An article from The Wall Street Journal stated that the head of British Airways said on Friday that flight bookings had not been hit by the fallout from the volcanic ash cloud, however there was still a possibility that travelers would choose not to fly.

Chief executive, Willie Walsh, also stated that he felt it probably that the European Union would produce a framework for paying airlines for the  multi-billion dollar cost of closing the region’s airspace for approximately the entire week of the eruption.

“I wouldn’t dismiss it, but we’ve seen no evidence [of cancellations],” Walsh said.

British Airways was at the top of the list of worst-affected airlines.

Wash said he presumed European leaders to give further details next week of how they would support the affected carriers financially.

“Europe needs to define what is acceptable,” said Walsh.

Source: The Wall Street Journal