The Iceland Volcano's Lingering (Legal) Fallout on Aviation

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Although commercial aviation in Europe is up and running again after a several-day shut down due to the Iceland volcano, Eyjafjallajokull, the eruption may have raised an issue that goes beyond passenger disruptions. Just as the aviation sector is fighting inclusion in the European Union's Emissions Trading System ("EU-ETS"), the cancellation of more 100,000 flights in Europe due to concerns about volcanic ash highlighted that sector's significant contribution to greenhouse gas emissions.

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Published In: General Business Updates, Environmental Updates, Finance & Banking Updates, International Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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