iceland volcano

Just over a year after the ash cloud from the Eyjafjallajokull volcano caused an expensive and chaotic shutdown of air travel across much of Europe, an different volcano in Iceland, Grimsvoetn, is erupting.

Ryanair Holdings Plc (RYAAY), Europe's largest discount airline, reported a 24% decline in quarterly earnings on the impact of the Icelandic volcano that caused travel chaos in the spring. Net income for the quarter ended June 30 was 93.7 million euros ($122 million), compared with 123 million...

As the ash cloud from Iceland's Eyjafjallajokull volcano clears, travel and tourism businesses on both sides of the Atlantic are tallying the cost. Find out how the massive aviation disruption has affected those industries.

As airspace slowly reopens in parts of Europe and some airlines restart their service, the continent's aviation industry and the E.U. are trying to adjust to the historic economic disruptions brought on by ash from the Iceland volcano.

Some travelers built makeshift living rooms in airport halls with cots encircling cardboard boxes, while seniors got a taste of the long-forgotten college life in dorms in Florence, Italy, and others plunked down thousands of dollars on cab fare in desperation to get where they needed to be...

Airlines aren't the only industry to suffer from Icelandic volcano Eyjafjallajokull's hissing fit. Publishing is getting burned, too, as authors can't get to book fairs and book tours, and book shipments to customers overseas get delayed.

Following the eruption of a volcano under Iceland's Eyjafjallajokull glacier, European air travel has been paralyzed. But the natural disaster has been a boon for other companies, especially the ferries that zip around European waters.

If you're among the hundreds of thousands of travelers whose vacation or business trips got covered in ashes by a volcanic eruption in Iceland this week, your travel insurance is likely to bail you out -- at least partly. As ash continued to spew into the atmosphere from a volcano in southern...