Airlines lose nearly $5 million per day due to shutdown of Bali airport

Posted On: Nov. 29, 2017 4:45 AM CST

Corrine Png, chief executive of Singapore-based transport research firm Crucial Perspective Pte. Ltd., said that airlines are losing nearly $5 million in revenue per day following the shutdown of Bali airport in Indonesia due to the eruption of Mount Agung volcano, Reuters reported. The airport in Bali was closed for a second day on Nov. 28 because of ash from volcano, which has already disrupted several hundred flights.