Singapore Airlines (SIA) has lost about S$40 million ($29 million) in revenue from the flight disruptions caused by the shutdown of European airspace,

Of the S$40 million, S$30 million is from passenger operations while the remaining S$10 million is from the airline's cargo operations, says the Star Alliance carrier.

"It is anticipated that a large portion of the S$30 million mentioned above will accrue from deferred travel as normal flight operations resume," it adds.

Separately, the carrier spent S$10 million on hotel accommodation, meals and other facilitation for affected passengers in Singapore and overseas, says SIA.

The carrier, which cancelled several flights from 15 April after a volcanic ash cloud shut down airspace in Europe, has resumed its full European flight schedule.

"We are also looking into the possibility of mounting additional flights, and using aircraft with larger capacity on certain routes, where possible," says SIA.

Source: Air Transport Intelligence news