Though the volcanic cloud still hangs over many businesses economic researchers say the current travel chaos will not endanger economic recovery

The closure of airspace over Europe is causing havoc for companies.... some analysts are saying the disruption could cause losses of up to 3 billion dollars for passenger airlines and cargo carriers. The ash plume is disrupting exports and has brought air freight services to a halt. European airlines say they'll be seeking compensation from their governments, and there's been criticism of European officials for imposing a blanket ban on flights over large parts of Europe.