Icelandair April passenger numbers down 17% due to ash cloud

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Icelandair reports that its passenger numbers dropped by 17% year-over-year in April as a result of the closure of European airspace due to the volcanic ash cloud.

The carrier's load factor for the month fell 2.1 percentage points to 67.4% and capacity as measured by available seat kilometres was reduced by 9%.

Icelandair also saw a 29% drop in its cargo business, as measured by available tonne kilometres.