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Edition: U.S. Article Comments (0) Slideshow Video Save Email Print Reprints Most Popular Most Shared Obama backers show signs of disappointment 1:04am EDT Paulson reassures on Goldman role | Video 11:01am EDT RPT-Ex-Goldman employee surfaces in SEC complaint 8:01am EDT WRAPUP 1-Paulson reassures on Goldman role; earnings eclipsed 12:23am EDT Arizona passes tough illegal immigration law 19 Apr 2010 Everest "death zone" set for a spring clean up 19 Apr 2010 Obama backers show signs of disappointment 1:04am EDT Chrysler posts $4 billion of losses since bankruptcy 9:18am EDT Democrats haunted by corporate ties 9:33am EDT Added sugar increases heart risks: study 20 Apr 2010 European skies open but airline schedules scrambled Maria Sheahan FRANKFURT Wed Apr 21, 2010 11:48am EDT Related News Stranded couple given impromptu wedding in Taiwan 10:43am EDT Iceland volcano spews less ash, eruption goes on 10:24am EDT UPDATE 2-Iceland volcano spews less ash, eruption goes on 9:40am EDT Airlines lost more than $1.7 billion by Tuesday: IATA 6:24am EDT UPDATE 2-Airlines lost more than $1.7 bln by Tuesday -IATA 6:21am EDT Related Video European skies reopen to business 6:35am EDT Air travellers scramble for flights European airspace reopens < 1 / 10 > View Full Size FRANKFURT (Reuters) - Europe's skies were open for business on Wednesday but, with so many planes having been grounded by the volcanic ash from Iceland, it could take days or even weeks to clear the backlog. World About 75 percent of flights in Europe will operate on Wednesday, some 21,000 of the 28,000 flights normally scheduled each day, European air traffic agency Eurocontrol said. Flights resumed after scientists and manufacturers downgraded the risk of flying in areas of relatively low ash concentrations, Britain's Civil Aviation Authority said. "The major barrier to resuming flight has been understanding tolerance levels of aircraft to ash. Manufacturers have now agreed increased tolerance levels in low ash density areas," CAA head Deidre Hutton said. "A return to normal will take another 48 hours," French junior Transport Minister Dominique Bussereau predicted. "I think the situation will be normal before the weekend." Britain had lagged behind its European neighbors in downgrading the threat to airplanes from the ash, which can potentially scour and even paralyze jet engines. In 1982, a British Airways jet lost power in all four engines after flying through an ash cloud over the Indian Ocean. With aircraft having flown successful test flights for several days, recriminations have begun over why governments took so long to give the green light to the aviation industry, which the International Air Transport Association (IATA) says has lost some $1.7 billion in revenues. "For an industry that lost $9.4 billion last year and was forecast to lose a further $2.8 billion in 2010, this crisis is devastating," IATA Director General and Chief Executive Giovanni Bisignani said in a statement on Wednesday. He urged governments to examine ways to compensate airlines. "It is an extraordinary situation exaggerated with a poor decision-making process by national governments," he said. "SHAMBLES" The two biggest travel companies in Europe, Thomas Cook and TUI Travel issued a joint statement criticizing the British government's response to the volcano. "The government's response to the crisis has been a shambles," said TUI Travel Chief Executive Peter Long. "It is clear that they underestimated the severity of the consequences of the decision for a blanket closure of the airspace for such a protracted period of time." But Henri Goudru, a UN scientific adviser who has studied volcanic eruptions for 40 years, defended the closures. "In the absence of reliable facts, the only thing to do was to stop aircraft from flying, given the risk to planes of suffering serious engine damage, perhaps crashing," Goudru, who is also president of the European Volcanological Society, told a news conference in Geneva. "This was not an overreaction. We...do not know enough about these clouds and what can happen to planes flying into them." The progressive reopening offered stranded passengers and the airline industry some relief, but timetables are wrecked. "To get back to normal levels of operation from an industry point of view will take weeks," British Airways Chief Executive Willie Walsh told BBC television. For some passengers who have faced epic journeys and huge financial outlay since no-fly zones were imposed on Thursday, the decision came too late. Others were more lucky. A hotel in Taiwan organized an impromptu wedding for a Slovakian couple stranded on the island and unable to get home for their long-planned ceremony. When Juraj Hegyi, 32, and Zuzana Marcekova, 31, were spotted crying in the Orchard Park Hotel near Taiwan's main airport, the manager offered to organize a wedding, invited clergy and packed the venue with 100 people including other stranded Europeans. "This is not our normal line of work, but the boss here learned they were crying, that they wanted to go back urgently and had planned the wedding for more than a year," assistant hotel manager Chou Chia-hui said on Wednesday. ECONOMIC IMPACT The economic impact of the cloud has already hit parts of the supply chain and could potentially dent the fragile recovery from the global recession. PricewaterhouseCoopers said a week of disruption could destroy 0.025-0.05 percent of annual British gross domestic product. The same could be true of other European countries, though Germany said the effect on its economy would be limited. The volcano under the Eyjafjallajokull glacier was still erupting on Thursday, but producing much less ash. "There is ongoing activity in the volcano and we don't see any signs of it coming to an end. There is less ash production, it is probably the same as yesterday," Icelandic meteorological office official Gudrun Nina Petersen told a news conference. "The plume is very low, so most of the ash is falling here and keeping itself under 20,000 feet," she said. A low pressure weather system moving into Iceland should also help clear the ash cloud within days, an expert from the World Meteorological Organization said in Geneva. (Additional reporting by European and Asian bureaux; Writing by Jon Hemming; Editing by Sonya Hepinstall and Lin Noueihed) ($1=.6233 Pound) ($1=.7439 Euro) World Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. More from Reuters European skies open but airline schedules scrambled FRANKFURT (Reuters) - Europe's skies were open for business on Wednesday but, with so many planes having been grounded by the volcanic ash from Iceland, it could take days or even weeks to clear the backlog. | Video Paulson reassures on Goldman role | Video Former IOC president Samaranch dead at 89 Obama: No litmus test on abortion for high court pick Iran denounces U.S. "nuclear threats," to hold drill Ousted Kyrgyz leader says still president | Video » More Top News Paulson reassures on Goldman Paulson & Co sought to allay investor concerns about its role in a deal that has scarred Goldman Sachs' reputation and overshadowed blow-out quarterly earnings. Full Article SEC testimony may contradict: CNBC Goldman lawyer lays low, packs punch Ex-Goldman trader appears in complaint The Paulson letter Goldman Sachs John Kemp: Bad news for Republicans Democrats can stand united in taking on Wall Street -- and getting in their way could prove an embarrassing gaffe for Republicans. Commentary Financial reform is a matter of faith Liberals hit Senate financial reform bill Regulation © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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