Ash cloud losses over 700 million crowns

Losses incurred by the volcanic ash cloud to Czech Airlines, hotels and travel agencies will amount to well over 700 million Czech crowns, the Ministry for Local Development reported on Friday. Prague hotels reported losses to the tune of 250 to 300 million crowns, Czech Airlines reported damages amounting to 300 million while travel agencies reported losses of around 126 million. The losses were incurred in the course of three days during which Czech airspace was closed to traffic.