- 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 (OTCPK:AFLYY), EasyJet (OTCQX:ESYJY), International Airlines Group, EasyJet (OTCQX:ESYJY), Ryanair (RYAAY).