Northern Europe which suffered a setback due air traffic disruption from Icelandic volcanic ash on Wednesday was provided with hope when experts said the eruption was rapidly dying down, a report said
The International Air Transport Association (IATA) slashed its forecast for airline industry profits in 2011, citing the recent surge in oil and jet kerosene prices. The association warned of substantial deterioration in profits if rising energy costs significantly weakens economic growth.
U.S. President Barack Obama and Secretary of State Hillary Clinton have asked the department of Transportation Security Administration (TSA) to look for less intrusive body screening rules.