European airliners on watch as Iceland volcano begins erupting


European airline stocks are on watch after Iceland's Bardarbunga volcano began erupting earlier today.

Though a no-fly zone around the volcano is in effect, most commercial air space in Iceland is unaffected so far.

Authorities are watching the eruption carefully to determine the risk of  ash and steam being emitted into the atmosphere as the ice cap is breached.

The 2010 eruption of the Eyjafjallajokul volcano in Iceland caused the cancellation of over 100K flights in Europe due to a massive ash cloud.

Related stocks: Lufthansa (OTCQX:DLAKY), Ryanair (NASDAQ:RYAAY), Air France-KLM (OTCQX:AFLYY), EasyJet (OTCQX:ESYJY), International Airlines Group, EasyJet (OTCQX:ESYJY), Ryanair (RYAAY).

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Comments (5)
  • MisterJ
    , contributor
    Comments (1180) | Send Message
     
    At least this time the volcano's name can be pronounced.
    23 Aug 2014, 06:41 PM Reply Like
  • James Bjorkman
    , contributor
    Comments (2778) | Send Message
     
    News anchors around the country are breathing a heavy sigh of relief that wasn't the Eyjafjallajokul again. Or the Reykjaneshryggur. Or the Tungnafellsjökull. Or the ....
    23 Aug 2014, 07:11 PM Reply Like
  • MLP Trader
    , contributor
    Comments (1069) | Send Message
     
    or the .... Bjorkman ..... ;-)
    23 Aug 2014, 10:59 PM Reply Like
  • James Bjorkman
    , contributor
    Comments (2778) | Send Message
     
    They say it differently in Iceland than we do, but yeah, they'd have a few issues with that as well! ;)
    23 Aug 2014, 11:21 PM Reply Like
  • capitolp
    , contributor
    Comments (716) | Send Message
     
    Damn, Now we got a Volcano Vortex to blame everything on, plus a Napa Valley Wine Vortex. Even International travelling Winos can't catch a break.
    24 Aug 2014, 10:19 AM Reply Like
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