.1 million and that the danger of the eruption was exaggerated. &nbsp; While speaking at the annual meeting of Deutsche Lufthansa AG, CEO Wolfgang Mayrhuber [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-25845","post","type-post","status-publish","format-standard","hentry","category-other"],"_links":{"self":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/25845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/comments?post=25845"}],"version-history":[{"count":0,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/25845\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/media?parent=25845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/categories?post=25845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/tags?post=25845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}