Airlines Lose at Least 1.7 Billion in Revenue During Volcano Crisis

(NECN/CNN) - Across Europe, airports are reopening a week after flights were grounded because of the volcano eruption in Iceland.

75% of scheduled flights in Europe are expected to be in the air today.

The crisis has stranded tens of thousands of passengers around the world.

The shutdown cost airlines more than $1.7 billion in revenue through yesterday.

The Icelandic volcano behind all the travel trouble is still erupting, but the eruptions are weaker and they involve less ash, but more lava.

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