Ferry group reaps volcanic ash benefit

VOLCANIC ash from Iceland has helped ferry group Irish Continental to achieve near flat year-on-year revenue of €75.7m and before-tax earnings of €8.0m.

Ferry group reaps volcanic ash benefit

Ash from the Eyjafjallajökull volcano has led huge numbers of air travellers to make advance ferry bookings. Total passenger numbers for the four months to April were up by 40,500 (10.4%) to 431,500, compared with the same four months last year.

The ash, however, is not the whole story. The group points out that, prior to the airspace closure of April 15 to 21, foot passenger numbers were already up 18% versus 2009. All told, the group saw a 49% surge in foot and coach passengers.

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